Tag: banking

Standard Chartered Plc has started operating in split teams in Hong Kong, a bank spokesperson said on Wednesday, as the Asian financial hub announced tough new restrictions after an increase in new ... ( read original story ...)

A Hong Kong cruise ship carrying 3,700 people was ordered back to port on Wednesday for virus testing after nine people were found to be close contacts in an Omicron variant outbreak. ( read original story ...)

Sirnaomics Ltd. became the first RNA therapeutics company to list on the Hong Kong Stock Exchange (HKEX) with a $64 million initial public offering. Its shares (HKEX:2277) have since surged, rising to ... ( read original story ...)

Analysts at Bank of America raised their target price for shares of HSBC, telling clients that the prospects for share buybacks by the lender were brightening. ( read original story ...)

Analysts at Citi reiterated their 'buy' recommendation for shares of IAG while downgrading that for WizzAir to 'sell', in anticipation of a better performance by long haul carriers in comparison to ... ( read original story ...)

Speculation is growing that authorities may make it easier for companies to list in Hong Kong than in other offshore financial hubs. ( read original story ...)

Hong Kong leader Carrie Lam said on Tuesday she could not accept suggestions that press freedom in the city faces "extinction", just days after police raided an online media outlet and arrested seven ... ( read original story ...)

Jailed Hong Kong democracy activist Chow Hang-tung was found guilty on Tuesday of inciting residents to commemorate the Tiananmen crackdown, her second conviction over a chapter of China's past that ... ( read original story ...)

Hong Kong’s banking industry is ill-prepared to tackle extreme climate risk scenarios in the future — and needs to put in place measures soon to manage such risks. The Hong Kong Monetary Authority ... ( read original story ...)

Shares of Chinese artificial intelligence giant SenseTime Group Inc. are set to finish their first week of trade at more than double the price they listed, defying the impact of U.S. sanctions that ... ( read original story ...)

Shares of artificial intelligence company SenseTime rose 20% after the opening bell on Tuesday to as much as HK$9.7 apiece, up 152% since the company priced its IPO at HK$3.85 in late December. The ... ( read original story ...)

Hong Kong-listed companies are under orders to embrace diversity. They must have at least one female board director, per rules effective Jan. 1. That will require action at $176 billion Meituan and ... ( read original story ...)

Hong Kong officials are working to boost turnout in Sunday's legislative election, according to diplomats and people familiar with the effort. ( read original story ...)

Hong Kong stocks declined on the first trading day of 2022 to mark their worst start to a year since 2019 amid weak sentiment on tech shares and ongoing concerns about the financial health of Chinese ... ( read original story ...)