Tag: banking

Didi has begun informal discussions with the Hong Kong stock exchange about a public listing, according to two people familiar with the situation, as the Chinese ride-hailing leader tries to return ... ( read original story ...)

The dollar was steady after declining and commodity-linked currencies like the Australian dollar stabilized after jumping alongside oil prices. ( read original story ...)

Asian equity markets were off overnight despite the Nasdaq’s impressive intraday reversal as Japan came back from holiday with a thud while India, Malaysia, and Thailand managed moderate gains. ( read original story ...)

Hong Kong’s Hang Seng index led gains in the region, as it jumped 1.71%. The Hang Seng tech index soared 3.7%, as Tencent was up 2.57%, and Alibaba climbed 2.71%, and Meituan jumped 4.81%. JD soared 8 ... ( read original story ...)

Wall Street equities gained after Federal Reserve Chair Jerome Powell reassured investors that the central bank will contain inflation without hurting the economy. Asia-Pacific markets may open ... ( read original story ...)

The Hong Kong stock market on Tuesday snapped the three-day winning streak in which it had advanced almost 750 points or 3.3 percent. The Hang Seng Index now sits just beneath the 23,740-point plateau ... ( read original story ...)

An ill-fated push into property lending has instead turned China Minsheng Banking Corp. into one of the biggest casualties of the real estate debt crisis that's roiling Asia's largest economy ... ( read original story ...)

More than 500,000 kindergarten and primary pupils will stay home till February. . Read more at straitstimes.com. ( read original story ...)

Stocks in Asia were predominantly directionless on Monday, although the Hong market managed to tack on a couple of hundred points. ( read original story ...)

HSBC should be hit with economic sanctions if it does not sever ties with a firm that is closely linked to the ethnic cleansing of Uyghur Muslims in ... ( read original story ...)

HSBC Asset Management has introduced a sustainable income fund investing in a portfolio of global assets, including sustainable investment strategies. The HSBC Global Sustainable Multi-Asset Income ... ( read original story ...)

The National Security Law brought in by Beijing in response to violent protests paves the way for an acceleration of the economic and political integration of Hong Kong into China. Inside the People’s ... ( read original story ...)

Hong Kong's Financial Secretary Paul Chan has said the region is emerging as an ideal destination for US-listed Chinese firms due to reforms. ( read original story ...)

JL Mag Rare-Earth Co has priced its Hong Kong IPO at the bottom of the marketed range, netting HK$4.2bn ($543.9m) in proceeds, according to a source close to the deal. The Mainland-based company is a ... ( read original story ...)