Tag: finance

These central bank bills will mature in six months, or 182 days, the People's Bank of China said on its website. The move aims to enrich yuan-investment products with high credit ratings in Hong Kong ... ( read original story ...)

HONG KONG - FWD Group Holdings, the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering (IPO) as it now weighs a listing next year amid ... ( read original story ...)

FWD posted an adjusted net loss of US$101m in the first quarter, compared with a profit of US$106m for the same period of 2021. After posting a full-year profit of US$249m in 2021, FWD said it expects ... ( read original story ...)

Not Hong Kong entrepreneur Richard Li, whose Asia-focused insurer FWD has refiled for an initial public offering in its home city some 15 months after it first dropped the Asian hub in favour of a ... ( read original story ...)

Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans with a goal to start trading in the Asian financial hub as soon as next week, according to people familiar with the ... ( read original story ...)

Many people who bought flats in Hong Kong over the past five years are looking at a loss if they decide to sell now, as housing prices continue to slide. One has already lost HK$5.85 million ... ( read original story ...)

Hong Kong slipped four places to 12th in a list compiled by migration consultancy Henley China's tech hub, Shenzhen, is on the rise in terms of its wealthy population and is likely to break into the ... ( read original story ...)

Neusoft Medical has taken several twists and turns on the IPO road, reversing out of an earlier bid to join Shanghai’s STAR Market and now making a third attempt to list shares in Hong Kong ... ( read original story ...)

JPMorgan Chase’s revenues in investment banking could fall as much as 50 per cent year on year in the third quarter, one of the US bank’s most senior executives said on Tuesday. The guidance at ... ( read original story ...)

Major Hong Kong banks are offering high rates for long-term deposits in a bid to secure funds from retail clients to offset a substantial rise in the cost of borrowing from the interbank market. ( read original story ...)

Chinese battery maker CALB Co. has started gauging investor demand for its $2 billion Hong Kong initial public offering. The Jiangsu-based lithium battery maker, a competitor for bellwethers ... ( read original story ...)

Chinese battery maker CALB Co has started gauging investor demand for its US$2 billion Hong Kong initial public offering.The Jiangsu-based lithium battery maker, a competitor for bellwethers ... ( read original story ...)

Special-purpose acquisition companies (SPACs) have received a cooler than expected response in both Hong Kong and Singapore, with some launches from early in the year fizzling and few new applications ... ( read original story ...)

Hong Kong Polytechnic University (PolyU) has teamed up with local financial services company Hang Seng Bank to co-found the Sustainable Future Challenge in Textiles and Fashion.   The competition ... ( read original story ...)