The Straits Times Business News September 14, 2022 11:41 AMHONG KONG – Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans with a goal to start trading in the Asian financial hub as soon as next week, according to people familiar with the matter. Go to Source September 14, 2022 – […]Continue reading
The Straits Times Business News August 02, 2022 11:30 AMHONG KONG (BLOOMBERG) – Economists downgraded their forecasts for Hong Kong’s economy, predicting it could contract for the third time in four years, after data on Monday (Aug 1) showed growth is being weighed down by Covid restrictions and a slump in trade. Go to Source […]Continue reading
The Straits Times Business News June 30, 2022 11:47 AMHONG KONG (BLOOMBERG) – SenseTime Group slumped as much as 51 per cent in Hong Kong trading on Thursday (June 30), after a lockup of its shares expired following its initial public offering. Go to Source June 30, 2022 – 6:01 am / Twitter: @hoffeldtcom
The Straits Times Business News January 10, 2022 11:38 AMHONG KONG (BLOOMBERG) – Customers of a Hong Kong-based cryptocurrency exchange say they can’t withdraw money or tokens from the bourse, and at least seven have reported the matter to police. Go to Source January 10, 2022 – 6:03 am / Twitter: @hoffeldtcom
The Straits Times Business News December 24, 2021 5:00 AMHONG KONG • Tencent Holdings plans to distribute more than US$16 billion (S$22 billion) of JD.com shares to its investors as a one-time dividend, representing a near retreat from the Chinese e-commerce firm that has been one of Tencent’s most successful investments. Go to Source December […]Continue reading
The Straits Times Business News December 23, 2021 10:53 AMHONG KONG (BLOOMBERG) – Tencent Holdings plans to distribute more than US$16 billion (S$22 billion) of JD.com shares to its investors as a one-time dividend, representing a near retreat from the Chinese e-commerce firm that has been one of its most successful investments. Go to Source […]Continue reading
The Straits Times Business News September 28, 2021 11:11 AMHONG KONG (AFP) – Most Asian markets slipped on Tuesday (Sept 28) with investors contemplating the prospect of rising US borrowing costs as inflation spikes, while US lawmakers’ struggle to raise the debt ceiling is also agitating nerves on trading floors. Go to Source September 28, […]Continue reading
The Straits Times Business News September 23, 2021 11:16 AMHONG KONG (BLOOMBERG) – A group of former Goldman Sachs Group and Morgan Stanley executives have joined a crypto-trading platform started by their peers, part of a growing cohort of Wall Street veterans betting on the volatile world of digital assets. Go to Source September 23, […]Continue reading
The Straits Times Business News September 09, 2021 10:22 AMHONG KONG (REUTERS) – Asian shares dropped on Thursday (Sept 9), while the dollar held firm, in line with a cautious global mood as investors worried about the combination of slowing global growth and the potential tapering of central bank stimulus. Go to Source September 9, […]Continue reading
