South Korea is learning how hard it is to cool down an overheating stock market. The country's financial regulator has intervened recently on the initial public offerings of video-game developer ... ( read original story ...)
Banks Rethink Evergrande Mortgage Halt After Queries From HKMA
HSBC Holdings Plc and Bank of China Ltd.’s Hong Kong unit are reconsidering their decisions to halt mortgages for China Evergrande Group’s unfinished residential properties in Hong Kong, after the ... ( read original story ...)
Hong Kong Bourse May Challenge Resistance At 28,000 Points
The Hong Kong stock market on Thursday ended the three-day losing streak in which it had plummeted almost 800 points or 3 percent. ( read original story ...)
China Weighs Unprecedented Penalty for Didi After U.S. IPO
Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month, according to people familiar with the ... ( read original story ...)
HSBC, StanChart halt new mortgages to two Hong Kong projects by Evergrande, brokers say
HSBC and Standard Chartered are declining to extend new loans to buyers of property in two uncompleted Hong Kong residential projects developed by ... ( read original story ...)
HSBC, Standard Chartered halt new loans to Evergrande’s two Hong Kong projects
The move by the banks emerged after a Chinese court froze a $20 million bank deposit held by Evergrande this week and a Chinese city regulator briefly.. ( read original story ...)
Paytm lists being seen as a “foreign-owned and controlled” company as an IPO risk
The fintech firm has listed the fact that it is a "foreign-owned and controlled company" as a risk in the IPO DRHP filed with SEBI. ( read original story ...)
Hong Kong shares snap four-day losing streak; Evergrande soars
Hong Kong shares rose on Thursday, after four straight sessions of losses and tracking regional peers higher on a rebound in consumer and financials firms, even as investors harbour nagging doubts ... ( read original story ...)
Evergrande resolves debt dispute with Guangfa Bank after Hong Kong lenders withdrew mortgage loans to its apartment buyers
China Guangfa Bank won a court order freezing US$20 million of China Evergrande’s assets in China this month, raising concerns about its financial health. ( read original story ...)
Wall Street banks rush to salvage China IPO pipeline after Didi shock
Global investment banks are racing to redirect initial public offerings by Chinese groups towards Hong Kong after new cyber security rules from Beijing halted lucrative tech listings previously ... ( read original story ...)
Hong Kong anti-doxing bill to allow blocking of social media access
Hong Kong’s pro-democracy Apple Daily newspaper ... a pro-Beijing lawmaker in the city, told the Financial Times. However, the Asia Internet Coalition, a lobbying consortium representing US internet ... ( read original story ...)
Hong Kong banks suspend mortgages to Evergrande projects in city
Banks in Hong Kong including HSBC Holdings, its unit Hang Seng Bank and Bank of East Asia have stopped approving some mortgages for properties being developed by embattled China Evergrande Group in ... ( read original story ...)
ACCOUNTING & FINANCE SHOW HONG KONG 2021
Returning for the 3rd edition, the Accounting & Finance Show Hong Kong 2021 will see 80 local and international accounting and finance leaders and technology experts taking the virtual stage on July ... ( read original story ...)
Four of Hong Kong’s Top Banks Halt Some Evergrande Mortgages
HSBC Holdings Plc, Bank of China Ltd.’s Hong Kong unit and at least two other major lenders stopped providing mortgages to buyers of China Evergrande Group’s unfinished residential properties in Hong ... ( read original story ...)