The BoE monitors Hong Kong because UK banks such as HSBC and Standard Chartered are also the leading banks in Hong Kong
While Hong Kong isn't new to sudden stock slumps, the fresh wave of declines is putting the spotlight on corporate governance
HONG KONG (Reuters) - Alibaba Group's <9988.HK> Hong Kong shares closed their first trading session up 6.6% from the issue price after this year's largest stock sale.
One question now is how Alibaba will put the money to work
Retail investors will not pay more than $HK188 per share, a statement from the company published on Friday showed
A sale of that size will dilute existing shareholders by 2.8% and investors will be able trade shares
Buying in private banks and IT major Infosys propelled the benchmark S&P BSE Sensex to end at a record closing peak of 40,469.78, up 222 points or 0.55 per cent on Wednesday
Hong Kong's Financial Secretary said, the city is unlikely to achieve annual economic growth this year
Brewer Anheuser-Busch InBev (AB InBev) is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong this month
Hong Kong's market cap was $5.78 trillion as of Tuesday, compared with $5.76 trillion for Japan, according to data compiled by Bloomberg