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Tag: finance

Posted on 08/02/2022

Hong Kong PMI Contracts, Sentiment Turns Negative on Virus Surge

A measure of economic activity in Hong Kong contracted in January for the first time in 11 months as the government imposed new restrictions amid a new wave of Covid-19 infections. The decline ... ( read original story ...)

Posted on 08/02/2022

Hong Kong’s SFC faces staff shortages, increases budget to compete with financial firms

Financial firms said stringent quarantine and travel rules that are part of Hong Kong's relentless pursuit of a "zero-Covid" policy had deterred visitors and cut off their supply of skilled labour. ( read original story ...)

Posted on 08/02/2022

Hong Kong Banks Close Branches; New Jersey Masks: Virus Update

(Bloomberg) -- HSBC Holdings Plc and other banks closed retail branches in Hong Kong as the Covid outbreak there grew. The city reported a record of over 600 infections, putting pressure on the ... ( read original story ...)

Posted on 07/02/2022

Clarity Medical Eyes Mainland Market from Its HK Base in IPO Run-up

But a huge 600 million subset of that who suffer from nearsightedness is also attracting the eyeballs of a growing field of ophthalmological specialists, including Clarity Medical Group Holding Ltd. ( read original story ...)

Posted on 07/02/2022

Hong Kong Banks Close Branches, Australia Reopens: Virus Update

(Bloomberg) -- HSBC Bank Plc and other banks closed retail branches in Hong Kong as the Covid outbreak there grows. The city reported a record of over 600 infections, putting pressure on the ... ( read original story ...)

Posted on 07/02/2022

Hong Kong sets stage for e-CNY use, to launch pilot ‘soon after Spring Festival’

CEO of the Hong Kong Monetary Authority (HKMA), the city's de facto central bank, said on Monday in a regular monthly financial affairs panel meeting of the Legislative Council. He did not give ... ( read original story ...)

Posted on 07/02/2022

E Fund Management (Hong Kong) Co., Ltd. Buys S&P 500 ETF TRUST ETF, PowerShares QQQ Trust …

CD 15-Year Financial Data The intrinsic value of CD Peter Lynch Chart of CD For the details of E Fund Management (Hong Kong) Co., Ltd.'s stock buys and sells, Motley Fool ... ( read original story ...)

Posted on 07/02/2022

GoGoX, Kuaigou Dache operator’s IPO passes Hong Kong stock exchange listing hearing

Details: The company has received approval from the Hong Kong stock exchange for its initial public offering (IPO) with CICC, UBS, BOCOM International, and ABC International acting as underwriters on ... ( read original story ...)

Posted on 07/02/2022

Xinhua Silk Road: Master Kong wins 2021 Hong Kong Corporate Governance and ESG Excellence Award

are conferred annually by the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University. Original Link: https://en.imsilkroad ... ( read original story ...)

Posted on 07/02/2022

Betting on tech firms like Nio and BOC pays off for communist officials in China’s eastern city of Hefei

Researchers at the University of Chicago, Tsinghua University in Beijing, and the Chinese University of Hong Kong analysed every registered company in China – more than 37 million of them. They found ... ( read original story ...)

Posted on 07/02/2022

Does Hong Kong’s Banking Sector Need So Many Expats?

Rachel Rosenthal is an editor with Bloomberg Opinion. Previously, she was a markets reporter and editor at the Wall Street Journal in Hong Kong. + Get alerts for Rachel Rosenthal Talk of an exodus of ... ( read original story ...)

Posted on 07/02/2022

Alibaba weighs on Hong Kong market on stock overhang concerns while China data disappoints

Tech and bank stocks lead losses among Hang Seng Index members while ... each representing eight ordinary shares Hong Kong stocks fell as Alibaba Group Holding led losses in major Chinese technology ... ( read original story ...)

Posted on 06/02/2022

Pandemic takes at least one job away from nearly 70 per cent of Hong Kong poor families, nearly all in dire need of financial help, poll finds

About 93.3 per cent of the respondents said they were facing financial difficulties and wanted the government to offer them direct subsidies. SoCO deputy director Sze Lai-shan said: "The grass-roots ... ( read original story ...)

Posted on 06/02/2022

Coronavirus: Hong Kong reviewing calls to provide short-term subsidy for jobless residents, finance chief says

Hong Kong is looking into offering a short-term subsidy for unemployed workers in response to a call from lawmakers and unionists to help relieve their burdens amid a surging coronavirus outbreak. ( read original story ...)

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