Tag: banking

Higher stamp duty will bring in additional revenue and help to drive away speculative activities by high-frequency traders, but it also possible turnover could fall sharply. ( read original story ...)

Pro-Beijing lawmakers have called for work by the dissident artist Ai Weiwei to be removed from a new museum, and accused local arts groups of undermining national security. ( read original story ...)

Speech by Howard Lee, deputy chief executive, Hong Kong Monetary Authority, at BIS Innovation Summit 2021. Fellow central bankers, distinguished speakers, ladies and gentlemen. It’s my pleasure to ... ( read original story ...)

Great Wall’s Hong Kong shares soared 10.38% and its Shanghai shares rose by the 10% daily limit. ** The sub-index of the Hang Seng tracking energy shares rose 1.9%, while the IT sector rose 2.42%. The ... ( read original story ...)

Hong Kong stocks are in correction mode, having fallen for five straight days . The benchmark has eased more than 10 per cent from its recent high on February 17. forecasts the Hang Seng Index could ... ( read original story ...)

Chinese fintech company Linklogis Inc., backed by Tencent Holdings Ltd., is seeking to raise HK$8.3 billion ($1.07 billion) from an initial public offering in Hong Kong.The Shenzhen-based company is ... ( read original story ...)

Tencent-backed Chinese fintech firm Linklogis is aiming to raise up to $1.06 billion in its Hong Kong initial public offering (IPO) launched Friday, according to a term sheet reviewed by Reuters. By ... ( read original story ...)

Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific equities ... ( read original story ...)

As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are ... ( read original story ...)

Hong Kong has one of the most advanced experiments for central ... pain points in cross-border payments and how to overcome them, and how to enhance the financial infrastructure for such payments. Now ... ( read original story ...)

The IPO: Elite Education Group International (NASDAQ ... This includes expanding services to Hong Kong, Myanmar, Vietnam and Thailand. Expansion also includes expanding services at Miami ... ( read original story ...)

Net gold imports via Hong Kong to China, the world's top consumer of the metal, fell 0.2% to 4.192 tonnes in February, compared with 4.2 tonnes in January, the data showed. * "Import is still ... ( read original story ...)

China Evergrande Group’s online home and car sales platform FCB Group is weighing an initial public offering in the U.S. as soon as the fourth quarter, according to people familiar with the matter.FCB ... ( read original story ...)

Shares of the Hong Kong-listed web giant have plunged over 20% since their January high, wiping out more than $200 billion in market value as Beijing made clear its intention to clampdown on the once ... ( read original story ...)