Big Bang Means Buyer Beware in Hong Kong IPOs

Other likely candidates include smartphone maker Xiaomi Corp., Alibaba affiliate Ant Financial Services Group and Lufax, the peer-to-peer lending unit of Ping An Insurance (Group) Co. Those three between them could add $300 billion to Hong Kong’s market ... ( read original story ...)

Trump’s financial watchdog fines bank $1B

which fined The Hongkong and Shanghai Banking Corporation (HSBC) $500 million in 2012. In a statement, the OCC said it imposed such a large fine against Wells "given the severity of the deficiencies and violations of law, the financial harm to consumers ... ( read original story ...)