Tag: banking

(Bloomberg Opinion) -- Watch out HSBC Holdings Plc. The digital banking revolution is coming for all the easy money the U.K.-based bank has long taken for granted. Hong Kong was HSBC’s ... ( read original story ...)

The Vietnam Finance Company Limited (VFC) in China’s Hong Kong, the first overseas financial institution of Vietnam, marked its 40th founding anniversary on October 26. Hong Kong accommodates many lea... ( read original story ...)

The studio had hoped to raise up to $500 million of new capital. STX Entertainment has abandoned plans to list on the Hong Kong Stock Exchange. The studio's IPO filing lapsed on Thursday and is now li... ( read original story ...)

Singapore entrepreneur and tycoon Ron Sim has “aborted” plans to list V3 Group Ltd. in Hong Kong amid intense volatility and weakness in the global stock market. Sim, who created Asia’s largest maker ... ( read original story ...)

Under this initiative, RCCI former president Zahid Latif Khan led a delegation to Hong Kong where it held Business Opportunity Conference (BOC) and meetings with Hong Kong Chamber of Commerce and sign... ( read original story ...)

STX Entertainment has dropped its plans to list its shares on the Hong Kong Stock Exchange, some six months after it filed a draft prospectus. The company had sought to raise up to $500 million of ... ( read original story ...)

Banks in Hong Kong are ramping up their recruitment in technology and increasingly running into strong competition for talent from tech companies. But who are the senior managers in charge of ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation launched today personal tax loan offers at an interest rate of 1.8 percent for a loan of more than HK$1.5 million with a 12-month repayment period. Borrow... ( read original story ...)

Hong Kong’s smart banking push got a big slap down after the Hong Kong Monetary Authority ordered e-wallet operators to suspend auto transfers via the recently-launched Faster Payment System to top-up ... ( read original story ...)

After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and t... ( read original story ...)

BOC Hong Kong and Sands China both shed 0.90 percent, Tencent Holdings lost 0.72 percent, Sung Hung Kai Properties fell 0.69 percent, China Mengniu Dairy slid 0.63 percent, WH Group dipped 0.35 percen... ( read original story ...)

That year, talks between China and the U.K. about the city’s future sparked panic across financial markets, triggering a sharp depreciation of the Hong Kong dollar. To help contain the turmoil, the cu... ( read original story ...)

CLP Holdings, the larger of Hong Kong’s two power utilities, aims to double the size of its India unit via acquisitions and new-build projects in the next five years and list it on the local bourse, a... ( read original story ...)

Meanwhile, Hong Kong’s Hang Seng index slipped 0.38 percent to close at 25,249.78. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the ... ( read original story ...)