Tag: banking

Block Trade}BOC HONG KONG: 2.72m shares, or HK$69.21m [ET Net News Agency, 12 July 2021] A direct manual trade of 2.72 million shares of BOC HONG KONG (02388) was registered at 2:39p.m. The deal amoun ... ( read original story ...)

Casual conversations in Hong Kong these days turn quickly to departures: Where to go, how to find work or school places. Subway station advertisements tout developments in London commuter towns. ( read original story ...)

Velotrade, a Hong Kong-headquartered growing leader in trade finance, has secured funding and partnership with Vynn Capital, ... ( read original story ...)

Amundi SA is seeking to attract as much as $250 billion in assets from the Greater China region, pledging to build a secondary home base in one of the world’s fastest-growing wealth markets. ( read original story ...)

Many of China’s high-flying technology companies have opted for IPOs in the US, as it has the deepest and most liquid market globally. The tide, however, maybe turning, with the likes of LinkDoc ... ( read original story ...)

ByteDance was considering an IPO of all or some of its businesses in the U.S. or Hong Kong, the Wall Street Journal reported on Monday. ( read original story ...)

New York-based fund manager Lexington downsized its office space in IFC Two by 45 per cent, a sign that the worst may not be over for the city’s battered office segment. ( read original story ...)

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) is considering a third listing in China’s A-share market in addition to its planned listing in Hong Kong, ... ( read original story ...)

The owner of the TikTok video app took a different approach from ride-hailing company Didi, which pressed ahead with a U.S. listing. ( read original story ...)

QNB Group, a financial institution in the Middle East and Africa, has opened its branch in Hong Kong, an important global financial hub. ( read original story ...)

Bukalapak’s and Zomato’s respective debuts in Indonesia and India will help startups decide whether to list at home. The Fragrant Harbour has proven it has what it takes to attract hot tech names. ( read original story ...)

This points to lessening risks for banks’ asset quality, S&P said, and will push Hong Kong banks’ credit losses to likely normalize to their 2019 levels sooner than the earlier expected end-2022. “The ... ( read original story ...)

Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, they’ve had a rude awakening. Deals are being shelved and investors are nursing heavy ... ( read original story ...)

Hong Kong stocks rose for a second day after China’s central bank cut the amount of money commercial lenders must set aside as reserves in an effort to sustain a recovery from the pandemic. The Hang ... ( read original story ...)