Tag: banking

Chinese authorities have cited “major issues” for halting the IPO, but major issues do not show up this late in the game. ( read original story ...)

The planned stock market debut of the world's biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting ... ( read original story ...)

Despite gaining regulatory approval, it's a message to management that it only operates at the behest of the Communist Party. ( read original story ...)

Mom-and-pop investors who put in bids worth a record $3 trillion (2.3 trillion pounds) in China's Ant group - equivalent to Britain's annual economic output - were stunned after regulators abruptly ... ( read original story ...)

Hong Kong stocks ended lower on Wednesday in volatile trading, after early results from the U.S. presidential election proved far closer than polls had predicted. ** The Hang Seng index fell 0.2% to ... ( read original story ...)

Refunds will be given to the 1.55 million Hong Kong investors in two batches; some brokers plan to waive interest on IPO loans. ( read original story ...)

At AXA Hong Kong and HSBC, we are committed to raising the awareness of the importance of home insurance in protecting property among Hongkongers and we understand that homeowners, landlords and ... ( read original story ...)

Hong Kong stocks slid from a two-month high after a shock decision to suspend Ant Group's record-breaking IPO punished Alibaba Group Holding and other fintech peers on regulatory tightening risks. ( read original story ...)

Three men and three women were detained in a series of raids on Tuesday, while police have frozen bank accounts containing HK$3.1 million they suspect of being the proceeds of crime. The firm at the ... ( read original story ...)

Hong Kong stocks swung between gains and losses after Chinese regulators scrapped Ant Group Co.’s $35 billion initial public offering, and as investors digested early results in the U.S. election. ( read original story ...)

Chinese billionaire Jack Ma saw his wealth plunge after regulators abruptly suspended the $35 billion initial public offering of Ant Group. ( read original story ...)

Hong Kong stocks dropped after Chinese regulators scrapped Ant Group Co.’s $35 billion initial public offering. ( read original story ...)

China's shock, last–minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on Wednesday and left investors reeling. ( read original story ...)

The Hong Kong stock market has moved higher in two straight sessions, gaining more than 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 24,940-point plateau and ... ( read original story ...)