Tag: banking

When contacted by Reuters, Zai Lab, however, said it does not have any firm plans for a Hong Kong listing at this time. The biopharmaceutical firm raised $172 million from its Nasdaq IPO in September ... ( read original story ...)

In Hong Kong, the Hang Seng index was up 0.56 percent. Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 29,126.62. The projected upper bound is: 28, ... ( read original story ...)

Saigon Joint Stock Commercial Bank (SCB) and three banks from Hong Kong committed to support financial investment and ensure a stable financing source for Union Square to foster its business operation... ( read original story ...)

The top lithium producer is seeking to raise up to US$1 billion in an initial public offering in Hong Kong to fund its recent purchase of a 24-percent stake in SQM. The Chinese company filed plans to ... ( read original story ...)

Hong Kong and mainland Chinese stock markets rose on Monday ahead ... and as China’s banking regulator stepped up efforts to get banks to increase lending to companies. The Hang Seng Index gained 1.4 ... ( read original story ...)

Bank of East Asia Ltd. slumped the most since July 2015 following news it will be cut from Hong Kong’s Hang Seng Index along with China Merchants Port Holdings Co., which also tumbled. BEA closed down ... ( read original story ...)

Citibank, Standard Chartered Bank and Bank of China (Hong Kong) responded by waiving proof-of-income for existing customers, while HSBC and its Hang Seng unit said they too will follow suit. Citibank ... ( read original story ...)

HSBC Private Bank in Hong Kong has made another senior hire into the team that serves super-wealthy customers. Former CICC banker Yahong Wu joined HSBC as a director of ultra-high net worth (UHNW) sol... ( read original story ...)

Chandran Nair, the founder of the Global Institute for Tomorrow, was seeking answers when four Standard Chartered senior bank officers strode into his Hong Kong office in Taikoo Shing. Nair, from Mala... ( read original story ...)

HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) has fined Shanghai Commercial Bank Ltd HK$5 million ($636,967) and reprimanded it for breaching anti-money laundering and counter terroris... ( read original story ...)

Hong Kong – an international business hub and gateway to China for many foreign companies – continues to be an attractive destination among foreign investors. This is particularly true as neighboring ... ( read original story ...)

Hong Kong – an international business hub and gateway to China for many foreign companies –continues to be an attractive destination among foreign investors. This is particularly true as neighboring c... ( read original story ...)

The Shanghai Composite Index .SSEC closed down 0.6 percent, while Hong Kong’s Hang Seng index .HSI ended 0.8 percent lower. Hopes that China and the United States could ease trade tensions helped Chin... ( read original story ...)

Bitmain Technologies Ltd., the world’s biggest producer of cryptocurrency mining chips, is planning a Hong Kong initial public offering that could raise as much as US$3 billion, people with knowledge ... ( read original story ...)