Tag: banking

Biopharmaceutical firm Abbisko kicked off bookbuilding for its Hong Kong IPO on Thursday, aiming to raise HK$1.75bn ($225.2m). The Shanghai-based company specialises in the discovery and development ... ( read original story ...)

Hong Kong shares ended lower on Thursday, dragged down by tech stocks after China said it would set up governance rules for algorithms in around three years. ( read original story ...)

Government attributes scale of the increase to its digital voucher scheme, a HK$36 billion drive to stimulate local spending which launched at start of August Hong Kong’s retail sales shot up 11.9 per ... ( read original story ...)

He said the two bills’ passage would spur the rapid development of Hong Kong’s asset and wealth management business. The amended ordinances establish new fund re-domiciliation mechanisms for existing ... ( read original story ...)

Further to the announcement on the return of RISE, one of Asia’s largest tech conferences, in March 2022, Hong Kong also recently secured two major technology events to be held next year – the very ... ( read original story ...)

The Hong Kong stock market has climbed higher in three straight sessions, gathering more than 460 points or 1.9 percent along the way. The Hang Seng Index now sits just above the 24,660-point plateau ... ( read original story ...)

There was no sign of significant capital outflows from Hong Kong's banking system over the past six months, an official report said Wednesday. The Hong Kong Monetary Authority (HKMA) said total ... ( read original story ...)

Global lenders are speeding up a relocation of bankers from Hong Kong to China to expand dealmaking in the world’s second-largest economy, partly spurred on further by tight quarantine restrictions. ( read original story ...)

Wanting to join the SPAC surge, Hong Kong is changing the regulations to capture some of the thriving business that has been the toast of Wall Street. Ironically, the Asian financial centre is making ... ( read original story ...)

British firm Mishcon de Reya will open an office in Hong Kong in partnership with local law firm Karas LLP to handle high-profile corporate disputes, the firm announced Tuesday. ( read original story ...)

Hong Kong's Financial Secretary Paul Chan has presented a petition to the Court of First Instance to wind up Next Digital Ltd (NDL), the media group owned by jailed tycoon Jimmy Lai. Next Digital was ... ( read original story ...)

At two recent industry conferences, representatives of Standard Chartered shared their views on how Hong Kong could leverage its unique position to grasp strategic opportunities as the GBA and Belt ... ( read original story ...)

Hong Kong's banking sector can withstand the crisis surrounding China Evergrande Group, as local lenders have little exposure to the troubled mainland developer, thanks to repeated warnings from the ... ( read original story ...)

There was no sign of significant capital outflows from Hong Kong's banking system over the past six months, an official report said Wednesday. The Hong Kong Monetary Authority (HKMA) said total ... ( read original story ...)