HSBC Holdings Plc is set to speed up its exit from non-core markets and deploy additional capital in Asia, in a bid to push back against a breakup proposal put forward by its biggest shareholder, two ... ( read original story ...)
Exclusive-HSBC set to push back against Ping An breakup proposal – sources
HSBC Holdings Plc is set to speed up its exit from non-core markets and deploy additional capital in Asia, in a bid to push back against a breakup proposal put forward by its biggest shareholder, two ... ( read original story ...)
B.C. court sends wrongful dismissal suit against large Canadian bank to Hong Kong
The Supreme Court of B.C. granted an application from RBC DS and Royal Bank of Canada, which asked the court to rule that a $3.9 million wrongful dismissal lawsuit brought by a former executive, David ... ( read original story ...)
Hong Kong Short Sellers Press Their Bets, Week In Review
Asian equity markets ended an off week lower though Taiwan and India bucked the trend with positive performance overnight. ( read original story ...)
Crowds angry at disqualification from HK$5,000 consumption voucher scheme descend on Hong Kong government offices
About 240,000 people disqualified from HK$5,000 consumption voucher scheme after officials rule there is no evidence they are Hong Kong residents. ( read original story ...)
Hong Kong’s Hang Seng falls 2% as tech stocks drop; China’s GDP misses expectations
Asia-Pacific stocks slipped Friday ahead of China data including GDP and retail sales numbers. In Australia, the S&P/ASX 200 dropped 1.4%. South Korea’s Kospi gave up early gains to decline 0.86% and ... ( read original story ...)
HSBC Buys back Over 3.25M Shrs in HK, London Ytd for $158M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.2519 million shares in London and Hong Kong yesterday (14th), involving a total of approximately HKD158 million. HSBC ... ( read original story ...)
Hong Kong interior design firm Junee files for $20M US IPO
Hong Kong interior design firm Junee Limited has filed to conduct a $20M US initial public offering. Junee didn’t specify the number and pricing of the shares to be o ... ( read original story ...)
Hong Kong – Evolution Of The Financial Services Landscape.
How do you think COVID-19 has impacted the financial sector? How will impact the financial sector in the long run? On the other hand, COVID-19 has brought about financial difficulties amongst ... ( read original story ...)
Hong Kong’s Hang Seng falls while Asia markets trade higher; Singapore tightens monetary policy
Hong Kong's Hang Seng index slipped while Asia-Pacific markets traded higher on Thursday. The Monetary Authority of Singapore tightened monetary policy in an off-cycle move Thursday. Taiwan's ... ( read original story ...)
CICC appoints new investment banking head – sources
China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment banking business, said two people with knowledge of the matter.The appointment, ... ( read original story ...)
China-Hong Kong Swap Connect: What Does it Mean For Foreign Investors?
In this article, we explain what Swap Connect is, how it will work, and the potential impact it will have on offshore investors. ( read original story ...)
Awards for Excellence 2022: Best bank in Hong Kong – DBS Bank
For the first time in many years, Hong Kong has a new winner. Singapore-based it may be, but DBS Bank’s financials alone justify it securing this award – one that tends to usually go to a larger ... ( read original story ...)
HSBC Buys back Over 3.04M Shrs in HK, London Ytd for $150M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0483 million shares in London and Hong Kong yesterday (13th), involving a total of approximately HKD150 million. HSBC ... ( read original story ...)