Category: FINANCE

A SPAC backed by China Merchants Bank applied to list in Hong Kong late on Monday, the first company to do so since new rules allowing such listings took effect at the start of this year. HONG KONG, ... ( read original story ...)

THE Hongkong Shanghai Banking Corp. (HSBC) has appointed Sandeep Uppal as president and chief executive officer of its Philippine unit, the bank said in a statement. ( read original story ...)

HSBC on Monday announced that Sandeep Uppal has been appointed as the new president and chief executive officer of HSBC Philippines, subject to regulatory approval.In a ... ( read original story ...)

Marco Montanari joins in the newly created role of global capability head, ETF & indexing, as part of the firm's repositioning of its passive business. ( read original story ...)

Qingdao AInnovation Technology Group, an artificial intelligence solutions start-up, has kicked off its Hong Kong IPO, eyeing proceeds of up to HK$1.22bn ($156.9m). China Renaissance, CICC and UBS are ... ( read original story ...)

A possible rate hike in March will also positively affect the bank. Bank of China’s Hong Kong franchise (BOCHK) is expected to be a prime beneficiary of the growth of cross-border financial services ... ( read original story ...)

And those already listed overseas have another issue to contend with: should they delist and make a fresh IPO back home? Ever since ride-hailing giant Didi's fortunes suddenly reversed last year, more ... ( read original story ...)

The South Korean group's $11 bln spinoff was partly designed to unlock value. But the parent now trades at a discount to its 82% stake in its newly unleashed subsidiary. Its unloved ... ( read original story ...)

Ahead of coming address in February, financial secretary has faced mounting calls to roll out fresh round of consumption vouchers or more sweeteners He says targeted approach may lead to backlash over ... ( read original story ...)

Ahead of coming address in February, financial secretary has faced mounting calls to roll out fresh round of consumption vouchers or more sweeteners. ( read original story ...)

ZA Bank says its gamification strategy is resonating with Hong Kong's millennials and Generation Z in the digital era Over a quarter of Hong Kong's adult population is expected to have a virtual bank ... ( read original story ...)

An exodus of expatriates and locals from Hong Kong is poised to intensify this year, as policymakers continue their crackdown on civil society and brush off an increasing uproar over aligning with ... ( read original story ...)

The development adds to the momentum of decoupling between the world’s two largest economies, reversing a trend that nurtured some of China’s most influential companies and enriched global banks and ... ( read original story ...)

HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the explosive growth of the stablecoin market in terms of market capitalization since 2020 and the concurrent regulatory ... ( read original story ...)