Tag: banking

Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves ... ( read original story ...)

Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or ... ( read original story ...)

From investors to businesses, stakeholders have been more optimistic since the national security law in Hong Kong took effect; -- Over the past years, Hong Kong's closer financial ties with the ... ( read original story ...)

The Bank of England’s Prudential Regulation Authority recently discarded “temporary guardrails” put in place after HSBC, Standard Chartered resumed dividends this year, opening the door for interim ... ( read original story ...)

Shoppers splurge on Rolex watches, electronics, gadgets and eating out as firing gun starts on digital vouchers spending. ( read original story ...)

One year after the introduction of the national security law in Hong Kong, the international financial hub has retained, if not enhanced, its global appeal with the restoration of a peaceful business ... ( read original story ...)

Biel Crystal Holdings Limited, the world's largest maker of smartphone screens, said it applied to raise capital in Hong Kong, reviving the initial public offering (IPO) that was scuttled three years ... ( read original story ...)

Currency deposits will continue to grow as Chinese tech companies launch IPOs in Hong Kong following tighter regulatory scrutiny on overseas listings by Beijing. ( read original story ...)

Due to the overwhelming response, the final issuance amount of this batch of Silver Bonds will increase to HK$30 billion, with most banks reporting record high subscriptions after the government ... ( read original story ...)

Hong Kong’s economy grew slightly slower than expected in the second quarter, with the recovery set to get a boost from the distribution of consumption vouchers beginning this weekend.Gross-domestic ... ( read original story ...)

Losses were seen again for both Hong Kong and mainland-listed stocks on Friday — a day after they clawed back some gains following a dive early this week. ( read original story ...)

Hong Kong's Hang Seng index fell Friday as tech shares tumbled again in a volatile week of trading. U.S. stocks rallied during Thursday's regular session even as data showed second-quarter GDP rose ... ( read original story ...)

Hong Kong’s Hang Seng index tumbled more than 2% by the afternoon. Declines were seen in tech stocks after they had jumped on Thursday. Alibaba tumbled 5.5%, Tencent was down 4%, and Meituan dived ... ( read original story ...)

Central, as the name denotes, has always been the nerve centre of Hong Kong and a district synonymous with power and money. The local architecture reflects that. Bank headquarters and Exchange Square, ... ( read original story ...)