Category: FINANCE

Fitch Ratings has affirmed The Hongkong and Shanghai Banking Corporation Limited's (HKSB) Long-Term Issuer Default ... ( read original story ...)

Louisa Cheang Wai-man, the former Hang Seng Bank CEO, died last week at the age of 57, according to sources. A memorial service will be held in Wan Chai on Friday, a source said. HSBC, where Cheang ... ( read original story ...)

... Pang to head of its Natural Resources Clean Energy Transition NRCET Investment Banking team for Asia, in a media note. The position is newly created and based in Hong Kong, according to the ... ( read original story ...)

MicroTech Medical (Hangzhou), a healthcare company focused on diabetes management, has priced a HK$1.94bn (US$249m) Hong Kong IPO at HK$30.50 per share, just short of the maximum marketed price of ... ( read original story ...)

Chinese social e-commerce startup Xiaohongshu, also known as Little Red Book, is mulling a Hong Kong IPO as soon as this year, Bloomberg reported on Monday. The listing could raise between $500 ... ( read original story ...)

The Hong Kong stock market has climbed higher in three straight sessions, surging more than 1,350 points or 5.7 percent along the way. The Hang Seng Index now sits just above the 25,325-point plateau ... ( read original story ...)

US asset manager Capital Group has hired Toby Chan from Hong Kong and Shanghai Banking Corporation for a newly created role as head of its Hong Kong client group. She will be responsible for ... ( read original story ...)

Clients still want to be international, underscoring the need for lenders who bridge East and West, says Noel Quinn, the bank’s CEO. ( read original story ...)

Chinese startup Xiaohongshu, or “Little Red Book,” is weighing a Hong Kong initial public offering to raise at least $500 million, after putting its U.S. listing plans on hold, according to people ... ( read original story ...)

Hong Kong stocks rallied to near a four-week high as investors bet the worst is over on tech sector regulatory crackdown following the end of investigation into Meituan. ( read original story ...)

Lenovo Group Ltd said it decided to withdraw its application for an initial public offering on the Shanghai Stock Exchange's Science and Technology Innovation Board, due to a reconsideration of its ... ( read original story ...)

The "Hong Kong Retail Banking - Competitor Benchmarking 2021" report has been added to ResearchAndMarkets.com's offering. This report looks at market performance, retention risk, and current account ... ( read original story ...)

Alibaba Hong Kong Entrepreneurs Fund ("AEF") today announced that HSBC will be the title sponsor of the startup event JUMPSTARTER, which will be named Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2022 ... ( read original story ...)

ANZ has appointed Michael Yeung as a manager in the leveraged and acquisition finance (LAF) team in Hong Kong. Yeung started the new position in September. He reports to Hong Kong-based Ciaran Voyles, ... ( read original story ...)