Tag: banking

Aiming to grow sales to US$300 million in 2027, the company is eyeing a Nasdaq IPO and then a Hong Kong secondary listing.

HSBC Holdings plc has announced plans to privatise its Hong Kong-listed subsidiary Hang Seng Bank in a deal worth about HK$290 billion (about $37 billion) — a move the group says will simplify its ...

Hong Kong and China have announced a collaboration to test blockchain links for credit verification. According to reports, the Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) ...

HSBC said it plans to buy out minority interests in Hong Kong's Hang Seng Bank for HK$106.1 billion ($13.63 billion), paying a premium to take control of a subsidiary hit by faltering property markets ...

This comes in when Hong Kong has been pitching itself as the digital asset capital of Asia. The message from Beijing suggests investors not get too comfortable. HashKey IPO sparks ...

Hong Kong expands e-CNY use, adding more merchants and exploring higher wallet limits to boost cross-border payments.

China's Ant Group plans to raise more funds on Shanghai's Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in a ...

For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors Read more at The Business Times.

The bank's analysts started coverage of crypto exchange OSL with a buy/high risk rating and a HK$21.80 price objective ...

Xiamen Hithium Energy Storage Technology Co. Ltd. is likely to restart its Hong Kong IPO process in the next three months, after its application filed earlier this year expired, as it seeks funds for ...

Xiamen Hithium Energy Storage Technology Co. Ltd. is likely to restart its Hong Kong IPO process in the next three months, after its application filed earlier this year expired, as it seeks funds for ...

HSBC Holdings has offered to take Hong Kong’s Hang Seng Bank private in a US$13.6 billion deal, advancing its Asia-focused strategy as the banking giant continues to streamline its business.

HSBC offers to buy subsidiary Hang Seng Bank’s shares for HK$155 each, according to an exchange filing on Thursday.

Chinese inverter and storage manufacturer Sungrow has revealed details of its planned flotation on the Hong Kong Stock Exchange.