The market has been rallying this week in Hong Kong in particular with several indications that the crackdown is coming to a close. But an Ant IPO revival? That really would take us back to the start. ( read original story ...)
Mulling over a future with ‘blank checks’
Hong Kong's new listing regime for special purpose acquisition companies has drawn a slow but encouraging response amid global geopolitical uncertainties. Market pundits say the regime will attract ... ( read original story ...)
China’s Securities Regulator Denies Conducting Review Of Ant Group’s IPO
China’s securities regulator said that it isn’t currently reviewing nor conducting research to revive the initial public offering of billionaire Jack Ma’s Ant Group, after multiple media reports ... ( read original story ...)
Indian PSBs plan to exit Hong Kong as strict regulations, Covid woes pinch
State Bank of India (SBI) will likely be the only PSB in Hong Kong, alongside private sector banks ICICI and HDFC ... ( read original story ...)
HSBC HK Mobile Banking App Goes Wrong again Ytd
After reporting an outage on Sunday (5th), HSBC HK Mobile Banking app registered another malfunction yesterday (9th), where users were once unable to log in their accounts, according to media report. ( read original story ...)
Citigroup to hire 3,000 for Asia institutional banking, mostly for Singapore and Hong Kong
Singapore and Hong Kong will be key focus of the additional headcount, says bank's Asia-Pacific CEO. Read more at straitstimes.com. ( read original story ...)
Alibaba leads tech slide in Hong Kong as China, Ant Group deny IPO revival plans while Nio sinks after EV forecasts underwhelm
Tech stocks lead a slide in Hong Kong on concerns Chinese authorities are still keeping a tight rein on the industry, tempering recent optimism about an easing in crackdown. ( read original story ...)
HSBC Buys back 3.065M Shrs in HK, London Ytd for $155M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.065 million shares in London and Hong Kong yesterday (9th), involving a total of approximately HKD155 million. HSBC repurchased ... ( read original story ...)
Expensive Lessons Learnt? Recent Court Cases On Missteps By Money Lenders In Hong Kong.
Expensive Lessons Learnt? Recent Court Cases On Missteps By Money Lenders In Hong Kong. Legal News and Analysis - Hong Kong - Banking & Finance, Regulatory & Compliance - ... ( read original story ...)
EXCLUSIVE Beijing gives initial nod to reviving Ant IPO plans in Shanghai, Hong Kong-sources
China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering in Shanghai and Hong Kong, two sources with knowledge of the matter told ... ( read original story ...)
Chinese Canadian activist criticizes release of his attacker with no jail time: ‘This isn’t justice’
A Canadian activist attacked by two men in late 2020 has criticized the court for giving his assailants "lenient" sentences and expressed fear that the ruling would encourage further harassment. Louis ... ( read original story ...)
PSBs now look to move out of Hong Kong on bleak prospects
Out of the eight public sector banks operating in Hong Kong, four have already closed or are at different stages of closing. Three others are contemplating the future of their operations post-Covid. ( read original story ...)
EXCLUSIVE Beijing gives initial nod to revive Ant IPO after crackdown cools-sources
China's central leadership has given billionaire Jack Ma's Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said, in the clearest ... ( read original story ...)
Quotes: China to consider reviving Ant Group’s IPO: Bloomberg News
Chinese financial regulators have started early stage talks on a potential revival of Ant Group's initial public offering (IPO), Bloomberg News reported on Thursday, citing people familiar with the ... ( read original story ...)