Tag: banking

China's biggest ride-sharing firm Didi Global Inc will close the investor order books for its U.S. initial public offering (IPO) to raise up to $4 billion one day early on Monday, two people with ... ( read original story ...)

The Department of Justice (DoJ) has co-organised a series of Why Hong Kong webinars with the Asian Academy of International Law (AAIL) since February. Following the last session “Why Invest in Hong ... ( read original story ...)

Didi Global Inc (DIDI.N) will close the investors order book for its U.S. IPO to raise up to $4 billion one day early on Monday, according to two sources with direct knowledge of the matter. ( read original story ...)

Hong Kong-based digital banking platform Mox Bank and Mastercard recently revealed a smart new feature, referred to as “Flip.” Flip will be available on the “all-in-one” numberless Mox Cards which ... ( read original story ...)

HKEX says no trading in its stock and futures in morning session due to the ‘black rainstorm’ weather signal hoisted by the Observatory. All local bank branches are also affected. ( read original story ...)

Hong Kong’s anti-corruption agency has warned of shady middlemen offering help with bank applications after arresting 36 people over suspected scams involving government-guaranteed loans totalling ... ( read original story ...)

Investors say they can afford to be picky and are increasingly reluctant to pay steep valuations demanded by the fast-growing companies that populate the IPO market. As a result, a number of ... ( read original story ...)

Cross-border gang falsified bank and ID information obtained through bogus adverts for job and moneymaking schemes. ( read original story ...)

Companies are racing to public markets like never before, cashing in on record-high stock prices.An all-time high of almost $350 billion has been raised in initial public offerings in the first six ... ( read original story ...)

Interest in property auctions has risen amid a boom in Hong Kong’s housing market, despite a decline in the number of properties foreclosed. ( read original story ...)

Hong Kong's financial chief has said the upcoming roll-out of the city's HK$36 billion (US$4.6 billion) voucher scheme is intended to push residents towards embracing electronic payments and lay the ... ( read original story ...)

A fire swept through a marina in Hong Kong in the early hours of Sunday, igniting fuel tanks as it passed along a line of closely moored cabin cruisers, and resulting in at least 10 sinking before ... ( read original story ...)

China is taking another step to loosen its capital controls and in the process is giving onshore investors greater access to a previously hard-to-reach bond market. The so-called southbound link of ... ( read original story ...)

NPR's Sarah McCammon speaks with Primrose Riordan of the Financial Times about China's increasingly tight grip on Hong Kong — and what it might mean for one of the world's busiest financial centers. ( read original story ...)