Markets & Investing
AIA Group profit rose 5% to US$3.2b in H1 2021
AIA Group profit rose 5% to US$3.2b in H1 2021
Its value of new business rose 22% to US$1.8b in the same period.
Tianjin sees at least 75% growth in profit for H1 2021
It is due to the rise in revenue from the increase in container throughput and bulk cargo volume.
HKEX sees record 26% profit growth to $6.61m in H1
This is thanks to the buoyant IPO market and strong trading volumes amongst others.
SFC introduces new regimes in investor identification, transaction reporting
The new regimes are expected to be launched in H2 2022 and H1 2023.
‘More aggressive’ Hong Kong investors expect a return of 11.4%
This is a new high, according to Schroders Global Investor Study.
SJM Holdings’ loss attributable to owners rose to HK$1.47b in H1
It reported a HK$1.4b loss in the same period last year.
CLP Holdings earnings fell 23.2% YoY in H1
Its earnings reached HK$4,615m from HK$6,010m.
Li Auto estimates $14.7b net proceeds in global offering
The bulk of the proceeds will be used to fund R&D initiatives.
No 'undue stress' despite concern over China’s oversight of private sector
China’s oversight of the private sector in the past weeks has raised concerns and panic.
Hang Seng Indexes to capture growth in China’s consumption sector
The company launched two new indexes as it sees new growth in the sector.
Over 11% of profitable female investors double their positions: report
Nearly 20% achieved more than 50% return rate.
SFC warns against Binance trading
The watchdog said no entity under the Binance Group is licenced in Hong Kong.
YesAsia’s Hong Kong Exchange IPO debut oversubscribed for over 100 times
The company’s offer price saw an increase of 5.5% on its firs day closing price.
Razer unit invests US$2.3m in console creator Loupedeck
Loupedeck seeks to continue its live stream growth.
HKEX wants to speed up IPO process by 2022
Its new FINI platform targets to cut the IPO settlement process to two days from five.
Licensed corporations up to 3,159 in 2020/21: SFC
The total number of licensees and registrant rose to 47,178.
Hong Kong poised to become 'Nasdaq of the East'
HSBC cites four trends that will dominate Hong Kong’s equity market.