Tag: banking

(Bloomberg) -- Mongolia has shelved near-term initial public offering plans for state-owned coal miner Erdenes Tavan Tolgoi JSC as the Covid-19 pandemic roils financial markets.The country’s cabinet ... ( read original story ...)

Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. Launched in 2017 by ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) sold HK$10.672 billion ($1.38 billion) worth of Hong Kong dollars in New York trading hours after the local currency hit the strong end of its trading band. ( read original story ...)

China on Monday kicked off a reform to fast track initial public offerings (IPOs) on Shenzhen's start-up board ChiNext, as Beijing accelerates capital market restructuring to reinvigorate an economy ... ( read original story ...)

Dividend paying stocks like The Hongkong and Shanghai Hotels, Limited (HKG:45) tend to be popular with investors, ... ( read original story ...)

As the Monetary Authority of Singapore considers which of 21 applicants it will grant five coveted digital banking licenses to, market watchers say there are lessons to be learnt from Hong Kong. ( read original story ...)

It's going to be a short trading week for Hong Kong -- only three days. And the mainland will be closed on Friday as well. The Stock Connect is closed on Thursday and Friday. Your bloggers will be ... ( read original story ...)

BEIJING — Asian stock markets gained Monday after Japan’s central bank promised more asset purchases to shore up financial markets as investors look to central bankers to support the struggling global ... ( read original story ...)

Acknowledging the growing balance sheet problems among small and medium lenders, China’s banking and insurance regulator says it’s working on a reform plan and will become more vigilant about ... ( read original story ...)

The Bank of Japan of Monday announced on Monday an enhancement of its monetary policy easing measures to combat the hit on Japan's economy as a result of the coronavirus pandemic. ( read original story ...)

AkesoBio staged a $335 million Hong Kong IPO and climbed 50% higher in its first trading session. CStone Pharma announced that China's NMPA has accepted its NDA ... ( read original story ...)

Hong Kong riot police armed with shields dispersed a crowd of 300 pro-democracy activists holding a singing protest in an upmarket shopping mall on Sunday, despite a ban on public gatherings of more ... ( read original story ...)

Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S. ( read original story ...)

HSBC will press ahead with plans to shift capital from underperforming businesses, cut costs and strip out layers of management, despite problems caused by the coronavirus pandemic. Chief Executive No ... ( read original story ...)