Tag: banking

Shares of GogoX, formerly known as GogoVan, fell 22% from their initial public offering price in their first day of trading Friday, giving it a market capitalization of $1.3 billion. ( read original story ...)

A spin-off & operational independence for HSBC’s Asia business could unlock $26.5B in shareholder value. But why do I think this is a risky idea? Find out. ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1843 million shares in London and Hong Kong yesterday (23rd), involving a total of approximately HKD163 million. HSBC ... ( read original story ...)

Hong Kong past, present and future. We asked six leaders in politics, finance, and business what was their most memorable moment in the 25 years since that rainy night when the British governor ... ( read original story ...)

The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had advanced almost 825 points or 3.9 percent. The Hang Seng Index now rests just above the 21,000-point plateau ... ( read original story ...)

Hong Kong is dusting off the gong for the city’s first in-person listing ceremony in two years.Most Read from BloombergLiz Cheney Is Paying the Price in Her Home State for Crossing TrumpSwitzerland ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1931 million shares in London and Hong Kong yesterday (22nd), involving a total of approximately HKD164 million. HSBC ... ( read original story ...)

From the Asian financial crisis to the global crisis of 2008 and beyond, the fund has played a vital role in supporting Hong Kong's currency and markets The current and first CEOs of the Hong Kong ... ( read original story ...)

The HKMA has bought HK$104.28 billion and sold US$13.28 billion in 14 interventions since May, surpassing the previous annual interventions in 2018 and 2019 Widening yield gap has stoked capital ... ( read original story ...)

CBDC and half are actively developing a digital version of their fiat money. In our current financial climate, there is growing discussion of a new payment technology that could become the go-to ... ( read original story ...)

Boliang reportedly made a retail account in his father's name and then deposited $20 million of credit into the account to make crypto trades. ( read original story ...)

BOC Hong Kong Ltd. (BHKLY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. ( read original story ...)

In response to the second phase of the government's consumption voucher scheme, Fusion Bank, a virtual bank located in Hong Kong, announced to further launch another reward scheme for its users. ( read original story ...)

The aggregate balance in Hong Kong's banking system will fall to HK$241.78 billion as of Friday. The move comes as aggressive US rate hikes have caused a widening interest-rate gap between the US ... ( read original story ...)