The Hong Kong stock market has climbed higher in three straight sessions, jumping more than 350 points or 1.3 percent along the way. The Hang Seng Index now rests just shy of the 29.470-point plateau ... ( read original story ...)
HSBC Offers Vaccinated Staff in Hong Kong Two Days of Extra Leave
HSBC Holdings Plc is offering all Hong Kong staff two days paid vaccination leave, as it responded to the city government’s ramped-up efforts to boost uptake of the inoculation in the Asian financial ... ( read original story ...)
Chinese Real Estate Developer Shiliu Investment Files for Hong Kong IPO
Shiliu Investment Group has filed for an initial public offering in Hong Kong, with CCB International as the Chinese property developer’s exclusive sponsor. The IPO prospectus the Beijing-based ... ( read original story ...)
China digital currency: Hong Kong, Shenzhen proposed as ‘expressway’ for cross-border financial innovation
A senior central bank official has proposed setting up a controlled environment to test China’s digital yuan for capital account flows between Shenzhen and Hong Kong. ( read original story ...)
Covid-19: Hong Kong shortens quarantine period for vaccinated travellers from UK
Hong Kong has shortened its quarantine period from 21 days to 14 for vaccinated travellers from the United Kingdom, although unjabbed arrivals will still face a three-week compulsory stay in hotel ... ( read original story ...)
Asian stocks mixed ahead of monthly U.S. jobs report
U.S. markets, which ended May with a gain amid inflation fears, were due to reopen Tuesday following a holiday. Traders looked ahead to Friday’s report on U.S. hiring in March for reassurance April's ... ( read original story ...)
Hang Seng Bank Limited
Long-Term Issuer Default Rating (IDR) is one notch above its Viability Rating (VR), as Fitch Ratings believes senior creditors would benefit from resolution funds raised by the ultimate bank holding ... ( read original story ...)
Hong Kong will only “change for the better”: business magnate
Provided by Xinhua With patriots administering Hong Kong the global financial hub will get stronger and stronger under one country two systems All ... ( read original story ...)
Financial Planning: TransUnion Survey Reveals Hong Kong Residents are Facing Financial Pressure due to COVID
The COVID-19 pandemic has taken a heavy toll on Hong Kong residents’ financial situation with many people now worried about whether they’ll still be able to settle their bills, according to a recent ... ( read original story ...)
Skadden News: Skadden Advises On JD Logistics, Inc.’s US$3.2 Billion Hong Kong IPO.
Skadden advised JD Logistics, Inc. ("JDL"), a subsidiary of JD.com, Inc., in its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. JDL is the leading ... ( read original story ...)
Wanda Unit Draws 20 Investors in $3 Billion Pre-IPO Round
More than 20 investors have expressed interest in a funding round for Dalian Wanda Group Co.’s commercial property management unit, which could raise about 20 billion yuan ($3.1 billion), according to ... ( read original story ...)
Hong Kong will let top bankers bypass strict quarantine rules
Hong Kong is giving some top finance executives a pass on its strict quarantine rules in an attempt to protect business in the city from harsh coronavirus restrictions. ( read original story ...)
Skadden, Cleary on $3.2B Chinese Logistics IPO in Hong Kong
Skadden, Arps, Slate, Meagher & Flom and Cleary Gottlieb Steen & Hamilton have the lead roles on China-based JD Logistics Inc.’s $3.2 billion initial public offering on the Hong Kong Stock Exchange. ( read original story ...)
Top HK bank executives exempt from quarantine
Hong Kong is offering top bankers exemptions from strict virus quarantine measures, said the Securities and Futures Commission (SFC).Senior executives who are fully vaccinated can apply to be exempted ... ( read original story ...)