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Tag: banking

Posted on 27/03/2024

HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong

May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now The tokenized gold product is available via HSBC Online Banking and ...

Posted on 27/03/2024

SBI, BOB, HDFC, ICICI Bank shares: Investors in Singapore, Hong Kong find PSB stocks interesting, say this on private lenders

Institutional investors, Nomura India said, largely believe that the worst may be behind for HDFC Bank share price. Most investors are also comfortable with a potential low-teens loan growth outlook o ...

Posted on 27/03/2024

Hong Kong is not ‘over’, says Paul Chan

Financial Secretary Paul Chan on Wednesday rejected the idea that Hong Kong is finished as a finance hub, pointing to the city's edge in various ...

Posted on 27/03/2024

UBS to Nearly Double Planned HK Office and Occupy Entire Tower

UBS Group AG will lease an entire 14-story office tower in Hong Kong — almost double the space it initially planned — helping provide a vote of confidence for a city battling to keep its status as the ...

Posted on 27/03/2024

Hong Kong stocks tumble as Alibaba’s scrapping of logistic unit IPO weighs on sentiment

Hong Kong stocks underperformed the region as sentiment was dealt a blow by the cancellation of a Hong Kong IPO of Alibaba Group’s logistic unit and a cautious outlook from electric vehicle maker BYD.

Posted on 27/03/2024

HSBC launches tokenised gold for retail customers in Hong Kong as government pushes for publicly accessible digital assets

HSBC Gold Token, which will be available on the lender’s online banking and mobile app, is the first such retail product to be issued by a bank, according to HSBC, as the government pushes for more ...

Posted on 27/03/2024

UOB names new global markets head and Hong Kong chief

Adaline Zheng, who was head of wholesale banking and alternate chief executive officer (CEO) at UOB China, took over as CEO of UOB’s Hong Kong branch on March 25.

Posted on 27/03/2024

How seeing I.M. Pei’s Bank of China Tower in Hong Kong changed the life of a Hong Kong artist and architect

I.M. Pei’s distinctive, angular Bank of China Tower, in Hong Kong, was a heavy influence on architect and artist Raymond Fung, who recalls seeing it under construction and later working for Pei.

Posted on 27/03/2024

StanChart CEO Winters meets China FX regulator, launches investment banking unit

Standard Chartered CEO Bill Winters met with the head of China's foreign exchange regulator on Monday, a month after the bank suspended new investments by its clients in the country into offshore ...

Posted on 27/03/2024

Analyst Reveals Hong Kong’s Plan to Greenlight In-Kind Bitcoin ETFs

Hong Kong is poised to consider allowing in-kind creations and redemptions for spot Bitcoin exchange-traded Funds (ETFs). This development, anticipated in the second quarter of this year, could herald ...

Posted on 27/03/2024

Alibaba Scraps Logistics Listing as Hong Kong IPO Woes Worsen

The Chinese internet company has abandoned plans to list Cainiao, dealing a blow to Hong Kong’s beleaguered initial public offering market.

Posted on 27/03/2024

Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan

Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business ...

Posted on 27/03/2024

Hong Kong sees intensive financial events, as stable social environment attracts more international capital

VCG. The Financial Mega Event Week kicked off in the Hong Kong Special Administrative Region (HKSAR) on Monday, with a series of top-tier internatio ...

Posted on 27/03/2024

What buying Bitcoin in Hong Kong shops says about the future of crypto

Good morning from Hong Kong, where I will be talking to some of Asia's leading finance and crypto executives at the Fortune Innovation Forum. I've long been curious about this famous city due to its ...

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