![‘There is nothing globally that even comes close to the pioneering and vital programmes of connectivity that [Hong Kong] has,’ says Aguzin, pictured in May. Photo: Elson Li](https://cdn.i-scmp.com/sites/default/files/styles/1200x800/public/d8/images/canvas/2023/07/04/26180eb1-f42e-4ea6-9a06-439b719688ea_d14231e6.jpg?itok=e-qiydG7&v=1688448137)
Super-connector Hong Kong’s ‘best days are ahead’, says HKEX boss Aguzin
The capital markets of Hong Kong and China must continue to open up and welcome foreign investors to participate in the schemes that link them, with the city playing a key role as a ‘super-connector’, financial and government leaders said at an event marking the sixth anniversary of Bond Connect.
Top Chinese banks offer 25-year loans to LGFVs to avert credit crunch
Top banks like ICBC and China Construction Bank are offering LGFVs loans with ultra-long maturities and temporary interest relief to prevent a credit crunch amid growing tension in the US$9 trillion debt market.
Top banks like ICBC and China Construction Bank are offering LGFVs loans with ultra-long maturities and temporary interest relief to prevent a credit crunch amid growing tension in the US$9 trillion debt market.
Most Hong Kong stocks advance as BYD rises while chip curbs unsettle AI firms
BYD advanced amid strong EV sales in mainland China, while Anta and sportswear makers also gained. Chip and AI firms struggled in the face of widening tech rivalry between China, the US and Europe.
BYD advanced amid strong EV sales in mainland China, while Anta and sportswear makers also gained. Chip and AI firms struggled in the face of widening tech rivalry between China, the US and Europe.
Bank of China pips HSBC in bond deals as Hong Kong IPOs face Sars-era slump
Investment bankers got busier arranging more bond deals in Hong Kong while the IPO market slumped to the lowest level since the severe acute respiratory syndrome or Sars struck the city in 2003.
Investment bankers got busier arranging more bond deals in Hong Kong while the IPO market slumped to the lowest level since the severe acute respiratory syndrome or Sars struck the city in 2003.
China’s deleveraging drive misguided, may rein in corporate earnings: Alpine
China’s corporate earnings have run below potential in the past decade due to a deleveraging campaign driven by the belief excess stimulus promoted indebtedness and in the absence of a reflationary push, bonds will continue to outperform stocks, Alpine Macro said in a report.
China’s corporate earnings have run below potential in the past decade due to a deleveraging campaign driven by the belief excess stimulus promoted indebtedness and in the absence of a reflationary push, bonds will continue to outperform stocks, Alpine Macro said in a report.
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Singapore’s OCBC Bank eyes expansion in China, Southeast Asia to tap growth
Singaporean banking giant OCBC Group plans to expand in China and Southeast Asia in a bid to capture the strengthening trade relationships and growing demand for wealth management in the area, its CEO said on Monday.
Alibaba, Xpeng lift Hong Kong stocks on better ties as Yellen heads to Beijing
Stocks in Hong Kong jump by the most in two weeks amid expectations efforts to dial down US-China tensions will boost the appeal of local assets.
Stocks in Hong Kong jump by the most in two weeks amid expectations efforts to dial down US-China tensions will boost the appeal of local assets.
Hong Kong mutual fund sales rebound as hopes of rate pause stem outflow
Mutual fund sales bounced back strongly in the first quarter after the worst net outflow on record last year as market sentiment improved amid a more stable interest rate environment, according to fund managers and regulators.
Mutual fund sales bounced back strongly in the first quarter after the worst net outflow on record last year as market sentiment improved amid a more stable interest rate environment, according to fund managers and regulators.
Alberta government calls off partnership with Chinese private equity fund
A partnership formed in 2016 by Alberta Industrial Heartland and Hong Kong-based private equity firm Can-China Global Resource Fund ‘no longer exists’, a spokeswoman for the non-profit said.
A partnership formed in 2016 by Alberta Industrial Heartland and Hong Kong-based private equity firm Can-China Global Resource Fund ‘no longer exists’, a spokeswoman for the non-profit said.
Hong Kong stocks log quarterly loss on weak China data, bankers’ pessimism
Stocks erase an early advance, deepening the biggest quarterly loss since Beijing’s zero-Covid pivot. China is facing a confidence issue as investors wait for stronger policy responses, BlackRock says.
Stocks erase an early advance, deepening the biggest quarterly loss since Beijing’s zero-Covid pivot. China is facing a confidence issue as investors wait for stronger policy responses, BlackRock says.
HKEX teams up with Beijing bourse, Ningbo government in bid to lure start-ups
Hong Kong Exchanges and Clearing, which runs Asia’s third largest stock market, has signed agreements with Beijing Stock Exchange and the government of Ningbo this week to explore ways to make it easier for start-ups and high-quality companies to list here, the bourse operator said on Thursday.
Hong Kong Exchanges and Clearing, which runs Asia’s third largest stock market, has signed agreements with Beijing Stock Exchange and the government of Ningbo this week to explore ways to make it easier for start-ups and high-quality companies to list here, the bourse operator said on Thursday.
Hong Kong must support disclosure rules to boost green finance role: experts
All relevant players must understand and adhere to the latest disclosure requirements, speakers from the government, the city’s stock exchange operator and companies including HSBC and EY said during the Post’s Redefining Hong Kong conference on Thursday.
All relevant players must understand and adhere to the latest disclosure requirements, speakers from the government, the city’s stock exchange operator and companies including HSBC and EY said during the Post’s Redefining Hong Kong conference on Thursday.
Wang Jianlin makes fourth bid to list Zhuhai Wanda in Hong Kong to avert refund
The management unit’s previous listing attempt – made in October 2022 – lapsed in April.
The management unit’s previous listing attempt – made in October 2022 – lapsed in April.
China stock bulls wait for year-end bounce as economy, stimulus disappoint
Can Chinese stocks still live up to bullish post-pandemic optimism? Analysts at HSBC Qianhai, Citigroup and UBS are the latest to trim and rein in their year-end targets.
Can Chinese stocks still live up to bullish post-pandemic optimism? Analysts at HSBC Qianhai, Citigroup and UBS are the latest to trim and rein in their year-end targets.
Alibaba, JD.com lead stock slide before weak China data, global rates outlook
Stocks dropped before a report suggesting Chinese manufacturing contracted in June, while Beijing avoids a bazooka-style stimulus. Major global central bankers said policy tightening may not be restrictive enough.
Stocks dropped before a report suggesting Chinese manufacturing contracted in June, while Beijing avoids a bazooka-style stimulus. Major global central bankers said policy tightening may not be restrictive enough.
The largest banks would survive severe recession, Fed ‘stress tests’ show
The 23 largest US banks passed the Federal Reserve’s stress tests, indicating resilience in the banking system despite the crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank.
The 23 largest US banks passed the Federal Reserve’s stress tests, indicating resilience in the banking system despite the crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank.
Hong Kong to slash IPO settlement time, boosting city’s appeal for listings
A new digital interface set to launch in October will cut the time between IPO pricing and commencement of trade from five business days to two, Hong Kong Exchanges and Clearing (HKEX) said in an announcement on Wednesday.
A new digital interface set to launch in October will cut the time between IPO pricing and commencement of trade from five business days to two, Hong Kong Exchanges and Clearing (HKEX) said in an announcement on Wednesday.
Hong Kong-based biotech Insilico Medicine shifts IPO plan to city from New York
While Insilico has not announced an IPO timetable or amount, sources say the Hong Kong Science and Technology Park-based firm hopes to raise US$200 million.
While Insilico has not announced an IPO timetable or amount, sources say the Hong Kong Science and Technology Park-based firm hopes to raise US$200 million.
Hong Kong stocks waver as Longfor leads property gainers while JD.com slumps
Stocks struggled to repeat Tuesday’s stellar rebound as chip makers came under pressure on concerns the US will curb exports to China. Daiwa slashed JD.com’s price-target after a call with the company.
Stocks struggled to repeat Tuesday’s stellar rebound as chip makers came under pressure on concerns the US will curb exports to China. Daiwa slashed JD.com’s price-target after a call with the company.
China, India to benefit most from Asia-Pacific decarbonisation pursuit: Deloitte
Countries in the Asia-Pacific region could add US$47 trillion to the global economy by 2070 and create 180 million jobs by 2050, if they seize opportunities from decarbonisation, with China and India set to benefit the most, according to Deloitte.
Countries in the Asia-Pacific region could add US$47 trillion to the global economy by 2070 and create 180 million jobs by 2050, if they seize opportunities from decarbonisation, with China and India set to benefit the most, according to Deloitte.
