Tag: banking

Hong Kong has issued its first batch of digital banking licences, giving a mix of traditional financial institutions and Chinese companies a chance to compete for a $15bn pot of retail banking ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong has issued online-only banking licenses to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake up ... ( read original story ...)

HONG KONG (Reuters) - Bitmain Technologies, the world's largest designer of products for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering (IPO) lapse, ... ( read original story ...)

(Bloomberg) -- Cathay Pacific Airways Ltd. agreed to pay HK$2.25 billion ($287 million) in cash for Hong Kong’s only budget airline to enter the no-frills market, after more than a decade resisting ... ( read original story ...)

The Cathay Pacific/HSBC Hong Kong Sevens is one of the world’s premier festival weekends, with world-class rugby inside Hong Kong Stadium and outstanding entertainment at two fanzones across the city, ... ( read original story ...)

Standard Chartered hopes to make its proposed virtual bank in Hong Kong a key pillar of its digital strategy as the lender looks to streamline and grow its retail business in parts of Asia and Africa, ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation announced that the HSBC Mandatory Provident Fund - ValueChoice will be merged into the MPF - SuperTrust Plus, putting 20 constituent funds under one MPF ... ( read original story ...)

Chinese Bitcoin mining giant Bitmain Technologies is set to allow its IPO application on the Hong Kong Stock exchange to lapse tomorrow, six months after it filed a draft prospectus. Originally, the ... ( read original story ...)

NEW YORK — A prominent Hong Kong businessman was sentenced to three years in prison ... at a downtown Manhattan lockup on subjects "ranging from geography to personal finance." During a weeklong trial ... ( read original story ...)

The Hong Kong Special Administrative Region Government is determined to develop Hong Kong into a leading hub for green finance in the region, with focus on Mainland China and economies along the Belt ... ( read original story ...)

Chinese solar power firm Xinyi Energy Holdings Ltd has decided to pursue an initial public offering on the Hong Kong Stock Exchange after all, so on Friday it filed a renewed listing application. ( read original story ...)

Bank of China (Hong Kong) ("BOCHK") is awarded the Best Retail Bank in Hong Kong by The Asian Banker in its International Excellence in Retail Financial Services Awards for the third time, in ... ( read original story ...)

Virtual banking and open data might sound like mere buzzwords in most parts of the world, but in Hong Kong, they are becoming a reality. Over the past few years, Hong Kong has embarked on a journey of ... ( read original story ...)

Hong Kong | Hong Kong's chief executive has cautioned that the Asian financial hub continued to face the risk of collateral damage from the China-US trade war, saying the tensions were one reason why ... ( read original story ...)