China's Ant Group has won the final nod from the country's top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle ... ( read original story ...)
Goldman Fined $350 Million by Hong Kong Over 1MDB Scandal
Goldman Sachs Group Inc.’s Asian unit was fined $350 million by Hong Kong’s financial regulator over its role in Malaysia’s 1MDB investment-fund scandal. ( read original story ...)
Hong Kong slaps a record fine of US$350 million on Goldman Sachs’ Asia unit for its role in underwriting 1MDB’s bond sales
The US bank lacked adequate controls in place to monitor staff and detect misconduct in its day-to-day operation, and allowed the 1MDB bond offerings to proceed when numerous red flags surrounding the ... ( read original story ...)
HSBC’s Iconic Hong Kong Lions Make Return
The two bronze lion statues standing guard outside HSBC Holdings Plc’s main office in Hong Kong that were damaged and defaced during tumultuous protests at the start of this year have made their ... ( read original story ...)
HSBC’s iconic lions, Stephen and Stitt, back on public view after first phase of restoration works since New Year vandalism
HSBC carried out a simple blessing ceremony on Thursday to welcome back Stephen and Stitt for the first time since they were vandalised by anti-government protesters on New Year day. ( read original story ...)
HSBC gains new securities services mandate in Hong Kong
HSBC has been appointed trustee, custodian and fund administrator for the first two exchange-traded funds (ETFs) in Hong Kong under the cross-listing scheme between Hong Kong and mainland China. ( read original story ...)
Hong Kong fines Goldman Sachs record $350 million over 1MDB failings
Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's multibillion-dollar 1MDB scandal, the largest single fine ever levied by ... ( read original story ...)
Goldman Fined $350 Million by Hong Kong Regulator Over 1MDB Scandal
A Hong Kong regulator fined a local unit of Goldman Sachs Group $350 million for the investment bank’s role in a multibillion-dollar scandal involving Malaysian investment fund 1MDB. ( read original story ...)
Hong Kong’s First Multi-Cloud Challenger Bank Goes Live with Temenos
WeLab Bank designed, built and launched using cloud-native Temenos Transact in less than 10 months WeLab offers next generational digital services for the 7.5m people in Hong Kong to access from their ... ( read original story ...)
Ant Group IPO gets the green light from regulators for its blockbuster listing
Ant Group — the crown jewel of billionaire Jack Ma's tech empire — is one step closer to its highly anticipated market IPO in Shanghai and Hong Kong. ( read original story ...)
Hong Kong stocks inch higher as financials lend support
Hong Kong-listed shares of BYD Co Ltd rose as much ... the head of the central bank Yi Gang said on Wednesday. ** China’s main Shanghai Composite index closed down 0.38% at 3,312.50, while ... ( read original story ...)
Hong Kong’s ‘lions’ are back to their rightful places
HSBC, which counts Hong Kong as its biggest market, has been caught in a tough spot. The attack on the lions came after the bank closed an account linked to the city's pro-democracy movement in ... ( read original story ...)
Hong Kong Bourse Due For Profit Taking On Thursday
The Hong Kong stock market has climbed higher in four straight sessions, surging more than 600 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 24,750-point plateau ... ( read original story ...)
HKMA sells HK$5.43 bln in NY hours as currency hits strong end of band
The Hong Kong Monetary Authority sold HK$5.425 billion ($700 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)