In a report released yesterday, Sam Wong from Jefferies upgraded BOC Hong Kong (Holdings) (BNKHF – Research Report) to a Buy, with a ...
China Market Update: Internet Stocks Lead Hong Kong Higher
Hong Kong had a strong night led higher by internet stocks on ... Southbound Stock Connect volumes were high as mainland investors bought $254mm of HK stocks and ETFs with Bank of China, Kuaishou, and ...
HSBC says growing Chinese wealth fuels client investments in US
"For most Asian investors, the first port of call is the U.S." The bank's focus on wealth comes at a time of simmering U.S.-China tensions. Dealmaking in Asia remains subdued, prompting some American ...
Hong Kong spot crypto ETFs to start trading next week
Hong Kong-listed spot bitcoin and ether exchange traded funds aim to start trading by the end of April, three companies that provide the products said in separate statements on Wednesday. The products ...
Google-Backed AI Firm Is Hong Kong’s Latest Stock Debut Flop
Mobvoi Inc., a Chinese artificial intelligence developer backed by Alphabet Inc.’s Google, dropped as much as 22% in its first day of trading in Hong Kong, marking the third stock debut to flop in the city this week.
Google-backed Chinese AI company Mobvoi sees stock tumble in Hong Kong IPO – report
Chinese AI company Mobvoi fell up to 22% on its IPO in Hong Kong on Wednesday, marking the third stock to tumble on debut in the city this week, Bloomberg News reported. Beijing-based Mobvoi, which is ...
Fraudsters offer to pay big for second-hand clothing in latest ruse to scam Hong Kong residents out of money
Criminals create deceptive webpages advertising lucrative offers for doorstep collection of used clothing, but to make booking, residents must install malicious app that gathers personal data, police ...
Hong Kong investment bankers risk losing jobs as banks cut costs: report
An estimated 200 Hong Kong bankers reportedly lost their jobs in the past year, Bloomberg Intelligence senior analyst Francis Chan wrote in a report. ALSO READ: China investment banks report dismal ...
Hong Kong accounting industry grows as ESG, Greater Bay Area opportunities draw young professionals: HKICPA president
ESG reporting and the Greater Bay Area offer opportunities for young accountants, and the IPO market is set to recover, new HKICPA president Roy Leung says.
Hong Kong’s economy grew between 2.5% and 3.5% in first quarter, Paul Chan says
Finance chief says property and stock markets still under pressure amid geopolitical tensions, urges investment in green development and digital economy to drive growth 'Economic growth in first ...
China Market Update: Strategist Upgrades Maintain Hong Kong’s Rise
Hong Kong’s most heavily traded stocks by value were Tencent, which gained +3.75% after purchasing another 3 million shares, Meituan, which gained +7.95% after purchasing 4 million shares, Alibaba, ...
Hong Kong’s bubble tea IPO flop is a sign of the market times
The bursting of Chabaidao’s bubble will now set the tone for the Hong Kong IPO market in the coming months. During a time of high competition for scarce funds, heading to market ahead of its rivals ...
Hong Kong has to ensure the talent it attracts stays
Top Talent Pass Scheme drew nearly 46,500 successful applicants in the past financial year, and they must be encouraged to put down roots so local people can also benefit.
Another Chinese Beverage Company Pushes to Revive Hong Kong Market with Billion Dollar IPO
Advised by Clifford Chance, Jingtian & Gongcheng and Harneys, China Resources Beverage has filed for a listing on the Hong Kong Stock Exchange.