Category: FINANCE

After Midea’s US$3.98 billion listing on Tuesday, ‘we’re seeing a lot of very good signs in the IPO market’, says Bonnie Chan.

HSBC HOLDINGS (00005.HK) announced that it had bought back a total of 6.276 million shares of the company in the UK and Hong Kong markets yesterday (16th), involving a total of HKD421 million. Among ...

The Hong Kong government is preparing to issue its maiden policy statement on the use of artificial intelligence in finance, according to people familiar with the matter, a move that could catalyze ...

Citigroup Inc plans to add talent in Hong Kong as it’s bullish on the city and its links with the surrounding Greater Bay Area in mainland China, according to its wealth chief.

LONDON: With just two weeks under his belt as the new chief executive officer (CEO) of HSBC Holdings Plc, Georges Elhedery has made it clear he’s looking to make his mark on the bank.

The loan includes a HK$3bn social component and will help with plans to build 17,000 subsidised housing units in the Special Administrative Region over the next five years.

Hong Kong stocks fell as China's lacklustre economic data triggered a sell-off, while the US Federal Reserve's imminent easing cycle and bets that Beijing will roll out more stimulus helped limit ...

Asian equities were mostly higher overnight while Mainland China was closed for the Mid-Autumn Festival. Japan, South Korea, Indonesia, and Malaysia were also closed.

He needs to shave off US$2 billion in costs to sustain a key measure of bank’s profits. Read more at straitstimes.com.

The Central Moneymarkets Unit (CMU), operated by the Hong Kong Monetary Authority (HKMA), will be connected to Macao’s central securities depository (CSD). The CSD is operated by Macao Central ...

Global climate finance must increase by at least sixfold to US$8.5 trillion annually through 2030 to prevent global warming, a US non-profit says.

Mark Clifford and Gordon Crovitz, senior officials at Next Digital, filed a complaint against the global accounting firm. They allege BDO enabled rights violations by providing essential services to H ...

Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as ...

The Midea float is the territory’s largest since short-form video app Kuaishou’s in January 2021. Its Shenzhen shares traded at a roughly 21 per cent premium to the Hong Kong listing price at Friday’s ...