While ringleaders are believed to have fled, police have taken 11 people into custody as they seek to piece evidence together Suspects include social media influencer, YouTubers, director of ...
Financial secretary Paul Chan meets Bank of England governor and other top figures in London, despite frosty Hong Kong-UK relations
Paul Chan and Bank of England governor discuss interest rates, inflation trends, global economic outlook and areas such as financial regulation in London.
Alibaba’s Cainiao plans to raise at least US$1 bil in Hong Kong IPO soon
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...
UPDATE 1-China’s Neusoft Xikang becomes 3rd HK IPO this week to price shares at low end – source
SYDNEY, Sept 22 (Reuters) - China’s Neusoft Xikang will price its shares at HK$4.76 (61 U.S. cents) each to raise $81.5 million in an Hong Kong initial public offering (IPO), said a person with direct ...
Midea Group, China’s world-beating home appliances giant, to file for US$1 billion Hong Kong IPO next month, sources say
Midea Group, China’s world-leading home appliances giant, plans to file its listing application in Hong Kong as early as next month, which could raise more than US$1 billion in proceeds, people ...
Alibaba, AIA, HSBC lead losses in Hong Kong, volume sinks as Fed’s hawkish pause adds to stock, yuan misery
Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with tightening this year. Market turnover approaches a ...
HSBC to make $1 billion in funding available to climate-tech startups
A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu/File Photo ...
BOCHK Hong Kong dollar interest rates stay the same
Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate. Bank of China (Hong Kong) has announced that its Hong Kong Dollar (HKD) prime rate and savings deposit rate remain ...
Alibaba, Tencent HSBC lead losses in Hong Kong stocks as Fed’s hawkish pause adds to market misery
Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with rate tightening this year, ...
HSBC Buys back Nearly 4.24M Shrs for $244M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.2398 million shares of the company at HKD244 million yesterday (6th) in the UK and HK markets.Among which, 2.315... HSBC HOLDINGS ...
Beijing Fourth Paradigm to Price Hong Kong IPO at Low End of Range -Source
SYDNEY (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023 billion ($131 million), ...
Yeah about that open IPO window
Moreover, the three IPOs enjoyed crackerjack debuts, with Arm closing up 25 per cent on the first day of trading, Instacart popping 43 per cent at the opening on Tuesday, and Klaviyo soaring as much ...
Alibaba, AIA, HSBC lead losses in Hong Kong market as Fed’s hawkish pause adds to stock, yuan misery
The city's stock benchmark falls, adding to a 4 per cent loss this month, as global funds rue the tougher market outlook The Fed paused on its policy tightening cycle overnight, as most meeting ...
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse's securities research unit, two sources with direct knowledge of the matter said, as the two Swiss banking giants move ...