Hong Kong is unlikely to abandon its US dollar peg, or to repeg to the yuan, as either move would threaten stability and the Chinese currency fails to meet conditions set by the monetary authority, ...
Hong Kong Government Eases COVID Quarantine and Testing Regime After Beijing Moves
A child wearing personal protective equipment (PPE) has his swab sample taken for nucleic acid test at the Hong Kong-Zhuhai-Macao Bridge Hong Kong Port, amid the coronavirus disease (COVID-19) ...
Hong Kong stocks rally as investors eye plans to ease Covid curbs
Hong Kong stocks shot higher on Thursday, reversing a steep fall in the previous trading session as the territory followed China in easing some Covid-19 restrictions. The Hang Seng index gained 3.4 ...
Hong Kong stocks rise around 3% after reports say city is considering Covid rule easing
Hong Kong's Hang Seng index rose, bucking the trend in the region after local media reported that the city is considering dropping its outdoor mask rule ...
China’s Weilong Delicious to raise $130.6 million in Hong Kong IPO
Chinese snack food maker Weilong Delicious Global Holdings is set to price its shares at HK$10.56 each in its Hong Kong initial public offering to raise $130.6 million, according to two sources with ...
Hong Kong’s largest pro-Beijing party proposes shortening voting time as part of election ‘improvements’
Hong Kong should shorten voting hours and allow electors living in mainland China to cast ballots, the city’s largest pro-Beijing party has proposed as part of efforts to “improve“ the city’s electoral system.
Hong Kong to subject crypto exchanges to the same laws governing TradFi
The new investor protection legislation will come into effect from June 1, 2023, starting a licensing regime for virtual exchanges on similar grounds as traditional financial institutions.
Auction sales slide in Hong Kong
Six-monthly auction sales in Hong Kong have had their worst results since 2018, with this season marking the third consecutive drop, according to ArtTactic. Its analysis finds that the October-to-December evening sales made a total of HK$1.
China, Hong Kong stocks lift Asian equities; growth worries loom
Asian equities rose on Thursday, propped up by Hong Kong and China stocks amid growing optimism over an easing of COVID restrictions in the world's second biggest economy even as fears of a slowdown and worries over Fed interest rate rises linger.
Hong Kong Stocks Rally on Report City May Relax Covid Rules
The Hang Seng Index rose as much as 3.8%, erasing Wednesday’s selloff, while a gauge of Chinese tech stocks trading in the city rallied 7%. A Bloomberg gauge of Macau casino shares surged as much as ...
GAC’s Ride Hailing Firm Ruqi Is Said to Pick Banks for HK IPO
Ruqi Mobility, Chinese state-backed automaker GAC Group’s ride-hailing firm, has picked banks including ABC International Holdings Ltd. for its planned Hong Kong initial public offering, according to ...
Hang Seng Bank names Jordan Cheung as new CMO
Hang Seng Bank has appointed Jordan Cheung (pictured) as chief marketing officer effective 19 December 2022. He will also become a member of the Bank’s executive committee.
Fusion Bank Launches “2nd Anniversary Thankful Celebration” Pushing Financial Inclusion to Benefit All, Building towards a Smarter Future
Fusion Bank celebrates the 2nd anniversary of the bank's launch with "2nd Anniversary Thankful Celebration", offering a range of promotions to valued customers. Two years since the launch, Fusion Bank ...
Hong Kong, S’pore spar for green finance supremacy in Asia
From green bonds to carbon trading and asset management, both cities are angling to be the regional base for sustainable finance as governments and companies ramp up investments to fight climate ...