Category: FINANCE

China Tourism’s multibillion-dollar IPO could come this quarter, say sources, as the retailer looks to Hainan’s duty-free zone to capture domestic spending. ( read original story ...)

Investors who bought Kuaishou Technology after the TikTok rival went public in Hong Kong have notched the widest peak-to-trough slump among global initial public offerings this year ... ( read original story ...)

Hong Kong stocks on Thursday notched their biggest daily percentage gain in 10 weeks, tracking Asian peers higher, with technology shares rebounding while major property developers jumped after the ... ( read original story ...)

Hong Kong stocks rose on Thursday, on course for the biggest percentage gain in over 6 weeks, tracking gains with Asian peers fuelled by a late recovery on Wall Street, with major property developers ... ( read original story ...)

Asian stocks follow the footsteps of the Wall street price action on Thursday. US debt ceiling, European gas supplies, and weaker commodities make traders' diaries full. US and China agreed to a ... ( read original story ...)

For the first six months of the 2021 calendar year, the commercial banking segment in India has delivered a PBT of $146 million, up 76 percent from $83 million for the corresponding period in 2020, ... ( read original story ...)

The Hong Kong stock market headed south again on Wednesday, one session after ending the two-day slide in which it had plummeted more than 620 points or 2.6 percent. The Hang Seng Index now sits just ... ( read original story ...)

Hong Kong is set to boost its financial prowess and endeavors in integrating with the nation’s economic development by leveraging the central government’s supportive policies and the Chinese ... ( read original story ...)

Luanne Lim, Acting Chief Executive Officer at HSBC HK, expressed that, as the largest offshore RMB center in the world, Hong Kong has been constantly pushing forward the internationalization of RMB ... ( read original story ...)

Fenny Chan and Angela Chow are the latest Directors to join RBC Wealth Management’s private banking team to support high-net-worth and ultra-high-net-worth clients in the region. They will focus on ... ( read original story ...)

Hong Kong is planning to set up a "mega-courtroom" to handle cases involving multiple defendants after thousands of arrests since mass protests in 2019 strained the Asian financial hub's courts.. Read ... ( read original story ...)

... Kong Special Administrative Region Carrie Lam unveiled Wednesday an array of new measures to reinforce Hong Kong's status as a global financial hub, including improving the listing regime of the ... ( read original story ...)

Moody's affirms ratings and changes outlook to stable on 9 Indian banks, following sovereign rating actionRead the full article at ... ( read original story ...)

Co’s Hong Kong IPO, as the company targets a HK$13.19bn ($1.69bn) valuation. Mainland-based MicroTech manufactures medical devices for diabetes management. Founded in 2011, the company began selling ... ( read original story ...)