Tag: finance

Ping An Insurance Group Co. isn’t convinced by HSBC Holdings Plc’s case against its proposed spinoff, arguing the lender is in need of urgent and radical change, according to a person familiar with ... ( read original story ...)

A HSBC Global Research report believes profitability is imminent for Hong Kong-based Cathay Pacific, as the city looks set to continue easing onerous pandemic restrictions. ( read original story ...)

Consumer prices rose 8.5% in July year-on-year, a slightly better result than the 8.7% increase that economists polled by Dow Jones were expecting. ( read original story ...)

The Hang Seng finished sharply lower on Wednesday with damage across the board, especially from the property and technology sectors. For the day, the index plummeted 392.60 points or 1.96 percent to ... ( read original story ...)

China’s largest duty-free retailer has got the go ahead to list on Hong Kong’s stock exchange, clearing the way for its second attempt at an IPO that could be worth billions. China Tourism Group Duty ... ( read original story ...)

To give investors access to Franklin Templeton, AllianceBernstein, Invesco, Amundi, Pictet and Janus Henderson products #hongkong ... ( read original story ...)

The Ministry of Finance (MOF) on Wednesday issued 5 billion yuan ($742.28 million) of treasury bonds in the Hong Kong Special Administrative Region (HKSAR), with institutional investors vying for the ... ( read original story ...)

Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $17.02 and traded as low as ... ( read original story ...)

Asia-Pacific shares fell on Wednesday as investors digest inflation data from China and look ahead to the U.S. CPI report. ( read original story ...)

Global fund managers holding U.S.-listed Chinese stocks are steadily shifting towards their Hong Kong-traded peers, even as they remain hopeful Beijing and Washington will eventually resolve an audit ... ( read original story ...)

The company's flotation has received approval from the Hong Kong stock exchange's listing committee The company's mainland shares have dropped this week as Covid-19 restrictions hit the duty-free ... ( read original story ...)

Magic Empire (MEGL) stock plunged over 80% in midday trading Tuesday after scoring tremendous gains during the two sessions following its $20M initial public offering ... ( read original story ...)

Regina Ip, Convenor of the Executive Council, expressed in an interview with Bloomberg News that, the Hong Kong government will surely welcome it, should HSBC HOLDINGS (00005.HK) choose to set up its ... ( read original story ...)

Hang Seng Index rises by as much as 1 per cent following comments by Executive Council member Regina Ip on how the government can boost property market Ip later clarifies she was discussing her own ... ( read original story ...)