The Hang Seng Tech Index, which tracks the 30 top technology companies listed in Hong Kong, also slid 0.6 per cent ... Some 968 companies, including China Construction Bank, are due to release their ... ( read original story ...)
Hong Kong Stock Market Looking At Another Red Light For Thursday
The Hang Seng Index now rests just beneath ... Xiaomi Corporation jumped 1.42 percent, Hong Kong & China Gas declined 1.41 percent, CNOOC surrendered 1.36 percent, Industrial and Commercial Bank of ... ( read original story ...)
HKMA sells HK$3.18 bln in NY hours, currency hits strong end of trading range
The Hong Kong Monetary Authority sold HK$3.178 billion ($410.06 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)
Singapore’s Biggest Bank DBS To Launch Cryptocurrency Trading And Custody
DBS, Singapore’s largest retail and commercial bank, is planning to launch a cryptocurrency exchange after it gets all the required regulatory approvals. ( read original story ...)
Hong Kong stocks extend drop from an eight-week high as traders weigh earnings outlook, pandemic costs
The Hang Seng Index fell ... the US dollar after the People’s Bank of China dropped a key input used to set the currency’s daily reference rate. Ping An Insurance fell by at least 2 per cent in both ... ( read original story ...)
Hong Kong has a huge role to play in supporting China’s fintech juggernaut, financial secretary Paul Chan says
Hong Kong, as the gateway to China and a rising regional fintech power, has much to offer and is poised to reap the rewards, says Paul Chan. ( read original story ...)
HKMA sells HK$6.38 bln in NY hours, currency hits strong end of band
The Hong Kong Monetary Authority sold HK$6.378 billion ($822.97 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)
How retail investors can increase their chances of getting a piece of Ant Group’s blockbuster IPO in Hong Kong
It’s the world’s biggest initial public offering (IPO), and retail investors are itching to get a slice of the action. But what is the best way to win a share of the Hong Kong-leg of are divided: ... ( read original story ...)
Here’s why Ant Group is about to shatter IPO records
Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital wallet Alipay –- ... ( read original story ...)
Jack Ma’s Ant Plans Early Book Close for Hong Kong IPO
Jack Ma’s Ant Group Co. is planning to stop taking investor orders for the Hong Kong leg of its initial public offering a day earlier than scheduled as the record stock sale has already been heavily ... ( read original story ...)
Boc Hong Kong (BHKLY) versus Its Competitors Head to Head Comparison
Boc Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Boc Hong ... ( read original story ...)
HSBC’s Hong Kong shares jump nearly 5% after third-quarter earnings beat estimates
HSBC's Chief Financial Officer Ewen Stevenson told CNBC the latest set of result suggests a bottoming of the credit cycle and the bank is "putting in place all of the building blocks we need to resume ... ( read original story ...)
HSBC plans to speed up restructuring as profits drop 36%
Hong Kong (CNN Business)HSBC is speeding up its mammoth restructuring plan as the bank continues to grapple with ongoing headaches, from ultra-low interest rates and geopolitical tensions to the ... ( read original story ...)
Critical Review: Boc Hong Kong (BHKLY) & The Competition
Boc Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Boc ... ( read original story ...)