Tag: banking

Online brokerage TOP Financial (TOP) stock plunged 74% Friday afternoon, hitting a new all-time low. Read more here. ( read original story ...)

Under Chapter 18C of Hong Kong's listing rules, pre-revenue Big Tech companies valued at HK$15 billion to HK$20 billion can apply to raise capital The valuation can be cut to HK$8 billion if the ... ( read original story ...)

Limited (OTCMKTS:BHKLY – Get Rating) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 5,100 shares, a growth of 2,450.0% ... ( read original story ...)

The Hong Kong government is set to unveil a new policy statement to show its vision of developing the city into a global virtual asset centre Local investors have voiced concerns that regulatory ... ( read original story ...)

Stocks rally with regional markets following overnight gains in US equities as programme-buying said to kick in after a major sell-off this year Almost all of the 73 Hang Seng Index members rose, ... ( read original story ...)

Hong Kong mobile banking apps scored 18 per cent more on average than a year earlier, reflecting better user experience and more functions, Sia Partners' study shows Hong Kong's ZA Bank, Mox Bank and ... ( read original story ...)

China’s central bank digital currency (CBDC) project has reached the mark of 100.04 billion yuan, making e-CNY the most widely adopted CBDC in the world. ( read original story ...)

Stocks find no support at home and abroad even after a major rout this week as risk-off sentiment pervades local and regional markets. ( read original story ...)

Hong Kong dealmakers expect China's 20th Party Congress next week to herald a shift in focus in Beijing back towards business and economic issues that could help revive the city's IPO issuance from ... ( read original story ...)

Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that’s threatened the city’s status as an international financial hub. ( read original story ...)

Pick up any quality media in 2022 and the reader will increasingly see three bold letters jumping from the business sections. The conspicuous E, S and G stand for “Environmental, Social and Governance ... ( read original story ...)

Japan was near the flatline to +0.02%.China -1.23%, and the Shenzhen Component dipped 1.36%.Banks in China extended ¥2.47T of new loans in September, compared with ¥1.25T in ... ( read original story ...)

Alibaba Group Holding fell 4.5 per cent to HK$72.60, and Tencent lost 2.4 per cent to HK$248.40 while HSBC slid 2.8 per cent to HK$38.60. Restaurant operator Haidilao slumped 7.3 per cent to HK$13.28, ... ( read original story ...)

Shares of BOC Hong Kong Ltd. (BHKLY) have been struggling lately and have lost 5.5% over the past two weeks. However, a hammer chart pattern was formed in its last trading session, which could mean ... ( read original story ...)