The Hang Seng index had a difficult first quarter as the world reacted to the invasion of Ukraine, Hong Kong’s lockdowns, and hawkish central banks. The HSI index initially dropped to a low of ... ( read original story ...)
Hong Kong Trading Halts Freeze $15 Billion After Earnings Delays
Trading in 33 Hong Kong-listed stocks was halted on Friday after a number of firms missed a deadline to report annual results in a move that’s expected to affect some $15 billion worth of shares.Most ... ( read original story ...)
Dozens of Hong Kong Firms Halted After Missing Earnings Deadline
Trading in 33 Hong Kong-listed stocks was halted on Friday after a number of firms missed a deadline to report annual results, adding another layer of uncertainty to a market that’s trying to recover ... ( read original story ...)
Biotech in Hong Kong
Excellent research facilities, world-class scientists and a strong intellectual property regime have helped Hong Kong to be a powerhouse of healthcare and pharmaceutical innovation. ( read original story ...)
SocGen traders making temporary move from Hong Kong to Singapore
Societe Generale is temporarily relocating at least a dozen traders from Hong Kong to Singapore as the Chinese territory's stringent Covid strategy spurs Wall Street and European firms to move some ... ( read original story ...)
Trading in Over 30 Hong Kong-Listed Firms Halted on Results Delay
HONG KONG (Reuters) - The Hong Kong stock exchange suspended from trade on Friday the shares of Chinese developers such as Sunac China, Shimao Group and Kaisa Group, and about 30 other firms for a ... ( read original story ...)
At Least 33 Hong Kong Firms Halted After Earnings Deadline
Trading in at least 33 Hong Kong-listed stocks was halted on Friday after a number of firms missed a deadline to report annual results, adding uncertainty to a market grappling with a bleak economic ... ( read original story ...)
Hong Kong’s dry spell of IPOs slashes first-quarter fundraising by 90 per cent, pulls city’s global ranking down to sixth place
Funds raised from new share listings in Hong Kong sank 90 per cent in the first quarter, pushing the city to sixth place in the global rankings for IPOs, but some analysts expect a rebound later this ... ( read original story ...)
Biden family business dealings are out of a ‘spy novel’: China expert
Dr. Michael Pillsbury explained to “Jesse Watters Primetime” on Thursday how, if indicted, the evidence against Hunter Biden could be enough to potentially leave President Biden at risk. ( read original story ...)
Hong Kong govt ‘strongly opposes’ UK, US report on city’s diminishing freedoms
Hong Kong's government said on Friday it rejected "unfounded and ridiculous" allegations made in policy reports from Britain and the United States of a deteriorating political and legal situation due ... ( read original story ...)
Hong Kong’s property tycoons braced for further losses from zero-Covid regime
Family-run developers forecast to face sharp fall in house prices after experiencing steep drops in revenue last year ... ( read original story ...)
State Department Warns of Continued Erosion of Freedoms in Hong Kong
Political freedoms and the rule of law have continued to deteriorate in Hong Kong over the past year, threatening U.S. interests and Hong Kong’s autonomy, a State Department report said. ( read original story ...)
Recbio raises HK$765M in Hong Kong IPO, shares rise 1.8% on first trading day
Jiangsu Recbio Technology Co. Ltd. raised HK$765 million ($97.7 million) in a Hong Kong stock exchange IPO on March 31. Shares of the vaccine maker (HKEX: 2179) opened at HK$25 per share and rose 1.8% ... ( read original story ...)
HSBC’s New Insurance Chief Eyes ‘Crucial’ New China Expansion
Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a busy quarter, closing the group’s first acquisition in a decade, building out the ... ( read original story ...)