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Category: FINANCE

Posted on 28/04/2023

HSBC to Hold Board Meeting on May 2 to Discuss 1Q23 Results

Short selling $127.98M; Ratio 23.709% announced that a meeting of a committee of the Board of Directors of HSBC Holdings plc will be held ...

Posted on 28/04/2023

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

There is no legal and regulatory requirement prohibiting banks in Hong Kong from providing banking services to virtual assets (VA) related entities,” deputy chief executive of the Hong Kong Monetary ...

Posted on 28/04/2023

Hong Kong seeks to help crypto firms escape their exile from the banking sector

Hong Kong urged banks to provide services to licensed virtual-asset firms, part of the city’s push to become a crypto hub and a stance that contrasts with a crackdown on the digital-asset sector in ...

Posted on 28/04/2023

Hang Seng Tipped To Extend Winning Streak

The Hong Kong stock market has moved higher in back-to-back sessions, collecting more than 220 points or 1.1 percent along the way.

Posted on 28/04/2023

Hong Kong brokerage TOP Financial sees stock soar 195%

Hong Kong-based TOP Financial Group (TOP) stock was halted several times for volatility Thursday, with shares rocketing as much as 257% midday. Read more here.

Posted on 28/04/2023

Are Firms Reassessing Their Investments in Hong Kong IPOs?

There isn't much capital markets work in Asia these days. So what are all those capital markets lawyers in Hong Kong doing?

Posted on 28/04/2023

HSBC Is Feeling the Vibe Shift in China Tech Deals

Hello, it’s Manuel Baigorri in Hong Kong, where I sat down with a top HSBC tech banker to hear about the hopes and fears of dealmakers in Asia. Also, Japan’s SMBC is tripling its stake in Jefferies as ...

Posted on 28/04/2023

Hong Kong brokerage TOP Financial sees stock soar nearly 260%

Hong Kong-based TOP Financial Group (NASDAQ:TOP) stock was halted several times for volatility Thursday, with shares rocketing as much as 257% midday. Shares of TOP, formerly known as Zhong Yang, ...

Posted on 28/04/2023

Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients

The Hong Kong Monetary Authority has released a reminder that virtual asset firms are entitled to banking services, despite their unfamiliarity and varying levels of risk.

Posted on 27/04/2023

China Evergrande gains more than 77% backing of Class A debt holders for debt restructuring incentive

HONG KONG, April 27 (Reuters) - Embattled property developer China ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ...

Posted on 27/04/2023

Hong Kong’s SFC to Issue Strict Crypto Exchange Licensing Guidelines in May

Discover the latest news on Hong Kong's (SFC) as they prepare to issue new guidelines for crypto exchange licensing in May.

Posted on 27/04/2023

Asia markets largely higher as new Bank of Japan chief chairs first policy meeting

Asia-Pacific market were largely lower on Thursday as investors focus on the Bank of Japan’s first policy meeting led by new BOJ governor Kazuo Ueda.

Posted on 27/04/2023

Chinese Liquor Maker Sinks After Serving Up Hong Kong’s Biggest IPO in Months

Hong Kong’s biggest listing so far this year flopped in its trading debut, a troubling sign for a market that has been trying to recover from a long IPO slump.

Posted on 27/04/2023

Asian shares hesistant on banking jitters, US economic concerns

Asian shares were subdued on Thursday as troubles at U.S. lender First Republic Bank continued to unnerve investors amid concerns that growth in the world's biggest economy could surprise on the ...

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