The resurgent Hong Kong dollar has pushed closer to the strong half of its trading band, amid a spike in local funding costs that has upended crowded bets on shorting the currency.Most Read from ...
Furniture maker Decca narrows price range, downsizes proposed $30M US IPO
Hong Kong-based furniture maker Decca Investment (DCCA) has downsized and narrowed the price range for its proposed $30M US initial public offering.
Hong Kong’s Bananas Rule Shows Confusing Web of Covid Curbs
Hi, it’s Bruce in Hong Kong. The Asian financial hub has continued to make slow progress in its shift away from Covid Zero, but some remaining rules are simply, well, bananas. Before that, let’s take ...
Chinese Nickel Producer Lygend Seeks Up to $593 Million in Hong Kong IPO
In a lackluster year for IPOs, Lygend becomes the latest company along the electric-vehicle supply chain to tap public markets.
UPDATE 1-China’s Lygend Resources targets nearly $600 mln in Hong Kong IPO
Nov 21 (Reuters) - Chinese nickel producer and trader Lygend Resources is aiming to raise around $600 million in a Hong Kong initial public offering (IPO), according to its prospectus published on ...
Phillip Capital Management launches and lists Phillip HK Newly Listed Equities Index ETF in Hong Kong
Co-designed and developed between Solactive and PCMHK, the ETF tracks the Solactive Hong Kong Newly Listed Equities Index.
Hong Kong to push for stronger trade ties with Asia-Pacific countries, play role of ‘super connector’, finance chief says
Financial Secretary Paul Chan also reveals Indonesian Chamber of Commerce and Industry planning to visit Hong Kong next year to pursue business opportunities.
Hong Kong leader tests positive for COVID after APEC summit
Hong Kong's chief executive, John Lee, has tested positive for COVID-19 after returning from an Asia-Pacific Economic Co-operation (APEC) summit in Bangkok, where he met Chinese President Xi Jinping ...
Hong Kong stocks fall 2% in Asia session; China keeps benchmark lending rates on hold
Shares in the Asia-Pacific fell on Monday as China's central bank kept its benchmark lending rates, or loan prime rates, on hold.
OCBC wants to grow in S’pore, Malaysia and HK; sees longer-term opportunities in Indonesia
SINGAPORE - The local market continues to present opportunities for OCBC Bank, and Mr Sunny Quek, its newly appointed head of global consumer financial services, has set out his vision to grow the ...
HSBC celebrates digital transformation
Bangladesh jointly with Bangladesh Bank and National Board of Revenue (NBR) has opened up new opportunities for its clients through enabling online statutory payments (value-added tax (VAT), VAT ...
HSBC CEO defends working with Chinese authorities in Hong Kong
Beijing and HSBC are staying in Hong Kong for the long run, and there's not much anyone can do about it. That's the conclusion of a British parliament hearing with the bank's boss on Tuesday. HSBC ...
Hong Kong’s Cathay Pacific says rising demand to improve financial situation, but warns of ‘substantial’ annual loss
It is now our expectation that the second half of 2022 will be operating cash generative overall,’ Ronald Lam says.
BoC foils bid to smuggle P80M worth of gold gems
GOLDEN SMUGGLE TRY. Operatives of the Bureau of Customs at the Ninoy Aquino International Airport foil an attempt to smuggle an estimated P80 million worth of gold jewelry concealed at the lavatory of ...