Tag: banking

The Hong Kong Monetary Authority sold HK$2.325 billion ($300 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 ...)

HSBC Hong Kong unveiled its business management API platform – HSBC Smart Solution – specially designed for SMEs in the region. ( read original story ...)

Hong Kong shares ended higher for a fourth consecutive session on Wednesday, as hopes for a new round of U.S. fiscal stimulus and strong third quarter results due to China’s accelerated economic ... ( read original story ...)

Banks operating in Hong Kong have been told to report financial transactions believed to violate the city’s controversial national security law (NSL) as they would suspected incidents of money ... ( read original story ...)

The HSBC share price has crashed almost 50% in the Covid-19 pandemic. And 2020 has turned into a serious stress test. Here's why I'd buy.The post Why I think the HSBC share price could finally have ... ( read original story ...)

Temenos, the banking software company, today announced that WeLab Bank, Hong Kong’s first homegrown virtual bank, has publicly launched using cloud-native Temenos Transact to provide a range of next ... ( read original story ...)

China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous ... ( read original story ...)

China's top ride-hailing firm Didi Chuxing is reportedly considering Hong Kong for a multibillion-dollar initial public offering. People with knowledge of the matter said the firm is rethinking ... ( read original story ...)

China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous ... ( read original story ...)

The HSBC building in Central district of Hong Kong. HSBC, founded in colonial Hong Kong in 1865, moved its headquarters to London to fulfil a regulatory requirement in 1993. Photo: Bloomberg July 1, ... ( read original story ...)

The Hong Kong stock market has moved higher in two straight sessions, surging almost 385 points or 1.6 percent along the way. The Hang Seng Index now rests just above the 24,540-point plateau although ... ( read original story ...)

Ant, backed by e-commerce giant Alibaba Group , plans to seek listing approval from Hong Kong's stock exchange on Monday and the China Securities Regulatory Commission will approve Ant's ... ( read original story ...)

Hong Kong regulators have yet to publicly issue official guidelines on how financial institutions should implement the national security law. But the document posted by the HKMA said reporting ... ( read original story ...)

Ant Group is now expected to launch its much anticipated initial public offering in early November after the Alibaba payments affiliate won approval to list in Hong Kong. The Chinese Securities ... ( read original story ...)