Royston Chow, former Next Digital chief financial officer, said he handed over millions of dollars to Lai’s assistant Mark Simon, but had no idea how it would be spent.
Hong Kong stocks enter bull market: banks, insurers gain after Fed rate decision as China’s policy support adds to cheer
Hong Kong stocks rose on Thursday driven by gains in the banking sector and in insurance companies after the US Federal Reserve signalled it would wait longer before cutting interest rates ...
China Market Update: Hong Kong Sees Profit Taking As Autohome Beats Estimates
China Construction Bank, which fell -0.76%, and Hong Kong Exchanges & Clearing, which fell -3.01%. Real estate was whacked -4.45% in Hong Kong and -3.12% in Mainland China on profit-taking from tis ...
LD Capital, Antalpha Ventures, Highblock Unite for Hong Kong’s First ETF Liquidity Fund
In a historic move, major blockchain venture capital firms in Asia have joined hands to introduce Hong Kong's first-ever ETF liquidity fund.
With onsite inspections, China dials up scrutiny of local market IPO hopefuls
Chinese regulators are scrutinising old business deals and even the personal bank accounts of senior executives as they ramp up inspections of IPO hopefuls to slow the pace of fresh capital raisings ...
WBD Unveils Canal+, Amazon Deals For Max In France & Spain Along With Launch Date; Fremantle UK Finance Hire; Hong Kong Avant Garde Festival – Global Briefs
WBD Unveils Canal+, Amazon Deals For Max In France & Spain Along With Launch Date Warner Bros. Discovery (WBD) has struck deals with Amazon and Canal+ to distribute streamer Max in France and Spain, ...
Hong Kong to propel development of new quality productive forces
Hong Kong's advantages in multiple areas such as finance, funds, technology innovations, talent cooperation and more, can be utilized in promoting new quality productive forces, said Kevin Chan, ...
HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched Spot Crypto ETFs in Hong Kong
This milestone highlights the successful fusion of traditional financial systems with cutting-edge digital asset solutions, showcasing the evolution and maturity of Hong Kong's digital finance ...
Hong Kong’s crypto spot ETF move beats regional peers
The inclusion of cryptocurrency Ether, alongside Bitcoin, for the exchange-traded funds on the Hong Kong Stock Exchange, contrasts with the US approach.
China Market Update: Hong Kong Stops To Catch Its Breath
After moving from January’s 31 st low of 15,485 to today’s 18,479, a breather was more than overdue. Q1 earnings season kicks off next week, with Alibaba and Tencent reporting next Tuesday morning.
CICC, Citic, JPMorgan Cut Investment Banking Jobs in China as Deals Stall
HONG KONG (Reuters) -Two Chinese companies and JPMorgan have become the latest banking groups to cut jobs in China as a slow recovery in listing and dealmaking activities force them to ramp up cost ...
Singapore biotech firm Mirxes refiles HK IPO with target valuation of US$600 million
Singapore biotech firm Mirxes has refiled its draft prospectus for a Hong Kong IPO, with a target to raise at least US$100 million ($135.28 million) for a valuation of some US$600 million.
Discovering Three Hong Kong Dividend Stocks With Yields Up To 8.3%
As global markets navigate through a mix of economic signals, with Hong Kong's Hang Seng Index recently witnessing a notable rise, investors are keenly watching the performance and potential of ...
Qatar, Hong Kong Seek To Bolster Investment Ties
This MoU signing is a follow-up from an earlier visit to Qatar by the Secretary for Financial Services and the Treasury, Christopher Hui, in 2023. Since then, Qatar leaders also visited Hong Kong ...