Tag: banking

The initial public offerings of mainland Chinese technology firms propelled Hong Kong Exchanges and Clearing to its strongest-ever first half in terms of IPO proceeds, according to new data from KPMG. ( read original story ...)

Hong Kong’s securities watchdog warned the city’s brokers after finding examples of inadequate controls, as it escalates efforts to monitor unauthorized trading and cash movements. ( read original story ...)

China legal clash. In the past two years, Chinese state-owned firms have ended or cut back business with HSBC. ( read original story ...)

Asian bank bosses have long feared HSBC (HSBA.L), (0005.HK) would get serious about building up its investment bank in the region. The lender is now making another push, moving one of the unit’s ... ( read original story ...)

The storm delayed a flight carrying Hong Kong leader Carrie Lam and her delegation to Beijing for the Chinese Communist Party's 100th anniversary celebrations. ( read original story ...)

China's biggest ride-sharing firm Didi Global Inc will close the investor order books for its U.S. initial public offering (IPO) to raise up to $4 billion one day early on Monday, two people with ... ( read original story ...)

The Department of Justice (DoJ) has co-organised a series of Why Hong Kong webinars with the Asian Academy of International Law (AAIL) since February. Following the last session “Why Invest in Hong ... ( read original story ...)

Didi Global Inc (DIDI.N) will close the investors order book for its U.S. IPO to raise up to $4 billion one day early on Monday, according to two sources with direct knowledge of the matter. ( read original story ...)

Hong Kong-based digital banking platform Mox Bank and Mastercard recently revealed a smart new feature, referred to as “Flip.” Flip will be available on the “all-in-one” numberless Mox Cards which ... ( read original story ...)

HKEX says no trading in its stock and futures in morning session due to the ‘black rainstorm’ weather signal hoisted by the Observatory. All local bank branches are also affected. ( read original story ...)

Hong Kong’s anti-corruption agency has warned of shady middlemen offering help with bank applications after arresting 36 people over suspected scams involving government-guaranteed loans totalling ... ( read original story ...)

Investors say they can afford to be picky and are increasingly reluctant to pay steep valuations demanded by the fast-growing companies that populate the IPO market. As a result, a number of ... ( read original story ...)

Cross-border gang falsified bank and ID information obtained through bogus adverts for job and moneymaking schemes. ( read original story ...)

Companies are racing to public markets like never before, cashing in on record-high stock prices.An all-time high of almost $350 billion has been raised in initial public offerings in the first six ... ( read original story ...)