The Federal Open Committee ended its two-day meeting stateside by keeping interest rates in a target range between zero and 0.25%. ( read original story ...)
More Volatility Expected For Hong Kong Shares
The Hong Kong stock market on Wednesday ended the brutal three-day slide in which it had plummeted more than 2,600 points or 10.3 percent. The Hang Seng Index now rests just beneath the 25,475-point ... ( read original story ...)
China’s regulatory crackdown a drag on Hong Kong’s IPO pipeline: Bankers
Hong Kong's buzzing initial public offering pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their ... ( read original story ...)
Money-laundering ring pushed $4billion through HSBC
Insiders have raised questions over whether HSBC appropriately informed US monitors about the ring, which was uncovered by the bank during an internal review ... ( read original story ...)
Hong Kong appoints investigator to probe fraud allegations in the financial affairs of Apple Daily’s publisher Next Digital
The appointment of the special investigator marked an escalation in the Hong Kong government’s crackdown on financial malfeasance, as it burnishes its credibility as Asia’s financial hub. ( read original story ...)
24 Hong Kong domestic helpers arrested in money-laundering crackdown after opening bank accounts used to wash illicit funds
The domestic workers, allegedly paid to open bank accounts then hand over the ATM cards, were among a group of 29 arrested in a series of raids on Monday and Tuesday. ( read original story ...)
Fashion Label Maker SML Considers Hong Kong IPO
SML Group Ltd., a garment label maker for fashion and retailers, is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter.The Hong Kong-based ... ( read original story ...)
Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen
Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital ... ( read original story ...)
China’s regulatory crackdown a drag on HK’s IPO pipeline – bankers
Hong Kong's buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, ... ( read original story ...)
Ant Group-Backed Ubox Weighing $500 Million Hong Kong IPO
Beijing Ubox Technology & Trade Co., a Chinese intelligent vending machine maker, is weighing a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar ... ( read original story ...)
Hong Kong Wealth Rates to Resume Climb
Hong Kong’s wealth market is poised for a rebound after a pandemic ... Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance ... ( read original story ...)
Majorly Oversold Hang Seng Called Lower Again
The Hong Kong stock market has finished lower in three straight sessions, plummeting more than 2,600 points or 10.3 percent along the way. The Hang Seng Index now rests just beneath the 25,100-point ... ( read original story ...)
Hong Kong stocks clobbered with tech index in record plunge on China regulatory fears, US investment concerns
Hong Kong’s technology gauge slumped by a record 8 per cent on its first anniversary, with nearly half its members crashing by more than 10 per cent. Speculation about US investment ban accelerated ... ( read original story ...)
Li Auto gets nod for IPO, dual primary listing in Hong Kong
Li Auto, the Chinese electric-vehicle maker backed by on-demand delivery service giant Meituan, has got the go-ahead from Hong Kong stock exchange for an initial public offering, just 12 months after ... ( read original story ...)