Category: FINANCE

China's Ping An Insurance Group said it supported calls to restructure HSBC , which could include a spinoff of its Asia business, saying it cared about investment returns from its large stake in the ... ( read original story ...)

The retailers plans include investment in doemstic and overseas channels, including new downtown, airport and cruise stores and pursuit of acquisitions in overseas travel retailers ... ( read original story ...)

Hong Kong said it will issue its third-highest typhoon warning on Wednesday as tropical storm Ma-on makes its way toward the city, threatening to disrupt market trading in the financial hub. Most Read ... ( read original story ...)

BEIJING: China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday (Aug 24).  Zhang, president of the Agricultural Bank of China, one of ... ( read original story ...)

China's Ping An Insurance Group defended its call to spin off HSBC's Asia business, saying it cared about investment returns from its large stake in Europe's biggest bank but was not an activist ... ( read original story ...)

SHANGHAI — Hong Kong shares fell to a three-month trough on Wednesday while mainland China stocks touched two-week lows, weighed down by concerns about a slowdown in the world’s second largest economy ... ( read original story ...)

Ping An Insurance Group defended its call to spin off HSBC's Asia business, citing its large holdings in the bank that affects its investment returns. "It is a significant investment and we've ... ( read original story ...)

"We are not an activist investor," she said. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. ( read original story ...)

Global Engine Group Holding Limited has filed to raise $17 million in a U.S. IPO. Read what investors need to know about GLE here. ( read original story ...)

Many fintech start-up executives surveyed by Google view Hong Kong as being relatively uncompetitive compared to other fintech hubs More than 60 per cent of them said they face a severe talent gap ... ( read original story ...)

Yonghui Fresh Food, the fast-growing grocery supply affiliate of one of China’s biggest retail conglomerates, is seeking to raise about $200 million ahead of a Hong Kong initial public offering next ... ( read original story ...)

Several of Wall Street's biggest banks have made quarantine-free travel a precondition for senior executives to attend the conference. Read more at straitstimes.com. ( read original story ...)

Hong Kong’s GigaCloud Technology (GCT), which went public last week through a $36M US initial public offering, saw its stock slide 31% in midday Monday ... ( read original story ...)

Major Chinese financial institutions will have to lead the way in maintaining the stable growth of total loans and protecting the reasonable financing needs in the real estate sector, China's central ... ( read original story ...)