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Tag: banking

Posted on 22/06/2021

Banks gear up for China-Hong Kong cross-border investment link

Global banks including HSBC and Standard Chartered are ramping up hiring to tap into China’s latest market opening — a new investment link with Hong Kong that could yield almost $500m a year in fees. ( read original story ...)

Posted on 22/06/2021

HSBC, StanChart Eye $460 Million Fee Windfall on China Link

Global banks including HSBC Holdings Plc and Standard Chartered Plc are ramping up hiring to tap into China’s latest market opening -- a new investment link with Hong Kong that could yield almost $500 ... ( read original story ...)

Posted on 22/06/2021

Hong Kong court upholds decision for no jury at first national security trial

A court had ruled that Tong Ying-kit would face a trial without jury, citing "a perceived risk of the personal safety of jurors and their family members." ... ( read original story ...)

Posted on 22/06/2021

Chinese Biotech Company Transcenta Files for Hong Kong IPO

By Ben Otto Eli Lilly & Co.-backed biopharmaceutical company Transcenta Holding Ltd. has filed for an initial public offering in Hong Kong, the latest ... ( read original story ...)

Posted on 22/06/2021

China stocks climb on bank, energy boost; Hong Kong flat

HK daily quota used 2.5% * FTSE China A50 +0.5% SHANGHAI, May 28 (Reuters) - Gains in banking and energy stocks pushed China shares higher on Tuesday on support from Beijing’s reform measures and ... ( read original story ...)

Posted on 22/06/2021

Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

Bitcoin BTC=BTSP regained some ground on Tuesday, a day after touching a two-week low after China's central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese ... ( read original story ...)

Posted on 22/06/2021

Bitcoin steadies in Asia trading after Monday’s plunge

Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest ... ( read original story ...)

Posted on 22/06/2021

Taiwan to keep up some Hong Kong services despite one-China work visa row

Chiu Tai-san, head of the Mainland Affairs Council, said that instead of closing its operations in the city, Taiwan would keep some of its services going, including those related to travel, ... ( read original story ...)

Posted on 22/06/2021

HSBC: The Bank That Supports the Chinese Dictatorship

Solidarity protests in support of democracy struggle in China and Hong Kong Solidarity Against Repression in China and Hong Kong HSBC is the focus of protests internationally because it cooperates ... ( read original story ...)

Posted on 22/06/2021

HSBC, StanChart Eye $460 Million Fee Windfall on New China Link

Global banks including HSBC Holdings Plc and Standard Chartered Plc are ramping up hiring to tap into China’s latest market opening -- a new investment link with Hong Kong that could yield almost $500 ... ( read original story ...)

Posted on 22/06/2021

Final edition of Hong Kong’s Apple Daily could come on Saturday

Board of directors at operator Next Digital wants the Security Bureau to unfreeze assets so employees can be paid. Without funds, tabloid’s 26-year run could end on Saturday. ( read original story ...)

Posted on 22/06/2021

‘No Money, No News’: Asset Freeze, Arrests Signal End for Hong Kong’s Pro-Democracy Paper

Hong Kong’s last pro-democracy newspaper appeared one step nearer to closing Monday, as Apple Daily announced it was airing its last nightly news show and dozens of staff resigned. The announcements ... ( read original story ...)

Posted on 22/06/2021

Chinese banks promise to step up cryptocurrency ban

China’s biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of ... ( read original story ...)

Posted on 22/06/2021

Not smarting from US sanctions, SenseTime says its IPO is on again

Face biometrics giant SenseTime is again pushing forward with a planned IPO which is expected to raise as much as $2 billion on the Hong Kong stock exchange. ( read original story ...)

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