Insurer has sold about 5.6 million HSBC shares, reducing its stake in the lender to 7.98 per cent from 8.01 per cent, according to an exchange filing Move comes days after reports that Ping An voted ...
Hong Kong stocks rise to 8-month highs after China property relief, high dividend-yielding stocks in focus
Economic optimism boosts Hong Kong stocks with growing hopes of US interest cuts providing an additional tailwind.
Senior departures at HSBC Asset Management prompt new appointments
HSBC Asset Management made several senior appointments as two leaders departed, and an interim Hong Kong CEO was named, the firm said in a statement on May 10. Brenda Wong, the Hong Kong-based head of ...
China’s Zeekr prices US IPO at top of range to raise $441 million
By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range, raising ...
HSBC Asset Management names senior executives in Asia
HSBC Asset Management has announced senior appointments as it continues to scale up its presence in Asia. From left: Masayuki Kaneko, Jasmine Hung and Chris Lin.
Hong Kong’s millionaires have decreased by 4%, while Singapore’s increase by 64%
World’s Richest Cities Report from Henley & Partners has highlighted one aspect... The post Hong Kong’s millionaires have decreased by 4%, while Singapore’s increase by 64% appeared first on The Indep ...
MoneyHero Study Shows Inquiries for Urgent Loans in Hong Kong Almost Doubled in Post-Pandemic Era
MoneyHero study casts a spotlight on personal loan trends in Hong Kong, analysing organic traffic data and applications through the MoneyHero platform that manages approximately 1.4 million monthly ...
Exclusive-China’s Zeekr prices US IPO at top of range to raise $441 million, source says
Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with ...
Saudi Tadawul rates HKEX highly, saying it has ‘learned a lot’ from the Hong Kong bourse operator
The Saudi stock exchange will weigh its reforms against the likes of the Hong Kong stock exchange as it bids to become a leading global capital market, Tadawul Group’s Nayef Al-Athel says.
New name for Hong Kong virtual banks to boost trust
That is the main reason the Hong Kong Monetary Authority plans to replace the term “virtual bank” with “licensed digital bank”. A month-long consultation has been launched. People have long been ...
No ulterior motives for Jimmy Lai’s HK$500 million loan to media firm Next Digital when it was unprofitable, witness tells Hong Kong court
Royston Chow, former Next Digital chief financial officer, says it was not ‘very common’ for shareholder to lend substantial amount of money to company such as Lai’s.
China Market Update: Hong Kong & Mainland China Rally Rebounds On Trade Data & Home Buying Restrictions Cancelled
Asian equities were overall lower overnight as Mainland China and Hong Kong outperformed while South Korea, Australia, India, and the Philippines underperformed, falling by more than -1%. Meanwhile, ...
Retired Hong Kong brokerage manager loses HK$18 million to scammer posing as security official
Source familiar with situation says scammer contacted 67-year-old woman in January and claimed to be mainland Chinese police officer investigating fraud case.
Hong Kong’s IPO revival is ‘inevitable’ as returning investors drive surging applications, stock exchange CEO says
It is just a matter of time' before Hong Kong sees listings from Middle East companies and mainland industry leaders, says HKEX CEO Bonnie Chan HKEX has received over 100 new listing applications this ...