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Tag: ipo

Posted on 18/06/2024

Hong Kong to Keep Stock Market Open During Severe Weather Conditions

Hong Kong will allow trading on its exchanges during severe weather conditions, as part of the exchange’s efforts to maintain the financial center hub’s appeal to investors.

Posted on 18/06/2024

Hang Seng Index Closes Down, With Hong Kong Stocks ‘Directionless’ After China Data

Hong Kong's Hang Seng Index closed 0.1% lower at 17915.55, dragged by tech-related and consumer stocks. The bourse appears to be directionless after Monday's mixed China economic data, Sonija Li, head ...

Posted on 18/06/2024

Hong Kong stocks cautious, awaiting policy support after China data disappoints

Hong Kong stocks eased at the noon trading break on Tuesday as investors awaited increased policy support from Beijing amid China’s sluggish economic data and trade frictions with the European Union.

Posted on 18/06/2024

Hong Kong’s SFC Kicks out All Unlicensed Crypto Exchanges

Hong Kong’s Securities & Futures Commission (SFC) has required all unlicensed virtual asset trading platforms (VATPs) to exit the city starting tomorrow, June 1, 2024. SFC states, “All VATPs operating ...

Posted on 18/06/2024

Deepfake Video Call Scams Finance Bro Out of $25 Million

A Hong Kong employee hopped on a video call with a deepfake version of his boss and paid the ultimate price. A finance worker in Hong Kong hopped on a video call with, what appeared to be, multiple ...

Posted on 17/06/2024

Hang Seng Launches Its First-Ever Travel-Themed Credit Card

Travel+ Visa Signature Card Offers Exceptional Rebates for Foreign Currency Expenditures Dual Discounts on Local Transportation and Dining to Encourage Increased Spending within Hong Kong HONG KONG, ...

Posted on 17/06/2024

Mainland China and Hong Kong Stocks Decline, Property Sector Drags

Mainland China and Hong Kong stocks closed lower on Monday, impacted by weaker-than-expected data showing continued struggles in the property sector. Despite some positive retail sales due to a ...

Posted on 17/06/2024

BANK OF E ASIA (00023.HK) No. of CN Cross-border Customers Surges ~50% YoY in 1Q24

BANK OF E ASIA (00023.HK) officially opened its new SupremeGold Private Banking Centre in Harbour City today. The bank revealed at the opening event that cross-border business has ... BANK OF E ASIA ...

Posted on 17/06/2024

{Hot Stocks}CM BANK(03968) quoted at HK$34.75, up 3%

[ET Net News Agency, 17 June 2024] CM BANK (03968) rose 3% to HK$34.75, breaking above the 10-D SMA of HK$34.73. It hits an intra-day high of HK$34.8, and an intra-day low of HK$33.5. The total shares ...

Posted on 17/06/2024

Hong Kong Stocks Close Flat as Investors Digest China Data

Hong Kong's Hang Seng Index closed flat at 17936.12 after a choppy trading session. Investors were likely digesting data pointing to house prices falling in May despite more government measures. The s ...

Posted on 17/06/2024

Bonnie Chan lauds ‘resilience’ of HKEX as new listing rules boost pace of Hong Kong’s IPOs

The momentum of Hong Kong’s initial public offerings (IPO) has picked up since April, auguring well for the exchange as it claws its way back in the rankings of the world’s top spots for fundraising. ...

Posted on 16/06/2024

HKFP Lens: Across Hong Kong, the streets bear the scars of a stubbornly weak retail sector – shuttered stores

Before the Covid-19 pandemic, Hong Kong was known as a “shopping paradise.” But since lifting all anti-epidemic measures early last year, the city has struggled to live up to its reputation. Last ...

Posted on 16/06/2024

Hang Seng Bank concludes media pitch for HK

Hang Seng Bank has handed its Hong Kong media duties to EssenceMediacom, following a competitive pitch in February, MARKETING-INTERACTIVE understands. Under the agreement, the agency will handle ...

Posted on 15/06/2024

Manchester United to upgrade training facilities, designed by Hong Kong HSBC architect

Work on the project will cost around £50m, and is likely to start next week and take as long as whole of the 2024/25 season, during which temporary adaptations will be made to accommodate players and ...

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