Citic Securities Co.’s dream of going toe-to-toe with Wall Street’s powerhouses in global finance is fizzling over troubles at its once free-wheeling Hong Kong operations. CLSA, acquired by Citic a …
China Stock Rally Extends on Tech Gains, Property Measures
Chinese stocks listed in Hong Kong rose to a five-month high, buoyed by a rally in tech shares and measures to ease liquidity stress at some of the nation’s too-big-to-fail developers.Most Read from …
China Shares Extend Gain on Tech Rally, Property Rescue Measures
Chinese stocks listed in Hong Kong climbed to a five-month high, buoyed by a rally in tech shares and measures to ease liquidity stress at some of the nation’s too-big-to-fail developers.Most Read …
Investment firm for biodiversity launches in Indonesia
Terratai aims to address a gap in the conservation finance ecosystem in Asia. Backed by Hong Kong-based RS Group, it is being led by former Wildlife Conservation Society executive Matthew Leggett.
China’s reopening is an economic tide that will raise boats across Asia
China’s Covid-19 setbacks are temporary. Its reopening will boost demand for commodities, tourism and luxury goods, lift stock prices and support Asian currencies and economies, especially Hong Kong’s …
Hong Kong IPO market outlook bright in 2023 as listing reforms to attract tech, international firms, analysts say
Tech listing reforms and a push to attract international firms will draw more IPOs to Hong Kong in 2023, UBS banker says Analysts are optimistic that Hong Kong could move up on the IPO fundraising …
Hong Kong business group warns of long road ahead after Covid-19 shift
A Hong Kong foreign business group warned the city still faces challenges in trying to revive its reputation as a global financial hub. Read more at straitstimes.com.
China Evergrande: receivers plan to add value, boost appeal to Hong Kong tower for next auction
The receivers are hoping stronger buyers will emerge to snap up the trophy building, as they add value by bringing in new tenants and extending current leases.
China Gives Hong Kong Leader Power to Bar Overseas Lawyers in National Security Cases
The use of foreign lawyers by both prosecutors and the defence have long been part of the former British colony’s rule of law traditions. The move comes after a Hong Kong court this month postponed a national security trial against media tycoon and China critic Jimmy Lai to September,
Hong Kong government tightens residential land supply amid faltering property market
The Hong Kong government will only sell one plot of residential land in the final three months of the current financial year as it withholds land sales amid falling property prices.