The Hong Kong Monetary Authority sold HK$1.55 billion ($200.01 million) of Hong Kong dollars on Tuesday, after the currency hit the strong side of its trading band. The Hong Kong dollar, pegged to the ... ( read original story ...)
SoFi CEO on FinTech’s role during crisis and acquiring Hong Kong trading service 8 Securities
Anthony Noto, SoFi CEO, joins "Squawk Box" to discuss FinTech's role in supporting small businesses during the crisis, the company's recently announced acquisition and more. ( read original story ...)
Under Cover of Coronavirus, Hong Kong Cracks Down on Protest Movement
The antigovernment demonstrations that shook the Chinese territory last year have eased since the coronavirus outbreak, but a spate of arrests and Beijing’s assertive rhetoric could revive them. ( read original story ...)
SoFi goes international with acquisition of Hong Kong-based investment app 8 Securities
Consumer financial services platform SoFi is making its first expansion outside of the United States with the acquisition of Hong Kong-based investing app 8 Securities. Targeted to personal investors, ... ( read original story ...)
Hong Kong crisis escalates as China moves to hasten demise of city’s autonomy
The constitutional crisis engulfing Hong Kong expanded dramatically on Tuesday as the Chinese government voiced its support for the seizure of more than a dozen pro-democracy activists and asserted ... ( read original story ...)
Chinese cancer drug firm Akesobio’s US$330 million IPO – Hong Kong’s largest this year – is oversubscribed 639 times by city’s investors
The Hong Kong tranche of cancer drugs developer Akesobio’s HK$2.58 billion (US$330 million) initial public offering has been oversubscribed 639 times, making it the most popular biotechnology listing ... ( read original story ...)
Megvii IPO: Blacklisted Chinese Company Files with Hong Kong
In the summer of 2019, a Megvii IPO was filed with the Hong Kong Exchange. Investors thought they could expect Megvii stock soon after. However, those expectations were not met. Megvii isn’t a public ... ( read original story ...)
Hong Kong Near Selling Local Dollars for First Time Since 2015
Hong Kong is on the verge of selling local dollars for the first time since 2015 after the city’s exchange rate rose to the strong end of its trading band against the greenback.The Hong Kong dollar ... ( read original story ...)
Hong Kong must maintain vigilance and cooperation to prevent virus spread, says health secretary
Sophia Chan, Hong Kong's Secretary for Food and Health, outlines the city's three-pronged strategy for containing the coronavirus outbreak and reiterates the need for continued vigilance in monitoring ... ( read original story ...)
Coronavirus live updates: Trump says he’s suspending immigration; Hong Kong to extend social restrictions
U.S. President Donald Trump said in a tweet on Monday night he plans to temporarily suspend immigration into the U.S. due to the coronavirus pandemic. ( read original story ...)
Asia Today: Hong Kong extends virus measures for 2 weeks
Hong Kong has announced a two-week extension of measures aimed at controlling the spread of the new coronavirus, including banning public gatherings of more than four people as well as keeping enterta ... ( read original story ...)
Lower Open Anticipated For Hong Kong Bourse
The Hong Kong stock market headed south again on Monday, one session after it had ended the two-day losing streak in which it had fallen almost 430 points or 1.8 percent. The Hang Seng Index now sits ... ( read original story ...)
What Is Sinotruk (Hong Kong)’s (HKG:3808) P/E Ratio After Its Share Price Rocketed?
Sinotruk (Hong Kong) (HKG:3808) shares have had a really impressive month, gaining 32%, after some slippage. But shareholders may not all be feeling jubilant, since the share price is still down 15% ... ( read original story ...)
Hong Kong Extends Social Distancing Measures
Hong Kong is extending social distancing restrictions for another 14 days as a precautionary measure, even as the financial hub sees a drop off in daily new Covid-19 infections. ( read original story ...)