At least 100 billion yuan of insurance funds will funnelled into A shares as part of a pilot programme within the first six months, regulators say.
GSK, Merck and Pfizer in Ab&B’s sights as Chinese vaccine biotech files for IPO
Ab&B Bio-Tech has joined the stacked roster of drug developers queuing up to go public in Hong Kong, filing the paperwork for an IPO to fund development of vaccines that could compete with companies ...
Hong Kong’s bitcoin ETFs could open to Greater Bay Area investors under new measures
New rules further opening up China’s financial markets could give some mainlanders access to cryptocurrency investment products for the first time.
HSBC touts 50% increase in suspicious transactions intercepted in past year
HSBC said it is stepping up its efforts to stop scammers and increasing its spending on anti-fraud technology, as the lender unveiled a new alert system that aims to protect online banking users. The ...
Hong Kong’s New World Development says business ‘as usual’ amid Bloomberg’s coverage of potential default
(Reuters) -Hong Kong-based New World Development faced renewed speculation on Thursday as Bloomberg reported on a potential bond default, after the property developer clarified earlier in the day that ...
Phoenix Asia Holdings Targets IPO On Sky-High Valuation
Phoenix Asia Holdings faces significant risks, including regulatory risks, customer concentration and uncertainties in the Hong Kong construction industry. Learn more on PHOE stock here.
Daily Cuts – The edge that paved Hong Kong’s return as Asia’s financial hub
From being stuck in the doldrums to a decisive comeback, Hong Kong has re-emerged as Asia’s leading financial hub in spite of a worrying economic recovery in China. Hairianto Diman and Susan Ng ask ...
Hong Kong’s Paul Chan vows to bridge climate financing gap after Trump move
City’s finance chief also met United Arab Emirates’ minister of state for foreign trade to discuss bilateral cooperation.
Hong Kong’s Hang Seng Index closes 1.75 pct higher
HONG KONG, Jan. 20 (Xinhua) -- Hong Kong stock market ended higher Monday with the benchmark Hang Seng Index up 1.75 percent to close at 19,925.81 points. The Hang Seng China Enterprises Index ...
Hong Kong’s Paul Chan vows to bridge climate financing gap after Trump pull-out
City’s finance chief also meets United Arab Emirates’ minister of state for foreign trade to discuss bilateral cooperation.
HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration
The building is home to HSBC China’s Shenzhen branch, HSBC Qianhai Securities and HSBC Software Development Guangdong, a fintech centre. The bank said the tower would be a nerve ...
China orders pay cap at state-owned financial firms, sources say
China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial institutions, three sources said, expanding a campaign against excess against ...
Bonnie Chan: HK IPO Mkt Continues to Recover w/ ~100 IPOs under Preparation
With Hong Kong's IPO market showing a good recovery in 2024 and more stimulus measures launched by China since September 2024, it is expected that Hong Kong will be able to welcome more IPOs, with 100 ...
China to allow foreign investors to take onshore bonds offshore via repos and derivatives
The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also be used as margin collateral for derivatives transactio ...