Tag: banking

Traditional banks, insurers, and financial service providers in Hong Kong are jumping on board with fintech adoption, with a Hong Kong Monetary Authority (HKMA) study showing 86 per cent of incumbents ... ( read original story ...)

Tyrone Siu via ReutersWhen Samuel Bickett, a former Bank of America compliance director, saw a man with a retractable baton confronting a teenager in a subway station in Hong Kong in 2019, he assumed ... ( read original story ...)

Hong Kong’s stock exchange is reducing the gap between pricing and trading initial public offerings in an upgrade that will also ease pressure on the local currency during hot deals plus eliminate fax ... ( read original story ...)

Medlive Technology, the largest online professional physician platform in China, has launched its planned Hong Kong IPO. The 155.1 million share offering will be priced between between HK$24.10 and ... ( read original story ...)

Most Asian share markets opened a fraction higher on Tuesday, ahead of a key decision by Australia's central bank on its quantitative easing programme and despite ongoing concerns over the future ... ( read original story ...)

Bank of China has notched yet another first in Asia’s debt market. The firm’s Hong Kong arm has raised Rmb1.5bn ($232m) from an offshore dim sum bond tagged as a ‘sustainable and smart living’ green ... ( read original story ...)

The SFC of Hong Kong has announced that it had reprimanded a senior management member of YSL for breaches of AML regulatory rulings. ( read original story ...)

Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI”, or the “Company”, stock code: 1788.HK) announced that it has been ... ( read original story ...)

Hong Kong lawmakers support a government proposal to expand the city's top accountancy regulator's powers to cover auditors of private companies, but were concerned about who would foot the bill. The ... ( read original story ...)

Didi Global Inc (DIDI.N) says it had no knowledge before its $4.4 billion New York listing last week that China's cyberspace administration would start to investigate the company and order its app be ... ( read original story ...)

In a league table ranking cities based on 16 factors, Hong Kong scores badly for social security and financial stress, but very well for its Covid-19 response. ( read original story ...)

HK daily quota used -9% * HSI -0.6%, HSCE -1.4%, CSI300 +0.1% * FTSE China A50 -0.2%, July 5 (Reuters) - Hong Kong stocks closed lower on Monday, as tech firms slumped after Beijing's latest ... ( read original story ...)

There are no numbers yet, but chances are, many of us know at least a family which has recently called it quits on Hong Kong. And for some of us, it might feel almost apocalyptic. A few countries' ... ( read original story ...)

Hong Kong's virtual Bank Airstar has appointed Xiaomi’s Chief Financial Officer Alain Lam Sai Wai as Chair of BoD. ( read original story ...)