Tag: banking

Hong Kong’s virtual banks are facing years of red ink on the bottom line after making limited inroads against their brick-and-mortar rivals in the financial hub. ( read original story ...)

Hong Kong’s security chief told units of Citigroup and HSBC that their employees could face jail time if they deal with the accounts or assets of the pro-democracy newspaper owner. ( read original story ...)

Reuters reported. Lee’s office didn’t immediately respond to calls and emails for comment on Thursday. An aide to Lai didn’t immediately respond to a request for comment. A Citigroup spokesman said in ... ( read original story ...)

The Apple Daily owner has emerged as one of the highest profile targets of the territory's new national security law ... ( read original story ...)

Hong Kong HSBC and Citibank branches have been sent letters by the city's security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to ... ( read original story ...)

China's net gold imports via Hong Kong jumped in April from the previous month to the highest since June 2018, as demand from the world's top bullion consumer staged a strong rebound from last year's ... ( read original story ...)

Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in ... ( read original story ...)

NetEase Cloud Music, China's second-largest music streaming platform, could raise as much as HKD7 billion (USD901.9 million) from its initial public offering in Hong Kong, according to a media report. ( read original story ...)

Europe’s second-largest bank by assets said on Wednesday it would sell most of its branches on the U.S. east and west coast to Citizens Bank and Cathay ... ( read original story ...)

JD Logistics, the delivery arm of Chinese e-commerce giant JD.Com, seeks to raise as much as HKD27.74 billion (USD3.6 billion) from its Hong Kong initial public offering tomorrow. The headline figure ... ( read original story ...)

The Hong Kong government has taken further steps in cracking down on on media tycoon and staunch Beijing critic Jimmy Lai.According to a Reuters exclusive on Thursday, it's warned HSBC and Citibank to ... ( read original story ...)

The Apple Daily owner has emerged as one of the highest profile targets of the territory's new national security law ... ( read original story ...)

The Hong Kong stock market has finished higher in two straight sessions, climbing more than 750 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 29,160-point plateau ... ( read original story ...)

In just three years, Hong Kong has grown into the world's second-largest listing venue for biotechnology pioneers, attracting Chinese and international companies, international investors, and a broad ... ( read original story ...)