Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in ... ( read original story ...)
MPs to question HSBC chief over freezing Hong Kong pro-democracy accounts
Foreign affairs committee move to call Noel Quinn comes days after pro-democracy politician Ted Hui urged MPs to investigate the bank ... ( read original story ...)
China’s Kuaishou and RLX raise IPO targets amid strong demand
Chinese companies seeking billions of dollars from initial public offerings in New York and Hong Kong are raising their fundraising targets amid uncertainty about whether U.S. President Joe Biden will ... ( read original story ...)
Short Video Giant Kuaishou Poised to Raise $5 Billion in IPO
Kuaishou, the mainland Chinese firm that operates the world’s second most watched short video app, has received approval for its planned public share offering. It is expected to raise $5 billion ... ( read original story ...)
Hong Kong money rates drop to multi-year lows on capital inflows
Heavy foreign flows into Hong Kong's stock market drove borrowing costs to multi-year lows this week, prompting investors to suspect there won't be any need for the customary official liquidity ... ( read original story ...)
Stock Bubble Worries Push Chinese Investors From Home to Hong Kong
SHANGHAI (Reuters) - As China's blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country's stock market are prodding some investors to seek ... ( read original story ...)
Hong Kong stocks fall as China’s composite index slips when global rally pauses
Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since Nov. 30, as investors locked in gains following recent strength and China's composite stock index slipped amid a ... ( read original story ...)
China, Hong Kong stocks slip on profit-taking after recent rally
Shanghai Connect daily quota used -2.9%, Shanghai->HK daily quota used 5.1% * FTSE China A50 -0.5% HONG KONG, Jan 22 (Reuters) - China stocks slipped on Friday, tracking weakness in other Asian ... ( read original story ...)
Hong Kong Lockdown; Biden Unveils National Plan: Virus Update
Hong Kong time will lock down tens of thousands of residents in Kowloon’s core urban district amid a surge in cases, according to a local news report. Malaysia extended restrictions and Singapore is ... ( read original story ...)
Chinese Vaping Firm RLX Prices U.S. IPO Above Marketed Range
Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be ... ( read original story ...)
Hong Kong poised to require two-week quarantine for flight crew: SCMP
Hong Kong is set to require flight crew entering the Asian financial hub for more than two hours to quarantine in a hotel for two weeks, the South China Morning Post reported on Thursday, citing ... ( read original story ...)
Op-ed: A new global arms race in digital finance is heating up
The world's biggest financial institutions and central banks are getting serious about a monetary system leveraging cryptocurrencies and the blockchain. ( read original story ...)
Tencent-backed video sharing app Kuaishou kicks off Hong Kong IPO targeting US$5 billion
Kuaishou will raise the curtain for other China’s short video-sharing platforms to raise funds via IPO in Hong Kong. ( read original story ...)
Breakingviews – Chinese monopoly rules threaten super-app model
The future of China’s financial super-apps has been thrown into question. The central bank is defining unhealthy dominance in specific market-share terms, while emphasising the separation of digital ... ( read original story ...)