FAST NEWS: AIM Vaccine’s loss balloons
The latest: Vaccine maker AIM Vaccine Co. Ltd. (6660.HK) said on Monday it expects to report a net loss of 1.25 billion yuan ($174 million) to 1.38 billion yuan for last…
Hoping for better luck, HK stocks enter the Year of the Dragon
The Hang Seng Index plunged 28.6% in the year of the rabbit, hurt by China’s slow economic recovery and simmering tensions with the United States. Investors will be looking for…
FAST NEWS: AIM Vaccine named to MSCI small cap index
The latest: AIM Vaccine Co. Ltd. (6660.HK), China’s second-largest maker of non-Covid vaccines, announced Friday that its shares were selected for inclusion in the MSCI Global Small Cap Index, effective after…
How do companies ensure their independent directors are really independent?
The independence of Hong Kong listed companies’ independent directors is sometimes questioned, since restrictions don’t forbid certain personal relationships By A. Au Every listed company has a board whose…
Facing anemic trading, Hong Kong considers staying open in foul weather
The city’s stock exchange, whose trading volumes have sunk to multi-year lows, is the only major bourse that closes during inclement weather Key Takeaways: The Hong Kong Stock Exchange has…
Hong Kong prepares for new era of yuan stock trading with ‘dual counter’ tickers
The city’s stock exchange hopes the addition of Chinese yuan trading for an initial 24 companies will draw in new investors who prefer to use the mainland currency Key Takeaways:…
Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again
Hong Kong is losing some of its luster as an IPO hub, hit by market worries about soaring inflation, rising interest rates, tumbling stock prices and China’s zero-Covid policy. Some…