Tag: banking

South Korea’s market for initial public offerings has been on fire in the third quarter, with record proceeds that are set to surpass Hong Kong’s for the first time since 2017.Most Read from ... ( read original story ...)

Dongguan Rural Commercial Bank fell as much as 17.8% in its market debut in Hong Kong on Wednesday amid waning investor interest in Chinese lenders exposed to the nation's embattled property ... ( read original story ...)

Ping An OneConnect, which is owned by Ping An Insurance, China’s largest insurer, is the first virtual bank to focus completely on SMEs. ( read original story ...)

The Hong Kong stock market has moved higher in consecutive trading days, gathering more than 300 points or 1.2 percent along the way. The Hang Seng Index now sits just above the 24,500-point plateau ... ( read original story ...)

Hong Kong authorities linked cryptocurrency and money laundering for the first time in July, when a customs team shut down a syndicate suspected of moving illegal funds totalling HK$1.2 billion ... ( read original story ...)

Hong Kong-based Formation.Fi is helping investors build their decentralized finance (DeFi) portfolios based on yield-farming strategies. It raised money from several DeFi protocol founders as well as ... ( read original story ...)

A senior Hong Kong government official has accused the US of helping to foment the violent protests of 2019, saying the unrest dealt a severe blow to the economy which was now “back on track” under ... ( read original story ...)

With the release of Hong Kong first business environment report on Monday since its return to the motherland experts and busine ... ( read original story ...)

Hong Kong's financial chief "has the qualifications" to be a contender for the city's next leader, pro-establishment veteran Regina Ip Lau Suk-yee has said, a category she believes includes "many ... ( read original story ...)

Co has received the go ahead from Hong Kong’s stock exchange to list. The company is being spun off by MicroPort Scientific Corp, a Shanghai-based medical device manufacturer. CICC and JP Morgan are ... ( read original story ...)

Hong Kong’s central bank asked lenders to report their exposure to debt-laden China Evergrande Group on concern over potential systemic risks to the region’s financial system, according to people ... ( read original story ...)

Hong Kong's central bank has asked lenders to report their exposure to debt-laden China Evergrande Group on concerns over potential systemic risks to the region's financial system, Bloomberg reported ... ( read original story ...)

The risks to Hong Kong banks from heavily indebted Chinese property developers are manageable, a top executive at the city's banking regulator said on Tuesday. ( read original story ...)

Stocks show a promising start as risk appetite rebuild. China’s central bank vows to ensure a healthy property market, a sign authorities are ready to contain any fallout from Evergrande’s debt crisis ... ( read original story ...)