Tag: finance

Retail investors placed bids for a record $3 trillion (2.3 trillion pounds) of shares in Ant Group Co Ltd's initial public offering (IPO), set to be the world's biggest, as mom-and-pop savers bet on ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong’s long recession showed signs ... then the economy can really begin to recover,” said Samuel Tse, an economist at DBS Bank. The global financial hub’s economy had ... ( read original story ...)

BOC Hong Kong (Holdings) Ltd. said operating profit before impairments fell 3.9% in the first three quarters as the Covid-19 pandemic cut into business activity. Operating profit before impairments ... ( read original story ...)

The biggest initial public offering of all time has unleashed an investor frenzy for the record books.Individual investors in Hong Kong and Shanghai placed orders worth at least $3 trillion for shares ... ( read original story ...)

Hong Kong is still China’s financial gateway to the world. What happens if the West pulls back? Ever since the enactment of the Hong Kong National Security Law, the city has changed beyond recognition ... ( read original story ...)

HK secessionist Tony Chung denied bail, charged with secession. Global Times. Source: Global Times Published: 2020/10/29 17:29:06. The former leader of Hong Kong pro-secession gro ... ( read original story ...)

The narrow, 50-stock Hang Seng Index has a 44% weight to financials, which were off -0.93%. Today was a massive day for earnings in Hong Kong as Yum China Hong Kong gained +3% after reporting Q3 ... ( read original story ...)

Chen Wu frantically clicked the order button on his online brokerage account as the clock struck noon.Like thousands of individual investors in Hong Kong and across China, the 35-year-old software ... ( read original story ...)

Ma has warned new "digital currencies," such as bitcoin and China's digital yuan, could be used to establish a new type of banking and financial system—and called for an overhaul of U.S.-led banking ... ( read original story ...)

I was lucky.” Ant may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books. Brokers in Hong Kong ... ( read original story ...)

“Hong Kong, as an international financial hub, still has a key role to play in helping Beijing reshape world order through the Belt and Road Initiative ,” he said, referring to the strategy of linking ... ( read original story ...)

Hong Kong stocks fell to a one-week low, joining a sharp global equity sell-off prompted by concerns over rising coronavirus infections and the US election outcome. China stocks defied the gloom with ... ( read original story ...)

Hong Kong has continued to see inflow of funds and in the last five months took in over USD17 billion from the market. ( read original story ...)

Ma has warned new "digital currencies," such as bitcoin and China's digital yuan, could be used to establish a new type of banking and financial system—and called for an overhaul of U.S.-led banking ... ( read original story ...)