Some mismatch between a company’s shares listed on China’s mainland and their counterparts in Hong Kong isn’t unusual. But the growing gulf is creating a strange situation where companies can ... ( read original story ...)
Jack Ma’s Ant to Lift IPO Funding Target to $35 Billion
Jack Ma’s Ant Group is seeking to raise at least $35 billion in its initial public offering after assessing early investor interest, people familiar with the matter said, putting the Chinese fintech ... ( read original story ...)
SCG Packaging Seeks to Raise Up to $1.27 Billion in Thai IPO
SCG Packaging Pcl, Thailand’s biggest packaging company, plans to raise as much as 39.5 billion baht ($1.27 billion) in the nation’s second-largest initial public offering this year.The unit of Siam ... ( read original story ...)
HSBC’s shares dive to lowest level since 1995 in HK
HSBC's share price in Hong Kong has fallen to its lowest level since 1995 amid allegations of money laundering. HSBC allowed fraudsters to transfer millions of dollars around the world even after it ... ( read original story ...)
HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak
HSBC and Standard Chartered's Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)
HSBC Shares Decline to Lowest Since 1995 in Hong Kong
HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts including a potential threat to its expansion plans in China. ( read original story ...)
HSBC shares sink to 25-year low in HK, StanChart sags over dirty money scandal
HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)
HSBC shares hit 25-year low on report of China ‘unreliable list’
Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat to national security and following news it had been accused of ... ( read original story ...)
Smart city business opportunities in ASEAN countries
In the Spanish IESE Business School's global smart city ranking, Hong Kong was ranked the 10th among 174 cities in the world, and the 3rd in the Asia-Pacific region. The top five in the Asia-Pacific ... ( read original story ...)
Hong Kong and China stocks fluctuate as traders keep an eye on US-China tension and fiscal stimulus package
HSBC weighs heavily on Hang Seng Index, heading for its lowest close since 1995, as the UK bank has been whipsawed by a range of issues on several fronts. ( read original story ...)
Hong Kong gov’t says security law does not affect judicial independence after Australian judge resigns from top court
Hong Kong’s government has said the national security law does not affect the city’s judicial independence after an Australian judge resigned from the local top court earlier this month, citing ... ( read original story ...)
HSBC, StanChart Hong Kong shares fall after ‘FinCEN’ leak
HSBC HSBA.L and Standard Chartered's STAN.L Hong Kong shares fell on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite ... ( read original story ...)
UPDATE 1-HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak
Falls follow reports on movements of allegedly illicit funds (Adds details from media reports, other bank names) ... ( read original story ...)
HSBC, StanChart shares tumble after ‘FinCEN’ leak
HSBC Holdings slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts, including political tension in Hong Kong, the fallout of the coronavirus pandemic ... ( read original story ...)