Tag: banking

Hong Kong’s audit regulator said on Friday it had launched an inquiry into China Evergrande Group’s accounts for the full year of 2020 and the first half of 2021 and an investigation of PwC’s audit of ... ( read original story ...)

Fund Manager One Heritage Holdings Group ("The Group") has announced the opening of a new subsidiary in Singapore, as part of its strategy to strengthen its presence in South East Asia. One Heritage ... ( read original story ...)

In a major advance of its anti-money laundering (AML) compliance program, Bangkok Bank Limited (BBL) has deployed a solution that integrates and consolidates AML processes across its 300 branches ... ( read original story ...)

Financial Secretary Paul Chan says funding arrangements for transforming city’s border area with mainland China should be creative, tailor-made for each stage of development. ( read original story ...)

The HKMA could go ahead with e-HKD plans next year, bringing Hong Kong a step closer to becoming a cashless city. Here is what you need to know about the digital currency. ( read original story ...)

Hong Kong FinTech Hyphen Group is mulling a public offering via a merger with special purpose acquisition company (SPAC) Provident Acquisition Corp. ( read original story ...)

Hong Kong Sevens all set to return in April, with new events in France and Spain as Covid-19 restrictions continue to affect plans for the coming season. ( read original story ...)

Asian equities were largely higher with Japan off and Hong Kong unexpectedly closed due to Typhoon Kompasu hitting the island. ( read original story ...)

N26 is set to close a major funding round from leading US investors after months of speculation. ( read original story ...)

WM Tech Corp., controlled by founder and chairman Zhang Wenzhong, has shelved its Hong Kong initial public offering after letting the application lapse, according to people familiar with the situation ... ( read original story ...)

The Chinese firm, which started up in 2015 as a roadside coffee stall, has been in talks with investment banks to explore its floatation. ( read original story ...)

Manner Coffee, a Shanghai-based cafe chain, is considering an initial public offering in Hong Kong that could raise at least $300 million, people with knowledge of the matter said. ( read original story ...)

Businesses in Hong Kong ground to a halt on Wednesday because of severe weather, with the Observatory deciding to extend the Signal 8 warning until 4pm. Trading in stocks and derivatives, the bullion ... ( read original story ...)

Bank of China (Hong Kong) will be adopting "iAM Smart", a mobile application launched by the Hong Kong SAR Government, for digital identification in mobile account opening, making it one of the first ... ( read original story ...)