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Tag: finance

Posted on 10/11/2021

Hong Kong national security law: ex-Apple Daily publisher denied bail after prosecutors cite statements from US, UK as evidence of collusion

Statements from the two governments criticising the national security law and condemning Apple Daily’s closure were evidence of collusion, prosecutors argued. ( read original story ...)

Posted on 10/11/2021

Hong Kong stocks close up as property and tech shares boost

Hong Kong shares finished up on Wednesday, led by real estate firms and tech giants, as investors bought the dip after mainland developers dropped nearly 20% and bet policies to be eased in the sector ... ( read original story ...)

Posted on 10/11/2021

Hong Kong must ensure a smooth shift away from the Libor benchmark

At the end of 2021, there will be a fundamental shift in how the financial industry measures risk, as Libor is phased out. Nearly 10 years after a high-profile London interbank offered rate-fixing ... ( read original story ...)

Posted on 10/11/2021

EV Maker Rivian Is Guiding IPO Price Above Top of Range

Electric vehicle-maker Rivian Automotive Inc. priced shares in its initial public offering at $78 apiece, which was above the top of their marketed range, according to people familiar with the matter. ( read original story ...)

Posted on 10/11/2021

Hong Kong cannot afford to be second best when it comes to fintech

Hong Kong prides itself on being a fintech hub. On the first "fin" part, there is no doubt. On the second "tech" bit, much work remains to be done. The Hong Kong FinTech Week that ended last week has ... ( read original story ...)

Posted on 10/11/2021

FT seeks a China business and finance reporter in Hong Kong

The Financial Times is seeking a China Business and Finance Reporter to join its Asian editorial headquarters in Hong Kong. This is a new role that will focus on coverage of corporations and ... ( read original story ...)

Posted on 10/11/2021

HSBC asks staff to get vaccinated by November 30

HSBC has announced a new vaccine policy for workers based in Hong Kong - asking them to have their first dose by the end of the month. In a memo cited by local media, HSBC requested their ... ( read original story ...)

Posted on 09/11/2021

Hong Kong stocks mixed as Tencent, Xiaomi surrender gains before earnings reports while Geely jumps on auto sales

Hong Kong stocks wavered, with the benchmark hovering near a one-month low, before a raft of earnings reports by bellwether companies including Tencent Holdings and Xiaomi Corp. The Federal Reserve ... ( read original story ...)

Posted on 09/11/2021

Exclusive-HSBC exceeds China wealth hiring targets, explores India private banking re-entry

Though HSBC has a dominant Asia presence with its retail banking, particularly in the financial hub of Hong Kong, global leaders such as UBS and Credit Suisse rule the market for wealthier clients. ( read original story ...)

Posted on 09/11/2021

Hong Kong Stock Market May Find Traction On Tuesday

Hong Kong & China Gas added 0.67 percent, Industrial and Commercial Bank of China collected 0.95 percent, Li Ning plunged 2.47 percent, Longfor rallied 2.07 percent, Meituan tanked 2.02 percent, New ... ( read original story ...)

Posted on 09/11/2021

Hong Kong won’t reopen before mid-2022, government adviser says

Executive Council member says quarantine-free travel with mainland China and vaccination rate key to border easing. ( read original story ...)

Posted on 08/11/2021

A $19 Million Hong Kong IPO Heralds New Transparency Rules

Six months after Hong Kong’s market regulators vowed to protect small investors by stamping out wild swings in stock debuts, the watchdogs are now moving in to ensure better transparency in initial ... ( read original story ...)

Posted on 08/11/2021

40 years on, The Hongkong Bank Foundation continues its charitable mission to answer new needs in the community

Four of the charity partners share how the foundation’s support has helped them innovate and grow over the years ... ( read original story ...)

Posted on 08/11/2021

Goldman’s top banker says many Chinese IPO clients considering shift to Hong Kong from US exchanges

More than half of Goldman Sachs’s pipeline of Chinese companies pursuing initial public offerings in the US are considering shifting their listings to Hong Kong, amplifying a trend of firms seeking to ... ( read original story ...)

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