In the wake of its own extreme weather events, the city can put its unique business advantages to work by helping both the Earth and corporate bottom lines Protests demanding faster action against ...
HSBC: 2023 inflation expected to hit 5.9%
INFLATION pressures will likely prompt Philippine monetary authorities to hike key interest rates again, Hong Kong and Shanghai Banking Corp. (HSBC) economists said. HSBC raised its 2023 domestic ...
Alibaba plans Hong Kong IPO for logistics subsidiary Cainiao
Dealmakers have said that they hope Cainiao's IPO, expected to be followed by market debuts from other Alibaba units in the near-term, will revive sluggish fundraising activities in Hong Kong. Cainiao ...
Alibaba Unit IPO Will Test Demand in Slowest Hong Kong Market in Decades
The planned initial public offering of Alibaba Group Holding Ltd.’s logistics arm will be a key test of demand in Hong Kong’s languishing deals market.
Hong Kong’s Unity Group launches joint venture with UAE firm on green tech as John Lee’s Middle East push bears fruit
The Hong Kong government and its promotion of the city in the United Arab Emirates definitely helped’ land the deal, Unity chairman says.
Bargain hunters lift Hong Kong stocks off 10-month lows as China data cheers investors with Alibaba rising on Cainiao’s IPO plan
Industrial profit for Chinese firms recorded the first gain this year in August, according to the statistics bureau Alibaba Group rallied after its logistic unit Cainiao applied for an initial public offering in Hong Kong Hong Kong's major stock index ...
Ex-Morgan Stanley bankers win coveted role on Hong Kong IPO of Alibaba unit Cainiao
Ampere Partners, a boutique Hong Kong-based firm founded by former Morgan Stanley deal makers Crawford Jamieson and Daniel Wetstein, will act as financial adviser on the deal, which could raise US$1 ...
Hong Kong’s lived-in home prices decline in August for the fourth straight month, as elevated interest rates and high inventory levels weigh
Hong Kong’s lived-in home prices declined for a fourth straight month in August, and the easing trend is seen continuing for the rest of the year given the elevated interest-rate environment and high ...
Haitong Securities Considers Taking Hong Kong Unit Private, Sources Say
Haitong Securities Co. is mulling to take private its Hong Kong-listed investment banking unit, people familiar with the matter said, as it seeks to gain full control to turn around the loss-making ...
Hong Kong Struggles with Generative AI Amidst Copyrights & Legal Concerns
This suggests that while the general public is eager to embrace AI, businesses remain skeptical due to murky legal waters.
Hong Kong’s crypto love meets its match – The details
A once radiant star in Hong Kong’s financial skies, cryptocurrency group JPEX painted the town teal-and-white. From dominating billboards in the financial district to owning ad spaces on taxis and ...
SFC puts small Hong Kong crypto exchanges under glare of public scrutiny as they pursue virtual asset licences
HKVAX, HKbitEX, Hong Kong BGE and Victory Fintech all tout their commitment to operating in accordance with crypto regulations The exchanges are just a few years old, with two owned by publicly-listed ...
As China stocks slide, trading sinks amid US$955 billion market wipeout in Hong Kong, Shanghai and Shenzhen
Traded volume in Hong Kong's stock market slumped to a one-year low on September 20, or 38 per cent below the average in the first half Some US$955 billion has been erased from stock capitalisation in ...
Crypto Blowup in Hong Kong Tests Its Embrace of Retail Trading
The footage was beamed out to television viewers across Hong Kong early last week: a young man dressed in a black polo shirt, navy blazer and gray trousers being led out by police from an office tower ...