A potential investor was told the fund’s investments would be diversified and remain flexible amid market volatility.
The Shanghai-based company is selling 13 million shares at HK$18 each, with trading to start on May 7.
A PUFG case comes up short in a test of the keepwell structure’s ability to address subordination risk in a default, S&P says.
23 Apr 2025 - 11:00AM videocam
US Treasuries’ performance fell 2.4 per cent in the week to April 11, the most for a five-day period since 2001.
Moody’s has developed 35 AI-driven agents with specific instructions, personalities and access to data and research to perform different tasks.
21 Apr 2025 - 11:30AM videocam
A survey found that 42 per cent of Hongkongers use Alipay and 22 per cent use Apple Pay, but credit cards are likely to remain relevant.
Government policies and planned marina will make the city a centre for the industry’s growth, experts say.
The China-US tariff war underscores Hong Kong’s soundness as a stable destination for wealthy families’ investments, Paul Chan says.
Conversations around diversification and hedging have grown since US tariffs became a reality, Deutsche Bank executive says.
China’s economy grew 5.4 per cent in the first quarter, exceeding Bloomberg’s estimates of 5.2 per cent.
16 Apr 2025 - 4:33PM videocam
While a bear market rally can occur, it will not last and it is too early to buy the dip, according to strategists at BCA Research.
9 Apr 2025 - 2:50PM videocam
Bank’s private-wealth division helps clients navigate ‘high degree of complexity’ in the world’s second-largest art market.
The latest effort by Chinese officials to stimulate the economy ‘seems to resonate with emerging-market investors’, analysts say.
Third time could be the charm for JD.com’s industrial unit, which may raise up to US$1 billion amid improved sentiment, a source says.
Bosera HKD Money Market ETF and USD Money Market ETF, which have been approved by the SFC, are set to launch in April.
US car tariffs’ impact on the US stock market have brought about a correction in Hong Kong, Kingston Securities’ Dickie Wong says.
The CEO of Ark Investment says the market will help propel a near 10-fold jump in Tesla’s share price to US$2,600 in five years.
The deal comes amid a buoyant Asian bond market as risk sentiment remains steady ahead of further US trade tariffs, according to analysts.
The cross-border scheme for wealth-management products could also expand to mainland investors beyond the Greater Bay Area, Eddie Yue says.
‘People are talking literally about US$500 billion, several US$100 billion [projects]. I don’t think that is entirely necessary,’ Tsai says.
25 Mar 2025 - 5:11PM videocam
Hong Kong’s stock market has a lot of room to expand as many companies are planning IPOs, HSBC’s Asia and Middle East co-CEO David Liao says.
25 Mar 2025 - 1:39PM videocam
Asia-Pacific deal value rose 11 per cent to US$176 billion in 2024, according to Bain & Company.
The American tycoon spots potential for fintech, sports and entertainment expansion in Hong Kong and Macau.
The next wealth management centre will open in Central later this year, while the bank scouts for new locations in the city.
24 Mar 2025 - 7:42AM videocam
HKEX’s Bonnie Chan, SFC’s Julia Leung and Hang Seng Bank’s Diana Cesar talk about the school that shaped their worldwiew and beliefs.
23 Mar 2025 - 10:00AM videocam
‘This year marks the beginning of a new product cycle for our three brands,’ says founder, chairman and CEO William Li Bin.
Futu Securities, the city’s biggest online broker, said the SFC directive might cool the IPO market frenzy a bit.
Nine of the top 20 global centres maintained their ranking, suggesting confidence in the financial sector amid slow economic growth.
20 Mar 2025 - 9:38PM videocam
The carmaker expects revenue to increase by up to 140 per cent from a year earlier in the first quarter.
Wider losses in 2024 partly due to smaller one-off gain from onshore debt restructuring exercise compared with a year earlier.