|
|
|
23.09.26 - 11:06
|
Hong Kong unveils gold, bond and liquidity plans to drive next phase of yuan adoption (SCMP)
|
|
|
Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the city's de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency's internationalisation, speakers at a banking summit said on Wednesday.
“We have recently reactivated our gold contract in the US dollar. But in the future, perhaps sometime early next year, we will be coming up with a......
|
|
|
|
|
|
|
23.09.26 - 07:06
|
Chinese maker of robot-vacuum sensors launches Hong Kong IPO, undeterred by US ban (SCMP)
|
|
|
Shenzhen Camsense Technologies, a maker of spatial sensors for robotic vacuum cleaners, launched a Hong Kong initial public offering (IPO) that aims to raise about HK$680 million (US$86.7 million), despite headwinds from Washington's recent import ban on foreign-made vacuum robots.
“The export and procurement for our existing client products remain normal, with potential disruption limited to new product development schedules,” Camsense co-founder Zhou Kun said about the ban's impact. “We have......
|
|
|
|
|
23.09.26 - 06:00
|
Hong Kong energised as global investment hub for green technology (SCMP)
|
|
|
Record-breaking heat, devastating droughts, deadly wildfires and heavy rain and severe floods around the world over recent months have sparked a new urgency in the search for practical solutions to climate change.
The challenge for governments is not only to generate cleaner sources of power, but also to use safer and more efficient energy technologies and storage systems that are affordable and scalable so they can have a global impact.
Hong Kong is increasingly positioning itself as an......
|
|
|
22.09.26 - 11:30
|
Hong Kong regulators to flesh out new yuan strategy after Beijing meetings (SCMP)
|
|
|
Beijing and Hong Kong are laying the groundwork for a new phase of offshore yuan development and other goals after the city unveiled its first five-year plan, with banking and securities regulators set to provide more details on Wednesday.
The city's market regulator, the Securities and Futures Commission (SFC), would outline further details of the blueprint, chairman Kelvin Wong Tin-yau said on Monday.
Hong Kong Monetary Authority chief executive Eddie Yue Wai-man is also expected to elaborate......
|
|
|
|
|
|
|
|
|
22.09.26 - 08:36
|
Hisense unit leaps in Hong Kong debut amid rush of mainland Chinese corporate spin-offs (SCMP)
|
|
|
Television maker Hisense Group Holdings' optical communications unit made a strong debut in Hong Kong after raising HK$5.6 billion (US$714 million), adding momentum to a fresh wave of mainland Chinese conglomerates spinning off business units to tap overseas capital and support technology expansion.
Shares of fibre-optic communications equipment maker Ligent Technologies jumped as much as 19.2 per cent on Tuesday morning, valuing the company at more than HK$35 billion.
Following the initial......
|
|
|
22.09.26 - 06:24
|
Hong Kong stocks eye fresh inflows from mainland China′s insurers sitting on US$6 trillion (SCMP)
|
|
|
Hong Kong's stock market is getting a dose of optimism from mainland China's 41 trillion yuan (US$6.1 trillion) insurance industry, as some insurers are widely speculated to have bought exchange-traded funds (ETFs) in the city one month after regulators approved such purchases.
Market observers highlighted a spike in trading volume for several Hong Kong-listed ETFs on Monday as evidence of buying by the mainland insurance companies. The National Financial Regulatory Administration, the watchdog......
|
|
|
22.09.26 - 02:06
|
Despite higher costs, Hong Kong′s student residences attract mainland Chinese renters (SCMP)
|
|
|
Purpose-built student accommodation is drawing mainland Chinese university students away from Hong Kong's traditional rental market, as professionally managed residences gain favour despite charging higher rents than many private flats.
Some students said dedicated student housing offered greater convenience, stronger security, more predictable costs and a better living environment, helping offset higher rents and, in some cases, longer commutes.
Qi Zhonghao, a mainland Chinese student pursuing......
|
|
|
22.09.26 - 01:18
|
Ligent Technologies to Debut After $727 Million in Hong Kong IPO (Bloomberg)
|
|
|
AI computing networks maker Ligent Technologies Inc. is set to debut on the Hong Kong stock exchange on Tuesday after raising HK$5.7 billion ($727 million) in a initial public offering, adding to this year's stampede of companies capitalizing on the global artificial intelligence buildout....
|
|
|
21.09.26 - 19:06
|
US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong (ZeroHedge)
|
|
|
US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong
Authored by Luis Cornelio via Headline USA,
Lawmakers and the Trump administration are investigating the odd disappearance of a U.S.-bound shipment of F-35 fighter jet components from Australia, which were originally meant to be repaired on U.S. soil, according to new reporting by Politico.
The report, published Friday and citing three anonymous sources, noted that an intermediary was transporting the equipment on behalf of American defense manufacturer Lockheed Martin through the Pacific Ocean before it was diverted to Hong Kong.
The three unnamed sources suggested that neither the Pentagon nor Lockheed Martin knows why the shipment ended up in Hong Kong.
The current whereabouts of the components remain unknown, triggering concerns over whether China may have gotten its hands on them.
China, which has tightened its control of Hong Kong in recent years, has long sought to gather intelligence on the F-35 program.
The missing componen...
|
|
|
21.09.26 - 14:00
|
Hong Kong developer New World gets nod to spin off K11 Shanghai assets (SCMP)
|
|
|
New World Development (NWD) received the green light from the Shanghai Stock Exchange to spin off and list a Reit (real estate investment trust) on the bourse, according to the distressed developer controlled by one of Hong Kong's wealthiest families.
The expected offering size for the NWD C-Reit was about 3.82 billion yuan (US$570 million), from which the group's estimated net proceeds would be 3.24 billion yuan, Hong Kong-based NWD said in a statement on Monday. The underlying assets of the......
|
|
|
21.09.26 - 13:54
|
Hong Kong stock exchange moves to ease spin-offs and shareholder approval rules (SCMP)
|
|
|
The Hong Kong stock exchange has proposed easing requirements for listed companies to disclose corporate transactions and seek shareholder approval, while also making it easier for issuers to spin off businesses, according to a consultation paper released on Monday.
The 10-week consultation, which runs until November 30, proposes removing the profit test currently used to determine whether a transaction requires disclosure or shareholder approval. Companies would instead use market......
|
|
|
21.09.26 - 13:06
|
How Hong Kong is positioning for a bigger role in Asia′s family wealth transition (SCMP)
|
|
|
Hong Kong is strengthening its position as Asia's hub for family business succession and cross-border capital allocation as wealthy families navigate economic uncertainty and a generational transfer of wealth, financial regulators and industrial executives said on Monday.
Speaking at the South China Morning Post's Redefining Hong Kong: Next Generation Wealth Conference, Undersecretary for Financial Services and the Treasury Joseph Chan Ho-lim highlighted what he described as the city's unique......
|
|
|
21.09.26 - 10:30
|
Why a hawkish US Fed won′t derail Hong Kong′s property recovery (SCMP)
|
|
|
The Hong Kong Monetary Authority, the city's de facto central bank, probably anticipated the rise in US interest rates last week. However, it is unlikely it foresaw the extent to which the Federal Reserve shifted in a hawkish direction.
Even Fed watchers were surprised by the unanimous vote to increase borrowing costs and the unambiguous signal that the central bank plans to raise interest rates further in the coming months.
While the HKMA, which moves in lockstep with the Fed to safeguard the......
|
|
|
21.09.26 - 09:15
|
Aktien Asien: Gewinne zum Wochenstart - Feiertag in Tokio (DPA-AFX)
|
|
|
SEOUL/TOKIO/HONGKONG/SHANGHAI (dpa-AFX) - Die asiatischen Aktienmärkte haben zum Wochenauftakt dank sinkender Ölpreise und einer weiteren Erholung von Technologieaktien wie Samsung großteils zugelegt. Besonders deutlich ging es in Südkorea nach oben. ......
|
|