The dismal picture of shrinking earnings and rising debt among retail banks draws a stark contrast with Hong Kong’s booming stock market and the bull run in the property market, underscoring how the ... ( read original story ...)
Hong Kong banking regulator says business as usual, no fund outflows
Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top ... ( read original story ...)
Kuaishou’s Mega IPO by the Numbers, the Largest Listing Since Uber
Kuaishou Technology’s Hong Kong initial public offering is set to give the Chinese social video app maker its moment in the sun, even if its victory over rival ByteDance Ltd. ultimately proves to be ... ( read original story ...)
Hong Kong regulator says not seeing fund outflows over new security law
Hong Kong is not seeing fund outflows due to the uncertainty created by Beijing's imposition of the national security law in the Asian financial hub, a top executive at the city's banking sector ... ( read original story ...)
{I-bank focus}HSBC lifts China Gas (00384) to HK$36
ET Net News Agency, 4 February 2021] HSBC Global Research lifted its target price for China Gas Holdings (00384) to HK$36 from HK$35 and maintained its "buy" rating, given the growth trajectory of ... ( read original story ...)
Breakingviews – It’s time HSBC’s big bosses followed the money
Bankers know it pays to follow the money. Accordingly, HSBC could soon move some of its senior brass to Asia. There are good reasons for financial services giants to avoid putting global chiefs in ... ( read original story ...)
China stocks fall on fresh liquidity concerns, Hong Kong dragged by tech shares
China stocks fell on Thursday, dragged lower by fresh investor worries over signs of liquidity tension ahead of the upcoming Lunar New Year holiday, while Hong Kong was pulled by losses in tech shares ... ( read original story ...)
Hong Kong Bourse May Run Out Of Steam On Thursday
The Hong Kong stock market has finished higher in three straight sessions, gathering almost 1,050 points or 3.7 percent along the way. The Hang Seng Index now rests just above the 29,300-point plateau ... ( read original story ...)
HSBC mulls moving top executives to Hong Kong or Singapore to strengthen Asia push
HSBC Holdings is considering relocating a handful of senior executives from London to Hong Kong or Singapore as Europe's largest lender bets its future on Asia.. Read more at straitstimes.com. ( read original story ...)
Chinese IPOs underpriced by up to $200bn due to valuation limits
Initial public offerings in China have undervalued companies by up to $200bn over the past six years, academic research indicates, reflecting a struggle to price listings in the world’s second-biggest ... ( read original story ...)
Nearly HK$17 million raised in 2020 edition of Operation Santa Claus, overcoming hurdles created by coronavirus pandemic
The fundraising drive, co-organised by South China Morning Post and RTHK, raised HK$16.7 million in 2020, topping the previous year’s HK$16.1 million. ( read original story ...)
The new monster tech IPO is a video app giving voice to China’s “silent majority”
Kuaishou's successful strategy of billing itself as a platform for ordinary users is going to make its founders extraordinarily rich. ( read original story ...)
Hong Kong stocks drop as regulatory risks hurt Alibaba and WuXi Biologics plans new stock placement at discount
Hong Kong stocks snap a two-day advance as Alibaba weighs on the Hang Seng Index while WuXi Biologics’ stock placement at a discount unsettles traders. China’s economic recovery lost momentum in ... ( read original story ...)
Hong Kong should tell banks to ignore US sanctions or leave, says pro-Beijing lawmaker
An outspoken, pro-Beijing Hong Kong lawmaker said on Wednesday that the financial hub's banking regulator should require banks operating in the city to either ignore U.S. sanctions or leave the ... ( read original story ...)