Shiyue Daotian has sizzled in the week since its trading debut, as investors bet on its position as one of China’s top premium rice sellers The company’s pre-IPO backers include such big names as ...
Hong Kong Stocks End The Week In A Rout As China’s Central Bank Pumps $100 Billion Into Banking System Ahead Of Long Weekend
Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets. Investors also focused on bank earnings next week which they expect to be ...
Hong Kong Monetary Authority admits short-changing buyers of shredded banknote paperweights found to be light on cash content
Authority said paperweights, sold about six years ago, also contained pebbles, which reduced the amount of space for shredded cash Labels said the novelties contained about HK$138,000 in cash, but ...
Elderly Hong Kong man loses HK$11.4 million after WhatsApp message leads to bogus investment platform
Retiree responded to WhatsApp message from person posing as investment expert in June, police insider says Victim coaxed into transferring HK$9.13 million into local bank accounts for 'investing' and ...
HSBC Analyst Recommends ‘Buy’ Rating for Techtronic Industries: Anticipated Profit Margin Recovery and Growth Potential
HSBC analyst Helen Fang maintained a Buy rating on Techtronic Industries (TTNDF – Research Report) yesterday and set a price target of ...
HK at the forefront of central bank digital currencies
The Hong Kong Monetary Authority (HKMA), along with the Bank of Israel (BOI) and the Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre, announced the publication of a joint ...
Hong Kong policy address 2023: property market may roar again if stamp duty eases, but will first-time buyers and some locals be squeezed out?
City leader John Lee is set to unveil plans to revive sluggish property market in policy address, which experts say can spur economy and lure foreign talent But they warn local first-time buyers may ...
3 arrested over falsifying HK$193 million in deals for 2 Hong Kong listed companies following joint probe involving anti-corruption agency
Suspects, including executive director, arrested for allegedly using false documents to overstate revenue, assets.
Hong Kong Stocks Tumble Over Ugly Chinese Housing Data; EV Makers Plunge After Tesla’s Earnings Disappointment
Shares in Hong Kong and China dropped Thursday on a slew of bad economic data from the housing and financial sector. The Hang Seng Index fell 2.5% to 17,295.89 points and China’s CSI 300 index ended ...
3 arrested over falsifying HK$193 million in deals for 2 Hong Kong listed companies following probe involving anti-corruption agency
Suspects, including executive director, arrested for allegedly using false documents to overstate revenue, assets Authorities detect suspected false transactions during operations against alleged ramp ...
China’s NDRC and Hong Kong Monetary Authority Strengthen Bonds
A new chapter in international finance is being written as China’s top economic planner, the National Development and Reform Commission (NDRC), signs a Memorandum of Understanding (MoU) with the Hong ...
Hong Kong stocks slammed by Country Garden debt fallout, US tech curbs on China and Israel-Gaza war
Hong Kong stocks extended losses as China’s property crisis deepened amid concerns about an imminent debt default by Country Garden Holdings. Tightened US tech curbs on Chinese companies and an ...
UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal
More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.
Hong Kong’s Paul Chan to join Dimon, Dalio, mainland Chinese tycoons for major global investment conference in Saudi Arabia
Institute takes place in Riyadh from October 24 to 26 Some 30 mainland Chinese entrepreneurs and senior executives, including Foxconn CEO Liu Young-way, will attend More than 6,000 investors, ...