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Category: FINANCE

Posted on 07/07/2022

Founder of Hong Kong online media HK01 and two related firms taken to court over HK$419m debt

Yu Pun-hoi, the founder of Hong Kong online publication HK01, as well as two companies linked to him are being sued by a bank for an outstanding sum of HK$400 million. China Merchants Bank filed three ... ( read original story ...)

Posted on 07/07/2022

WeLab Bank Launches GoWealth and Becomes Asia’s 1st Purely-digital Bank to Launch Digital Wealth Advisory Solution

WeLab Bank (or "the Bank"), the virtual bank dedicated to curating intelligent banking experience, announced that it had become Asia's 1st purely-digital bank independent of traditional banking groups ... ( read original story ...)

Posted on 07/07/2022

Eye on Lithium: Tianqi’s massive US$1.7b Hong Kong IPO ‘could be leading indicator for turnaround’ in lithium stocks

Tianqi Lithium raises US$1.7b in Hong Kong IPO, selling shares for HK$82 each Critical Resources wraps up inaugural 5,000m drilling ... Read More The post Eye on Lithium: Tianqi’s massive US$1.7b Hong ... ( read original story ...)

Posted on 07/07/2022

Lithium Giant Tianqi Set to Raise $1.7 Billion in Biggest Hong Kong IPO This Year

Lithium Giant Tianqi Set to Raise $1.7 Billion in Biggest Hong Kong IPO This Year. BEIJING, July 6 (TMTPOST)— One of the world’s biggest producers of lithium chemi ... ( read original story ...)

Posted on 06/07/2022

Commentary: Hong Kong’s IPO market lags behind other exchanges

As the flow of deals at the Hong Kong stock exchange dries up, confidence is beginning to wane, says the Financial Times’ Hudson Lockett. ( read original story ...)

Posted on 05/07/2022

DBS appoints ex-Vickers HK CEO as head of private banking, Greater China

Carol Wu has been with DBS for 14 years. DBS Bank (Hong Kong) has named Carol Wu as the new head of private banking for its Greater China business. Wu will be responsible for managing and developing ... ( read original story ...)

Posted on 05/07/2022

Hong Kong exchange enlists HSBC, Tencent to help create carbon market

Hong Kong's stock exchange said on Tuesday it had enlisted banks including HSBC and companies such as China's Tencent to help it develop a global carbon market.Worldwide efforts to combat climate ... ( read original story ...)

Posted on 05/07/2022

Tuya launches Hong Kong IPO and prepares for accelerated growth overseas

Tuya is following an ongoing trend of US-listed Chinese companies seeking a dual listing in Hong Kong. It priced its initial offering in Hong Kong at HK$19.30. ( read original story ...)

Posted on 05/07/2022

Endowus Launches in Hong Kong making its first Overseas Market Entry

Endowus, Asia's leading digital wealth platform is committed to providing investors with the most professional and comprehensive wealth management products, offering best-in-market solutions to ... ( read original story ...)

Posted on 05/07/2022

Live news updates: Hong Kong may ease quarantine rules as airline bans reach 100 for year

The bank has warned that inflation in Australia — which is already running at 21 year high — could hit 7 per cent by the end of the year so a tightening of policy was necessary. “Today’s increase in ... ( read original story ...)

Posted on 05/07/2022

HSBC Buys back Over 2.42M Shrs in HK, London Ytd for $124M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 2.422 million shares in London and Hong Kong yesterday (4th), involving a total of approximately HKD124 million. HSBC repurchased ... ( read original story ...)

Posted on 05/07/2022

ZA Bank, a Hong Kong Digital Only Bank, Uses “Millionaire PowerDraw” to Boost Users

ZA Bank, one of a handful of regulated digital-only banks in Hong Kong, has announced a new promotion to increase users. ZA Bank has launched “Millionaire PowerDraw” to “bring joy to HongKongers.” The ... ( read original story ...)

Posted on 05/07/2022

FY2023 Earnings Estimate for BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Issued By Jefferies Financial Group

Analysts at Jefferies Financial Group increased their FY2023 earnings per share estimates for BOC Hong Kong in a note issued to investors on Thursday, June 30th. Jefferies Financial Group analyst now ... ( read original story ...)

Posted on 04/07/2022

Chinese mainland, Hong Kong expand financial cooperation with Swap and ETF connects

In a sign of deepening financial cooperation between the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) amid the 25th anniversary of Hong Kong's return to the motherland, ... ( read original story ...)

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