Hong Kong Exchanges and Clearing Ltd. is estimated to post a record profit for the second straight quarter, buoyed by an initial public offering and trading boom.
Hong Kong Exchange posts record profit on IPO, trading surge
The bourse’s second-quarter profit rose 41% to HK$4.44 billion ($731.1 million), according to a statement Wednesday. Core revenue rose to HK$6.64 billion.
HSBC Executes Strategic Share Buy-Back to Optimize Capital Structure
HSBC Holdings ( ($GB:HSBA) ) just unveiled an update. HSBC Holdings plc has announced the repurchase of a significant number of its ordinary ...
Hong Kong Exchange Operator Posts Record Quarterly Earnings
Hong Kong Exchanges & Clearing reported record profit and revenue for the second quarter as trading and listing activity in the Asian financial hub continued to gain momentum.
Hong Kong lender Dah Sing says first-half credit charges surge 34%
HONG KONG (Reuters) -Hong Kong-headquartered lender Dah Sing Banking Group said its credit impairment in the first half of this year increased 34% year-on-year, as the weakening commercial property ...
Shein reportedly weighs moving back to China in a bid for Hong Kong IPO approval
Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.
China’s iQIYI hires banks for up to $300 million second listing in Hong Kong, sources say
By Kane Wu and Julie Zhu HONG KONG (Reuters) -Chinese video streaming platform iQIYI has hired Bank of America, CICC and JPMorgan to work on a second listing in Hong Kong, which could raise between ...
Hong Kong Ferry Holdings Reports Strong Interim Financial Results
The latest announcement is out from Hong Kong Ferry Holdings Co. Ltd. ( ($HK:0050) ). Hong Kong Ferry Holdings Co. Ltd. reported its unaudited ...
Hong Kong summons British envoy after UK grants asylum to ‘wanted’ democracy activist Tony Chung
Britain granted asylum this weekend to Tony Chung, one of Hong Kong's youngest activists with a bounty of HK$1m (£94,900m) from the city’s police, while former legislator Ted Hui was granted refuge in ...
World’s 8th Largest Bank CMB Launches 24/7 Bitcoin and Crypto Trading in Hong Kong
World's 8th largest bank CMB launches 24/7 crypto trading in Hong Kong becoming first of its kind to offer compliant crypto transactions.
Shein reportedly weighs move back to China in a bid for Hong Kong IPO approval
Shein is reportedly considering moving its headquarters back to China in a bid to facilitate its Hong Kong initial public offering plans.
Apple supplier Luxshare joins mainland tech firms in filing for Hong Kong IPO application
Hong Kong is the world’s top IPO venue, with 53 firms raising US$16.2 billion in the year’s first seven months.
Singapore-based Shein weighs China relocation to ease path for Hong Kong IPO: Report
Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities' approval for its planned Hong Kong IPO, Bloomberg News reported on ...
Shein said to weigh moving back to China to facilitate Hong Kong IPO
Online fast-fashion retailer Shein Group has reportedly considered moving its base back to China in the hopes that it would help sway Beijing authorities to sign off on the company's plans to go ...