Category: FINANCE

InferVision, a medical artificial intelligence technology provider, has picked banks to work on its Hong Kong initial public offering which could raise about $300 million, according to people familiar ... ( read original story ...)

Shenzhen Expressway Co has made its debut in the offshore loan market, raising a HK$8.3bn ($1bn) deal to support its acquisition of a subsidiary of Shenzhen Investment Holdings. The company has raised ... ( read original story ...)

China’s cash-starved AI firms, often burdened with heavy research and development expenses, are turning to public markets for funding even as Beijing’s scrutiny over tech IPOs increases. ( read original story ...)

Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the end of this month, three people with direct ... ( read original story ...)

Hong Kong's decision to grant Hollywood star Nicole Kidman a quarantine exemption as she films an Amazon-funded series about the lives of wealthy expats has sparked public anger. The Chinese financial ... ( read original story ...)

Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months. Hong Kong’s ZA Bank has launched ZA Bill Master, a card statement instalment programme, that ... ( read original story ...)

Asian banking giant DBS has launched a new campaign via dentsu International Hong Kong for DBS Treasures, a premium line for customers with investible assets over HK$1 million. ( read original story ...)

Chinese artificial intelligence company Yitu Technology is considering an initial public offering in Hong Kong after a tightening regulatory scrutiny stalled an earlier attempt to list in Shanghai, ... ( read original story ...)

The Hong Kong stock market on Wednesday snapped the four-day losing streak in which it had stumbled almost 920 points or 3.7 percent. The Hang Seng Index now rests just beneath the 25,870-point ... ( read original story ...)

AIZEN's "CreditConnect" service is a pioneer of banking-as-a-service for nonfinancial platforms in Southeast Asia, including areas such as digital wallet, education, hospital operations, and ... ( read original story ...)

The head of finance at Hong Kong's arts hub authority stepped down on Wednesday in the latest upheaval to the top ranks of the troubled organisation. The departure of Kitty Fung Kit-yi from the West ... ( read original story ...)

The media report said the listing will value the insurance group at around $13bn. If successful, FWD’s listing will be the biggest US flotation by a Hong Kong-based insurer. FWD is the insurance arm ... ( read original story ...)

ZA Bank, Hong Kong’s first and largest virtual bank 1, has introduced an early payday product that it says will entitle Hong Kong’s four million working population to advance their salaries maximum 7 ... ( read original story ...)

Financial Reporting Council to investigate Next Digital’s financial statements for two and a half years up to September 2020 for ‘misleading information’. ( read original story ...)