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Posted on 29/03/2023

Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng

Investing.com-- Most Asian stock markets rose on Wednesday as regulators further downplayed fears of a banking crisis, while Hong Kong’s Hang Seng index rose sharply ... the recent collapse of Silicon ...

Posted on 29/03/2023

Hong Kong police search city for suspect in fatal knife attack on elderly man

Victim, 70, was attacked soon after leaving his house in Yuen Long for early morning exercise on Wednesday, according to police Another man in separate incident escapes knife attack by up to six ...

Posted on 29/03/2023

Hong Kong leads Asian markets higher on Alibaba boost

Asian stocks were broadly up on Wednesday to buck losses on Wall Street, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six business groups ... Wednesday ...

Posted on 29/03/2023

Alibaba’s Hong Kong shares set to open up 15% on split-up plans

(Reporting by Josh Horwitz in Shanghai and Donny Kwok in Hong Kong; Editing by Muralikumar Anantharaman and Sam Holmes) A famous market watcher who called the subprime mortgage crisis is warning that ...

Posted on 29/03/2023

Alibaba’s Hong Kong shares surge 16% on split-up plans

TOKYO (Reuters) - The safe-haven U.S. dollar remained on the back foot on Wednesday following two days of losses as global financial markets regained a... 10:02pm EDT JPMorgan's Jamie Dimon to be ...

Posted on 29/03/2023

Hong Kong ‘determined’ to be a regional hub for green tech and finance, city’s Paul Chan says

City's finance chief told the Post's China Conference: Southeast Asia in Singapore that Hong Kong was determined to position itself as a green hub It would start by building its green technology ...

Posted on 29/03/2023

Lalatech, the start-up behind Lalamove logistics service, files for Hong Kong IPO after turning its back on New York

On-demand logistics start-up Lalatech, which operates Lalamove and Houlala, files application to list on the Hong Kong stock exchange The Lalamove operator had considered a US IPO two years ago, but ...

Posted on 29/03/2023

Alibaba shares soar 15% in Hong Kong on news of major overhaul

Hong Kong-listed shares of Alibaba climbed at the open on Wednesday after the company announced a significant overhaul to split its company into six business groups. The company in its announcement ...

Posted on 29/03/2023

Chubb and Hang Seng sign 15-year bancassurance deal

Hang Seng Bank and Chubb have signed a 15-year exclusive general insurance distribution agreement that sees the insurer providing the Hong Kong bank’s customers with its range of personal and ...

Posted on 29/03/2023

Fintech, lifestyle products can help Korea grow trade ties with Hong Kong: city’s trade promotion chief in Korea

Korea and Hong Kong are seeking to capitalize on the rapid growth of technologies used to improve financial services from banking to blockchain, wealth management, insurance and investment. "During ...

Posted on 29/03/2023

Hong Kong’s last governor Lord Patten says ‘demeaning and delusional’ for UK to soften China criticism over trade fears

Lord Patten has spoken exclusively to Sky News during a London summit for Hong Kongers who have come to live in the UK due to Beijing's increasingly strong grip on Hong Kong.

Posted on 29/03/2023

Hong Kong Sets Sights On Crypto Dominance With Unprecedented Move To Ease Financing For Virtual Assets

What Happened: The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) are jointly organizing the session "to facilitate direct dialog" and "share practical experiences ...

Posted on 28/03/2023

Shanghai exchange cancels Syngenta IPO hearing -filing

HONG KONG, March 28 (Reuters) - The Shanghai Stock Exchange has cancelled a hearing to review Swiss agrichemicals and seeds group Syngenta's initial share offering (IPO) plan, a filing posted on the ...

Posted on 28/03/2023

Hong Kong Shares Rise 0.6% Amid Improved Sentiment

Hong Kong’s Hang Seng Index was 0.6% higher at 19688.31, as investor concerns over the health of the banking sector eased after news that a U.S. regional lender was buying large parts of Silicon ...

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