Tag: banking

Growth stocks in Hong Kong were led by volume leaders Tencent, which gained +0.94%, Meituan Dianping +4.53%, Semiconducor Manufacturing +4.86%, and Alibaba HK -0.16%. ( read original story ...)

Amid the political upheaval, the share price of Hong Kong Exchanges & Clearings (HKEx) has soared, and the company has reclaimed its crown as the most valuable exchange operator in the world by market ... ( read original story ...)

Financial Secretary Paul Chan urged caution, warning the fight against the virus could drag on longer than expected. ( read original story ...)

Simply put, a virtual bank does not have any physical branches. It delivers regular banking services (such as maintaining your savings account or lending money to you via a loan) through the internet ... ( read original story ...)

Simply put, a virtual bank does not have any physical branches. It delivers regular banking services (such as maintaining your savings account or lending money to you via a loan) ... ( read original story ...)

The number of investment bankers employed by Chinese groups in Hong Kong could soon eclipse that of Wall Street and international firms, underscoring Beijing’s growing influence in the city. More than ... ( read original story ...)

Hong Kong reassembles a fine porcelain store in which two powerful bulls have locked horns. It is vital to minimise the damage both by emphasising why Hong Kong should still be attractive to ... ( read original story ...)

WeLab acquired $156 million through a Series C round in December 2019. The funds have reportedly been used to develop its digital banking platform, which leverages the latest emerging technologies ... ( read original story ...)

China has outlined plans for further tests of its digital currency initiative, now aiming for trials in areas including Beijing and Hong Kong. ( read original story ...)

Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering ... ( read original story ...)

Alibaba Group Holding, Xiaomi and pharmaceutical research group WuXi Biologics (Cayman) will be added to the Hang Seng Index next month, a milestone in the Hong Kong market's growing focus on Chinese ... ( read original story ...)

ETFs with US$20 billion tracking the Hang Seng Index will be able to invest in the tech behemoths with weighted voting rights or secondary listings, strengthening Hong Kong as a tech listing hub. ( read original story ...)

The compiler of Hong Kong’s Hang Seng stock index has added Alibaba to its list of constituents, as the equities benchmark shifts to accommodate tech giants from the mainland. Hang Seng Bank’s index ... ( read original story ...)

Global businesses are increasingly being asked to pick political and legal sides in the confrontation between the world’s two biggest economies. ( read original story ...)