The Mandatory Provident Fund is on course to report its first loss since 2018 due to a slump in the Hong Kong and mainland equity markets. ( read original story ...)
Enormous potential for cat bonds in Greater Bay Area: Hong Kong’s Carrie Lam
Carrie Lam, Chief Executive of the Government of Hong Kong, sees "enormous potential" for catastrophe bonds and insurance-linked securities (ILS) to ... ( read original story ...)
HSBC buys L&T’s investment management unit for Rs 3,200 crore
Overall, India is one of the bank’s largest markets and its made just over Rs 75,11 crore in the country in 2020, making it the lender’s third largest Asian profit center after Hong Kong and mainland ... ( read original story ...)
PwC Hong Kong Goes Metaverse
PwC Hong Kong joins a growing list of mainstream players entering the metaverse by buying LAND in The Sandbox. ( read original story ...)
Desun Real Estate Investment Services Group Co., Ltd. Listed on the Hong Kong stock market on December 17
Desun Real Estate Investment Services Group Co., Ltd. (Desun Services) (02270.HK), formally debuted on the Hong Kong stock market on December 17. ( read original story ...)
Miniso weighs a 2022 IPO in Hong Kong as more US-listed Chinese stocks return to Asia
As Sino-US tensions simmer and threaten to block Chinese companies’ access to US capital markets, some of them are seeking a foothold back home as a hedge against risks. ( read original story ...)
Alibaba-Backed RoboSense Selects JPMorgan For Hong Kong IPO
Alibaba Group Holding Ltd (NYSE: BABA)-backed RoboSense, a Chinese developer of sensor technologies used in self-driving cars, looks to work with JPMorgan Chase & Co on its proposed Hong Kong initial ... ( read original story ...)
Markets 2021: Stocks soar, IPOs explode, crypto goes wild
Wall Street delivered another strong year in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits ... ( read original story ...)
Hong Kong to let MPF invest in China sovereign, policy bank bonds
Hong Kong will allow the Mandatory Provident Fund to invest in China’s sovereign and policy bank bonds. Each of the roughly 320 MPF funds will be able to allocate up to 30% of their total assets to an ... ( read original story ...)
HSBC to acquire L&T Investment Management
Private Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has entered into an agreement with L&T Finance Holdings Limited (LTFH) to fully acquire L&T Investment Management Limited ... ( read original story ...)
Slow down to see the real Hong Kong
The ‘Hearts in Motion Ding! Ding! Ding!’ programme offers free tram tours to disadvantaged members of the community that showcase Hong Kong’s history and culture while educating participants about the ... ( read original story ...)
HSBC Buys India’s L&T Investment Management for $425 Million
HSBC Holdings Plc has said it will buy the investment management unit of India’s L&T Finance Holdings Ltd, the latest push to build up the Asian wealth and investment business that is at the forefront ... ( read original story ...)
SenseTime’s Hong Kong IPO oversubscribed, minus American investors after US sanctions
The quick relaunch and the oversubscription proves the resilience of Hong Kong’s IPO market when it’s faced with US sanctions, Hong Kong’s brokers said. ( read original story ...)
Chinese IPOs: New York’s loss will be Hong Kong’s gain
Hungry for capital, they will turn to the equity markets for succour. If Hong Kong does not have a standout 2022, with innovative mainland firms flocking to the offshore financial centre to raise ... ( read original story ...)