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Tag: banking

Posted on 27/05/2026

Robotphoenix IPO On Hong Kong Exchange Highlights Growth And Liquidity Risks

Robotphoenix Intelligent Technology, ticker SEHK:6871, has completed its initial public offering on the Hong Kong Stock Exchange. The IPO marks the company’s transition to a publicly traded stock and ...

Posted on 26/05/2026

Global Capital Leaders Convene in Hong Kong for SFi Impact Week 2026 to Accelerate Purpose-Driven Investment

Sustainable Finance Initiative (SFi) will host its fourth annual SFi Impact Week from June 1 to 5, 2026, bringing together more than 300 global family offices, asset owners, and innovators to mobilise ...

Posted on 26/05/2026

Chinese Biofuel Producer Shougang Lanzatech Launches $87 Mln Hong Kong IPO

Biofuel producer Beijing Shougang Lanzatech Technology has started taking orders for its initial public offering in Hong Kong, joining a wave of Chinese companies seeking listings in the city.

Posted on 26/05/2026

BOC HONG KONG (02388.HK) Completes First Islamic Syndicated Financing; Also Successfully Arranges Syndicated Loan for Leading Vietnamese Securities Firm

BOC HONG KONG (02388.HK) announced that it has successfully completed the disbursement of its first Islamic syndicated financing project in Brunei, with a size of approximately USD... Open a new ...

Posted on 25/05/2026

HSBC sells U.S. card unit to Capital One for $2.6 billion

August 10, 2011 – HONG KONG (Reuters) - HSBC Holdings plc has agreed to sell its U.S. credit card and retail services unit to Capital One Financial Corp for a premium of about $2.6 billion, as ...

Posted on 25/05/2026

UISEE Debuts in Hong Kong as AI, Autonomous Driving Listings Gain

Chinese autonomous driving company UISEE Technologies has raised about HK$870 million ($111 million) in a Hong Kong initial public offering, adding to signs ...

Posted on 23/05/2026

OCBC Hong Kong to lift wealth RM headcount by 30% as revenue heads for double-digit growth

SINGAPORE] OCBC’s Hong Kong franchise will hire 30 to 50 wealth management relationship managers in 2026, raising headcount by at least 30 per cent as it ramps up its wealth business. The hiring push ...

Posted on 22/05/2026

HSBC launches $4 billion fund to back Chinese clean tech’s global push

The announcement is drawing attention because it comes from one of the world's largest banks at a time when competition over clean-tech leadership is intensifying.

Posted on 22/05/2026

FS meets Swiss financial leaders

Financial Secretary Paul Chan meets representatives from local banks, asset management firms and family offices in Zurich, Switzerland.

Posted on 22/05/2026

Manulife Hong Kong and Macau Announces CEO Succession

His appointment reflects Manulife's strong commitment to talent development, continuity of strategy, and long-term growth in Hong Kong and Macau, and forms part of the Company's succession planning to ...

Posted on 22/05/2026

HSBC CEO says AI will destroy and create jobs, urges staff to embrace change

The world's top financial institutions are increasingly cost sensitive and scrambling to integrate frontier AI models and fend off rising cyber threats.

Posted on 21/05/2026

HSBC chief warns of AI-driven job cuts, urges staff to adapt

Learn more HSBC Holdings CEO Georges Elhedery said AI will remove some positions while also leading to the creation of others, as he called on staff to adjust to the change rather than push back ...

Posted on 21/05/2026

Don’t fight AI, HSBC CEO tells staff as banks begin job cuts

By Lawrence White and Selena Li LONDON/HONG KONG, May 20 (Reuters) - HSBC appealed to staff not to fight AI on Wednesday, saying it would destroy jobs while creating new ones, as banking rival ...

Posted on 21/05/2026

Hong Kong minister touts gold as ‘bridge between conventional and new finance’

Treasury chief Christopher Hui also says city opted against separate regulatory authority for digital assets to support ‘convergence’.

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