Tag: banking

An initial public offering from Alibaba's Ant Group by year-end would give equity capital markets in Hong Kong a timely boost after a new security law cast in doubt the city's future as a ... ( read original story ...)

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than $200 billion, said two sources with knowledge of the ... ( read original story ...)

Alibaba stock is surging to highs as 33%-owned Ant Financial looks to IPO. Let's look at the charts. The American depositary receipts are up more than 8% on the day on reports that its Ant Financial ... ( read original story ...)

The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy. ( read original story ...)

Hang Seng Bank said on Wednesday that Louisa Cheang Wai-wan, its vice-chairman and chief executive, is to receive medical attention, but will still be able to perform her duties. ( read original story ...)

Hong Kong's Hang Seng Bank is looking to entice novice investors with an in-app fund investment service offering a minimum investment amount of just HK$1. Developed in collaboration with Hang Seng's ... ( read original story ...)

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than $200 billion, said two sources with knowledge of the ... ( read original story ...)

Chinese pharmaceutical company Shenzhen Hepalink Pharmaceutical Group slipped 4.2 per cent to HK$17.62 on its listing debut in Hong Kong. Three other IPOs – Qingdao Kutesmart Company, Nanjing Develop ... ( read original story ...)

(Bloomberg) -- HSBC Holdings Plc, which draws more than two-thirds of its pretax income from Hong Kong, slumped in early trading after a report that the U.S. is mulling a move to punish banks in the ... ( read original story ...)

The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had skyrocketed more than 1,200 points or 4.8 percent. The Hang Seng Index now rests just above the 25,975-point ... ( read original story ...)

Shares of HSBC Holdings Plc, the biggest player in Hong Kong’s banking industry, slipped 2.7%. Here’s what people are saying about the proposal: Patrick Bennett, head of macro strategy for ... ( read original story ...)

Hong Kong opened higher but retreated later in the session amid Hong Kong chief executive Carrie Lam’s speech defending the new security law and several new cases of coronavirus. Mainland investors ... ( read original story ...)

Following the introduction of a new Chinese national security law, some are questioning the sustainability of Hong Kong's position as an international financial center. ( read original story ...)

The episode shows how the inflow of money into Hong Kong continues to defy doomsday speculations of capital flight. Some high-net-worth individuals are switching out of their US-dollar holdings and ... ( read original story ...)