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Tag: banking

Posted on 03/01/2024

Chinese investment banks change tack in Hong Kong

Hong Kong-based Chinese investment banks, plagued by the market’s liquidity issues, are looking to China's economic pivot and the renminbi's rise as a fundraising currency to restore their fortunes.

Posted on 03/01/2024

Hong Kong airport raises more than US$500 million in first local-currency bond offering, to fund third runway

The debut Hong Kong dollar offering will fund capital expenditures including the third runway at Hong Kong International Airport Both AAHK and the deal participants believe the issuance can further ...

Posted on 03/01/2024

‘Wealth for Green’: Australian family office Twynam Group to raise US$50 million for Hong Kong, Greater Bay Area decarbonisation fund

Twynam Group views Hong Kong as a financial powerhouse with a lot of family-office investors, its CEO says Twynam will raise funds in Hong Kong as it eyes Greater Bay Area start-ups as investment ...

Posted on 03/01/2024

ATP TOUR RETURNS TO HONG KONG WITH SOLD OUT OPENING DAY TICKETS

According to the Hong Kong Tourism Board in a statement, the opening day tickets to the Victoria Park Tennis Stadium were all sold out by the early afternoon, and after a spectacular fireworks show on ...

Posted on 03/01/2024

Two mainland tea chains file for IPOs in Hong Kong

China's biggest tea chain MIXUE and its rival Good Me have filed to go public in Hong Kong. MIXUE has selected Bank of America, Goldman Sachs and ...

Posted on 03/01/2024

Green finance: Hong Kong, Greater Bay Area to fuel US$50 million decarbonisation fund run by wealthy Australian family

Twynam Group views Hong Kong as a financial powerhouse with a lot of family-office investors, its CEO says Twynam will raise funds in Hong Kong as it eyes Greater Bay Area start-ups as investment ...

Posted on 03/01/2024

Krungsri App Enables QR Payments Between Thailand and Hong Kong

Krungsri has recently expanded its services in the ASEAN region by launching cross-border QR payments between Thailand and Hong Kong.

Posted on 03/01/2024

HSBC Announces Completion of Its Retail Banking Sale to Cerberus in France

HSBC Bank has sold its retail banking business to New York-headquartered Cerberus Capital Management, a private equity company. The deal also includes the sale of HSBC SFH (France) S.A. and the ...

Posted on 03/01/2024

Hong Kong Tennis Open: Marin Cilic lets victory slip but is grateful to be back

Marin Cilic was keen to seize the positives despite letting the initiative slip in a gruelling match with Jan-Lennard Struff at the Bank of China Hong Kong Tennis Open on Tuesday. The Croat squandered ...

Posted on 02/01/2024

Fans Celebrate Return of ATP Tour Tournament on Opening Day of Main Draw at Bank of China Hong Kong Tennis Open

The fans turned out en masse to welcome the return of ATP Tour tennis to Hong Kong for the first time in decades at the Bank of China Hong Kong Tennis Open 2024 with opening day tickets to the ...

Posted on 02/01/2024

HSBC takes on Revolut, Wise with new forex app for non-customers

A new for app making international payments from HSBC Holdings will directly challenging the dominance of fintechs like Revolut and Wise that have gained tens of millions of retail customers by ...

Posted on 02/01/2024

Hang Seng Bank appoints CE senior adviser

Hong Kong-focused Hang Seng Bank, an HSBC subsidiary, has appointed George Siu Kay Leung to the role of senior adviser in its chief executive’s office, commencing January 1 2024.

Posted on 02/01/2024

Global Impact: time to reflect on 2023 for mainland China, Hong Kong and the rest of the world, and look ahead to 2024

In this issue of the Global Impact newsletter, we look back at the events that shaped 2023, and looks forward to what we can expect in mainland China, Hong Kong and the rest of the world in 2024.

Posted on 02/01/2024

Economic growth, national security are Hong Kong government priorities for 2024, top officials say

Hong Kong’s leader John Lee has said that the government’s key goals for 2024 will be to boost the economy and improve people’s lives, as the city’s number two official Eric Chan said that ...

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