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Category: FINANCE

Posted on 18/11/2022

Sunshine Insurance Said to Win HKEX Approval for $1 Billion IPO

China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that could raise about $1 billion, according to people familiar with the ...

Posted on 18/11/2022

Could Hong Kong really become China’s proxy in crypto?

Roughly a few days after, on Oct. 21, Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hu, shared his city’s fintech plans, among other efforts, directed at “transferring ...

Posted on 17/11/2022

Growatt Receives HKEX Approval for $1 Billion Hong Kong IPO, Sources Say

Growatt Technology Co., a Chinese solar energy device maker, has received approval from the Hong Kong stock exchange for an initial public offering, according to people familiar with the matter.Most R ...

Posted on 17/11/2022

Singapore versus Hong Kong’s 62 IPOs in 2022

As a case in point, this year, when growth in both China and Hong Kong slowed on the back of multiple Covid lockdowns, and mainland and Hong Kong capital made their way to the Lion City, for the 10 ...

Posted on 17/11/2022

‘Nimble’ BOC makes a splash with biodiversity themed bond

Bank of China was nimble in executing the transaction,” Alan Roch, head of credit for Asia Pacific at Crédit Agricole CIB, told GlobalCapital Asia, referring to a narrow issuance window in Asia after ...

Posted on 17/11/2022

China’s Central Bank, Pandemic Undercut Hong Kong Stock Market

The Hong Kong Hang Seng Index opened lower Thursday and stalled, finishing down 1.2% after the People's Bank of China warned of inflation risks and as COVID-19 tallies continued to rise on the ...

Posted on 17/11/2022

Hong Kong salaries seen growing 3.8 per cent in 2023 with bankers enjoying the best upside, Mercer survey shows

Hong Kong's government last week said the economy could shrink ... Higher paychecks are expected across most industries, Mercer said in its annual survey, with the banking and financial services ...

Posted on 17/11/2022

Hong Kong stocks close with another loss

Hong Kong stocks fell on Thursday following a Wall Street retreat, as strong US retail data and comments from Federal Reserve officials dented hopes ...

Posted on 17/11/2022

HSBC HK names new VP of customer journey and engagement

HSBC Hong Kong has appointed Watson Tan (pictured) as vice present of customer journey and engagement. According to Tan's LinkedIn, Tan describes herself as a big believer in the power of ...

Posted on 17/11/2022

More Profit Taking Expected For Hong Kong Shares

The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had skyrocketed more than 2,325 points or 14.1 ...

Posted on 17/11/2022

Hong Kong stocks tumble as China warns about inflation and Tencent’s report card points to tech sector weakness

Stocks fall for a second day as PBOC warns about rising inflation while Tencent's report card shows underlying weakness in tech sector Meituan slumps on stock overhang risk as Tencent offers its stake ...

Posted on 17/11/2022

Startups Are The Losers Of Asia’s Digital Banking Race

Asia's digital banking market has been growing quickly. Although it's a bit early to pick the winners, we can definitely see the losers: start-ups.

Posted on 16/11/2022

China central bank to step up policy implementation, promote healthy property market

China's central bank said on Wednesday it will step up the implementation of its prudent monetary policy and keep liquidity reasonably ample. The People's Bank of China said it will maintain ...

Posted on 16/11/2022

JD’s fintech unit seeks regulatory approval for new attempt at Hong Kong IPO: report

The company then applied to the China Securities Regulatory Commission (CSRC) seeking a Hong Kong IPO in late January, however Reuters reported in May that it had failed to gain approval. [Reuters] ...

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