Tag: banking

Insiders have raised questions over whether HSBC appropriately informed US monitors about the ring, which was uncovered by the bank during an internal review ... ( read original story ...)

The appointment of the special investigator marked an escalation in the Hong Kong government’s crackdown on financial malfeasance, as it burnishes its credibility as Asia’s financial hub. ( read original story ...)

The domestic workers, allegedly paid to open bank accounts then hand over the ATM cards, were among a group of 29 arrested in a series of raids on Monday and Tuesday. ( read original story ...)

SML Group Ltd., a garment label maker for fashion and retailers, is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter.The Hong Kong-based ... ( read original story ...)

Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital ... ( read original story ...)

Hong Kong's buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, ... ( read original story ...)

Beijing Ubox Technology & Trade Co., a Chinese intelligent vending machine maker, is weighing a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar ... ( read original story ...)

Hong Kong’s wealth market is poised for a rebound after a pandemic ... Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance ... ( read original story ...)

The Hong Kong stock market has finished lower in three straight sessions, plummeting more than 2,600 points or 10.3 percent along the way. The Hang Seng Index now rests just beneath the 25,100-point ... ( read original story ...)

Hong Kong’s technology gauge slumped by a record 8 per cent on its first anniversary, with nearly half its members crashing by more than 10 per cent. Speculation about US investment ban accelerated ... ( read original story ...)

Li Auto, the Chinese electric-vehicle maker backed by on-demand delivery service giant Meituan, has got the go-ahead from Hong Kong stock exchange for an initial public offering, just 12 months after ... ( read original story ...)

Asian equities were mixed with Hong Kong and China sharply lower. Reuters published an article yesterday citing SEC Commissioner Allison Lee’s comments that “Chinese companies listed on US stock ... ( read original story ...)

China’s overhaul of Hong Kong’s political institutions has crushed the pro-democracy movement, and fueled warnings of an end to the city’s status as an international financial hub. Yet more than a ... ( read original story ...)

Global media and technology company Verizon Media lends its expertise to virtual bank livi bank's livi PayLater campaign in Hong Kong's first programmatic bus shelter panels through the Verizon Media ... ( read original story ...)