The Hong Kong stock market has finished lower in back-to-back sessions, retreating more than 370 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 26,300-point plateau ... ( read original story ...)
Jack Ma reportedly tried and failed to schmooze China with an offer to give ‘any of the platforms Ant has’ to the government before officials pulled its $37 billion IPO
Chinese billionaire Jack Ma's reported offer came after he publicly scorned the government and before China pulled Ant's groundbreaking IPO. ( read original story ...)
Kuke Music hopes to be third-time lucky with its New York initial public offering after two attempts failed in Hong Kong
Kuke Music’s offshore listing is back on track in New York, after previous attempts to list in Hong Kong fail. ( read original story ...)
{Hot Stocks}HSBC HOLDINGS quoted at HK$39.85, down 3.16%
[ET Net News Agency, 21 December 2020] HSBC HOLDINGS (00005) fell 3.16% to HK$39.85. It hits an intra-day low of HK$39.8, and an intra-day high of HK$40.6. The active selling orders account for 72% of ... ( read original story ...)
Hong Kong stocks slip after US expands China blacklist and concerns over Covid-19 crisis
Hong Kong stocks post early losses as China promises countermeasures against the US decision to add more Chinese companies to its trade blacklist, including chip maker SMIC and drone maker SZ DJI ... ( read original story ...)
Hong Kong stocks slip on worsening US-China ties as blacklist grows, concerns over Covid-19 fallout
Hong Kong stocks post early losses as China promises countermeasures against the US decision to add more Chinese companies to its trade blacklist, including chip maker SMIC and drone maker SZ DJI ... ( read original story ...)
Hang Seng Index reshuffle underscores China influence in Hong Kong
A change of lineup in Hong Kong's benchmark stock index on Monday underscores China's increasing clout in the regional financial hub and will give global investors even bigger exposure to the world's ... ( read original story ...)
Hong Kong church that helped protesters sees bank accounts frozen, allegedly in relation to crowdfunding campaign
At least three HSBC accounts affiliated with a Hong Kong Christian church have been frozen, a move the organisation called an "act of political retaliation" for its support for protesters during last ... ( read original story ...)
Hong Kong Stock Market May Spin Its Wheels On Monday
(RTTNews) - The Hong Kong stock market on Friday snapped the two-day winning streak in which it had climbed more than 470 points or 1.8 percent. The Hang Seng Index now sits just beneath the ... ( read original story ...)
China’s central bank to issue 10 billion yuan of bills in Hong Kong
China's central bank plans to issue 10 billion yuan (US$1.53 billion) worth of bills in Hong Kong on Wednesday (Dec 23). ( read original story ...)
Hong Kong art and collectibles platform Oriental Culture hopes Nasdaq IPO will burnish its image, give sector credibility
The government should grow Hong Kong as a hub for Chinese artefacts such as vintage stamps and Kweichow Moutai spirits, CEO of art and collectibles platform Oriental Culture says. ( read original story ...)
Hong Kong finance chief issues budget warning, says unemployment could rise if Covid-19 fourth wave not under control
Financial Secretary warns of possible rise in unemployment if fourth wave of coronavirus is not brought under control. ( read original story ...)
An epic year of market events shook China, Hong Kong and Taiwan
China, Hong Kong and Taiwan’s economies were among the first to suffer from the virus pandemic. They were also home to some of the most dramatic events in global financial markets this year. ( read original story ...)
The Changing Status of Hong Kong as a Global Financial Center
In this op-ed, Mark Preen discusses why Hong Kong is attractive when compared to alternative financial centers, due to its access to the Chinese market. ( read original story ...)