Leading global e-wallet payment provider, STICPAY, has today announced a new local bank wire service in Hong Kong. A local bank wire is one of the easiest ways to transfer money online and is much ... ( read original story ...)
How Kuaishou, Hong Kong’s hottest IPO in 2021, became a cautionary tale of overexuberance in Chinese tech stocks
In the broader crash of Chinese tech stocks, Kuaishou has become the worst-performing listed firm in this market. ( read original story ...)
Chinese music group pulls $1bn Hong Kong IPO after tech crackdown
China’s second-largest music streaming service has scrapped a $1bn initial public offering in Hong Kong as concerns about a growing regulatory crackdown on the country’s technology groups have hit ... ( read original story ...)
TikTok owner plans to hold IPO in Hong Kong in 2021-2022
China’s ByteDance, the owner of TikTok, has unveiled plans to hold its initial public offering (IPO) on the Hong Kong Stock Exchange late in 2021 or early 2022, reported Sptutnik. Financial Times ... ( read original story ...)
NetEase unit Cloud Village pauses Hong Kong IPO as China’s antitrust scrutiny weighs on internet firms’ fundraising plans
The operator of NetEase Cloud Music originally planned to raise as much as US$1 billion , after winning the Hong Kong stock exchange’s approval, the Post had previously reported. Cloud Village’s ... ( read original story ...)
Sandwiched between superpowers: Is Hong Kong just a pawn in US-China rivalry, Pana Janviroj reports in the final of a two-part series
They were speaking at a webinar on “The Future of Hong Kong & Division of China-US lenses” organized by Asia News Network, an alliance of 23 national media in 20 Asian countries. ( read original story ...)
Hong Kong finance experts on optimizing customer journeys whilst mitigating fraud risks
LexisNexis Risk Solutions and Asian Banking & Finance's latest webinar discussed ways on how the most tech-savvy banks are safeguarding their clients' data whilst not compromising services. As Hong ... ( read original story ...)
Hong Kong stocks advance as HSBC, AIA offer safety while tech firms struggle to shake off regulatory overhang
Financial heavyweights are keeping the Hong Kong stock market up as Chinese tech companies struggle with another bout of bad press and price volatility. ( read original story ...)
K-pop singer Keung To stars in new Ogilvy Hong Kong campaign for HSBC’s PayMe
Keung To, one of Hong Kong’s most popular stars has teamed up with HSBC’s PayMe for their new “Hong Kong’s Wallet” campaign via Ogilvy Hong Kong. ( read original story ...)
Reported ByteDance IPO Highlights Appeal Of Hong Kong Bourse’s Own Shares
One option: buy shares in Hong Kong Exchanges & Clearing, or HKEX, which operates the Hong Kong Stock Exchange. Even before the recent crackdowns, Hong Kong had already been expected to benefit from a ... ( read original story ...)
Hong Kong equity investors may as well give up and kiss the HSI goodbye
It’s been a hellish week for investors in Chinese equities as risk profiles shift from valuation methodologies we hold dear to policy changes by Chinese and American governments, writes Neil Newman. ( read original story ...)
Hong Kong to adopt China’s anti-sanctions law
Critics have warned that the anti-foreign sanctions law could undermine HK’s reputation as a global financial hub ... ( read original story ...)
ByteDance Aims For Hong Kong IPO By Early 2022 Despite China Tech Crackdown: FT
ByteDance, the owner of the short video platform TikTok, is aiming to go public with a listing in Hong Kong by early 2022, the Financial Times reports. The company is ... ( read original story ...)
TikTok owner ByteDance aims for Hong Kong IPO by early 2022 – FT
ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators' concerns, the Financial ... ( read original story ...)