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Tag: banking

Posted on 25/08/2022

Trucpal Token continues to promote to be traded in the Hong Kong financial market in the future

Info Tech Ltd. ("HGC"), the issuer of Trucpal Tokens ("Trucpal"), announces its partnership with Hong Kong Virtual Asset Exchange Limited ("HKVAX"), which has become the other partner in HGC's Global ... ( read original story ...)

Posted on 25/08/2022

Storm Delays Trading Debut for Hong Kong’s Biggest IPO This Year

China Tourism Group Duty Free Corp., which raised HK$16.2 billion ($2.1 billion) in Hong Kong’s biggest listing this year, will have its debut delayed due to tropical storm Ma-on. Most Read from ... ( read original story ...)

Posted on 25/08/2022

Bank of China HK foresees future of banking with AI art series

The campaign will be featured in the live chat series on Bank of China’s own channel, with other mediums to follow. ( read original story ...)

Posted on 25/08/2022

Chinese ramp up pressure on HSBC: Ping An in fresh call for a split

Jessica Tan, co-chief executive of Ping An, said HSBC was a 'significant investment' for the firm and that she was keen to receive a solid return. ( read original story ...)

Posted on 24/08/2022

Ping An backs HSBC restructuring call but says it is not an activist investor

China's Ping An Insurance Group said it supported calls to restructure HSBC , which could include a spinoff of its Asia business, saying it cared about investment returns from its large stake in the ... ( read original story ...)

Posted on 24/08/2022

CDFG raises $2.4bn in Hong Kong IPO; sets out major expansion plans

The retailers plans include investment in doemstic and overseas channels, including new downtown, airport and cruise stores and pursuit of acquisitions in overseas travel retailers ... ( read original story ...)

Posted on 24/08/2022

Hong Kong to Raise Typhoon Alert, Threatening Trading

Hong Kong said it will issue its third-highest typhoon warning on Wednesday as tropical storm Ma-on makes its way toward the city, threatening to disrupt market trading in the financial hub. Most Read ... ( read original story ...)

Posted on 24/08/2022

China to name Zhang Qingsong as vice governor of central bank

BEIJING: China is set to name Zhang Qingsong as a vice governor of the central bank, financial magazine Caixin said on Wednesday (Aug 24).  Zhang, president of the Agricultural Bank of China, one of ... ( read original story ...)

Posted on 24/08/2022

Ping An Stands By HSBC Spin-off Call But Says It Is Not An Activist Investor

China's Ping An Insurance Group defended its call to spin off HSBC's Asia business, saying it cared about investment returns from its large stake in Europe's biggest bank but was not an activist ... ( read original story ...)

Posted on 24/08/2022

Hong Kong, China stocks fall more than 1% on slowdown worries

SHANGHAI — Hong Kong shares fell to a three-month trough on Wednesday while mainland China stocks touched two-week lows, weighed down by concerns about a slowdown in the world’s second largest economy ... ( read original story ...)

Posted on 24/08/2022

Ping An co-CEO defends HSBC spinoff call, says it’s not an activist investor

Ping An Insurance Group defended its call to spin off HSBC's Asia business, citing its large holdings in the bank that affects its investment returns. "It is a significant investment and we've ... ( read original story ...)

Posted on 24/08/2022

PingAn ‘Not Activist Investor’ of HSBC With Spinoff Call: Co-CEO

"We are not an activist investor," she said. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. ( read original story ...)

Posted on 24/08/2022

Global Engine Group Holding Commences U.S. IPO Effort

Global Engine Group Holding Limited has filed to raise $17 million in a U.S. IPO. Read what investors need to know about GLE here. ( read original story ...)

Posted on 23/08/2022

Hong Kong’s fintech competitiveness against rivals like Singapore hurt by talent crunch, regulatory hurdles: Google survey

Many fintech start-up executives surveyed by Google view Hong Kong as being relatively uncompetitive compared to other fintech hubs More than 60 per cent of them said they face a severe talent gap ... ( read original story ...)

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