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 ...)
Secondary listings in Hong Kong this year already top 2020 total on ample global liquidity
Global liquidity has been underpinned by loose monetary policy, ultralow interest rates and fiscal stimulus plans unveiled by governments. ( read original story ...)
JD Logistics IPO in Hong Kong moves back on track
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 ...)
Energy leads Hong Kong stocks higher on pandemic recovery signs
* 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 ...)
ZhongAn, StanChart-Backed Lenders Take Early Lead in HK Digital Bank Race
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 decentralized finance startup banks $3.3m in strategic sale round
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 ...)
Bargain Hunting May Boost Hong Kong Shares
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 pre-markets jumbo Hong Kong IPO
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 ...)
Hang Seng extends drop, CN equity FUTs decline over 1%
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 ...)
Hong Kong stocks end over 1% lower as financials, Mengniu weigh
* 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’s Economy Set to Bounce Back After Long Decline
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 ...)
Sarasin buys Bank of Montreal’s HK, Singapore private banking arms
Safra Sarasin Group has acquired Bank of Montreal's BMO.TO private banking business in Hong Kong and Singapore, the Swiss group said on Monday, giving no financial terms for the deal announced in ... ( read original story ...)
Hong Kong stocks drop near 2% as financials weigh
China Enterprises index HSCE drops 1.28% * HSI financial sub-index sinks 2.1%; property sector down 1% HONG KONG, May 3 (Reuters) - Hong Kong stocks fell on Monday, with financials leading the slide, ... ( read original story ...)
Is Tiger-cub Bill Hwang’s mauling an omen of a financial crisis for Hong Kong?
The Wall Street mauling of former Tiger Bill Hwang and his leveraged Chinese investments has called US regulators’ attention to a Lehman-shaped iceberg, writes Neil Newman. ( read original story ...)