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Tag: Hong Kong

Posted on April 29, 2024

Chinese property developer Kaisa’s liquidation hearing adjourned to May 27

Shares of Kaisa jumped 23% on Monday, in line with the performance of other property peers. Hong Kong’s Hang Seng Mainland Properties Index (.HSMPI) , opens new tab firmed 5.6%, while mainland China’s …

( read original story …)



Posted on April 29, 2024

Singapore bankers took home less than their Hong Kong peers in 2023: Report

Globally, the average bonuses for all financial services professionals were up by 4.9 per cent in 2023. Read more at straitstimes.com.
Posted on April 27, 2024

Pace of Hong Kong’s economic recovery may need to be re-evaluated but no drastic changes to forecasts, finance chief Paul Chan says

Hong Kong’s finance chief has warned of a need to re-evaluate the pace of economic recovery in the city amid possible delays to US interest rate cuts, but added that there will not be any drastic …

( read original story …)



Posted on April 27, 2024

Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news

Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role …
Posted on April 27, 2024

Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news

Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role …
Posted on April 27, 2024

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst

James Seyffart, senior ETF analyst at Bloomberg Intelligence, noted a “potential fee war” unfolding between issuers, with Harvest waiving all fees for the first six months. After the initial period, …
Posted on April 27, 2024

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst

James Seyffart, senior ETF analyst at Bloomberg Intelligence, noted a “potential fee war” unfolding between issuers, with Harvest waiving all fees for the first six months. After the initial period, …
Posted on April 27, 2024

Is There Light at the End of the Tunnel for Hong Kong?

Proposed regulatory changes are welcome news for the city’s stock market, but they probably aren’t enough.
Posted on April 27, 2024

Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation

KB, Shinhan, Hana, Woori and NongHhyup — have set aside a total of nearly 1.7 trillion won ($1.2 billion) in reserve for the compensation of losses related to the misselling of equity-linked …
Posted on April 27, 2024

Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation

KB, Shinhan, Hana, Woori and NongHhyup — have set aside a total of nearly 1.7 trillion won ($1.2 billion) in reserve for the compensation of losses related to the misselling of equity-linked …

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