Tag: banking

Choksi was running a "circular trade" with companies propped up by him as pearl suppliers in Hong Kong, through which he had managed to siphon off over Rs 6,345 crore borrowed from PNB, CBI alleged ... ( read original story ...)

Hong Kong stock exchange must undertake more reforms to attract SPACs and tweak rules to make it easier for small firms to list in the city, market experts tell China Conference organised by the Post. ( read original story ...)

The CBI has alleged that Choksi made his employees directors of Shanyao Gong Si Limited and 4C's Diamond Distributors and Crown Aim, based in Hong Kong, and was controlling them. ( read original story ...)

Hong Kong has an immensely important role in global green finance, but its success hinges on shaping and rapidly adopting international sustainability reporting standards. Regulators across the world ... ( read original story ...)

Hong Kong’s eight virtual banks all lost money last year, with a combined pretax loss of HK$2.4 billion ($309 million), according to a report published Tuesday. Standard Chartered-backed Mox Bank ... ( read original story ...)

Hong Kong’s government expanded the scope of a quarantine waiver programme in May allowing senior executives from the financial industry and listed companies to conduct business upon arrival in the ... ( read original story ...)

Shares of Angelalign Technology nearly tripled in price in the debut of China's version of Invisalign in Hong Kong on Wednesday, a performance that may put to rest concerns the city's IPO market was ... ( read original story ...)

The market for flexible working space is picking up again in Hong Kong after the initial slump brought by tough social-distancing rules during the early months of the coronavirus pandemic. ( read original story ...)

WeLab Bank to offer Apple Pay option to clients across Hong Kong. The new payment option is safe, secure, convenient. ( read original story ...)

Senior global bankers hoping to skip Hong Kong’s stringent quarantine regime will need to wait as concerns about imported Covid cases ratchet up. ( read original story ...)

The Hong Kong stock market turned lower again on Tuesday, one session after ending the seven-day losing streak in which it had ... ( read original story ...)

HSBC Holdings Plc was raised to buy by Citigroup Inc. because of the European bank’s “under appreciated” wealth business in Asia, a region that leads the world in minting billionaires. ( read original story ...)

Nomura has chosen Refinitv, a financial market solution provider, to support wealth management in Singapore, Hong Kong. ( read original story ...)

Commerce secretary Edward Yau tells conference attendees city actively looking for ‘leeway’ in ways to loosen rules for those with two jabs, pointing to existing ‘vaccine bubble’ as example. ( read original story ...)