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Tag: banking

Posted on 02/09/2025

Bank of China Stock Surges 6.7% on Shock Stablecoin Issuer License News — Is a Digital Yuan Rival Coming?

Shares of Bank of China Hong Kong unit jumped 6.7% on Monday, closing at HKD 37.58, after local reports revealed the state-owned lender is preparing to apply for a stablecoin issuer license under Hong ...

Posted on 02/09/2025

Hong Kong’s New World confirms loan facility talks with Deutsche Bank

Hong Kong property developer New World Development confirmed on Monday it is in discussions about a loan facility led by Deutsche Bank AG , but denied receiving any other funding proposals.

Posted on 01/09/2025

Bank of China Stock Jumps Amid Rumours of Stablecoin Licensing Plans

The Bank of China’s Hong Kong-listed shares rose by 6.7% on Monday, trading at HKD$37.58, after local media reports suggested that the bank’s Hong Kong unit is preparing to apply for a stablecoin ...

Posted on 01/09/2025

BOC Hong Kong Limited Declares Second Interim Dividend for 2025: Key Details and Implications

The recent dividend declaration by BOC Hong Kong is noteworthy for several reasons. Firstly, the amount of HKD 0.29 per share signifies a steady return on investment, appealing to both current and ...

Posted on 01/09/2025

Hong Kong Sevens set for mid-April and chosen to launch controversial World Championship

World Rugby confirm calendar for elite division of revamped circuit, lower-tier nations in dark over tournament dates and destinations.

Posted on 01/09/2025

Hong Kong’s banking sector enters new era as ZA Bank becomes the city’s …

ZA Bank, co-owned by mainland online insurer ZhongAn Online P&C; Insurance and Sinolink Group, on Wednesday became the first virtual bank to start services in Hong Kong after gaining regulatory ...

Posted on 01/09/2025

China innovation to unlock opportunities for Hong Kong’s capital markets: HSBC’s Liao

China has proven that it is investible and most importantly, indispensable,’ Liao says at a conference in Shenzhen.

Posted on 01/09/2025

Hong Kong’s IPO market is on fire — here’s what’s fueling the surge – MSN

Hong Kong is on track to become the world's largest listing destination this year, surpassing the Nasdaq and the New York Stock Exchange.

Posted on 30/08/2025

China’s Chery Automobile plans Hong Kong IPO to raise $1.5 bln – Bloomberg

Investing.com-- Chery Automobile, China’s largest car exporter, is planning a Hong Kong initial public offering that could raise about $1.5 billion as early as next month, Bloomberg reported on ...

Posted on 30/08/2025

FWD profit jumps 15 times as life policies spike, costs drop following Hong Kong IPO

Premiums from new life policies jumped 38 per cent to US$1.25 billion in the first half, while expenses dropped US$65 million.

Posted on 29/08/2025

Hong Kong audit regulator fines Deloitte for audit deficiencies

Hong Kong's audit watchdog has imposed a fine of HK$1.9m ( $245,000) on accounting firm Deloitte Touche Tohmatsu and two of its partners for audit deficiencies. The fines by the Accounting and ...

Posted on 29/08/2025

Hong Kong reduces coupon in 10th batch of Silver Bonds ahead of Fed’s expected rate cut

Up to HK$50 billion (US$6.4 billion ) of Silver Bonds will go on sale next month with a guaranteed annual coupon of 3.85 per cent, down from 4 per cent last September.

Posted on 29/08/2025

Star search: what makes Hong Kong a prime attraction for global talent

To meet diverse development needs, the city has positioned itself as an international hub for high-calibre talent.

Posted on 29/08/2025

Swiss Crypto Bank’s Bold Move: What It Means for Hong Kong Investors

Metalpha collaborates with the Swiss crypto bank AMINA to offer regulated digital asset wealth products to the professional investors of Hong Kong.

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