Hello, it’s Manuel Baigorri in Hong Kong, where I sat down with a top HSBC tech banker to hear about the hopes and fears of dealmakers in Asia. Also, Japan’s SMBC is tripling its stake in Jefferies as ...
Hong Kong brokerage TOP Financial sees stock soar nearly 260%
Hong Kong-based TOP Financial Group (NASDAQ:TOP) stock was halted several times for volatility Thursday, with shares rocketing as much as 257% midday. Shares of TOP, formerly known as Zhong Yang, ...
Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients
The Hong Kong Monetary Authority has released a reminder that virtual asset firms are entitled to banking services, despite their unfamiliarity and varying levels of risk.
China Evergrande gains more than 77% backing of Class A debt holders for debt restructuring incentive
HONG KONG, April 27 (Reuters) - Embattled property developer China ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ...
Hong Kong’s SFC to Issue Strict Crypto Exchange Licensing Guidelines in May
Discover the latest news on Hong Kong's (SFC) as they prepare to issue new guidelines for crypto exchange licensing in May.
Asia markets largely higher as new Bank of Japan chief chairs first policy meeting
Asia-Pacific market were largely lower on Thursday as investors focus on the Bank of Japan’s first policy meeting led by new BOJ governor Kazuo Ueda.
Chinese Liquor Maker Sinks After Serving Up Hong Kong’s Biggest IPO in Months
Hong Kong’s biggest listing so far this year flopped in its trading debut, a troubling sign for a market that has been trying to recover from a long IPO slump.
Asian shares hesistant on banking jitters, US economic concerns
Asian shares were subdued on Thursday as troubles at U.S. lender First Republic Bank continued to unnerve investors amid concerns that growth in the world's biggest economy could surprise on the ...
Asian shares sink on banking jitters, US economic concerns
Asian shares extended losses on Thursday as troubles at U.S. lender First Republic Bank continued to unnerve investors amid concerns that growth in the world's biggest economy could very well surprise ...
Chinese Spirit Maker ZJLD Slumps 17% in Hong Kong Debut
A barman stirs a cocktail based on the Chinese spirit baijiu at the Capital Spirits Baijiu Bar in Beijing, China June 22, 2017. REUTERS/Thomas Peter/File Photo Reuters (Reuters) - Chinese spirit maker ...
Ping An to tighten screws on HSBC in push for structural reform
Still, Ping An seems intent on a structural revamp as the solution. It has proposed that HSBC undertake a partial spin-off while remaining a controlling shareholder. This would see HSBC Asia listed in ...
BOC HONG KONG (02388.HK) New Cross-border Accounts Number Rises Almost 1.7x QoQ in 1Q23
The number of new accounts opened by cross-border customers in BOC HONG KONG (02388.HK) 0.000 (0.000%) Short selling $59.11M; Ratio 21.715% in first quarter of 2023 has increased ...
BYD Crushes The Bug As Hong Kong Internet Names Rebound
Hong Kong rebounded despite a steep selloff in US-listed China stocks yesterday, in what felt like the first time in two weeks. Intra-day yesterday, several US Senators asked for Chinese cloud ...
Hong Kong’s finance chief Paul Chan ‘confident’ over economic rebound this year as consumption climbs, positive investor sentiment returns
Financial Secretary Paul Chan points to flurry of business delegations from mainland China and overseas, says Greater Bay Area positioning top of mind for visiting parties Growth in local spending and ...