JD Health shares rallied throughout the day, hitting an intra-day high of 123.3 Hong Kong dollars — or as high as 75% from the offer price. ( read original story ...)
China Market Update: JD Health’s IPO Has “The Right Stuff” To Fly, Hong Kong Value “Bought The Farm” And Underperformed
Asian equities were mostly off on plunging/light volumes. Taiwan outperformed while Korea took a hit after yesterday’s strong performance. The Hang Seng was off by -0.76% on US-China political ... ( read original story ...)
Hong Kong bank account freezes rekindle asset safety fears
Hong Kong police moves to freeze the accounts of several people linked to pro-democracy protests is prompting some residents to shift part of their savings overseas, bankers and lawyers said. Banks ... ( read original story ...)
HSBC Accounts Of Hong Kong Pro-democracy Church Frozen: Pastor
At least three HSBC accounts related to a Hong Kong church that helped pro-democracy protesters during last year's unrest have been frozen, its pastor said Tuesday, the British bank's second ... ( read original story ...)
JD Health’s IPO is the Best by a Mega Hong Kong Debut
JD Health International Inc.’s $3.5 billion float already made it Hong Kong’s largest initial public offering of the year. Now, the company is set to add another notch on its belt: having the ... ( read original story ...)
China, Hong Kong stocks ease as Sino-U.S. tensions weigh
China and Hong Kong shares extended declines on Tuesday, dragged down by financial and transport firms, as Sino-U.S. tensions continued to weigh on the market. HK->Shanghai Connect daily quota used 5. ( read original story ...)
HSBC Again Snagged in Hong Kong Turmoil as Lam Defends Banks
Hong Kong Chief Executive Carrie Lam came out in defense of the city’s financial system after HSBC Holdings Plc was criticized for freezing the accounts of a former pro-democracy lawmaker and a local ... ( read original story ...)
How Beijing Is Threatening Hong Kong’s Status as Global Financial Center
China’s recent Hong Kong security legislation could be the beginning of the end for Hong Kong as one of the world’s leading financial and trading centers. ( read original story ...)
JD Health shares soar nearly 50per cent in Hong Kong trading debut
JD Health International Inc shares rose as much as 46.5per cent above the issue price in their Hong Kong trading debut on Tuesday, following an ... ( read original story ...)
Hong Kong to ban dining in restaurants from 1000 GMT to curb coronavirus
Hong Kong leader Carrie Lam said on Tuesday the city will ban dining in restaurants after 6 p.m. (1000 GMT) to curb a rise in coronavirus cases in the densely packed financial hub. ( read original story ...)
Hong Kong’s Top Chinese Stocks Drop on Sanction Risk Concerns
Hong Kong stocks dropped, with investors selling some of the quarter’s top performers on concern more firms may be kicked out of global equity benchmarks and that Chinese banks may be targeted as ... ( read original story ...)
Hong Kong: boiling frog syndrome
You may have heard of the boiling frog effect. It goes a little something like this. Place a frog into a pan of boiling water, as the French might do, and it’ll leap straight out. Yet put a frog into ... ( read original story ...)
Hong Kong Tipped To Open In The Red On Tuesday
The Hong Kong stock market on Monday snapped the two-day winning streak in which it had gathered more than 300 points or 1.2 percent along the way. The Hang Seng Index now sits just above the ... ( read original story ...)
Hong Kong Orders Restaurants to Close Early for Dine-In Service
Hong Kong will cut off dining in at restaurants from 6 p.m. local time, Chief Executive Carrie Lam said, as the government steps up measures to counter a new wave of the coronavirus. ( read original story ...)