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Posted on 24/04/2023

UPDATE 1-China’s Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns

Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the ...

Posted on 24/04/2023

China’s Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns

Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit's Hong Kong listing and its impact on the ...

Posted on 24/04/2023

Why China’s luxury market is stronger than ever after Covid-19 pandemic

China's luxury sector shrank last year amid citywide lockdowns, but years of self-imposed isolation have given rise to a more sophisticated domestic market The big question for Hong Kong is how it can ...

Posted on 24/04/2023

Hong Kong’s January-March unemployment eases to 3.1%

Hong Kong's seasonally adjusted unemployment rate eased to 3.1% in the January to March period, improving for the eleventh consecutive quarter as economic activity continued to pick up, the government ...

Posted on 24/04/2023

China Wanda’s bonds lose more on concerns about unit’s IPO, liquidity

Chinese commercial property developer Dalian Wanda Group's dollar bonds fell further on Monday, as investors remained wary about the progress of its unit's Hong Kong listing and about the impact on ...

Posted on 24/04/2023

Hong Kong stocks slip on sluggish corporate earnings recovery while HSBC suffers amid Ping An pressure

Analysts have been cutting their earnings estimates on Asian companies; pressure has intensified since mid-March HSBC continues to be pressured by key investor Ping An Insurance to revamp and list its ...

Posted on 24/04/2023

HSBC Activist Investor Lobbies Shareholders Ahead of Meeting

An HSBC Holdings Plc shareholder in Hong Kong is lobbying institutional shareholders to vote in favor of a proposal to restructure the lender’s business at its annual general meeting on May 5.

Posted on 24/04/2023

EXPLAINER: Can China’s new offshore listing rules revive Hong kong’s IPO scene?

After a prolonged period of draconian anti-pandemic curbs and regulatory crackdowns whipsawed China’s capital markets, the world’s second-largest economy is pulling out all the stops to calm market ...

Posted on 24/04/2023

Hong Kong stocks slide on sluggish corporate earnings recovery while HSBC suffers amid Ping An pressure

Stocks weaken as corporate earnings fail to catch up with the recovery in the Chinese economy. HSBC slips while healthcare-related firms shore up the Hang Seng Index.

Posted on 24/04/2023

Hong Kong’s dollar stress gets more fundamental

Hong Kong’s currency peg to the greenback is stuck between a rock and a hard place. The wide yield spread between U.S. government debt and the Asian hub’s equivalent has forced the monetary authority ...

Posted on 24/04/2023

Hong Kong, Guangdong cities cooperating in Greater Bay Area development will produce mutual gains: John Lee

Chief Executive John Lee’s comments come after visit to Dongguan logistics park on third of four-day trip with delegation to Greater Bay Area.

Posted on 24/04/2023

IPO market shows signs of becoming good again

The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in ...

Posted on 24/04/2023

Amp up HK’s finance in tandem with mainland

Despite the COVID-19 pandemic and geopolitical situation that have led to global supply chain disruptions, as well as high inflation, interest rate hikes and tightened monetary conditions, the Hong ...

Posted on 24/04/2023

Insurer Manulife wants to redomicile Hong Kong unit from Bermuda back to the city, to tap Greater Bay Area growth, CEO says

Manulife, which started its business in Hong Kong 126 years ago, also uses the city to oversee 13 markets with about 13 million customers in the region The Hong Kong government and the industry are ...

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