By midday trading the major European equity indices were mixed but little changed in either direction. Today brings the next monetary policy meeting for the European Central Bank, which targeted June ... ( read original story ...)
Chinese investigations of tech firms slow Hong Kong IPO’s
Hong Kong's market for new stock listings has cooled to its slowest pace since 2009 in the wake of increasing Chinese scrutiny of tech firms' anti-competitive business practices ... ( read original story ...)
CBDCs, fintech footprint boosted in Hong Kong by latest national strategy
As part of fintech development efforts, plans for a CBDC is being studied, revealed the central monetary authority on 8 June - Tech Wire Asia ... ( read original story ...)
Chengdu Quanyuantang Pharmacy Plans Hong Kong IPO
By Ben Otto Chengdu Quanyuantang Pharmacy Chain Joint Stock Co. is planning an initial public offering in Hong Kong, part of efforts to expand its ... ( read original story ...)
Oversold Hang Seng Nonetheless Called Lower
The Hong Kong stock market has finished lower in six straight sessions, sinking more than 730 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 28,740-point plateau and ... ( read original story ...)
Hong Kong’s co-working sector set to stabilise, recover as balance returns after years of unbridled expansion
Hong Kong’s co-working sector is set to stabilise and recover after a period of rapid expansion and will be supported by the remote working trend. ( read original story ...)
Fintech 2025 Strategy Announced by Hong Kong Monetary Authority, Includes Comprehensive CBDC Plan
The Hong Kong Monetary Authority (HKMA) announced on Tuesday (June 8, 2021) the updated “Fintech 2025” strategy for promoting financial tech development in the Special Administrative Region of the ... ( read original story ...)
Liu Qiangdong Leads JD Logistics Arm to IPO in Hong Kong
BEIJING and HONG KONG, China. June 7, 2021. Liu Qiangdong has seen exponential ... The company began marketing the IPO at a rate of HK$39.36 to HK$43.36 per share, a strategy that could have seen them ... ( read original story ...)
Top Glove Delays Hong Kong IPO by Few Months After U.S. Ban on Its Products
The world’s largest rubber glove maker said the U.S. ban on its Malaysian-made gloves will delay its share sale plan in Hong Kong by a few months. ( read original story ...)
China Duty Free Group Seeks Secondary Hong Kong Listing
China’s largest travel and duty free retail player has successfully applied to the China Securities Regulatory Commission (CSRC) to list in Hong Kong, according to the public filings. The IPO is ... ( read original story ...)
Hong Kong’s financial system remains resilient: IMF
The International Monetary Fund said Hong Kong's financial system remains resilient to financial shocks despite the challenges that the city had ... ( read original story ...)
IMF says Hong Kong’s financial system resilient to future shocks, cautions property valuations and deep China links as potential risks
The International Monetary Fund said Hong Kong’s financial system remains strong after a challenging two-year period that saw the city’s economy suffer its worst contraction on record. ( read original story ...)
Sens. Want Answers Over Lack Of Hong Kong Bank Sanctions
The bipartisan pair of senators behind the Hong Kong Autonomy Act of 2020 called for an immediate briefing with the Secretary of the Treasury on Tuesday, raising concerns about the department's lack ... ( read original story ...)
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
The Hong Kong Monetary Authority wants to make sure Hong Kong is ready to issue central bank digital currencies as part of its larger FinTech 2025 strategy. ( read original story ...)