Tag: banking

An executive at one international investment bank in the city said the firm would have to consider shifting some of its traders to other financial hubs if Hong Kong’s current quarantine policies stay ... ( read original story ...)

Hong Kong will never again be the city that many citizens and foreigners remember from not so long ago. Beijing is tightening its control and nothing is likely to bring back the old days. ( read original story ...)

Zhihu Inc. has set terms of its initial public offering in the U.S., as the Hong Kong-based Q&A-inspired online content community looks to raise up to $632.5 million. The company is offering 55 ... ( read original story ...)

CTF’s latest financial statements for the six months ended 30 September ... same-store sales remained flat, though Hong Kong and Macau saw this ratio plunge by 65.7%. Despite this, core operating ... ( read original story ...)

HONG KONG (Reuters) - China Merchants Bank Co Ltd said on Friday its wealth management unit is expected to receive investment of 2.7 billion yuan ($414.80 million) from JPMorgan Asset Management ... ( read original story ...)

Bank Indonesia kept the seven-day reverse repurchase ... chief Asean economist at HSBC Holdings Plc in Hong Kong. “BI will have to walk a fine line in coming months if global yields continue ... ( read original story ...)

Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in its last funding round, Bloomberg said. ( read original story ...)

The fate of Hong Kong’s most popular fund will be a critical bellwether for the city’s ability to keep its status as a global financial hub. ( read original story ...)

Failing to keep pace with the changes ushered in by open banking, coupled with generational shifts in consumer expectations is an existential threat to big banks still powered by legacy technology. ( read original story ...)

Based on a common 15% float for mega IPOs in Hong Kong, one potential venue, Didi could raise roughly $9 billion in what would be one of the largest tech debuts globally in 2021. The company hasn’t ... ( read original story ...)

Hong Kong moved up one place to fourth in the 29th edition of Global Financial Centers Index (GFCI 29) published by the British think ... ( read original story ...)

An executive at one international investment bank in the city said the firm would have to consider shifting some of its traders to other financial hubs if Hong Kong’s current quarantine policies stay ... ( read original story ...)

China and Hong Kong stocks rose on Thursday, in line with broader gains in other Asian markets, after the U.S. Federal Reserve pledged to maintain accommodative monetary policy and projected a rapid ... ( read original story ...)

Hong Kong’s Hang Seng Index advanced 1.5% on Tuesday morning; Shares of tech and consumer names had plunged last week, weighing on the index; A fund manager foresees the index t ... ( read original story ...)