Tag: banking

HONG KONG (AP) - Chinese telecommunications equipment firm Huawei said Monday that it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou ... ( read original story ...)

Keymed Biosciences has started laying the groundwork for a planned Hong Kong IPO by filing its initial listing documents with the city’s exchange. ( read original story ...)

HSBC said in a separate statement that it had agreed to “resolve the legal proceedings in Hong Kong regarding their request for documents.” Load Error Meng, the eldest daughter of Huawei’s billionaire ... ( read original story ...)

Hong Kong’s CLP Holdings Ltd. is looking offshore to help meet a growing need for renewable energy, as limited land supply in the city poses a challenge to building clean-power capacity.CLP, one of ... ( read original story ...)

Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party ... ( read original story ...)

"It's time for a clean-up." DaoCloud, a Shanghai-based cloud computing start-up, had planned a STAR IPO this year, but is now considering a Hong Kong listing instead, deterred by the likelihood of ... ( read original story ...)

HONG KONG: China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two ... ( read original story ...)

The People’s Bank of China has rolled out trial issuance of a digital yuan ... for International Settlements along with the United Arab Emirates, Thailand and Hong Kong’s monetary authority. The Biden ... ( read original story ...)

Hong Kong's IPO market will continue to benefit from the return of Chinese companies to their home market. Mainland China has two major stock exchanges - in Shanghai and Shenzhen - but they will not ... ( read original story ...)

Ping An OneConnect Bank (PAOB) recently revealed that it has teamed up with JETCO in order to provide cardless ATM withdrawal services. PAOB clients will now have the option to make cash withdrawals ... ( read original story ...)

Shenzhen’s economy has grown bigger than Hong Kong’s, and it is now home to several of China’s largest companies such as the US$700 billion games publisher Tencent Holdings, the 5G telecommunications ... ( read original story ...)

Didi Chuxing is also considering dual listing in Hong Kong, according to the Bloomberg report. Didi Chuxing reportedly is raising $1.5 billion in debt financing ahead of its planned IPO, Bloomberg ... ( read original story ...)

Rail giant MTR Corporation and HK Electric both said they planned to recruit slightly more graduates this year than last, while HSBC, accounting firm Ernst and Young, power company CLP and the Hong ... ( read original story ...)

A few weeks ago, however, the Foundation took Hong Kong (and Macau) off its list completely. The move amplified the sense that the territory’s status as a global financial hub is now in real ... ( read original story ...)