Category: FINANCE

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 ...)

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 ...)

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 ...)

Hong Kong’s monetary authority will roll out the red carpet for the world’s top financiers, as it aims to reverse an exodus of financial talent from the city to reclaim its place in global finance ... ( read original story ...)

China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering plans in both Shanghai and Hong Kong, two sources with knowledge of the matter ... ( read original story ...)

Hong Kong’s monetary authority will roll out the red carpet for the world’s top financiers, as it aims to reverse an exodus of financial talent from the city to reclaim its place in global finance ... ( read original story ...)

The Hong Kong Securities and Futures Commission (SFC) has stepped up its awareness campaign on non-fungible tokens (NFTs), cautioning investors against investing in them if ... ( read original story ...)

A Hong Kong-based trade platform launched by HSBC Holdings three years ago with much fanfare has shut down after failing to build a commercially viable business.Serai, a wholly-owned subsidiary of ... ( read original story ...)

HONG KONG : A Hong Kong-based trade platform launched by HSBC Holdings three years ago with much fanfare has shut down after failing to build a commercially viable business, the London-headquartered ... ( read original story ...)

Pando Finance was successfully granted the unconditional license from the Securities and Futures Commission ("SFC") of Hong Kong to carry out Type 1, 4, and 9 regulated activities, in the scope of ... ( read original story ...)

HSBC has called time on Serai, its wholly owned subsidiary that operated as an online B2B platform for SME trade, after the venture failed to make money. Originally launched in 2019 as part of the ... ( read original story ...)

London-listed St James's Place is looking for a chance to expand into China's pension market, either through a joint-venture or on its own The company also released research showing Hongkongers with ... ( read original story ...)

Sports Institute chairman Lam Tai-fai says government will be partly to blame if athletes fail to build on Tokyo Olympics success, and calls for new training facilities to built in New Territories. ( read original story ...)

Could the next frontier of banking services lie in the metaverse? For Standard Chartered Bank (SCB) Hong Kong, it just might be. The bank, through its investment arm, SC Ventures, recently purchased ... ( read original story ...)