Tag: finance

The special purpose acquisition company is co-owned by Chan and two family members of the city's former chief executive Donald Tsang Yam-kuen The SPAC will focus on acquiring companies in financial ... ( read original story ...)

The guaranteed annual rate for the three-year bond has been raised to 4 per cent from 3.5 per for the previous batch issued a year ago 'We believe such a return will give [Hong Kong's elderly citizens ... ( read original story ...)

HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring. Hong Kong banks are shelling out large sums of money to attract, retain, and develop key staff amidst a shrinking ... ( read original story ...)

Alibaba Group Holding Ltd said on Monday night its voluntary conversion to a dual primary listing in Hong Kong has been confirmed by the Hong Kong stock exchange. Alibaba, which already has a ... ( read original story ...)

Executive Council member Regina Ip earlier told Bloomberg move could be considered as a way to shore up economy and reverse brain drain She later tells Post this is her own idea that she intends to ... ( read original story ...)

HSBC's bosses will meet retail investors in Hong Kong on Tuesday, seeking to convince them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top ... ( read original story ...)

HSBC executives on Tuesday defended the lender's strategy to operate as a global bank and promised better returns to disgruntled individual shareholders in Hong Kong, a day after rebuffing a break-up ... ( read original story ...)

Sporadic lockdowns have dissipated all of the stock gains from Shanghai reopening in June, leaving market bulls frustrated US inflation data due on Wednesday keeps market focus on Fed policy amid ... ( read original story ...)

The Hong Kong stock market on Monday wrote a finish to the three-day winning streak in which it had advanced more than 510 points or 2.5 percent. The Hang Seng now rests just beneath the 20,050-point ... ( read original story ...)

Hong Kong's de-facto central bank bought HK$2.975 billion ($378.99 million) from the market in New York trading hours to stop the local currency from weakening and breaking its peg to the U.S. dollar. ( read original story ...)

Shares of lockset maker Intelligent Living Application Group (ILAG) rallied for the second straight session amid renewed investor interest in Chinese stocks ... ( read original story ...)

Hong Kong-based online brokerage TOP Financial Group (TOP) saw its shares soar 97% Monday. TOP shares opened at $10.52, hitting a high of $23 mid-morning ... ( read original story ...)

Hong Kong took a much anticipated step to reduce mandatory hotel quarantine for international travelers as the city seeks to restore its position as a financial hub and revive its economy. ( read original story ...)

Hong Kong’s retail sector has seen a slight boost in business as most residents received HK$2,000 in electronic vouchers under the consumption voucher scheme. But many refrained from buying expensive ... ( read original story ...)