HONG KONG (Reuters) - Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. $2 billion mega IPO this year. The streaming music ... ( read original story ...)
Tandem Bank strikes HK deal to launch digital banking in Asia
Tandem Bank in the UK is set to strike a deal with Hong Kong’s Convoy Global Holdings, as part of a plan to secure funding and launch one of the first digital banks in Hong Kong as the city prepares f... ( read original story ...)
Tandem Bank takes in £15m from Convoy in Hong Kong expansion
Fintech challenger bank Tandem has today closed a strategic partnership with Convoy Global Holdings, a Hong Kong-based financial services group which will make the London startup one of the first digi... ( read original story ...)
Convoy Global buys ‘significant’ stake in Britain’s Tandem Bank, as part of digital banking move
as it seeks to apply for a virtual bank licence from the Hong Kong Monetary Authority, according to a stock exchange filing on Tuesday. Under an agreement on Tuesday, Convoy Technologies, a subsidiary ... ( read original story ...)
In Hong Kong, One in Five Are Living in Poverty
(Bloomberg) -- The number of people living in poverty in Hong Kong hasn’t declined even with an increase in government assistance, the latest reminder of persistent income inequality in one of the wor... ( read original story ...)
Hang Seng Bank completes blockchain-based transaction on eTradeConnect
Hong Kong-based Hang Seng Bank has announced that it has completed a pilot trade transaction using the eTradeConnect platform. Hang Seng Bank officials said that it facilitated an end-to-end blockchai... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) global uncertainties on trade and Brexit
Meanwhile, Hong Kong’s Hang Seng index advanced 0.72 percent to close at 26,372. Overall, the bias in prices is: Downwards. The projected upper bound is: 27,506.45. The projected lower bound is: 25,20... ( read original story ...)
Hong Kong Occupy protest leaders go on trial
The nine democracy leaders on trial for their part in the 2014 Occupy protests were escorted into court by supporters carrying yellow umbrellas © Getty The Hong Kong authorities also effectively expel... ( read original story ...)
Hong Kong lawmaker to withdraw Legco motion calling for national security law amid business concerns over proposed sanctions in US report
A pro-Beijing party in Hong Kong is set to withdraw a legislative motion calling for controversial national security laws amid concerns it would be used to justify American sanctions on the city over ... ( read original story ...)
Hong Kong protest leaders warn of threat to civil rights
Hong Kong protest leaders who went on trial Monday for spearheading ... a bedrock value that undergirds the city's standing as a global business capital. The former British colony was handed over to C... ( read original story ...)
Hong Kong’s Umbrella protest organizers on trial for public nuisance charges
... Hong Kong people are entitled to,” said defendant and University of Hong Kong law professor Benny Tai at a news conference following the first day of the trial. Tai, along with another ... ( read original story ...)
Billionaire-Backed Hong Kong Fintech Firm Plans U.S. IPO
It aims to start trading next year, the people said, asking not to be identified because the information is private. Proceeds from the IPO will be used to develop TNG’s planned virtual banking busines... ( read original story ...)
Bitmain and Ebang’s Hong Kong IPO dreams in question
HONG KONG -- China's Bitmain Technologies Holding and Ebang International Holding, the two largest bitcoin mining equipment makers in the world, are widely expected to follow peers in delaying ... ( read original story ...)
Hong Kong activists on trial for pioneering the ‘Umbrella’ protests
Nine pro-democracy activists in Hong Kong have pleaded not guilty in a trial seen as a test of judicial independence from Beijing. They have been charged with "public nuisance" over the 2014 "Umbrella ... ( read original story ...)