Asian markets fell Monday in holiday-thinned trade, dragged by a range of issues including the Federal Reserve's plans to taper monetary policy, surging Delta infections, China's regulatory crackdown ... ( read original story ...)
DBS Bank Hong Kong crowned king at PR Awards
The competition was incredibly tight with close to 270 entries across 30 categories and a total of 99 trophies awarded to the leading brands and agencies across the regions at the ceremony. ( read original story ...)
Hong Kong Shares Tipped To Open In The Red On Monday
The Hong Kong stock market on Friday wrote a finish to the four-day losing streak in which it had plummeted more than 1,530 points or 6 percent. The Hang Seng Index now sits just above the ... ( read original story ...)
Hong Kong’s homebuyers defy banks’ jitters in snapping up flats built by little-known developer in fourth straight sell-out weekend
More property buyers are rushing into the market to get ahead of rising prices and potentially higher mortgage rates as the local monetary authority is expected to raise interest rates in lockstep ... ( read original story ...)
Qianhai red tape: relief coming for Hong Kong businesses, but opening mainland Chinese bank accounts still a hassle
Shenzhen Qianhai Authority will offer some services at Admiralty office, and pledges to work on businesses’ complaints that opening a mainland bank account takes too long. ( read original story ...)
King & Wood Mallesons Advises on US$1.3B Hong Kong IPO As Market Lulls
King & Wood Mallesons, C&T Partners and Clifford Chance are advising on Dongguan Rural Commercial Bank’s US$1.3 billion Hong Kong IPO, a deal that could revive a tepid third quarter. ( read original story ...)
Podcast Leader Ximalaya Mounts New IPO Bid Closer to Home in Hong Kong
Ximalaya’s ditching of its New York listing plan in favor of Hong Kong could mark the start of a new trend for Chinese tech firms that previously favored the ... ( read original story ...)
US sanctions seven Hong Kong-based companies over Iran, Hezbollah
The designations came as part of a broader action by the US Treasury Department that targeted Lebanon and Kuwait-based financial conduits that fund the Lebanese Shiite group Hezbollah as well as ... ( read original story ...)
Hong Kong Proposes New Listing Regime for SPACs With Tight Restrictions
Hong Kong on Friday proposed changing its rules to allow SPACs to list, but with tighter restrictions than elsewhere as it becomes the latest to tap the desire for such investment vehicles even as the ... ( read original story ...)
HK finance secretary has high hopes for city’s future
Hong Kong Financial Secretary Paul Chan Mo-po is confident Hong Kong has a vital role to play in the 14th Five-Year Plan period (2021-25), from offshore Renminbi center to promoting the city's bond ... ( read original story ...)
Hong Kong proposes SPAC listings, but only for professional investors
Hong Kong Exchanges & Clearing, Asia's busiest stock exchange, has outlined plans to allow the listing of blank-check shell corporations whose global popularity has soared over the past year, just two ... ( read original story ...)
China Link Gives Hong Kong a Boost in Bond Trading
The southbound Bond Connect is the latest example of how Beijing is supporting Hong Kong as a financial hub, even as it asserts tighter political control. ( read original story ...)
Financial leaders meet
The Financial Leaders Forum chaired by Financial Secretary Paul Chan holds its 17th meeting and discusses the latest developments of the insurance-linked securities business in Hong Kong. ( read original story ...)
Investors should shift focus to Japan from Hong Kong and Chinese markets: Strategist
Don't fight China's government objectives, says Suresh Tantia from Credit Suisse. He advises investors to invest in line with Beijing's goals, and recommends betting on Japan instead. ( read original story ...)