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Tag: banking

Posted on 14/10/2023

Hong Kong graft-buster arrests 20 people for allegedly faking documents for early MPF withdrawal, stoking fears among some migrants in UK

ICAC says insurance agent was mastermind of syndicate suspected of taking bribes to help residents claim pension by falsely saying they had moved to mainland China.

Posted on 14/10/2023

Hong Kong Securities Professionals Oppose Stock Market Operations Amid Adverse Weather

In a recent development, the Hong Kong Securities and Futures Professionals Association (HKSFPA) has publicly voiced its opposition to the proposal of continuing stock market operations under adverse ...

Posted on 13/10/2023

Didi Global Inc. To List On Hong Kong Stock Exchange According To Reports

China’s largest ride-hailing company Didi Global Inc. DIDIY aims to list on the Hong Kong Stock Exchange according to a Bloomberg report Friday. Didi was forced to delist from the New York Stock ...

Posted on 13/10/2023

Hong Kong stocks snap six-day winning streak as weak China inflation reports undermine bets on recovery

Local stock benchmark retreats from a five-week high as weak official reports on producer and consumer prices undermine bullish bets on China’s economic recovery outlook.

Posted on 13/10/2023

Hong Kong to use three-pronged approach to fight growing fraud

The Hong Kong Monetary Authority pledged to combat financial fraud by requiring banks to share information, monitor financial transactions in real-time, and provide customer alerts when the number of ...

Posted on 13/10/2023

Hong Kong Monetary Authority Bolsters Fraud Prevention Measures Amid Rise in Bank Fraud Cases

In a bid to combat rising fraud cases, the Hong Kong Monetary Authority (HKMA) has escalated its countermeasures. This year has seen a significant surge in bank-related fraud incidents, with 954 cases ...

Posted on 13/10/2023

China Resources’ property arm plans Hong Kong IPO to raise up to US$1 billion -sources

China Resources Longdation, a property arm of state-owned conglomerate China Resources, plans to raise between US$500 million and US$1 billion in a Hong Kong initial public offering (IPO), according ...

Posted on 13/10/2023

China Resources’ property arm plans Hong Kong IPO to raise $500 mln -sources

China Resources Longdation, a property arm of state-owned conglomerate China Resources, plans to raise between $500 million and $1 billion in a Hong Kong initial public offering, according to three ...

Posted on 13/10/2023

Didi plans 2024 Hong Kong listing in comeback bid: sources

CHINA’S biggest ride-hailing company, Didi Global, aims to list shares on the Hong Kong stock exchange next year, plotting a comeback from an ill-fated initial public offering (IPO) in New York in ...

Posted on 13/10/2023

Didi Global plans to list on Hong Kong stock exchange in 2024 after disappointing NY IPO: Bloomberg

Didi plans to list on Hong Kong stock exchange after disappointing IPO in New York. The company strengthens ties with Chinese regulators to rebound from IPO setback.

Posted on 13/10/2023

Hong Kong stocks snap six-day winning streak as weak China inflation reports undermine recovery bets

Hong Kong stocks tumbled after official reports showed producer and consumer prices in mainland China trailed market expectations, reigniting concerns about the nation’s economic rebound. China’s four ...

Posted on 13/10/2023

Hong Kong and UAE central banks intensify collaboration to foster the development of CBDCs

Hong Kong and the United Arab Emirates (UAE) have intensified their financial collaboration through various fintech initiatives. The partnership’s primary focus is to develop Central Bank Digital ...

Posted on 13/10/2023

Linda Fruhvirtova 2023 WTA Hong Kong, Hong Kong Women Singles 2023 Odds

Find out how to bet on Linda Fruhvirtova at the WTA Hong Kong, Hong Kong Women Singles 2023, including futures odds, tournament information and more.

Posted on 13/10/2023

China stocks fall as domestic demand still under pressure; HK shares also down

While most sectors declined, banking stocks rose 1.4% after Beijing’s state fund bought shares of the country’s “Big Four” lenders. ** Tech stocks traded in Hong Kong slipped 3.2%, following a sharp ...

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