Tag: banking

China on Thursday moved to allay investor concerns about the impact of a new national security law on Hong Kong's status as a financial hub, the same day the national legislature pushed ahead with a ... ( read original story ...)

BOC Hong Kong gained 0.21 percent, Industrial and Commercial Bank of China sank 0.20 percent, AIA Group rose 0.14 percent, China Life Insurance increased 0.12 percent, China Mobile eased 0.09 percent ... ( read original story ...)

Weijian Shan, chairman and chief executive officer of PAG,, a Hong Kong-based alternative asset manager which oversees $38 billion globally, explains why he thinks the city will remain the premier ... ( read original story ...)

JD.com, one of China’s largest e-commerce sites, rose as much as 5.8 per cent in its secondary listing debut in Hong Kong. Its corporate dog mascot banged the gong in an online ceremony as it began ... ( read original story ...)

Ebang International has launched a roadshow for its U.S. initial public offering that could raise as much as $126 million, becoming the second Chinese Bitcoin mining machine maker to seek a U.S. ( read original story ...)

Street protests and a pandemic have forced Hong Kong’s bankers and investors to experiment with how they work and raise funds for clients – their innovations have been surprisingly successful and ... ( read original story ...)

Hong Kong stocks recovered most of their earlier losses to end basically flat, helped by Beijing’s pledge for more reforms and liquidity to boost the world’s second largest economy. ** At the close of ... ( read original story ...)

Segway is blazing a trail to Shanghai. If all goes to plan, the owner of the self-balancing scooter will soon debut Chinese depositary receipts in a $300 million initial public offering. Ninebot ... ( read original story ...)

Shares in China's second largest online retailer jumped by more than 5% on their Hong Kong Stock Exchange debut. ( read original story ...)

BOC Hong Kong, China Mobile and Ping An Insurance were unchanged. The lead from Wall Street is murky as stocks were lackluster on Wednesday, bouncing back and forth across the unchanged line before ... ( read original story ...)

HSBC , the largest bank in the U.K., said it will carry on with a plan to cut 35,000 jobs. The restructuring was originally announced in February but was postponed due to the emer ... ( read original story ...)

More lenders are dangling appetising incentives to steer as much cash as possible to their own platform as the Hong Kong government prepares to hand out HK$71 billion (US$9.2 billion) to residents ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$775 million ($100 million) into the market in Asia trading hours after the local currency hit the strong end of its trading band, according to data released by ... ( read original story ...)

Charles Li, the CEO of the Hong Kong Exchanges and Clearing Group, speaks to Street Signs Asia as HKEX turns 20. He says that Covid-19 has not dented the IPO pipeline, and predicts that the "timing is ... ( read original story ...)