And individual investors on the other hand have a 25% ownership in the company. In the chart below, we zoom in on the different ownership groups of BOC Hong Kong (Holdings). BOC Hong Kong (Holdings) ... ( read original story ...)
Hong Kong Bourse May See Renewed Consolidation On Friday
The Hong Kong stock market on Thursday wrote a finish to the four-day losing streak in which it had tumbled more than 840 points or 3.6 percent. The Hang Seng Index now rests just above the ... ( read original story ...)
Hong Kong-listed unit of China’s third largest coal miner Shandong Energy Group announces wind, solar diversification plan
The company, whose parent firm is state-owned coal miner Shandong Energy Group, will promote the development and construction of wind power and photovoltaic power, according to a filing to the Hong ... ( read original story ...)
Hong Kong not living up to its climate commitments under Paris Agreement, new report says
The city’s targets for reducing emissions fall short of what is recommended to ensure global temperatures rise no more than 1.5 degrees Celsius, according to an NGO. ( read original story ...)
Hong Kong Market rebounds on Fed decision, China rate-cut hopes
At closing bell, the benchmark Hang Seng Index declined 0.91%, or 215.19 points, to 23,420.76. The Hang Seng China Enterprises Index dropped 0.9%, or 75.70 points, to 8,342.91. ( read original story ...)
Hong Kong shares rise as upbeat Fed outlook boosts global risk mood
Hong Kong shares rose on Thursday after an upbeat economic outlook from the U.S. Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump ... ( read original story ...)
Chervon launches $402m Hong Kong IPO
China-based tool manufacturer Chervon Holdings has hit the road with an up to HK$3.1bn ($401.8m) IPO. It is floating 71.9m primary shares, or 15% of its enlarged share capital, on the Hong Kong Stock ... ( read original story ...)
Hong Kong: College launches finance seminar
The Civil Service College today launched the "Expert Round Table for Economic Development" seminar series in collaboration with the Academy of Finance. The inaugural seminar took place in the Civil ... ( read original story ...)
The night is always young in Hong Kong
That has obviously been hard to do over the past two years, particularly for those in Hong Kong, who have long treated the city as a base for travelling but have been loathe to put themselves through ... ( read original story ...)
SenseTime plans Hong Kong IPO relaunch Monday: Sources
Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as early as Monday, ... ( read original story ...)
Hong Kong’s home prices to fall in 2022 as stock market slump creates ‘negative wealth effect’, Morgan Stanley says, marking a halt in city’s decade-long real estate …
Morgan Stanley expects Hong Kong's 2022 home prices to fall by 2 per cent, going against the market's consensus of gains between 3 and 10 per cent Sales volume of lived-in homes may contract by 15 per ... ( read original story ...)
SenseTime Weighs Reopening Hong Kong IPO Orders Monday, Sources Say
Chinese artificial intelligence firm SenseTime Group Inc. is considering reopening orders for its Hong Kong initial public offering as soon as Monday, according to people familiar with the matter, ... ( read original story ...)
Credit Suisse Joins Rivals in Reimbursing Hong Kong Quarantine
Credit Suisse Group AG is the latest global bank offering Hong Kong employees compensation to cover the cost of mandatory hotel quarantine upon returning to the city that implements one of the world’s ... ( read original story ...)
HKMA: HK Banking System Has Ample Liquidity; HKD Exchange Rate, Interest Rates Steady
After the US Fed FOMC meeting closed, the HKMA responded that as high inflation persisted and employment continued its solid growth in the US, the Fed announced further reducing asset purchases, and ... ( read original story ...)