Tag: banking

A Hong Kong dog shelter is close to financial collapse as the coronavirus pandemic continues to take its toll. The Sai Kung Stray Friends Foundation (SKSFF), in Tai Lam Wu village in Hong Kong’s ... ( read original story ...)

HSBC has been criticised for freezing assets of pro-democracy activists in Hong Kong under order of local police. (Getty Images) A group of British parliamentarians have called for major British ... ( read original story ...)

Fans of Hong Kong-owned English Championship side Birmingham City are looking for answers concerning their decision to sell the club’s St Andrews stadium to a third party. Last week Blues owners ... ( read original story ...)

A former chief of Hong Kong's de facto central bank has noted an improvement in the United States' attitude towards Hong Kong under the new Biden administration and expressed confidence the country ... ( read original story ...)

Police were called to the Whampoa Garden flat at 8.39am by the man’s younger son; he and his brother both sustained multiple injuries but survivedThe suspect, who also killed the family dog, was ... ( read original story ...)

Chinese fintech company Bairong Inc., which raised $507 million, delivered the worst debut in three years among $500-million-plus Hong Kong IPOs when it fell 16% on Wednesday. U.S.-listed Chinese ... ( read original story ...)

In its latest move, the co-working company exited its 90,000-square-foot office in Hong Kong, according to the South China Morning Post. That amounts to a 20 percent reduction in the territory ... ( read original story ...)

The company, whose business spans Southeast Asia, Japan and Hong Kong, is seeking to raise about $3 billion through an IPO in the U.S. as soon as the third quarter, the people said. A deal could value ... ( read original story ...)

Hong Kong Monetary Authority confirms launch of system for cross-currency securities transactons with Bank of Japan Financial Network System. ( read original story ...)

Gang opened shell companies and issued bogus employment letters and income certificates to stooges to apply for more than 200 personal credit cards, police say. ( read original story ...)

China will expand cross-border use of its sovereign digital yuan “when the time is ripe”, with technical testing already under way with Hong Kong, the country’s ... head of the People’s Bank of China ... ( read original story ...)

that include SPACs. The financial chief wants to use them to enhance the city’s competitiveness as a fundraising hub while safeguarding small investors. The city is reviewing its options after several ... ( read original story ...)

The trading halts come as the Securities and Futures Commission said in February that it would enhance collaboration with the Financial Reporting Council, which oversees audit activities in Hong Kong, ... ( read original story ...)

Pork processor WH Group and BOC Hong Kong Holdings led the index losers, each falling by at least 4.6 per cent. The CSI 300 Index of biggest stocks in Shanghai and Shenzhen slipped 0.9 per cent. The ... ( read original story ...)