Tag: finance

Intensifying regulation cast a shadow over the upcoming Kuaishou IPO while Alibaba beat market expectations for its December quarter. ( read original story ...)

The Hong Kong government estimates it will earn HK$35 billion ($4.52 billion) in revenue in the current financial year from the 0.1% 'stamp duty' charged on stock transactions as a result of high ... ( read original story ...)

The Hong Kong stock market has climbed higher in two straight sessions, gathering almost 1,000 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 29,250-point plateau ... ( read original story ...)

Tencent’s TikTok-type Kuaishou video social network completed its initial public offering on the Hong Kong Stock Exchange. According to Bloomberg, the company sold nearly 365 million shares at a price ... ( read original story ...)

Hong Kong posted its worst-ever retail sales slump last year as the COVID-19 pandemic battered tourism and consumption in the Asian financial hub, and the government warns it could take some time to ... ( read original story ...)

ET Net News Agency, 2 February 2021] A pre-opening trade of 2.62 million shares of BOC HONG KONG (02388) was registered at 9:04a.m. The deal amounted to HK$60.97m, or at HK$23.244 per share. (rw) ... ( read original story ...)

Hong Kong stocks ended higher on Tuesday, underpinned by consumer and industrial firms, as mainland investors continued to pour money into the Asian financial hub. ** The Hang Seng index rose 1.2%, to ... ( read original story ...)

WRLDCTY Festival highlight city’s best practices during ongoing pandemic and also predict trends such as greater focus on sustainable finance ... ( read original story ...)

China and Hong Kong stocks climbed on Tuesday, helped by easing concerns about tight liquidity conditions and falling cases of new coronavirus infections. ** The CSI300 index rose 1.1% to 5,477.39 ... ( read original story ...)

The Hong Kong stock market on Monday wrote a finish to the four-day slide in which it had plummeted more than 1,850 points or 6.2 percent. The Hang Seng Index now rests just beneath the 28,900-point ... ( read original story ...)

China Strategic Holdings Ltd. said on Tuesday it has submitted an offer and is among the final bidders for the life insurance business of Hong Kong's Bank of East Asia (BEA). ( read original story ...)

HKMA fears use of the Exchange Fund to help combat economic crisis will hurt its ability to defend the peg, but it will work with banks to offer help to firms and individuals, CEO Eddie Yue says. ( read original story ...)

Institutional investors are buying Kuaishou Technology’s Hong Kong shares before its Friday debut at a premium to the listing price. ( read original story ...)

Mainland-based healthcare sector issuers SciClone Phamaceuticals (Holdings), New Horizon Health and Joinn Laboratories (China) kicked off pre-deal investor education for their Hong Kong IPOs on Monday ... ( read original story ...)