Domino’s Pizza Inc.’s master franchisee in China is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter. ( read original story ...)
Watch: Hong Kong sets up trade office in Dubai with ambitious targets
Hong Kong has opened its first Economic Trade Office in the Middle East at Dubai International Financial Centre on the back of increased trade and economic deals with the UAE. The UAE was also one ... ( read original story ...)
Evergrande founder pledges Hong Kong luxury house for bank loans
Chinese financial news caixin.com reported on Wednesday that the property was pledged to the local Hong Kong branch of China Construction Bank, citing documents from the city's Land Registry. The ... ( read original story ...)
Hang Seng Index stages a pre-lunch rebound as bargain hunters swoop in on oversold internet stocks, ignoring Li Ning’s slump
Hong Kong’s benchmark stock index recovered some of its losses ... ignoring the slump in one of China’s largest athletic wear producers. The Hang Seng Index fell 23.93 points, or by less than 0.1 per ... ( read original story ...)
HSBC sets up new wealth and insurance centre as one-stop shop to capture affluent Greater Bay Area clients
HSBC, the largest lender in Hong Kong and Europe, has opened its first centre that combines wealth management, insurance and medical check-up services into a one-stop shop, as part of its broader ... ( read original story ...)
China Roundup: ByteDance-backed ad agency files for Hong Kong IPO, and more
Also, NetEase leads a virtual human startup’s US$5 million round, and a Tencent-backed ride-sharing firm bags US$1.2 billion. ( read original story ...)
Investment banks argue Hong Kong’s proposed SPAC rules are too rigid -sources
Investment banks and corporate advisors are pushing back against Hong Kong's proposed rules for blank check listings, arguing they are too onerous and will not make the city competitive, three sources ... ( read original story ...)
Hong Kong bourse sees profit drop as major IPOs delayed
Hong Kong's stock exchange reported its second quarterly profit decline as China's widening crackdown on a broad range of sectors roiled markets and delayed major initial public offerings (IPOs).. ( read original story ...)
HKEX profit falls 3 per cent in third quarter profit as IPOs slump on China crackdown
Hong Kong Exchanges and Clearing posts net profit of HK$3.25 billion (US$417.9 million) for the July to September period, compared with HK$3.34 billion a year ago ... ( read original story ...)
HSBC sees opportunity in beaten down Chinese stocks
Investors have been cautious toward Chinese stocks amid Beijing's ongoing regulatory crackdown as well as contagion fears stemming from China Evergrande. ( read original story ...)
Beijing short video ad agency backed by ByteDance and Xiaomi files for IPO in Hong Kong
Uju’s three per cent share in China’s online short video marketing market – niche but expanding rapidly – makes it the second-biggest player in the field ... ( read original story ...)
Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid
Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, and is now ... ( read original story ...)
HKEX May Post Another Quarterly Profit Drop as Major IPOs Wane
Hong Kong’s stock exchange is poised to report its second quarterly profit decline as China’s widening crackdown on a broad range of sectors roiled markets and delayed major initial public offerings. ( read original story ...)
US-China Discussion Overnight Overshadowed By Micro-Cap Real Estate Default
Headlines are screaming about real estate developer Modern Land (1107 HK) missing a bond repayment of $250 million. The company’s equity market cap is $136 million, making it a micro-cap and ... ( read original story ...)