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Tag: finance

Posted on 27/04/2020

Hang Seng Index, China stock markets gain on coronavirus progress

It's going to be a short trading week for Hong Kong -- only three days. And the mainland will be closed on Friday as well. The Stock Connect is closed on Thursday and Friday. Your bloggers will be ... ( read original story ...)

Posted on 27/04/2020

Asian markets gain after Japan central bank boosts aid

BEIJING — Asian stock markets gained Monday after Japan’s central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support the struggling global ... ( read original story ...)

Posted on 27/04/2020

China’s Bank Bailouts Are Even Scarier Than They Look

Acknowledging the growing balance sheet problems among small and medium lenders, China’s banking and insurance regulator says it’s working on a reform plan and will become more vigilant about ... ( read original story ...)

Posted on 27/04/2020

Japanese stocks jump as Bank of Japan enhances monetary policy easing; oil prices drop

The Bank of Japan of Monday announced on Monday an enhancement of its monetary policy easing measures to combat the hit on Japan's economy as a result of the coronavirus pandemic. ( read original story ...)

Posted on 26/04/2020

Week In Review: Akeso Stages $335 Million HK IPO For Mono-/Bi-Specific Antibodies

AkesoBio staged a $335 million Hong Kong IPO and climbed 50% higher in its first trading session. CStone Pharma announced that China's NMPA has accepted its NDA ... ( read original story ...)

Posted on 26/04/2020

Hong Kong police break up pro-democracy singing protest at mall

Hong Kong riot police armed with shields dispersed a crowd of 300 pro-democracy activists holding a singing protest in an upmarket shopping mall on Sunday, despite a ban on public gatherings of more ... ( read original story ...)

Posted on 26/04/2020

Bitcoin Miner Maker Ebang Files for a $100M US IPO

Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S. ( read original story ...)

Posted on 25/04/2020

HSBC to push on with overhaul ‘wherever possible’ despite crisis

HSBC will press ahead with plans to shift capital from underperforming businesses, cut costs and strip out layers of management, despite problems caused by the coronavirus pandemic. Chief Executive No ... ( read original story ...)

Posted on 25/04/2020

Hong Kong Police Reject Labor Group’s Request for May 1 March

Hong Kong police rejected an application by a pro-democracy labor group to hold a march on May 1, citing concerns about public health and security risks, the government said in a statement on Friday. ( read original story ...)

Posted on 25/04/2020

Hong Kong bookstore under attack in China reopens in Taiwan

TAIPEI, Taiwan (AP) — The part-owner of a Hong Kong bookstore specializing in texts critical of China’s leaders reopened his shop in Taiwan on Saturday after fleeing Hong Kong due to ... ( read original story ...)

Posted on 25/04/2020

Taiwan shows solidarity as bookseller who fled Hong Kong opens shop

Taiwan's ruling party on Saturday showed support for a Hong Kong bookseller who fled to the democratic island amid fears of Chinese persecution, with President Tsai Ing-wen offering congratulations as ... ( read original story ...)

Posted on 25/04/2020

Bank of China ‘deeply disturbed’ about investors’ loss on oil products

Bank of China (BoC) said on Friday it was deeply disturbed by the losses of investors who had invested in its crude oil futures trading product and would work to protect their interests. ( read original story ...)

Posted on 25/04/2020

IPO Preview | Kingsoft Cloud Seeks U.S. Investment In IPO

Kingsoft is a spinoff from Hong Kong-listed Kingsoft Corporation (HK ... Kingsoft intends to raise $100 million in gross proceeds from an IPO of its ADSs representing ordinary shares, although the ... ( read original story ...)

Posted on 24/04/2020

Asian indices week-in-review: Hang Seng, Nikkei 225, Straits Times Index

Hong Kong equity benchmark Hang Seng Index was able to rebound on Friday 24 April 2020 ... So, if news breaks about the ongoing coronavirus pandemic – or central bank measures to ease the strain on ... ( read original story ...)

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