Stocks appear to be on firmer footing in early trading as China’s economic slowdown strengthens expectations for further policy and market-friendly measures. ( read original story ...)
Hong Kong Bourse Expected To Stop The Bleeding On Tuesday
The Hong Kong stock market has finished lower in consecutive trading days, sinking more than 210 points or 0.9 percent along the way. The Hang Seng Index now sits just shy of the 24,220-point plateau ... ( read original story ...)
China Merchants Bank-backed SPAC files first application under new Hong Kong rules
A SPAC backed by China Merchants Bank applied to list in Hong Kong late on Monday, the first company to do so since new rules allowing such listings took effect at the start of this year. HONG KONG, ... ( read original story ...)
HSBC names new CEO for PHL unit
THE Hongkong Shanghai Banking Corp. (HSBC) has appointed Sandeep Uppal as president and chief executive officer of its Philippine unit, the bank said in a statement. ( read original story ...)
HSBC PH announces new president
HSBC on Monday announced that Sandeep Uppal has been appointed as the new president and chief executive officer of HSBC Philippines, subject to regulatory approval.In a ... ( read original story ...)
Ex-DWS veteran joins HSBC AM as global ETF head
Marco Montanari joins in the newly created role of global capability head, ETF & indexing, as part of the firm's repositioning of its passive business. ( read original story ...)
AInnovation Technology brings out IPO
Qingdao AInnovation Technology Group, an artificial intelligence solutions start-up, has kicked off its Hong Kong IPO, eyeing proceeds of up to HK$1.22bn ($156.9m). China Renaissance, CICC and UBS are ... ( read original story ...)
Bank of China Hong Kong poised to benefit from GBA: analyst
A possible rate hike in March will also positively affect the bank. Bank of China’s Hong Kong franchise (BOCHK) is expected to be a prime beneficiary of the growth of cross-border financial services ... ( read original story ...)
Returning firms on the horns of IPO dilemma
And those already listed overseas have another issue to contend with: should they delist and make a fresh IPO back home? Ever since ride-hailing giant Didi's fortunes suddenly reversed last year, more ... ( read original story ...)
Battery IPO leaves LG Chem low on power
The South Korean group's $11 bln spinoff was partly designed to unlock value. But the parent now trades at a discount to its 82% stake in its newly unleashed subsidiary. Its unloved ... ( read original story ...)
Hong Kong budget: with lower-than-expected deficit, should relief go to masses or only targeted groups? Finance chief Paul Chan voices dilemma
Ahead of coming address in February, financial secretary has faced mounting calls to roll out fresh round of consumption vouchers or more sweeteners He says targeted approach may lead to backlash over ... ( read original story ...)
Hong Kong budget: should goodies go to masses or targeted groups?
Ahead of coming address in February, financial secretary has faced mounting calls to roll out fresh round of consumption vouchers or more sweeteners. ( read original story ...)
The gamification of banking: how Hong Kong virtual lender ZA Bank uses mobile games to attract and maintain customers
ZA Bank says its gamification strategy is resonating with Hong Kong's millennials and Generation Z in the digital era Over a quarter of Hong Kong's adult population is expected to have a virtual bank ... ( read original story ...)
Hong Kong’s brain drain worsens as expats, locals flee
An exodus of expatriates and locals from Hong Kong is poised to intensify this year, as policymakers continue their crackdown on civil society and brush off an increasing uproar over aligning with ... ( read original story ...)