Star China banker’s disappearance made his firm a buyout target
Star banker Bao Fan’s boutique investment bank China Renaissance Holdings has drawn interest from a Hong Kong-based financial group and a couple of small Chinese brokerages.
Hong Kong stocks slip from 3-week high before Alibaba earnings report
Hong Kong stocks retreat after rising to the highest since January 11 as investors look to Alibaba’s earnings to add to other recent bullish report cards.
Hong Kong stocks retreat after rising to the highest since January 11 as investors look to Alibaba’s earnings to add to other recent bullish report cards.
China market regulator’s rescue act seeks to guard financial and social stability
China’s securities regulator rolls out a slew of measures in a bid to reverse a stock market rout that is seen threatening the financial system and posing a risk to social stability.
China’s securities regulator rolls out a slew of measures in a bid to reverse a stock market rout that is seen threatening the financial system and posing a risk to social stability.
Global funds, Wall Street snub China for India in a historic markets shift
‘People are interested in India for several reasons, one is simply it’s not China,’ says Vikas Pershad, a money manager at M&G Investments in Singapore. ‘There’s a genuine long-term growth story here.’
‘People are interested in India for several reasons, one is simply it’s not China,’ says Vikas Pershad, a money manager at M&G Investments in Singapore. ‘There’s a genuine long-term growth story here.’
China intervenes in market as regulator steps up scrutiny of stock rout
A bull market is vital for China’s slowing economy because stock valuation has slumped to about 54 per cent of national output, from a record 79 per cent in 2021.
A bull market is vital for China’s slowing economy because stock valuation has slumped to about 54 per cent of national output, from a record 79 per cent in 2021.
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Hong Kong, mainland China stocks surge on market intervention, measures to stem rout
Hong Kong stocks jumped by the most since July while onshore equities logged a historic gain. Market regulator in Beijing pledged fresh measures to stop the rot, and the sovereign wealth fund made its market intervention public.
Bay area property payments about to get easier for Hong Kong, Macau buyers
Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase property in the Greater Bay Area.
Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase property in the Greater Bay Area.
Hong Kong wants crypto investors to remain wary as exchanges rush for licence
The SFC issued a notice on Monday reminding investors that a number of new licence applicants are not yet approved and pose risks.
The SFC issued a notice on Monday reminding investors that a number of new licence applicants are not yet approved and pose risks.
Hong Kong stocks fall as mood soured by lack of support measures, geopolitics
Hong Kong stocks fell on Monday, after the CSRC’s pledge to rein in wild fluctuations in the stock market did not include details as to how it will revive investor confidence. US Presidential hopeful Donald Trump’s threat that he may levy further tariffs on Chinese goods added to the gloom.
Hong Kong stocks fell on Monday, after the CSRC’s pledge to rein in wild fluctuations in the stock market did not include details as to how it will revive investor confidence. US Presidential hopeful Donald Trump’s threat that he may levy further tariffs on Chinese goods added to the gloom.
Appotronics, BYD supplier of laser display tech, looks to boost production
A new facility focusing automotive optics business will begin production at the end of 2024, the Shenzhen-based company says.
A new facility focusing automotive optics business will begin production at the end of 2024, the Shenzhen-based company says.
Yum China, Haidilao are top picks at Morningstar, Essence on consumption play
Chinese restaurant chain operators are grossly underpriced in the stock market, and they are set to expand their dominance as consumption rebounds, analysts say.
Chinese restaurant chain operators are grossly underpriced in the stock market, and they are set to expand their dominance as consumption rebounds, analysts say.
Star Chinese fund manager Wang Yawei steps down from daily management
A statement by Qianhe Capital cites ‘personal reasons’ for Wang’s move and says the company has ‘ample liquidity’.
A statement by Qianhe Capital cites ‘personal reasons’ for Wang’s move and says the company has ‘ample liquidity’.
Peak distress: Hong Kong luxury property owners turn to pricey private loans
Cash-strapped owners are taking out loans with rates of up to 29 per cent, with luxury properties in areas like The Peak and Repulse Bay as collateral.
Cash-strapped owners are taking out loans with rates of up to 29 per cent, with luxury properties in areas like The Peak and Repulse Bay as collateral.
Hong Kong stocks surrender rally as WuXi Bio slumps 21% while Tencent, Li Auto gain
Stocks declined, capping another week of losses, after WuXi Biologics suffered another major plunge. Market surrendered an earlier rally fuelled by favourable Beijing policy and robust EV deliveries in January.
Stocks declined, capping another week of losses, after WuXi Biologics suffered another major plunge. Market surrendered an earlier rally fuelled by favourable Beijing policy and robust EV deliveries in January.
Chinese EV builders Li Auto, Xpeng and Nio get 2024 off to a slow start
Mainland Chinese EV builders’ 2024 has got off to a bumpy start, after car deliveries dropped sharply amid mounting concerns about a slowing economy and job losses.
Mainland Chinese EV builders’ 2024 has got off to a bumpy start, after car deliveries dropped sharply amid mounting concerns about a slowing economy and job losses.
Hong Kong stock market in for a topsy-turvy ride in Year of the Dragon: CLSA
Hong Kong’s stock market could see a roller-coaster ride full of turbulence and drama as a ‘groggy dragon stumbles out of its cave’, according to CLSA’s tongue-in-cheek predictions.
Hong Kong’s stock market could see a roller-coaster ride full of turbulence and drama as a ‘groggy dragon stumbles out of its cave’, according to CLSA’s tongue-in-cheek predictions.
Hong Kong airport authority’s US$640m retail bonds for new runway oversubscribed
The 4.25 per cent, 2.5-year bonds were oversubscribed more than three times, totalling HK$15.69 billion (US$2 billion) from 175,178 applications.
The 4.25 per cent, 2.5-year bonds were oversubscribed more than three times, totalling HK$15.69 billion (US$2 billion) from 175,178 applications.
South Korean memory chips lift national exports in a strong start to 2024
South Korea’s headline exports rose 18 per cent in January, beating expectations, on the back of strong memory chip exports, which leapt 56.2 per cent.
South Korea’s headline exports rose 18 per cent in January, beating expectations, on the back of strong memory chip exports, which leapt 56.2 per cent.
Hong Kong stocks snap 2-day drop on China data as traders eye Fed easing in May
Stocks recovered from a 9.2 per cent sell-off in January as traders raised bets for a US rate cut to early May. Alibaba Group, JD.com and Tencent led the rebound.
Stocks recovered from a 9.2 per cent sell-off in January as traders raised bets for a US rate cut to early May. Alibaba Group, JD.com and Tencent led the rebound.
Hong Kong banks hold rates steady as Fed keeps options open on cuts
The banks’ decisions followed the Hong Kong Monetary Authority (HKMA), which left the city’s base rate at 5.75 per cent hours after the Fed kept its target range unchanged in its first policy move of the year.
The banks’ decisions followed the Hong Kong Monetary Authority (HKMA), which left the city’s base rate at 5.75 per cent hours after the Fed kept its target range unchanged in its first policy move of the year.
