Tag: banking

according to a survey by the Hong Kong Securities Association. Banks such as HSBC and Standard Chartered Bank are leveraging AI-powered chatbot platforms to answer enquiries by customers, trhjoining a growing global trend which is seen as offering improved ... ( read original story ...)

The latest SFC action comes nearly two weeks after UBS said the Hong Kong regulator had blocked it from sponsoring IPOs for 18 months. The suspension, which the Swiss bank is appealing, is not effective until its appeal has been ruled upon. The Swiss bank ... ( read original story ...)

Stocks in Hong Kong rose on Wednesday with investors shrugging off cautious sentiment ahead of a highly anticipating meeting of the US central bank. The Hang Seng index rose 1.1 per cent at the open in Hong Kong with China-linked stocks the among the ... ( read original story ...)

At close, China’s A-shares were trading at a premium of 26.18 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 13.49 as of the last full trading day while the dividend yield was 2.7 percent. ( read original story ...)

... he believes Saudi Arabian state-owned oil giant Aramco will eventually need to list in Hong Kong, despite news that its highly anticipated initial public offering is likely to take place on its domestic market. Charles Li, chief executive of Hong Kong ... ( read original story ...)

Qupital, a Hong Kong-based trade finance platform, announced last week it has signed a financial strategy agreement with Alibaba. According to Qupital, The collaboration enables qualified Gold Supplier members of Alibaba to free up working capital ... ( read original story ...)

The company was making its first appearance at Hong Kong’s FilMart and Monday unveiled an ambitious ... He did not disclose either a date for the anticipated IPO, not the amount of new capital it would seek to raise form the share sale. ( read original story ...)

Hong Kong’s financial secretary Paul Chan Mo-po declared on Friday he would have “no fear” confronting private developers if he were to press ahead with a groundbreaking vacancy tax for unoccupied flats in a bid to cool the city’s red-hot property ... ( read original story ...)

Hong Kong’s securities regulator has ordered a company that is raising capital through an initial coin offering to halt the fundraising and return all tokens to investors, an unprecedented move to rein in the runaway market for cryptocurrencies. ( read original story ...)

Stocks in Hong Kong barely moved today as regional equity markets were mixed. The benchmark Hang Seng Index inched up 0.04 percent, or 11.79 points, to close at 31,513.76. Turnover on the main board amounted to HK$106.22 billion. In mainland China ... ( read original story ...)

HSI flat, HSCE -0.1 pct, CSI300 +0.4 pct HSI financial sector sub-index is flat; property sector down 0.7 percent March 19 (Reuters) - Hong Kong stocks were barely ... term of President Xi Jinping. ** The Hang Seng index was largely unchanged at 31,513.76 ... ( read original story ...)

Some 40,900 companies were newly registered during 2017 in the zone, which is only an hour’s drive by car from Hong Kong. Of those 164,900, 40 per cent have already started operating, including some major names such as HSBC, Hang Seng Bank and Credit ... ( read original story ...)

as losses in property developers and energy producers offset gains in China Unicom (Hong Kong). The Hang Seng Index dropped 0.2 per cent, or 65.48 points, to 31,475.62 as trading got under way on Friday, paring the five-day gain to 1.2 per cent. ( read original story ...)

The Hang Seng Index now rests just above the 31,435-point ... between 31,141.85 and 31,453.48 on turnover of 103.21 billion Hong Kong dollars. Among the actives, China Construction Bank skidded 1.28 percent, while Sands China lost 1.20 percent, Industrial ... ( read original story ...)