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Tag: banking

Posted on 03/09/2025

Hong Kong Firm Solowin Says it Will Get US Bank License via Acquisition

Solowin (NASDAQ: SWIN), a Hong Kong-based financial services firm that is in the digital asset sector, says it will gain a US banking license via the ...

Posted on 03/09/2025

International firms swoop in on Hong Kong’s cratering office rental prices

With rents in Hong Kong’s office market falling nearly 50 percent since 2019, international companies are moving into bigger spaces.

Posted on 02/09/2025

HSBC Fined HK$4.2 Million by Hong Kong Regulators Over Disclosure Issues

HSBC (NYSE:HSBC) has been slapped with a HK$4.2 million ($537,683) fine by Hong Kong authorities for failing to properly disclose investment banking relationships in its research reports, the ...

Posted on 02/09/2025

Da Hang Ke Gong (02543) Launches IPO to Raise Nearly HKD 400 Million

In a significant move for the cycling industry, Da Hang Ke Gong (02543), China's largest folding bicycle manufacturer, has launched its initial public offering (IPO) starting today until Thursday, ...

Posted on 02/09/2025

Quicktron, Maker of Robot Forklifts, Is Said to File for HK IPO

Quicktron Robotics, a Chinese maker of self-driving forklifts and other robots used in warehouses, has confidentially filed for a Hong Kong initial public offering that could raise at least $100 ...

Posted on 02/09/2025

Daheng Technology (02543) IPO: Key Details and Insights for Investors

Daheng Technology, listed under the stock code 02543, is gearing up for its initial public offering (IPO) scheduled from September 1 to September 4, 2025. This artic ...

Posted on 02/09/2025

BOC Hong Kong’s Ambitious Move Toward Stablecoin Issuance

In an era where digital currencies are reshaping the financial landscape, BOC Hong Kong (02388.HK) is making headlines with its intention to apply for a stablecoin issuer license. This initiative, ...

Posted on 02/09/2025

Bank of China Stock Surges 6.7% on Shock Stablecoin Issuer License News — Is a Digital Yuan Rival Coming?

Shares of Bank of China Hong Kong unit jumped 6.7% on Monday, closing at HKD 37.58, after local reports revealed the state-owned lender is preparing to apply for a stablecoin issuer license under Hong ...

Posted on 02/09/2025

Hong Kong’s New World confirms loan facility talks with Deutsche Bank

Hong Kong property developer New World Development confirmed on Monday it is in discussions about a loan facility led by Deutsche Bank AG , but denied receiving any other funding proposals.

Posted on 01/09/2025

Bank of China Stock Jumps Amid Rumours of Stablecoin Licensing Plans

The Bank of China’s Hong Kong-listed shares rose by 6.7% on Monday, trading at HKD$37.58, after local media reports suggested that the bank’s Hong Kong unit is preparing to apply for a stablecoin ...

Posted on 01/09/2025

BOC Hong Kong Limited Declares Second Interim Dividend for 2025: Key Details and Implications

The recent dividend declaration by BOC Hong Kong is noteworthy for several reasons. Firstly, the amount of HKD 0.29 per share signifies a steady return on investment, appealing to both current and ...

Posted on 01/09/2025

Hong Kong Sevens set for mid-April and chosen to launch controversial World Championship

World Rugby confirm calendar for elite division of revamped circuit, lower-tier nations in dark over tournament dates and destinations.

Posted on 01/09/2025

Hong Kong’s banking sector enters new era as ZA Bank becomes the city’s …

ZA Bank, co-owned by mainland online insurer ZhongAn Online P&C; Insurance and Sinolink Group, on Wednesday became the first virtual bank to start services in Hong Kong after gaining regulatory ...

Posted on 01/09/2025

China innovation to unlock opportunities for Hong Kong’s capital markets: HSBC’s Liao

China has proven that it is investible and most importantly, indispensable,’ Liao says at a conference in Shenzhen.

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