Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out…

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Alibaba raises US$5 billion from dual-currency bond issue, boosting Hong Kong’s hub status

Alibaba raises US$5 billion from dual-currency bond issue, boosting Hong Kong’s hub status

Alibaba Group Holding raised US$5 billion from a multi-tranche dual-currency bond offering, the Chinese e-commerce giant said on Wednesday, an initiative that looks to enhance Hong Kong’s role as an international financial centre. The company’s latest bond offering reflects efforts by the mainland and Hong Kong to bolster the city’s financial standing, including its function…

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