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HONG KONG: Ant Group's planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank as a destination for initial public offerings (IPOs) in the first half of 2020.
HONG KONG: Hong Kong Exchanges & Clearing Ltd. posted a 1% gain in profit, benefiting from a spate of high-profile Chinese stock listings and a pick up in trading as the pandemic and political tensions stoked volatility.
HONG KONG (Bloomberg): Hong Kong’s strongest typhoon of the year moved away from the city after prompting the cancellation of morning trading in the city’s US$5.8 trillion local stock market, shutting many businesses and disrupting public transportation.
Trump administration threatens civil lawsuit unless the private university agrees not to use ‘race or national origin’ in its 2020-21 admissions cycleIvy League school says it will not change its admissions programme on the basis of what it calls a ‘meritless’ and ‘hasty’ allegation
BEIJING/HONG KONG (Reuters): Mainland tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters.
China reports 101 new Covid-19 cases, the highest daily spike in months, as regions try to control outbreaks
At least nine Chinese cities record new coronavirus cases linked to the city of Dalian, which is under strict new quarantine measuresSouth Korea, Vietnam and the Philippines are among Asian countries reporting a resurgence of the virus
Advertisement in playground listed ‘damaging’ behaviours including wearing revealing clothes and masturbationIt was put up by a local resident unconnected with the school who has been ‘educated’ by police, according to authorities
HONG KONG: Hong Kong stocks are set to join the rest of the world in bull market territory after a more than $1.1 trillion rebound that’s gathered steam in recent days.
WITH the financial market looking uncertain in the near term, analysts see derivatives instruments as useful for investors to manage their risk.
HONG KONG: Hong Kong stock exchange’s boss called for confidence that the city will maintain its “undisputed” role as Asia’s financial nave, even as it battles the fallout from the coronavirus outbreak and political unrest.