Category: FINANCE

Hong Kong's financial community is in the midst of an upheaval due to the city's pursuit of Zero Covid. . Read more at straitstimes.com. ( read original story ...)

Recently, it was reported that Bank of America will be relocating some of its dealmakers from the city to Singapore despite Hong Kong slowly lifting travel restrictions. According to The Strait Times, ... ( read original story ...)

Offshore investors sold a net 113 billion renminbi ($17.6 billion) worth of Chinese onshore bonds last month, according to the FT, which cited data from Hong ... People's Bank of China has kept ... ( read original story ...)

Chinese TV producer Linmon Media has filed an application for an initial public offering in Hong Kong. It is the third time that the eight-year-old company has sought a stock market flotation. The ... ( read original story ...)

Gateway Strategic Acquisition Co has cancelled its plan for a $200m listing in New York, according to a filing with the US regulator on Tuesday. The special purpose acquisition company (Spac) was ... ( read original story ...)

Bank of America is reportedly shifting some of its dealmakers from Hong Kong to Singapore, as Beijing’s touch stance of Covid-19 muddies the water in the ... ( read original story ...)

Goldman Sachs alerted Hong Kong's SEC three years ago in an "informal" discussion about share price drops in a few locally listed companies, the FT reported. ( read original story ...)

President Xi is due to deliver a speech at the Boao Forum, with traders struggling for clues on the state of the Chinese economy and policy easing impetus. ( read original story ...)

Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, after Visa Inc and MasterCard Inc joined other Western firms ... ( read original story ...)

Surging U.S. yields and a surfeit of cash in the local banking system have pushed the Hong Kong dollar to its weakest since late-2019, near levels at which the central bank might be forced to defend ... ( read original story ...)

Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the Financial Times reported on Thursday, ... ( read original story ...)

The Hong Kong stock market has finished lower in two straight sessions, retreating more than 570 points or 2.5 percent along the way. The Hang Seng now rests just beneath the 20,950-point plateau and ... ( read original story ...)

FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Senior Managing Director Jackie Yu and Managing Director Lilian Sin to the firm’s Financial Crime Compliance practice within the ... ( read original story ...)

Should it achieve the high end of its price target, it would be in a two-horse race for biggest IPO of 2022 with private equity firm PAG, which is also aiming for up to US$2 billion according to ... ( read original story ...)