Tag: banking

(This Oct. 8 story corrects paragraph 2 to say Trump administration officials, not Trump, are considering the move) ... ( read original story ...)

Since the law was enacted, HSBC has lost 15.6 per cent of its market value while Standard Chartered suffered 12 per cent on the Hong Kong stock exchange. Both underperformed an 8.8 per cent drop in an ... ( read original story ...)

Ant Bank, the virtual banking division of Ant Group, has launched banking services in Hong Kong. The launch comes a few weeks after Ant Group filed its IPO. ( read original story ...)

Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for the U.S. government to consider options to delay an initial ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$3.1 billion ($400 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)

Marco Rubio, a top Republican senator who has successfully urged the Trump administration to pursue probes into Chinese companies, called on Friday for the U.S. government to consider options to delay ... ( read original story ...)

While the sale price was not immediately clear, surveyor suggests it could have fetched HK$160 million despite real estate market woes. ( read original story ...)

Greater transparency and competition will drive capital and talent towards companies that have the best track records, according to Singapore-based CBC Group. Its unit Everest Medicines surges 28 per ... ( read original story ...)

Five newly launched Chinese funds targeting Ant Group's upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within ... ( read original story ...)

Chinese companies are choosing to make their market debuts in the U.S., even as Beijing and Washington spar over everything from trade and coronavirus to audit access. ( read original story ...)

Five new Chinese funds targeting the giant upcoming IPO of Ant Group (NYSE:BABA) sold out in days and have cumulatively raised 60B yuan - about $8.93B - from more than 10M retail investors. ( read original story ...)

Jack Ma’s Ant Group has a narrow window to make its much-anticipated market debut ahead of U.S. election turbulence. Now its bankers must grapple with any potential delays stemming from a debate in ... ( read original story ...)

The Hong Kong stock market on Thursday snapped the four-day winning streak in which it had jumped almost 1,000 points or 4.1 percent. The Hang Seng Index now rests just beneath the 24,200-point ... ( read original story ...)

The subprime lender is said to be valued at no less than US$600 million, with Hong Kong's first virtual lender, ZA Bank, and local online fund and peer-lending firm Elephant Club among the interested ... ( read original story ...)