Markets & Investing
“Boiler room” fraudsters ordered to compensate 75 investors
Victims of the scam have not been able to recover their investments.
“Boiler room” fraudsters ordered to compensate 75 investors
Victims of the scam have not been able to recover their investments.
Online brokerage Futu secures “BBB” S&P rating
It is the first online brokerage in Asia Pacific to obtain an international rating.
StanChart unit, BC Group to create crypto-exchange platform
It will target corporate clients in the UK, and Europe.
Vaccination “critical” in operational risk management: SFC
The SFC has issued a circular asking corporations to review their continuity plans.
HK sets licensing requirement for crypto exchange
Foreign firms will need to obtain a license as a virtual asset services provider.
Gov’t wants to raise loan limits in bond programmes
The proposal will increase borrowing limits to $300b and $200b in two government bond programmes.
SFC calls for vigilance on online investment scams
In a simulation of the stock scam, the SFC lured 24,000 potential investors.
Revere VC raises $1.35m in latest seed round
This is intended to provide a more holistic way to invest in venture capital.
SF REIT eyes up to $2.68b in first global offering
The logistics-focused REIT will price its offer between $4.68 and $5.16 per unit.
Market Update: HSI extends loss, down 0.04%
The Hang Seng Index extended its recent losses, closeing down marginally by 0.04% or 11.29 points to end at 28,941.54 on Tuesday. This comes as...
Market Update: HSI down 0.43% as overseas virus resurgence worries weigh
The Hang Seng Index closed down 0.43% or 125.92 points to end at 28,952.83 on Monday, as fears over the resurgence of COVID-19 in overseas markets...
Market Update: HSI ends week up 1.12% on tech, healthcare gains
The Hang Seng Index (HSI) closed the week up by 323.41 points or 1.12% at 29,078.75 amidst gains in tech and healthcare shares due to fears over COVID...
Market Update: HSI up 0.47%, trades higher as developed markets rebound
The Hang Seng Index reversed its loss as it closed up by 133.42 points or 0.47% at 28,755.34 on Thursday. This comes as recoveries were observed in...
Market Update: HSI down 1.76% on virus resurgence fears
The Hang Seng Index (HSI) closed down by 513.81 points or 1.76% at 28,621.92 on Wednesday. This is due to Asian markets’ growing concerns over...
Market Update: HSI up by 0.10% amidst gains for financial stocks
The Hang Seng Index (HSI) closed on Tuesday up by 29.58 points or 0.10% to 29,135.73. This was due in part to gains in financial stocks, as well as...
Market Update: HSI up 0.47% amidst recoveries on industrial, healthcare firms
The Hang Seng Index (HSI) opened the trading week up by 136.44 points or 0.47% at 29,106.15, as industrial and healthcare firms rebounded amidst...
HSI welcomes new real estate index
It will reflect stock movement of the 30 largest listed property management companies.
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