Tag: banking

Hong Kong stocks rose to a one-month closing high on Monday, led by tech firms as investors cheered Beijing’s continued efforts to foster tech strength. ** The Hang Seng index was up 437.74 points, or ... ( read original story ...)

Two Chinese managers have applied to launch exchange traded funds that will track the newly launched Hang Seng Tech Index, according to records from the China Securities Regulatory Commission. China ... ( read original story ...)

China stocks climbed on Monday, led by strong gains for the tech-heavy start-up board ChiNext, as investors cheered Beijing's continued market reforms to help foster its tech strength. HK->Shanghai ... ( read original story ...)

America’s ‘actions to undermine financial stability in Hong Kong are not only against the Chinese people but also against the people of the world’, CBIRC says. ( read original story ...)

Hospitals find it harder to get supplies as collection drops at Blood Transfusion Service amid Covid-19 pandemic. ( read original story ...)

Adicon Clinical Laboratories Ltd., a Chinese lab operator backed by Carlyle Group Inc., has picked banks for its Hong Kong initial public offering, according to people familiar with the matter.The ... ( read original story ...)

The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up ... ( read original story ...)

The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up ... ( read original story ...)

The Trump administration has suspended or terminated three bilateral agreements with Hong Kong in its latest response over the new national security law imposed on the semi-autonomous city by China. ( read original story ...)

Neat, a digital bank based in Hong Kong, announced on Wednesday a $4 million extension to its $11 million Series A investment round, which originally closed in April 2020. MassMutual Ventures, Pacific ... ( read original story ...)

Hong Kong on Thursday accused America of using the city as a pawn in ties with China as it slammed a US decision to withdraw from three accords on extradition and taxation. The United States formally ... ( read original story ...)

Building a resilient banking system is not the same as fostering environmental and social sustainability. For Hong Kong’s sustainable banking to live up to its name, more consideration should be given ... ( read original story ...)

Hong Kong Exchanges & Clearing Ltd. posted a 1% gain in profit ... “High Cash Market turnover, record Stock Connect volumes and a notable number of IPOs, including a number of sizable secondary ... ( read original story ...)

Deutsche Bank is not leaving Hong Kong. But like many businesses and banks, a year of political turmoil has put a question mark over the island's centrality as Asia's premier financial hub. ( read original story ...)