In the summer of 2019, a Megvii IPO was filed with the Hong Kong Exchange. Investors thought they could expect Megvii stock soon after. However, those expectations were not met. Megvii isn’t a public ... ( read original story ...)
Hong Kong Near Selling Local Dollars for First Time Since 2015
Hong Kong is on the verge of selling local dollars for the first time since 2015 after the city’s exchange rate rose to the strong end of its trading band against the greenback.The Hong Kong dollar ... ( read original story ...)
Lower Open Anticipated For Hong Kong Bourse
The Hong Kong stock market headed south again on Monday, one session after it had ended the two-day losing streak in which it had fallen almost 430 points or 1.8 percent. The Hang Seng Index now sits ... ( read original story ...)
What Is Sinotruk (Hong Kong)’s (HKG:3808) P/E Ratio After Its Share Price Rocketed?
Sinotruk (Hong Kong) (HKG:3808) shares have had a really impressive month, gaining 32%, after some slippage. But shareholders may not all be feeling jubilant, since the share price is still down 15% ... ( read original story ...)
Hong Kong Extends Social Distancing Measures
Hong Kong is extending social distancing restrictions for another 14 days as a precautionary measure, even as the financial hub sees a drop off in daily new Covid-19 infections. ( read original story ...)
Hong Kong to extend coronavirus-related restrictions by 14 days
Hong Kong's government will extend social restrictions aimed at tackling the coronavirus for another 14 days, the Chine-ruled city's leader Carrie Lam said on Tuesday. Hong Kong recorded zero new ... ( read original story ...)
Hong Kong SMEs rush to apply for government’s full guarantee loan scheme priced at half the market rate
HSBC, the largest bank in Hong Kong, said some 3,000 small and medium-sized enterprises had expressed an interest in the government-backed loans, while its subsidiary Hang Seng Bank had received 2,000 ... ( read original story ...)
HSBC cuts top investment bank jobs despite wider firing freeze
HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign that Chief Executive Noel Quinn is pressing on with plans to shake up the group despite ... ( read original story ...)
HSBC reshuffles top investment bank jobs: memo
HSBC has reshuffled the leadership of its investment banking division, according to a memo seen by Reuters on Monday, as Chief Executive Noel Quinn presses ahead with changes at the top despite having ... ( read original story ...)
UPDATE 1-BoCom securities arm fined $2.5 mln in Hong Kong for regulatory failings
Hong Kong’s markets watchdog said on Monday it had fined a local securities unit of one of China’s largest banks, Bank of Communications , HK$19.6 million ($2.53 million) for a range of regulatory ... ( read original story ...)
BoCom securities arm fined $2.5 mln in Hong Kong for regulatory failings
R efiles to change Bank of Communications International to BOCOM International in third paragraph. HONG KONG, April 20 (Reuters) - Hong Kong's markets watchdog said on Monday it h ... ( read original story ...)
BRIEF-Shenzhen Hepalink Pharma Gets Regulatory Approval For Hong Kong IPO
Shenzhen Hepalink Pharmaceutical Group Co Ltd: * SAYS IT GETS CHINA SECURITIES REGULATOR'S APPROVAL FOR INITIAL H-SHARE OFFERING IN HONG KONG Source text in Chinese: bit.ly/2KjxFCl Further company ... ( read original story ...)
Hong Kong stocks slip on caution ahead of earnings, economic data
Hong Kong stocks ended lower on Monday, tracking other Asian markets, amid expectations that a busy week of corporate earnings reports and economic data would drive home the damage done by the global ... ( read original story ...)
Hong Kong’s Jan-March unemployment rises to 4.2%, highest in more than 9 years
Hong Kong's seasonally adjusted unemployment rate rose to 4.2% in the January to March period, the highest in more than nine years, as the coronavirus restricted activity in an economy already in ... ( read original story ...)