Latest Hong Kong HKEX Stock Market News
DBS, OCBC, StanChart among potential bidders for Citi’s Asia consumer business
The move comes after Citi said that it would exit from its consumer franchises in 13 markets, 10 of which are in Asia. Read More
SG Digest: Eat Just, Foodpanda team up; Big Idea Ventures announces third cohort
Food delivery platform Foodpanda has partnered alternative protein maker Eat Just to offer three dishes made with its cell-based chicken. Read More
Foxconn in talks to buy chip plant to support EV ambitions
Key Apple supplier keen to secure components amid global crunch Read More
Shanghai exchange chief hints at possible market link with Switzerland
A plan to allow the listing of global depositary receipts by companies on the Shanghai and Swiss exchanges would represent the local bourse's third cross-border [more]
UK’s April average home price rises to a record amid buyers’ frenzy
The figures reflect an urge by consumers to move outside cities following three national lockdowns to control the coronavirus in the past year. Read More
China Digest: GL Ventures backs Porton Biologics; Smartbi nets $15m funding
CMC-SDIC Capital, HM Capital, Huashan Ruilian and Momentum Venture also invested in the Series A round of Porton Biologics. Read More
Futu seeks to raise US$1.9 billion via follow-on share sale in New York
Online brokerage Futu targets to raise US$1.9 billion to expand IPO margin finance business. Read More
China’s US soybean imports surge 320 per cent, highest since December 2016
China’s imports of soybean from Brazil plunged to the lowest level since January 2017 in March, but US bean imports hit the highest monthly total [more]
China’s US soybean imports surge 320 per cent, highest since December 2016
Tuesday's data provided the first breakdown of imports by origin since China published data earlier this month showing overall imports of soybeans last month climbed [more]
India tech startups urged to boost data security after breaches
Mobikwik hack reveals vulnerabilities, spurring central bank to tighten rules Read More
Australia’s Woolworths buy controlling stake in data analytics firm Quantium for $173m
Southeast Asia Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar India Greater China Rest of Asia World E-Commerce & Internet Economy Technology Real Estate and Infrastructure [more]
Philippines and Indonesia lead ASEAN companies’ COVID vaccine push
Businesses to inoculate employees for free in bid to restart operations Read More
Hong Kong’s “very high net worth” population falls by 5.4%
The city is still amongst the top 10 territories with the wealthiest populations. Read More
Market Update: HSI ends week up by 0.61%
The Hang Seng Index (HSI) closed the week up by 176.57 points or 0.61% at 28,969.71. This was due to a strong growth in gross [more]
ESR snaps up Blackstone’s $3.91b Milestone Portfolio
The portfolio contains 45 industrial real estate assets in Australia. ESR Australia and ESR Milestone Partnership (EMP), subsidiaries of ESR Cayman Limited announced that it [more]
Industrial property rebounds with 809 transactions in Q1
The majority of the transactions in Q1 were worth up to $10m. The industrial property sector rebounded in the first quarter, as it started the [more]
Scoot, Vistara, Cathay Pacific flights suspended
More flights from Manila, Singapore and Mumbai have been suspended to prevent the spread of COVID-19. Three airlines have been prohibited from landing in Hong [more]
SIIC Environment signs water treatment projects in Yangtze River Delta
The projects total 160,000 tonnes. Water treatment and environmental protection company SIIC Environment has signed a series of water treatment projects (totalling160,000-tonnes) in the Yangtze [more]
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 continued [more]
Cathay Pacific’s passenger traffic plunged 98%
Quarantine restrictions in Hong Kong reduced its capacity during the first quarter. Cathay Pacific's passenger traffic dropped 98.4% YOY in the first quarter amidst capacity [more]
China Merchants Bank net operating income increases to $345b in 2020
It represented a 7.6% YoY rise, compared to 2019. Read More
HSI welcomes new real estate index
It will reflect stock movement of the 30 largest listed property management companies. Read More
Facebook to launch several audio products to take on Clubhouse
Southeast Asia Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar India Greater China Rest of Asia World E-Commerce & Internet Economy Technology Real Estate and Infrastructure [more]
Australia’s Afterpay mulls US listing as buy now, pay later thrives
Southeast Asia Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar India Greater China Rest of Asia World E-Commerce & Internet Economy Technology Real Estate and Infrastructure [more]