The HSBC share price has done well recently as investors wait for more changes when the new CEO starts working next week.
Hong Kong Stock Market Has Flat Lead For Wednesday’s Trade
The Hong Kong stock market has finished higher in two sessions, gathering more than 260 points or 1.5 percent along the way. The Hang ...
What’s at stake as 2 Hong Kong journalists await a verdict in their sedition trial?
Two journalists who led a now-shuttered Hong Kong online news outlet will hear a verdict in their sedition case on Thursday, in a trial that’s seen as an indicator for press freedom in the ...
Hong Kong must rise to critical reform role bestowed by Beijing
Throughout the more than 45 years of China’s era of opening up and reform, Hong Kong has had a central role to play, thanks to its free economy, sophisticated financial markets and common law system.
Bank of East Asia logs HK$2.1b profit for H1
Bank of East Asia (BEA) saw its profit attributable to owners of the parent decline 19.9% year-in-year (YoY) to $269.28m (HK$2.1b) in the first six months of 2024, the bank’s interim results showed.
Duality plans Hong Kong IPO to fund trials of BioNTech-partnered ADCs and beyond
China’s Duality Biotherapeutics has filed (PDF) paperwork for a Hong Kong IPO, seeking an undisclosed sum to power a broad pipeline of antibody-drug conjugates toward approval. The filing extends the ...
{I-bank focus}HSBC raises Sunny Optical (02382) to HKD58.9
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BANK OF CHINA (03988.HK) Successfully Issues First SGS Offshore RMB Bonds in Frankfurt, Involving RMB2.5B
BANK OF CHINA (03988.HK) (601988.SH) announced that it has successfully issued the world's first SGS bond in Frankfurt, with a size of RMB2.5 billion and a two-year fixed rate.... The SGS bond ...
HKEX hires Johnson Chui from Nomura to bring overseas IPOs to Hong Kong
Hong Kong’s top officials and HKEX executives have been making pitches to global investors to make the city their top fundraising destination. In March, Financial Secretary Paul Chan Mo-po told the ...
HSBC HOLDINGS Buys back ~2.45M Shrs for $165M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had purchased 2.4496 million shares of the company on the Hong Kong Stock Exchange yesterday (26th), at $67.25-67.65 per share, for a weighted average price ...
PING AN: HSBC Is Key Financial Investment; Shareholding Changes based on Mkt Condition
Fu Xin, deputy general manager of PING AN (02318.HK), was quoted by local media as saying that HSBC is not only a key financial investment of the group, but also forms a large part of its insurance ...
China Market Update: Hong Kong Gains As Pinduoduo’s Slight Revenue Miss Sends Shares Lower
Asian equities rose despite rising Middle East tensions. Powell’s Friday press conference, confirming a September rate cut, sent the US dollar lower. Hong Kong outperformed as the Hang Seng Index ...
Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
The 3 Hong Kong spot Bitcoin ETFs surpassed HK$2 billion ($272M) in assets under management since launching this year. The growth shows increasing institutional appetite for regulated Bitcoin products ...
Mixed Performance for Mainland China and Hong Kong Stocks
Mainland China stocks ended mostly flat, while Hong Kong tracked gains following dovish comments from Federal Reserve Chair Jerome Powell. Powell hinted at potential interest rate cuts, while China's ...