Tag: banking

Long-Term Issuer Default Rating (IDR) is one notch above its Viability Rating (VR), as Fitch Ratings believes senior creditors would benefit from resolution funds raised by the ultimate bank holding ... ( read original story ...)

Provided by Xinhua With patriots administering Hong Kong the global financial hub will get stronger and stronger under one country two systems All ... ( read original story ...)

The COVID-19 pandemic has taken a heavy toll on Hong Kong residents’ financial situation with many people now worried about whether they’ll still be able to settle their bills, according to a recent ... ( read original story ...)

Skadden advised JD Logistics, Inc. ("JDL"), a subsidiary of JD.com, Inc., in its initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. JDL is the leading ... ( read original story ...)

More than 20 investors have expressed interest in a funding round for Dalian Wanda Group Co.’s commercial property management unit, which could raise about 20 billion yuan ($3.1 billion), according to ... ( read original story ...)

Hong Kong is giving some top finance executives a pass on its strict quarantine rules in an attempt to protect business in the city from harsh coronavirus restrictions. ( read original story ...)

Skadden, Arps, Slate, Meagher & Flom and Cleary Gottlieb Steen & Hamilton have the lead roles on China-based JD Logistics Inc.’s $3.2 billion initial public offering on the Hong Kong Stock Exchange. ( read original story ...)

Hong Kong is offering top bankers exemptions from strict virus quarantine measures, said the Securities and Futures Commission (SFC).Senior executives who are fully vaccinated can apply to be exempted ... ( read original story ...)

Food giant Monde Nissin Corp.’s record-breaking entry into the Philippine stock market is driving a shakeup that’s impacting everything from the nation’s consumer sector to holdings of some of the ... ( read original story ...)

Hong Kong senior executives of financial companies and their overseas affiliates who are fully vaccinated can now apply for an exemption from the three-week compulsory quarantine, the markets watchdog ... ( read original story ...)

The successful debut of JD Logistics (JDL), the logistics arm of e-commerce company JD.com, on the Hong Kong Stock Exchange on Friday will change the competition landscape of the logistics red ocean ... ( read original story ...)

HONG KONG • Hong Kong's virtual banks are facing years of red ink after making limited inroads against their bricks-and-mortar rivals in the financial hub.. Read more at straitstimes.com. ( read original story ...)

The Hong Kong Stock Exchange is to increase the profit requirement for companies seeking to list on the Main Board of the Stock Exchange by 60%. This is a smaller increase than was initially proposed ... ( read original story ...)

JD Logistics' vast network of warehouses and delivery workers in China have given JD.com a competitive edge against its rival Alibaba. ( read original story ...)