Police arrest 11 in crackdown on suspected fraud syndicate, warn that ‘significant number of men’ fell victim to love scams in August.
Hong Kong’s biggest IPO since 2021 sizzles as Midea shares soar in blockbuster offering
The Foshan-based company raised HK$31.01 billon last week, after offering its stock at HK$54.80 a share, at the top end of an expected price range.
Midea’s strong Hong Kong debut after $4 bln listing boosts outlook
Chinese home appliances maker Midea Group rose by up to 9.5% on its trading debut in Hong Kong on Tuesday after raising nearly $4 billion in the city's largest share offering in almost four years, ...
Beijing’s top diplomat in Hong Kong to address British Chamber of Commerce for first time
Cui Jianchun will ‘share the spirit’ of the China’s third plenum and its ‘implications for international business in Hong Kong’.
All You Need to Know About BOC Hong Kong (BHKLY) Rating Upgrade to Buy
BOC Hong Kong Ltd. (BHKLY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting ...
HKMC issues second ILBS issuance for $423m as investor demand grows
The Asian Infrastructure Investment Bank is an anchor investor in SPV Bauhinia 2, which contains a $107m sustainability tranche; meanwhile, the Hong Kong Mortgage Corporation will have a new CEO in ...
Hong Kong Stocks Surge on Rate Cut Hopes
Hong Kong stocks rose in a holiday-thinned trade, driven by local property giants and a strong debut by Midea Group, amid hopes of a significant interest rate cut by the U.S. Federal Reserve. The Hang ...
Hong Kong stocks rise on property gains ahead of Fed rate decision
Hong Kong stocks rose in holiday-thinned trade on Tuesday, led by local property giants on hopes of an oversized interest rate cut by the Federal Reserve, while the upbeat listing of Chinese home ...
{Hot Stocks}HANG SENG BANK(00011) quoted at HK$92.9, up 3.1%
[ET Net News Agency, 17 September 2024] HANG SENG BANK (00011) rose 3.1% to HK$92.9, breaking above the 250-D SMA of HK$90.343. It hits an intra-day high of HK$92.9, and an intra-day low of HK$90.15.
{Hot Stocks}CM BANK(03968) quoted at HK$30.35, up 3.1%
[ET Net News Agency, 17 September 2024] CM BANK (03968) rose 3.1% to HK$30.35, breaking above the 250-D SMA of HK$29.663. It hits an intra-day high of HK$30.35, and an intra-day low of HK$29.25. The ...
Hong Kong prepares AI guidelines for finance sector
The Hong Kong government will reportedly issue policies for the finance sector around the use of artificial intelligence by the end of October. By introducing new policies, Hong Kong authorities aim ...
Saudi ETFs Tracking HK Shares Seen Raising Nearly $1 Billion
Two Saudi Arabian investment firms are set to launch exchange traded funds that will be the country’s first to track Hong Kong shares and are expected to raise close to $1 billion, offering the latest ...
Hong Kong to launch AI regulations for financial markets in push for web3 leadership
Hong Kong is set to unveil new AI guidelines for the finance sector as part of its strategy to establish itself as a global leader in the Web3 and cryptocurrency space.
Chinese appliance maker Midea debuts in Hong Kong with shares jumping 9pc after US$4b IPO
Shares in Chinese electronic appliance maker Midea surged more than nine per cent at the start of its Hong Kong debut today, having raised around ...