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Tag: banking

Posted on 11/07/2025

OpenAI Challenger Zhipu Said to Weigh Shifting IPO to Hong Kong

Chinese AI startup Zhipu is considering shifting its planned initial public offering to Hong Kong instead of mainland China, according to people with knowledge of the matter, adding to a dealmaking ...

Posted on 11/07/2025

Can Stablecoins Power Decentralized Finance Without Centralizing It?

DeFi was created to bypass reliance on intermediaries, but now it depends on centrally issued stablecoins, raising questions about control and resilience.

Posted on 11/07/2025

China stocks flat after touching 9-month high; Hong Kong gains on Goldman upgrade

** In Hong Kong, the benchmark Hang Seng Index closed 0.5% up at 24,485.49, also pulling back from a 4-month high hit during earlier trades. The Chinese H-share index listed in Hong Kong, the Hang ...

Posted on 11/07/2025

Hong Kong’s financial secretary expects real GDP growth of 3.5% … – CNN

Hong Kong’s Covid-hit economy will return to growth this year and expand by between 3.5% and 5.5%, as the city opens up and China’s economic outlook improves, Hong Kong’s financial secretary ...

Posted on 11/07/2025

HSBC Tests Hong Kong Digital Currency on Ethereum, Arbitrum, and Polygon

HSBC tested e-HKD+ on Ethereum, Arbitrum, and Polygon to explore secure, scalable digital currency settlement options.

Posted on 10/07/2025

Hong Kong says Chong Sing Heritage Trust an unauthorized bank

The bank does not have authorization to carry a banking business in Hong Kong. Hong Kong Monetary Authority (HKMA) said that the entity “Chong Sing Heritage Trust Bank” does not have authorization to ...

Posted on 10/07/2025

China‑Linked Digital Banks Target Hong Kong’s Insurance Market, Exposing Need to Go Beyond Virtual‑Only Models

For instance, in March, PAO Bank, an online-only bank backed by Shenzhen-based conglomerate Ping An Insurance Group, obtained an insurance agency license and partnered with Ping An Insurance Hong Kong ...

Posted on 10/07/2025

HSBC and LIV Golf sign multi-year deal, bank to back league’s 14-event season, 2 teams

HSBC to throw weight behind Bryson DeChambeau’s Crushers GC, and Lee Westwood, Ian Poulter and Henrik Stenson’s Majesticks GC.

Posted on 10/07/2025

Chinese Robotics Firms Prepare for Hong Kong Listing to Ease Financial Pressure

(Yicai) July 10 -- Chinese robotics companies, including Geek+ and a dozen others, are pursuing listings on the Hong Kong Stock Exchange this year, with a view to securing much-needed funding after ...

Posted on 10/07/2025

Intense Demand for Hong Kong’s New Stablecoin Licensing Program

Hong Kong’s new stablecoin licensing framework draws strong global interest, with stringent criteria limiting approvals to a select few.

Posted on 10/07/2025

Hang Seng Bank, Hong Kong’s Fourth-Largest, Is a Listed … – Morningstar

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.

Posted on 10/07/2025

Hang Seng Bank Unveils Newly Renovated Hong Kong Main Branch with the Debut of the Market-New ‘Come to You’ Service Concept – Yahoo Finance

Hang Seng Bank ('Hang Seng') today (18 November 2024) unveiled the newly renovated Hong Kong Main Branch in Central with the launch of Future Banking 2.0 – a bold transformation that seamlessly ...

Posted on 10/07/2025

Exclusive: HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk | Reuters

HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC (HSBA.L), opens new tab plans to tighten risk management at Hong Kong unit Hang Seng Bank (0011.HK), opens new tab due to worries about a potential rise ...

Posted on 10/07/2025

Hang Seng Bank Ltd’s Dividend Analysis – Yahoo Finance

Hang Seng Bank Ltd (HSNGY) recently announced a dividend of $0.41 per share, payable on 2024-04-01, with the ex-dividend date set for 2024-03-05. As investors look forward to this upcoming payment ...

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