Hong Kong leader John Lee Ka-chiu will deliver his annual policy address at 11am on Wednesday. He has said his policy address will focus on reforms aimed at enhancing the city’s development and ...
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly. The Hong Kong Monetary Authority (HKMA) will proceed with amending its guidelines on virtual banks and rename them into digital banks. In an announcement, ...
HSBC probes its China Pinnacle wealth business; move could see layoffs, sources say
The bank is also looking at salary structures and probing whether suppliers inflated expenses. Read more at straitstimes.com.
Hong Kong court hits Russian bank with anti-suit injunction
The Hong Kong Court of First Instance has restrained a Russian state-owned bank from pursuing litigation in St Petersburg against its German subsidiary in defiance of an HKIAC arbitration clause.
Behind the scenes: Inside Midea’s mega Hong Kong IPO
In a deal that has reshaped Hong Kong’s IPO landscape, China’s home-appliance giant Midea successfully raised $4.6 billion in September, marking the city’s largest offering in years. From showcasing ...
As China Admits Economic Difficulties, Hong Kong Becomes Irreplaceable
Drew Bernstein, co-chair of MarcumAsia, explains why Hong Kong is showing signs of strength - which is essential to China's rebound.
China Resources Beverage seeks $650 million in Hong Kong’s largest IPO this year
By Scott Murdoch and Rishav Chatterjee (Reuters) -China Resources Beverage said on Tuesday it is aiming to raise as much as HK$5.04 billion ($650 million) in a Hong Kong listing, in what would be the ...
Hong Kong – Implementation Of First Phase Of Enhancement Measures Of Deposit Protection Scheme.
Hong Kong - Implementation Of First Phase Of Enhancement Measures Of Deposit Protection Scheme. Legal News and Analysis - Hong Kong - Banking & Finance - Conventus Law ...
CR Beverage Prepares to List With Near $650.0 Million IPO
The Chinese beverage company is testing investor interest in its business with a nearly US$650 million Hong Kong listing, taking advantage of growing risk appetite for new equity offerings in one of ...
China Resources Beverage files for $649 million Hong Kong IPO
Drinks maker China Resources Beverage on Tuesday applied for a HK$5.04 billion ($649.25 million) Hong Kong initial public offering (IPO), an exchange filing showed, making it the city's largest new ...
HSBC probes China Pinnacle wealth business on costs and control, say sources
By Selena Li, Engen Tham and Sumeet Chatterjee HONG KONG/SHANGHAI (Reuters) -HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move ...
Fewer Hong Kong seniors buy Silver Bonds in latest US$6.4 billion sale
Investors bid to buy 1.4 times more bonds than the government offers, but application numbers and total bid amount decline from last year.
China Resources Beverage’s HK IPO Draws CTG Duty Free
China Resources Beverage Holdings Co. has attracted China Tourism Group Duty Free Corp., the world’s largest travel retailer, and UBS Asset Management AG as some of the cornerstone investors for its ...
Wookpecker International Takes Flight With New Hong Kong IPO Bid
Woodpecker International has reapplied to list in Hong Kong, reporting its profit fell 6.4% in the first half of the year to nearly 39 million yuan The home maintenance platform boasts an all-star ...