The shares of 93 firms that launched IPOs in the city rose by an average of 13 per cent on the first day of trading, the least among Asia's top five stock markets Chinese IPOs jumped 170 per cent on ... ( read original story ...)
UAE – Hong Kong Association of Banks (HKAB)’s ESG Programme for Students Completes Successfully
Close to 300 Students from 18 Schools Learn How to Bring Sustainability to Life HONG KONG SAR – Media OutReach – 19 December 2 ... ( read original story ...)
Biotech Firm Sirnaomics Targets up to $70.3m in Hong Kong IPO
Sirnaomics Ltd., an RNA therapeutics biopharmaceutical company, is offering 7.54 million shares at HK$65.9-HK$72.7 apiece in its Hong Kong initial public offering, the company said in a statement ... ( read original story ...)
Hong Kong Association of Banks (HKAB)’s ESG Programme for Students Completes Successfully
HONG KONG SAR – Media OutReach – 19 December 2021 – Environmental, social and governance (ESG) knowledge should form part of Hong Kong youth’s future skills development, according to the Hong Kong ... ( read original story ...)
Hong Kong officials push turnout in first ‘patriots’ election
Hong Kong officials are working to boost turnout in Sunday's (Dec 19) legislative election, according to diplomats and people familiar with the effort. As part of those actions, two Chinese ... ( read original story ...)
Foreign banks to cast votes in Hong Kong’s ‘patriots only’ election, as citizens’ voting power shrinks
Around 40 per cent of the banks registered to vote in Hong Kong’s legislative elections on Sunday are foreign-owned, including some partly-owned by their respective governments, despite Beijing’s ... ( read original story ...)
HSBC fined US$85 million by UK regulator for anti-money-laundering lapses
The Financial Conduct Authority said three key parts of HSBC’s automatic monitoring system had serious weakness over an eight-year period until March 2018. ( read original story ...)
Hong Kong after electoral overhaul and post-national security law: how quiet will this year’s Legislative Council poll be?
In the lead-up to the election, top officials have sought to manage expectations over the level of public participation no matter how it plays out. ( read original story ...)
Hong Kong Retail Banking Market Report- Review, Forecasts, and Future Opportunities | Outlook, Survey Insights, Competitor Update
The Hong Kong Retail Banking Market research report provides wide range coverage of the Hong Kong Retail Banking Market in the forecast period 2021 2026 Hong Kong Retail Banking Market provides ... ( read original story ...)
HSBC fined US$64 million by UK regulator for anti-money-laundering lapses
The Financial Conduct Authority said three key parts of HSBC’s automatic monitoring system had serious weakness over an eight-year period until March 2018. ( read original story ...)
HSBC suffers money-laundering déjà vu
HSBC , executives must be suffering from a sense of déjà vu. Britain’s Financial Conduct Authority on Friday fined the global bank 63.9 million pounds for deficiencies in its anti-money laundering ... ( read original story ...)
HSBC Fined GBP63.95M for Anti-money Laundering Failings
The UK Financial Conduct Authority (FCA) today (17th) announced that HSBC HOLDINGS (00005.HK) had been fined GBP63.95 million for failings in the anti-money laundering process, reported Reuters. Three ... ( read original story ...)
HSBC Puts Best Lending Rate On Hold at 5%
HSBC announced that it maintained the best lending rate intact at the current level of 5%. The last adjustment was dated back on 1 November 2019, when the rate was cut by 12.5 bps. Meanwhile, the bank ... ( read original story ...)
Tencent, Alibaba push Hang Seng into weekly loss as US sanctions more Chinese firms over Xinjiang issues
Hong Kong stocks slipped, heading for a weekly loss, after the US sanctioned more Chinese tech companies and added others to a blacklist for alleged human rights abuses in the far-west Xinjiang region ... ( read original story ...)