hong kong

Commodities

China rare earth firm JL MAG slumps 17% in Hong Kong trading debut

The shares were sold at the bottom of the marketed range in what is the biggest offering so far this year in HK.

China Focus

Subtle word choice in China IPO rules revives hope for Hong Kong

The wording has revived hopes that Hong Kong listings won’t automatically undergo a formal data security review.

China Focus

China may seek cyber check for HK listings of firms holding data

Firms holding data of more than 1 million users must undergo cybersecurity approval when seeking listings in other nations

Finance

Global banks increase pressure on Hong Kong to ease strict Covid-19 restrictions

A survey found almost 50% of major international banks and asset managers are looking to move staff or functions out of the city
Hong Kong's IPO market withers as billion-dollar listings lapse - THE EDGE SINGAPORE

IPO

Hong Kong's IPO market withers as billion-dollar listings lapse

With US$37.7 billion raised so far, this year is on track to be one of the best of the last decade.

Global Economy

Hong Kong's future is brighter than many think

Despite challenges faced, Hong Kong is more than likely to remain one of the world’s pre-eminent hearts of commerce.
Hongkong Land buys back more shares, brings total to 2.13 million - THE EDGE SINGAPORE

Buybacks

Hongkong Land buys back more shares, brings total to more than 2 million

Thus far, Hongkong Land has been buying back at between US$4.31 and US$4.54.

Results

Jardine Matheson narrows losses to US$117 million, maintains interim dividend at 44 US cents

Net asset value as at June 30 was US$94.17 per share
Hongkong Land 1HFY2021 US$865 million in the red, on further revaluation losses - THE EDGE SINGAPORE

Results

Hongkong Land 1HFY2021 US$865 million in the red, on further revaluation losses

The company is keeping its dividend of 6 US cents per share

Global Markets

Hang Seng slumps 20% from Feb peak, poised for bear market

Recent declines are unsustainable and the market will stabilize quickly, the Securities Daily reported, citing fund managers
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