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Hong Kong dollar strongest since 2021 on record funding costs
THE Hong Kong dollar climbed to its strongest level in three and a half years, thanks to a year-end surge in demand that pushed the currency’s short-term borrowing costs...
Hong Kong IPO market stages comeback after dismal 2023
INVESTORS in the Hong Kong initial public offering (IPO) of Chinese cosmetics firm Mao Geping Cosmetics received an early Christmas present on Dec 10 when the company made its...
Hong Kong IPO market stages comeback after dismal 2023
INVESTORS in the Hong Kong initial public offering (IPO) of Chinese cosmetics firm Mao Geping Cosmetics received an early Christmas present on Dec 10 when the company made its...
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per shareOCBC has agreed to sell its entire stake in Hong Kong...
China’s wild markets send Hong Kong derivatives to third record year
FOR a third year in a row, trading of derivatives in Hong Kong has hit a record. More than 377 million futures and options have changed hands on the...
Singapore pulls ahead of Hong Kong in race to be crypto hub
SINGAPORE forged ahead with efforts to formulate a digital assets hub in 2024, while rival financial centre Hong Kong has struggled to gain traction.Singapore doled out 13 crypto licenses...
Chinese investors buy record amount of Hong Kong stocks via link
MAINLAND Chinese investors snapped up a record amount of Hong Kong stocks as they ramped up exposure to risk assets in the city amid a revival of animal spirits...