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Posted on 30/09/2023

Spate Of Hong Kong IPOs Provides Glimmer Of Hope For Chinese Investors Amid Week-Long Sell-off

Still, the robust demand for Hong Kong equities that are being listed by the exchange ... provides car maintenance services and plans to ramp up its business on the back of China’s fledgling EV market ...

Posted on 29/09/2023

Reynold Lemkins Shines at “American Davos” with Ambition to Support HK IPO by Long-term Investment

As a partner of the Milken Institute, The Reynold Lemkins Group (" Reynold Lemkins " or the "Group") was invited to attend the high-level summit as well as co-hosted one of the parallel forums ...

Posted on 29/09/2023

HSBC executive who criticised Britain’s stance on China leaves the bank

The comments sparked a backlash from peers and MPs and marked a further setback in already fraught relations between HSBC and the Government. Lord Alton, vice chairman of the all-party parliamentary ...

Posted on 29/09/2023

Hong Kong Retail Sales Rise in August as Mainland China Tourists Return

Hong Kong’s retail sales rose in August as mainland Chinese tourists returned to the city, providing an encouraging lift for an economy that’s been trying to revive its image as a shopping hub.

Posted on 29/09/2023

HSBC executive to leave after criticising UK’s stance on China

HSBC’s head of public affairs is stepping down, weeks after making a public apology for saying the UK government had been “weak” by curtailing its dealings with China because of pressure from the US.

Posted on 29/09/2023

HSBC executive to exit after deploring UK’s stance on China, Bloomberg reports

HSBC Holdings Plc's head of public affairs Sherard Cowper-Coles will step down after making controversial remarks about the British government's handling of its relationship with China, Bloomberg News ...

Posted on 29/09/2023

Exclusive: HSBC to acquire Citigroup China consumer wealth business

HONG KONG, Sept 28 (Reuters) - HSBC (HSBA.L) is set to acquire Citigroup's (C.N) China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of ...

Posted on 29/09/2023

HSBC HOLDINGS (00005.HK) Announces US$1B Funding for Climate Tech Startups

HSBC HOLDINGS (00005.HK) has announced a US$1 billion (HK$7.8 billion) funding round to support startups that are developing technologies that help reduce carbon emissions.Accordin... HSBC HOLDINGS ...

Posted on 29/09/2023

HSBC Buys back Over 4.85M Shrs for $296M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.8514 million shares of the company at HKD296 million yesterday (20th) in the UK and HK markets.Among which, 2.67... HSBC HOLDINGS ...

Posted on 29/09/2023

Hong Kong and Macao police arrest 4 more people linked to JPEX cryptocurrency platform

HONG KONG — Police in Hong Kong and Macao said Friday they arrested four more people linked to the cryptocurrency platform JPEX, which is suspected to have defrauded more than 2,400 people of almost ...

Posted on 29/09/2023

China’s Huawei sets up commodities hedging team in Singapore, Hong Kong

Huawei Technologies (HWT.UL) is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company's job posts on professional social network LinkedIn.

Posted on 29/09/2023

Hillhouse-Backed Logistics Company Lalatech Files for Hong Kong IPO

By Jiahui Huang Lalatech, backed by private-equity firms Hillhouse Capital and Sequoia Capital, has filed an application for an initial public offering ...

Posted on 29/09/2023

Hong Kong’s Hang Sang rebounds in Asian markets, US PCE eyed

Asian equities rebound from 10-month lows amid the thin volume due to the holidays in China and South Korea. Headline Tokyo Consumer Price Index (CPI) for September eased to 2.8 YoY vs. 2.9% prior.

Posted on 29/09/2023

Hong Kong’s Mox unveils unlimited cashback rewards, new wealth platform

The virtual-only bank is also gearing up to launch a new app interface. Hong Kong virtual bank Mox is celebrating its 3rd anniversary with Unlimited CashBack rewards for Mox Credit customers. From 26 ...

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