Tag: finance

Park A Twosome Place, a coffeehouse chain headquartered in Korea aiming to go public, sent out a request for proposal (RFP) for its initial public offering (IPO) recent ... ( read original story ...)

There’s rarely been a better time to be apartment hunting in Hong Kong than right now. Rents in one of the world’s most expensive real estate markets dropped to HK$33.60 ($4.33) per square foot in the ... ( read original story ...)

Superintendent Lung Siu-chuen, 55, is accused of obtaining HK$6 million in housing loans by falsely claiming the property was intended for personal use. ( read original story ...)

Hong Kong shares inched up on Wednesday as the energy sector rose on higher oil prices due to a steep drop in U.S. crude stocks, while bargain hunting boosted financial firms ahead of the reopening of ... ( read original story ...)

Global liquidity has been underpinned by loose monetary policy, ultralow interest rates and fiscal stimulus plans unveiled by governments. ( read original story ...)

Amidst rapid digitalisation, JD.com expects China’s integrated logistics services to grow from 2.02 trillion to 3.2 trillion yuan by 2025. ( read original story ...)

* Hang Seng index ends up 0.7% * China Enterprises index HSCE gains 0.49% * HSI financial sub-index climbs 0.78% * Property sector up 0.5% HONG KONG, May 4 (Reuters) - Hong Kong shares settled ... ( read original story ...)

Online-only banks in Hong Kong backed by China's ZhongAn Online P&C Insurance and Britain's Standard Chartered moved ahead of newly launched rivals as they garnered 70% of deposits last year, the ... ( read original story ...)

Hong Kong’s Formation Fi, a startup that simplifies decentralized finance (DeFi) portfolio construction to help users better manage risk, said it closed US$3.3 million in a strategic sale round. The ... ( read original story ...)

The Hong Kong stock market has moved lower in consecutive trading days, plummeting nearly 950 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 28,350-point plateau and ... ( read original story ...)

JD Logistics has kicked off pre-deal investor education for its multi-billion-dollar Hong Kong listing, having won approval from the city’s bourse on Friday. ( read original story ...)

Asia trades generally lower amid extended holidays in China and Japan; Hang Seng extends drop, CN equity FUTs decline over 1%; USD index rebounds. General tren ... ( read original story ...)

* Hang Seng index ends down 1.28% * China Enterprises index HSCE falls 1.04% * HSI financial sub-index is down 2%; property sector slips 0.6% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell ... ( read original story ...)

Hong Kong is finally turning the corner, with the economy expected to expand for the first time since 2019 as it slowly recovers from the pandemic and social unrest before that. First-quarter gross ... ( read original story ...)