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Tag: banking

Posted on 14/09/2023

BOC Hong Kong (Holdings) Limited goes ex dividend tomorrow

Limited (OTCPK:BHKLY) had declared $1.323/share semi-annual dividend Payable Oct. 6; for shareholders of record Sept. 14; ex-div Sept. 13. See BHKLY Dividend Scorecard, Yield Chart, & Dividend Growth.

Posted on 14/09/2023

BOC Aids SZ Govt to Issue RMB5B Offshore Local Bonds Again in HK, Introduce Social Responsibility Bonds

BOC HONG KONG (02388.HK) announced that BANK OF CHINA (03988.HK) assisted the Shenzhen Municipal People's Government to issue offshore RMB local government bonds in Hong Kong f... This time, in ...

Posted on 14/09/2023

China’s central bank ramps up pressure on yuan bears as currency dives toward record low offshore

Currency traders trying to bet against the yuan are facing growing headwinds from China’s efforts to ramp up the cost of doing so in Hong Kong. The PBOC plans to issue more yuan-denominated bills than ...

Posted on 13/09/2023

Swiss luxury watchmaker Audemars Piguet rents entire floor at The Henderson in Hong Kong’s Central district

Swiss luxury watch brand Audemars Piguet became the latest tenant to sign up for space at The Henderson in Central, lifting the occupancy of Henderson Land’s flagship commercial building to about 50 ...

Posted on 13/09/2023

China’s Tuhu to raise up to US$161 million in Hong Kong IPO starting Thursday

CHINESE car maintenance service start-up Tuhu Car says it will price its shares in an indicative range of HK$28 to HK$31 (S$4.87-US$5.39) each as it aims to raise up to US$161 million in its Hong Kong ...

Posted on 13/09/2023

MOVES-HSBC names former Deutsche Bank vet as APAC private banking head

HSBC said on Wednesday it hired former Deutsche Bank veteran Lok Yim as its Asia Pacific head of global private banking, effective Jan. 1, 2024. Yim, who will join HSBC on a designate basis on Nov. 1, ...

Posted on 13/09/2023

HSBC names Lok Yim as regional head of APAC global private banking

Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business. HSBC has appointed Lok Yim as regional head of global private banking, Asia Pacific. Yim will join HSBC on a designate basis ...

Posted on 13/09/2023

Hang Seng May Give Up Support At 18,000 Points

The Hong Kong stock market has moved lower in six straight sessions, tumbling more than 820 points or 4.6 percent along the way. The ...

Posted on 13/09/2023

Israel & Hong Kong test privacy-focused CBDC for all

In a ground-breaking move that promises to reshape the financial landscape, Israel and Hong Kong’s central banks, in conjunction with the Bank for International Settlements, recently unveiled the ...

Posted on 13/09/2023

Hong Kong stocks under pressure amid Longfor, Alibaba losses on weak China recovery signals while BYD, HSBC jump

Hong Kong stocks struggled to stem a four-day losing streak amid weak recovery signals in China’s housing market, while BYD and Xpeng led EV makers higher while HSBC advanced on rate increase. The ...

Posted on 13/09/2023

Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

A Bank for International Settlements project has suggested using “access enablers” to make a retail central bank digital currency more accessible and private.

Posted on 13/09/2023

Following Hong Kong IPO, Immuneonco looks to be rising star

After raising HKD$320 million (US$40.8 million) in its IPO on the Hong Kong Stock Exchange last week, Immuneonco Biopharmaceuticals Co. Ltd.’s stock has continued to rise, and analysts are expecting ...

Posted on 13/09/2023

Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources

Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.

Posted on 12/09/2023

Chinese tech firms iMotion and Neusoft keep IPO hopes alive, resubmit Hong Kong listing applications with improved financial results

Two Chinese technology companies have resubmitted their listing applications to the Hong Kong stock exchange, updated with their latest quarterly performance, but analysts said it is unlikely that ...

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