Category: FINANCE

(Incorporated in Hong Kong with limited liability) The Board is pleased to announce that on 10 October 2017, the Loan Agreement was entered into between Global Wealth Finance as lender and the Borrower as borrower pursuant to which, Global Wealth Finance ... ( read original story ...)

* ‍Entered facility agreement with China Development Bank Hong Kong for HK$300 million and HK$200 million term loans Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)

Baidu-owned iQIYI has indicated that it will seek a U.S. share listing with a possible value of $8 billion. Moving in the opposite direction, STX Entertainment is looking at a listing in Hong Kong. ( read original story ...)

IDC Financial Insights unveiled a list of 10 fast growing fintechs in Hong Kong as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground ... ( read original story ...)

Hong Kong financial regulators are seeking to introduce an identification program for investors trading stocks on the mainland, the Financial Times (FT) reported, citing an HKSAR legislator. The proposed regulation will require investors to register their ... ( read original story ...)

The huge success of an online insurer’s recent initial public offering (IPO) in Hong Kong is likely to lure more mainland and regional industry peers in search of funding, according to analysts. Shares in ZhongAn Online Property & Casualty Insurance ... ( read original story ...)

BOC Hong Kong fell 0.39 percent, New World Development dipped 0.35 percent and Hong Kong & China Gas was unchanged. The lead from Wall Street suggests mild consolidation as stocks showed a lack of direction on Monday before ending slightly lower. ( read original story ...)

Larry Hu, chief China economist at Macquarie Securities in Hong Kong, said the PBOC had been held hostage to the market’s view that a broad reserve ratio cut equated to loosening, making the central bank reluctant to use the tool. Hu said there were good ... ( read original story ...)

Hang Seng Bank together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest ... ( read original story ...)

Hong Kong and Macau. "The HondaJet has been received with tremendous interest in and around China and we have appointed Honsan General Aviation HondaJet as a dealer in the region. With its strong focus on quality and customer service, Honsan General ... ( read original story ...)

The Hong Kong Securities and Futures Commission (SFC) recently released a circular outlining its views on how asset managers should address certain conflicts of interest between private funds and separately managed accounts and avoid practices that ... ( read original story ...)

The IPO represents a BUY opportunity for investors who want to ... Mr. Yeung also currently serves as a director of Bumps to Babes Limited, a baby and maternity retail store chain in Hong Kong. Prior to joining Qudian, Mr. Yeung was a co-founder of ... ( read original story ...)

As of the end of last year, China Literature had 5.3 million writers and 8.4 million literary works. If China Literature's Hong Kong IPO plan materializes, it intends to use the IPO net proceeds to expand its online reading business, specifically its share ... ( read original story ...)

Had China or Hong Kong's economy taken a downward turn, there might have been less enthusiasm for a known quantity at the tiller. Obviously, with so much expectation baked into HSBC's shares, as well as the buyback bonanza, any incoming management team ... ( read original story ...)