Markets & Investing
SFC orders 15 brokers to freeze 32 accounts linked to 'ramp and dump' scam
SFC orders 15 brokers to freeze 32 accounts linked to 'ramp and dump' scam
The total frozen assets amounted to $860m.
Shimao Services records 100% revenue growth since listing
Its profit surged 88.4% to $864m (RMB724m) in 2020.
Cambridge Associates opens new location in Hong Kong
The expansion of the investment firm will respond to the strong demand in the region.
CITIC Telecom poised to further recover in 2021
BOCI Research revised up its forecast to 2.8% and 3.1% in 2021/22E, respectively.
Ion Pacific completes $8.7m secondary investment in Singlife
It purchased secondary shares in the company from several existing shareholders.
Alibaba Health, Longfor Group, Haidilao Int'l to join Hang Seng Index
This comes after the company concluded the review of the Hang Seng Family Indexes for 4Q 2020.
Regnan offers new impact investing fund for Asian investors
It has also hired fund managers.
Jacobson Pharma declares conditional special interim dividend by distribution
It is conditional on the public offer becoming unconditional in all respects.
KKR closes real estate fund at $13.18b
The fund is KKR's first pan-Asian real estate fund.
Investors hope for double-digit returns despite economic fallout
Hong Kong investors are predicting annual returns of 10.3% from their stock market investments.
Hang Seng Index's website unveils ESG Service section
Investors will be able to see a company’s latest ESG rating and performance.
Nongfu seeks $8.35b in 2020's second biggest F&B IPO
It attracted five cornerstone investors who will purchase a combined $2.48b of the offering.
Hong Kong tension may hasten Daiwa's shift to Mainland
Daiwa had been planning to shift some operations from the city to the Mainland through a JV.
HKMA sells $8.14b into market as currency hits strong end of trading band: report
The aggregate balance will increase to $146.93b ($18.96b) on 9 July.
Legg Mason rolls out real income fund for HK investors
The fund invests in a blend of REITs, utilities, and infrastructure.
Hong Kong named 3rd largest IPO market
Hong Kong IPO markets are set to have remained strong in H1.
HKEX risks keeping dollars as Chinese firms rush in
Listing approvals, including JD.com, are being granted in a matter of weeks.