Hong Kong’s stock exchange is looking at speeding up the process of getting initial public offerings from pricing to trading, a move that would bring the world’s biggest listing market more in line ... ( read original story ...)
China starts probe of BoC’s oil-linked product losses: central bank publication
China's banking and insurance regulator has started an investigation into Bank of China's (BoC) recent loss on a crude oil-linked product, the central bank publication Financial ... ( read original story ...)
China’s tech behemoths like Alibaba, Xiaomi will be allowed to join Hong Kong’s benchmark Hang Seng Index as biggest reform since 2006 approved
“The Hang Seng Index, as the signature index of Hong Kong, will catch up on this trend ... Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference. ( read original story ...)
Coronavirus Beaten Down Stocks/Funds Series – Commonwealth Bank Of Australia
Commonwealth Bank of Australia is currently down 33% from its early 2020 peak, and near a 7 year low, after collapsing in early 2020 due to the coronavirus. CBA ... ( read original story ...)
Citigroup to Bring 600 Staff Back to Hong Kong Office This Week
Citigroup Inc. said it will allow an additional 600 staff to resume working from their Hong Kong premises on Wednesday after the city relaxed social-distancing curbs amid an overall reduction in the ... ( read original story ...)
Hong Kong Bourse Tipped To Halt Losing Streak
The Hong Kong stock market has finished lower in four straight sessions, sliding more than 800 points or 3.4 percent along the way. The Hang Seng Index now sits just beneath the 23,800-point plateau ... ( read original story ...)
Reserve Bank of New Zealand says registers Chinese bank ICBC for banking services in New Zealand
SYDNEY (Reuters) - The Reserve Bank of New Zealand (RBNZ) said on Monday it has registered Industrial and Commercial Bank of China Ltd (ICBC) (601398.SS) (1398.HK), the world’s biggest commercial ... ( read original story ...)
Hong Kong Handouts May Be Received in July, Finance Chief Says
Hong Kong’s cash handout included in a host of relief measures promised by the government could be received by eligible recipients as early as July, Financial Secretary Paul Chan said. ( read original story ...)
PBOC to strengthen monetary policy support for economy, governor says
China will strengthen monetary policy support for the economy as authorities fight the hit from the coronavirus pandemic, its central bank governor wrote in an article published on Saturday. ( read original story ...)
Revolution Is Rushing Toward Hong Kong’s Lagging Hang Seng Index
The 50-year old Hang Seng Index is poised to embrace change, and it couldn’t come soon enough for investors forced to put up with years of dismal underperformance. ( read original story ...)
China IPO Stages Stellar Hong Kong Debut Amid Biotech Craze
A Chinese medical devices provider surged 74% in its Hong Kong trading debut on Friday in the best opening performance this year for an initial public offering over $50 million. ( read original story ...)
China Unveils Financial Support to Tie Hong Kong, Macau Closer
China’s financial regulators unveiled a sweeping plan to facilitate cross-border transactions and investments between Hong Kong, Macau and cities in southern China as part of the government’s ambition ... ( read original story ...)
Here’s What Kato (Hong Kong) Holdings Limited’s (HKG:2189) P/E Ratio Is Telling Us
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic P/E ratio analysis to Kato (Hong Kong) Holdings Limited's , to ... ( read original story ...)
Three arrested in Hong Kong over laundering of HK$54 million scammed from 15 people
Three men were arrested on Thursday over the laundering of HK$54 million (US$7 million) that police said was conned out of 15 Hongkongers, including a 76-year-old woman who lost HK$25 million. The ... ( read original story ...)