The city leader has said the new round of subsidies to help employers cover payroll ‘will adopt a more targeted approach’, with many larger companies excluded. ( read original story ...)
Hong Kong police arrest 38 over HK$285 million worth of fraudulent loans sought under government-backed pandemic relief scheme
The force’s commercial crime bureau says two syndicates had set up 53 shell companies and submitted false documents to banks. ( read original story ...)
Hong Kong hosts debut Spac listing
Aquila Acquisition Corp floated for HK$1bn ($127.8m) on the Hong Kong Stock Exchange on Friday, becoming the first special purpose acquisition company (Spac) to list in the city. Aquila is backed by ... ( read original story ...)
Leapmotor files for IPO in Hong Kong
Leapmotor filed for an IPO on the Hong Kong Stock Exchange on Thursday. [Photo/Leapmotor website] Leapmotor filed for an IPO on the Hong Kong Stock Exchange on Thursday, making it the fourth China EV ... ( read original story ...)
BOC Tokyo prints first Tona-linked notes
Bank of China on Thursday priced a ¥10bn ($84m) two year floating rate bond linked to the Tokyo Overnight Average Rate (Tona), making it the first deal of its kind to be priced against the Japanese ... ( read original story ...)
First Hong Kong-Listed SPAC Has Slow Start In Trading Debut
Aquila Acquisition Corp., the first special purpose acquisition company to list in Hong Kong, had a slow debut Friday as few investors are qualified to trade the shares.Most Read from BloombergPutin ... ( read original story ...)
Hong Kong’s first SPAC listing sees Aquila shares untraded
Shares in Aquila Acquisition Corp 7836.HK on Friday made a muted debut in the first special purpose acquisition comp ... ( read original story ...)
Hong Kong mulls outlook for scandal-plagued GEM, once touted as Asia’s Nasdaq
The city’s scandal-plagued alternative listing platform has been brought to heel after a rash of scandals, culminating in a clampdown on 60 companies dubbed the "nefarious network.” ... ( read original story ...)
Hong Kong’s Hang Seng falls more than 2% as volatile week continues; Biden and Xi set to speak
U.S. President Joe Biden is set to speak with Chinese President Xi Jinping on Friday, with the two leaders set to discuss topics such as Russia's war against Ukraine and competition between the two ... ( read original story ...)
Aquila Acquisition lists its SPAC on HKEX, kicking off Hong Kong’s embrace of blank cheque companies as a fundraising avenue
The first SPAC in Hong Kong raised HK$1 billion from 99 professional investors HKEX, which started to accept SPAC to list from January, has received 10 applicants as of this week Aquila Acquisition's ... ( read original story ...)
Volatile Hang Seng Called Higher Again On Friday
The Hang Seng now sits just above the 21,500-point plateau and it's called higher again on Friday. The global forecast for the Asian markets is upbeat amidst upward momentum after brutal selling ... ( read original story ...)
HSBC Premier campaign via Wunderman Thompson Hong Kong celebrates all families
Under the current circumstances of Hong Kong, every family is unique and is evolving as they make bold moves forward to face the challenges head on. In light of this, HSBC Premier has launched the ... ( read original story ...)
HSBC Premier supports HK families making bold decisions
HSBC Premier has launched a campaign celebrating the bonds among family members, featuring stories of families facing life-changing moments across online and offline touchpoints. The campaign ... ( read original story ...)
Hong Kong’s financial systems remain stable
Hong Kong's financial systems and money markets have continued to operate in an orderly and smooth manner, said Eddie Yue, chief executive of the Monetary Authority (HKMA), on Thursday. The HKMA will ... ( read original story ...)