Tag: banking

BANGKOK -- Siam Commercial Bank, Thailand's largest lender by assets, has agreed to sell its life insurance business to a Hong Kong-based FWD Group Financial Services after nearly four months of ... ( read original story ...)

TOKYO/HONG KONG -- Initial public offerings in the Hong Kong market surged during the first six months of 2019, despite concerns about the city's relationship with mainland China and the outbreak ... ( read original story ...)

Many people have benefited,” he wrote on his blog. He also singled out the launch of the Faster Payment System , a Hong Kong Monetary Authority platform that allows bank customers to transfer money, ... ( read original story ...)

Hong Kong accounts for between 5 percent and 10 percent of global ... particularly around the anniversary of the 1997 handover to China on July 1. Quantifying the financial impact on the luxury market ... ( read original story ...)

Leaders from the global biotechnology community gathered in the Hong Kong Financial Hall, including biotech-related Nobel Prize, Turing Award, Fields Prize winner. Chen Maobo, Financial Secretary ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation reduced its cash rebate rate from 2.07 percent to 1.5 percent for customers transforming their mortgage to HSBC, regardless of the amount of the mortgage, ... ( read original story ...)

Hong Kong’s belated embrace of diversity has meant a dozen of its banks are now run by women, but there’s clearly more work to be done. When Margaret Leung, a veteran Hong Kong banker, was appointed ... ( read original story ...)

In Hong Kong, HSBC is the bank others are measured by and, in many cases, aspire to be, notably the big Chinese state banks in their forever-quest to usurp it. Yet again, ‘The bank’, as it’s known, ... ( read original story ...)

In Hong Kong's vibrant startup ecosystem, women are willing to step out of their comfort zones and perform well - including the fintech industry. Co-founded by entrepreneur Bianca Ho, who moved from ... ( read original story ...)

“HKEX will be under pressure to show that it can effectively govern IPO approvals,” said Will Cai, a partner and the head of capital markets at Cooley Asia. Otherwise, “this would trigger more ... ( read original story ...)

HONG KONG (Reuters) - Chinese footwear retailer Belle International filed plans on Thursday to spin off its sportswear business via a Hong Kong initial public offering, a deal which two sources with ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong's anti-corruption watchdog said on Wednesday it had arrested a former senior figure at the Hong Kong Stock Exchange operator for suspected misconduct linked to two IPOs ... ( read original story ...)

Hong Kong’s reputation as the world’s leading location for initial public offerings has been jolted by a former top stock exchange executive’s arrest for suspected corruption and misconduct related to ... ( read original story ...)

By the end of June, Hong Kong is likely to have 76 IPOs on board, a sharp fall from the 101 IPOs recorded in the same period a year ago. But the total fundraising amount could rise 38 percent to HK$69 ... ( read original story ...)