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 ...
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.
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 ...
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.
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 ...
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.
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 ...
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 ...
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 ...
Bumper year for Hong Kong’s fresh graduates, with more jobs and better pay on offer as economy picks up
There were 34,125 full-time job vacancies for graduates from January to March, highest in five years Sharp rise in retail, hotel and tourism jobs, reflecting city's reopening and return of visitors ...
A Summer’s End – Hong Kong 1986 developer announces next game
In the Ocean I Learned to Float is developer Oracle and Bone's next game, following the release of 2020's A Summer's End - Hong Kong 1986.
Renewed Support Predicted For Hong Kong Stock Market
The Hong Kong stock market headed south again on Friday, one session after ending the two-day slide in which it had stumbled more ...
China Unicom Hong Kong (762) Price Target Increased by 6.56% to 7.76
The average one-year price target for China Unicom Hong Kong (762) has been revised to 7.76 / share. This is an increase of 6.56% from the prior estimate of 7.29 dated April 6, 2023. The price target ...
Compass Offices Expands its Central Presence at China Building in Hong Kong
Compass Offices (Compass) is delighted to announce the latest addition to its portfolio in APAC, a 2-floor business centre in the iconic China Building in Hong Kong Central. China Building is situated ...