Tag: banking

Compared to other technologies, fintech is the equivalent of a new industrial revolution, Christopher Hui told CNBC. ( read original story ...)

Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, the ... ( read original story ...)

Hong Kong and China markets started the first trading day of the month on a positive note following a sell-off last week, as investors shrugged aside rising global coronavirus infections. Market ... ( read original story ...)

Chinese data center company GDS Holdings Ltd. rose 3% from its offer price after raising $1.67 billion in its Hong Kong secondary listing, the latest U.S.-traded Chinese company to sell shares in the ... ( read original story ...)

Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted an investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, ... ( read original story ...)

BOC Hong Kong (OTCMKTS: BHKLY) is one of 74 public companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its competitors? We will compare BOC Hong Kong to ... ( read original story ...)

Shanghai is on track to steal the global IPO crown this year, bolstering a drive by Beijing to reduce its reliance on foreign financial markets and giving China a powerful one-two fundraising punch ... ( read original story ...)

But it is about to break all initial public offering (IPO) records with its IPO in Hong Kong and Shanghai. On Friday (Oct 30), individual investors in Hong Kong and Shanghai snapped up at least US$3 ... ( read original story ...)

Hong Kong residents will soon be able to open personal bank accounts in the Greater Bay Area without having to visit the mainland in person, allowing them to access banking services such as mortgage ... ( read original story ...)

Shares set to debut in Shanghai were oversubscribed 872 times, while the Hong Kong portion saw bids for 389 times the stock on offer. ( read original story ...)

HSBC reported better than expected Q3 results. The bank is benefiting from a strong economic recovery in Asia. ( read original story ...)

Retail investors placed bids for a record $3 trillion (2.3 trillion pounds) of shares in Ant Group Co Ltd's initial public offering (IPO), set to be the world's biggest, as mom-and-pop savers bet on ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong’s long recession showed signs ... then the economy can really begin to recover,” said Samuel Tse, an economist at DBS Bank. The global financial hub’s economy had ... ( read original story ...)

BOC Hong Kong (Holdings) Ltd. said operating profit before impairments fell 3.9% in the first three quarters as the Covid-19 pandemic cut into business activity. Operating profit before impairments ... ( read original story ...)