BOC Hong Kong fell 2.01 percent, Ping An Insurance slid 1.59 percent, CNOOC dipped 1.50 percent, AIA Group slipped 1.30 percent, Industrial and Commercial Bank of China sank 1.27 percent, Hong Kong & ... ( read original story ...)
Huawei summit, Hang Seng Tech Index launch and Apple Q3 results
The Stock Exchange of Hong Kong will begin showing off its new lineup ... The index, created by a unit of Hang Seng Bank, is intended to serve as a basis for the creation of new funds and ... ( read original story ...)
How to use ETFs to play Ant Group’s historic Shanghai-Hong Kong dual listing, possibly one of the biggest IPOs ever
ETF analysts share some ways U.S. investors can get in on Alipay parent Ant Group's upcoming dual listing in Shanghai and Hong Kong. ( read original story ...)
Berkshire adds to BofA stake; global banks conform to new Hong Kong reality
The bank was told to widen its capital buffer last month after ... “Western banks appear to be bending to the new reality” in Hong Kong, where China is tightening its grip following imposition of a ... ( read original story ...)
Red capital: how Chinese companies wield political influence in Hong Kong
The US removal of Hong Kong's special economic status is partly a response to China's growing use of businesses there to exert its power. ( read original story ...)
Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank”, SZ ... ( read original story ...)
Hong Kong Stock Market Draws A Red Light For Friday
BOC Hong Kong surrendered 0.45 percent, CITIC advanced 0.40 percent, Galaxy Entertainment added 0.39 percent, Henderson Land dropped 0.34 percent, Ping An Insurance sank 0.29 percent, New World ... ( read original story ...)
Ant Group is taking its IPO to Hong Kong and Shanghai. Why is it skipping New York?
So Ant Financial probably has made a strategic calculation that this is going to be just fine, at least for now, the dual listing in Shanghai and Hong Kong. And the investors are going to find them. ( read original story ...)
China Fortifies Hong Kong’s Role as Financial Powerhouse
China’s tightening grip on Hong Kong has some in the West predicting the city’s days as a global financial center are numbered. Beijing, however, is betting the former British colony will grow into a ... ( read original story ...)
Hong Kong protests: bank manager gets 100 hours of community service for shining laser beams at police
Kwok Fu-wah, 37, admitted to have shone flashlights at police vehicles and officers of Tseung Kwan O Police Station on New Year’s Day. ( read original story ...)
HSBC and Hong Kong’s Dollar Peg Face a Reckoning
Toilet paper shortages have been a reliable milestone of the city’s destiny as a financial center. We may be at one again. ( read original story ...)
China’s Lufax seeks U.S. IPO as early as this year: sources
Lufax, one of China's largest online wealth management platforms backed by financial giant Ping An Insurance Group , is seeking a U.S. initial public offering as early as this ... ( read original story ...)
Hong Kong reports record daily rise in coronavirus cases
Hong Kong reported 113 new coronavirus cases on Wednesday, a daily record, including 105 that were transmitted locally, adding to a slew of new cases which have hit the global financial hub over the ... ( read original story ...)
Hong Kong banking, postal, and Inland Revenue services reduced starting July 20
The government has announced new measures effective from today, July 20, that affect Hong Kong’s postal service, including the temporary closure of post offices, the reduction of mail delivery to ... ( read original story ...)