This is the sixth and final part of the exclusive Capital Connectors series in which influential Chinese and global bankers reveal the opportunities and challenges for Hong Kong in its evolution as an international financial hub. If history serves as a guide, Hong Kong’s continued reign as a premier international financial centre depends on a…
In the Capital Connectors series, exclusive interviews with six influential Chinese and global bankers reveal the opportunities and challenges for Hong Kong in its evolution as an international financial hub. Hong Kong has become the fundraising venue of choice for Chinese technology giants, surpassing the US thanks to growing liquidity, market reforms and proximity to…
The Shanghai Composite index was barely changed, holding at 3,510.18. (Reuters pic) HONG KONG: China stocks gave up most of their gains and closed flat today, weighed down by a drop in bank shares, while Hong Kong shares held on to gains after a Goldman upgrade. At market close, the Shanghai Composite index was barely…
Chinese battery giant CATL was among the new listings on the Hong Kong Stock Exchange, with PwC saying the city was expected to be the IPO leader this year (Peter PARKS) Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and trade tariffs, accountancy giant PwC…
(Bloomberg) — For stock traders in Hong Kong, Monday’s mayhem was one for the history books. Most Read from Bloomberg As the global market meltdown worsened on Monday, the tumult in Hong Kong stood out. The city’s benchmark Hang Seng Index plunged 13%, the most since 1997, with the session concluding with the highest equity…
Hong Kong’s capital market is living up to its role as a “superconnector” between global fund managers and mainland China’s financial markets, with Alibaba Group Holding’s upgraded listing status benefiting investors on both sides of the playing field. Since joining the Stock Connect scheme on September 10, onshore investors have collected 4 per cent of…
Wealth management and family offices will be a major growth engine for Hong Kong, as many prominent clans in Asia have shown an interest in setting up entities to manage their fortunes, according to Deloitte’s regional head. Dennis Chow Chi-in, Asia-Pacific chairman of the accounting and consulting firm, believes this will mainly be down to…
We recently compiled a list of the Top 10 AI News Updates This Weekend. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other AI stocks. According to JP Morgan, the S&P will propel to new heights this New Year, and artificial intelligence is one of…
The stock market’s feverish rally following Donald Trump’s presidential election victory may have just been an early appetizer for a strong few months of gains. “Exuberance lies ahead,” Julian Emanuel, who leads the equity, derivatives, and quantitative strategy team at Evercore ISI, wrote in a note to clients Wednesday night. “President-Elect Trump will move fast…