Tag: banking

With the banking industry legally requiring customers to prove their ... A recent study—conducted by Denise Tse-Shang Tang, an assistant professor at Hong Kong’s Lingnan University, and Celine Tan, ... ( read original story ...)

is planning to file a listing application to the Stock Exchange of Hong Kong as early as the end of February for an around US$2bn IPO, said people with knowledge of the matter. The listing is expected ... ( read original story ...)

Blank cheque firm Ace Eight Acquisition Corp filed a Hong Kong listing application on Monday, the latest to join a fast-growing pipeline of IPOs in the city by special purpose acquisition companies ... ( read original story ...)

Hong Kong stocks weakened amid concerns a wider city lockdown to stem the fifth wave of Covid-19 outbreak will hurt the economy, while geopolitical risks over Russia and Ukraine fanned a flight to ... ( read original story ...)

Hong Kong’s hospitals are struggling to cope with the surge in coronavirus cases and are short of beds, as per a report by the South China Morning Post. Meanwhile, the People’s Bank of China (PBOC) ... ( read original story ...)

A veteran of HSBC’s business in Asia has been picked to lead the bank’s operations in its single biggest market of Hong Kong. The FTSE 100 lender said that Luanne Lim, who has been running the Hong ... ( read original story ...)

The Hong Kong Special Administrative Region (HKSAR) government on Monday issued a paper to the Legislative Council Finance Committee to seek injection of 27 billion HK dollars (3.46 billion U.S. ( read original story ...)

Hong Kong’s biggest conglomerates and chains were among the top ... First announced in April 2020, the Employment Support Scheme (ESS) provided financial support to employers who promised to retain a ... ( read original story ...)

Standard Chartered Hong Kong has become the first foreign bank that is qualified as a direct participant of the cross-border interbank payment system (CIPS) outside mainland China. The bank has been ... ( read original story ...)

Hong Kong (CNN Business)The United States is about to get its first initial public offering from a Chinese company in months, even as US-China tensions and regulatory scrutiny remain high. Meihua ... ( read original story ...)

A vibrant community of NFT and metaverse enthusiasts have formed in Hong Kong, Asia's financial and art trading hub, where regulators have been slow to catch up with the rapid development of ... ( read original story ...)

(MENAFN) Hong Kong is in search of at least USD3 billion in assets to add to its market after financial stress from its coronavirus restrictions. The local administration in the semi-autonomous ... ( read original story ...)

HONG KONG, Feb 14 (Reuters) - The latest wave of COVID-19 infections ... Despite the latest surge, deaths in the global financial hub remain far less than similar-sized cities since the pandemic ... ( read original story ...)

Hong Kong's leader Carrie Lam said on Monday (Feb 14) that the "onslaught" of coronavirus infections in the global financial hub has dealt a heavy blow and overwhelmed its capacity to deal with the ... ( read original story ...)