Tag: banking

Growing investor angst about China’s real estate crackdown rippled through markets on Monday, pummeling Hong Kong developers and adding pressure on Beijing authorities to stop financial contagion from ... ( read original story ...)

Hong Kong’s benchmark stock index plunged 3.9% this morning and is on track to close at a near one-year low year as contagion spread from the collapse of shares at real estate developer China ... ( read original story ...)

Concerns about the health of China’s real estate sector spilled into Hong Kong markets on Monday, sparking the biggest selloff in property stocks in more than a year and dragging down everything from ... ( read original story ...)

Asian markets fell Monday in holiday-thinned trade, dragged by a range of issues including the Federal Reserve's plans to taper monetary policy, surging Delta infections, China's regulatory crackdown ... ( read original story ...)

The competition was incredibly tight with close to 270 entries across 30 categories and a total of 99 trophies awarded to the leading brands and agencies across the regions at the ceremony. ( read original story ...)

The Hong Kong stock market on Friday wrote a finish to the four-day losing streak in which it had plummeted more than 1,530 points or 6 percent. The Hang Seng Index now sits just above the ... ( read original story ...)

More property buyers are rushing into the market to get ahead of rising prices and potentially higher mortgage rates as the local monetary authority is expected to raise interest rates in lockstep ... ( read original story ...)

Shenzhen Qianhai Authority will offer some services at Admiralty office, and pledges to work on businesses’ complaints that opening a mainland bank account takes too long. ( read original story ...)

King & Wood Mallesons, C&T Partners and Clifford Chance are advising on Dongguan Rural Commercial Bank’s US$1.3 billion Hong Kong IPO, a deal that could revive a tepid third quarter. ( read original story ...)

Ximalaya’s ditching of its New York listing plan in favor of Hong Kong could mark the start of a new trend for Chinese tech firms that previously favored the ... ( read original story ...)

The designations came as part of a broader action by the US Treasury Department that targeted Lebanon and Kuwait-based financial conduits that fund the Lebanese Shiite group Hezbollah as well as ... ( read original story ...)

Hong Kong on Friday proposed changing its rules to allow SPACs to list, but with tighter restrictions than elsewhere as it becomes the latest to tap the desire for such investment vehicles even as the ... ( read original story ...)

Hong Kong Financial Secretary Paul Chan Mo-po is confident Hong Kong has a vital role to play in the 14th Five-Year Plan period (2021-25), from offshore Renminbi center to promoting the city's bond ... ( read original story ...)

Hong Kong Exchanges & Clearing, Asia's busiest stock exchange, has outlined plans to allow the listing of blank-check shell corporations whose global popularity has soared over the past year, just two ... ( read original story ...)