Founder Sui Guangyi’s plans to list its Shenzhen affiliate on an international digital exchange have hit the shares of the Hong Kong-listed investment firm, which have lost nearly 50 per cent since ...
Hong Kong stocks tumble 2% amid broader decline in Asia markets, China gains
Asia-Pacific markets were set for a mixed open Tuesday, with Japan looking set to extend its rally to a seventh straight day. The country’s benchmark Nikkei 225 has surged this year, hitting key ...
Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024
Star Charge, a Chinese maker of electric-vehicle charging stations, aims to go public in Hong Kong as early as the second half of 2024, according to people familiar with the matter.
Hong Kong stocks slip as China’s central bank dents rate-cut bets, Baidu sinks on AI chatbot and military controversy
China’s central bank kept its key policy lending rates unchanged, dashing hopes of a quick-fix policy stimulus. Baidu sank on report Chinese military labs were gauging its AI chatbot.
China Reaffirms Support For Offshore IPOs, But New Listings Likely To Remain Small
A top Chinese securities regulator said 86 companies have successfully registered to make IPOs in Hong Kong and the U.S. since the launch of a new registration system last March.
HSBC, Standard Chartered, Bank of China among lenders waiving fees for Hong Kong airport operator’s US$640 million retail bond
Banks such as HSBC are waiving off many types of charges, including subscription, safe custody and transaction fees Investors are shifting their attention to the high-quality bond offering from the ...
Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than €3 million
German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer In separate case involving European firm, Hong ...
KPMG Expects HK IPO Proceeds to Rise to $100B in 2024, with 90 IPOs for Whole Yr
There were a total of 70 IPOs in Hong Kong in 2023, raising a total of approx. $46.3 billion, down 21% and 56% YoY, respectively, according to KPMG. At present, there are still abo... There were a ...
HSBC forecasts slower economic growth this year
HSBC on Monday predicted that Hong Kong's economy will grow at a slower pace this year, but struck an upbeat tone on the performance of the city's ...
HSBC Bank Review 2024
Account details and annual percentage yields (APYs) are accurate as of January 8, 2024.
Hong Kong stocks extend 2-week slide as China’s central bank dents rate-cut bets, Taiwanese firms slip post-election
Hong Kong stocks dropped, adding to two weeks of losses, after China’s central bank kept a key policy lending rate unchanged for a fifth straight month, killing bets among some economists on policy ...
Former chairman of state-owned bank China Everbright Group arrested over suspected corruption
Chinese prosecutors say the former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of corruption and bribery.
Hong Kong Stocks Close Lower
Hong Kong stocks finished Monday slightly lower on lingering worries about China's economy and after the country's central bank held off cutting short-term interest rates.
Hong Kong stocks extend two-week slide, China’s central bank dents rate-cut bets as Taiwanese firms slip post-election
Local shares can’t get a break as prices weaken in early trading. China’s central bank kept its key lending rates unchanged, killing bets for a quick-fix policy stimulus.