a portfolio manager at Samsung Asset Management (HK). The top 10 holdings of the ETF are likely to include US-listed exchange CME Group, which offers bitcoin futures contracts, cryptocurrency banking ... ( read original story ...)
Hang Seng Bank Limited (OTCMKTS:HSNGY) Short Interest Update
Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 28,400 shares, a ... ( read original story ...)
HSBC, Standard Chartered must address ‘shortcomings’ in plans for a potential bank failure: Bank of England
Britain’s biggest banks can fail ‘safely’ in a future financial crisis, continuing to provide ‘vital’ services to customers, but more work still needed by some, Bank of England says. ( read original story ...)
IPO Listings Slow in Asia
In total, just $2.1 billion has been raised in 2022 via IPOs and secondary listings in Hong Kong. When compared to the $20.7 billion raised over the same period in 2021, the figures make for the ... ( read original story ...)
BOC prices green outing at ‘eye-catching’ level
Bank of China’s Frankfurt branch sold a tightly priced $500m three year green bond on Thursday, riding on strong local demand and backing from its bookrunners to get away with razor-thin landing ... ( read original story ...)
Ant Group IPO Revival Buffets Alibaba Stock
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 ...)