Category: Uncategorized

Jan 28 2021

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Analysis: Sovereign wealth, public pension giants caught up in U.S.-China tech fight

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Some of the world’s biggest sovereign wealth funds and public pension funds are getting caught in the escalating tensions over technology between the United States and China, a Reuters analysis...

Jan 26 2021

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Tencent Powers Hong Kong Above 30K As Kuaishou IPO Secures Significant Cornerstone Investors

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Asian equities were largely higher with Hong Kong growth stocks on high volumes twice the 1-year average and Korea outperforming to the upside. Tencent gained +10.93% as investors realized that …

Jan 25 2021

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Kuaishou’s US$6 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors

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Cornerstone buyers typically agree to hold stock for a set period of time in exchange for early, guaranteed allocation.

Jan 25 2021

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China’s Growing Power Is Scaring Ordinary Savers Out of Hong Kong

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Bank of America estimates outflows could reach $36 billion this year as anxious Hong Kong residents reassess their options …

Jan 24 2021

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Kuaishou’s US$10 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors

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Cornerstone buyers typically agree to hold stock for a set period of time in exchange for early, guaranteed allocation.

Jan 21 2021

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HSBC Mandatory Provident Fund – ValueChoice – MPF Conservative Fund

by News Desk

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HSBC Mandatory Provident Fund – ValueChoice – MPF Conservative Fund is an open-end unit trust established in Hong Kong. The Fund’s objective is to achieve a rate of return higher...

Jan 21 2021

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Hong Kong lawmakers call on city’s leader to do more in coronavirus fight and help struggling residents at hearing on policy address

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The remarks came as the Legislative Council debated the passage of a formal motion of thanks for the chief executive’s policy address, a traditional symbolic gesture.

Jan 20 2021

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Hong Kong falls off global real estate investors’ radars even as they eye more assets in Asia-Pacific

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Hong Kong seems to have fallen out of favour with global real estate investors, even as a greater number are either keeping or increasing their allocations for the Asia-Pacific region...

Jan 19 2021

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Hong Kong wage subsidy scheme failing struggling businesses

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To the ESS Secretariat, The Cherdchai Hair and Beauty Centre submitted the online application for the two rounds of the Employment Support Scheme. You have approved only two out of...

Jan 16 2021

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Hong Kong Exodus Could Spur $36 Billion in Outflows: BofA

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Hong Kong could see capital outflows of as much as $36 billion this year as residents leave the city for the U.K. in response to China’s sweeping security law, keeping...