Tag: banking

Hygeia Healthcare, China's largest oncology health care group backed by US private equity firm Warburg Pincus, has obtained commitment from nine cornerstone investors for about half the size of its ... ( read original story ...)

BOC Hong Kong was up 1.90 percent, Industrial and Commercial Bank of China collected 1.39 percent, China Mengniu Dairy advanced 1.37 percent, New World Development added 1.32 percent, Power Assets ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$2.232 billion ($288 million) worth of Hong Kong dollars during New York trading hours after the currency hit the strong end of its trading band, according to ... ( read original story ...)

The news comes a few days after U.S. legislators passed a law tightening rules around Confucius Institutes, which promote Chinese language and culture around the world. ( read original story ...)

Hong Kong's banking sector showed resilience in 2019 despite a challenging year for the overall economy. The industry will need to manage ... ( read original story ...)

China is accelerating a much-delayed shakeup of its market for initial public offerings, which may lead to explosive demand for new stocks. ( read original story ...)

"But let me just put it this way, we will not sacrifice the people of Hong Kong over the altar of banker bonuses." HSBC has faced criticism from several senior British and U.S. politicians over its ... ( read original story ...)

Hong Kong’s status as Asia’s leading financial centre is being undermined by politics. Can it survive? Hong Kong’s status as Asia’s biggest and most vibrant financial hub is at risk – yet again. Over ... ( read original story ...)

Companies are lining up to list in Hong Kong as a dry spell for initial public offerings comes to an abrupt end with two multi-billion dollar listings. ( read original story ...)

China is accelerating a much-delayed shakeup of its market for initial public offerings, which may lead to explosive demand for new stocks. ( read original story ...)

Customs officials at the Port of Clark has seized US dollar bills amounting to $54,215 that were found inserted on pages of magazines from Hong Kong. According to the Bureau of Customs (BOC), the ... ( read original story ...)

Hong Kong’s latest unemployment rate is expected to be worse than after the global financial crisis more than a decade ago while the number of people without work could soar to the highest in 15 years ... ( read original story ...)

Banking giant is torn between keeping its Hong Kong roots under growing Chinese dominion and remaining intact HSBC was lauded as “brave” last year in London adland. In a branding campaign plastered ... ( read original story ...)

China has finalised new rules for companies looking to list on Shenzhen's ChiNext board, streamlining the listing process and allowing IPO pricing to be fully determined by the market. ( read original story ...)