Tag: banking

Hong Kong stocks ended higher on Tuesday, underpinned by consumer and industrial firms, as mainland investors continued to pour money into the Asian financial hub. ** The Hang Seng index rose 1.2%, to ... ( read original story ...)

WRLDCTY Festival highlight city’s best practices during ongoing pandemic and also predict trends such as greater focus on sustainable finance ... ( read original story ...)

China and Hong Kong stocks climbed on Tuesday, helped by easing concerns about tight liquidity conditions and falling cases of new coronavirus infections. ** The CSI300 index rose 1.1% to 5,477.39 ... ( read original story ...)

The Hong Kong stock market on Monday wrote a finish to the four-day slide in which it had plummeted more than 1,850 points or 6.2 percent. The Hang Seng Index now rests just beneath the 28,900-point ... ( read original story ...)

China Strategic Holdings Ltd. said on Tuesday it has submitted an offer and is among the final bidders for the life insurance business of Hong Kong's Bank of East Asia (BEA). ( read original story ...)

HKMA fears use of the Exchange Fund to help combat economic crisis will hurt its ability to defend the peg, but it will work with banks to offer help to firms and individuals, CEO Eddie Yue says. ( read original story ...)

Institutional investors are buying Kuaishou Technology’s Hong Kong shares before its Friday debut at a premium to the listing price. ( read original story ...)

Mainland-based healthcare sector issuers SciClone Phamaceuticals (Holdings), New Horizon Health and Joinn Laboratories (China) kicked off pre-deal investor education for their Hong Kong IPOs on Monday ... ( read original story ...)

A Hong Kong judge found JPMorgan's former vice chairman of Asia investment banking, Catherine Leung, not guilty on Monday, following her trial held late last year. ( read original story ...)

Paul Chan also reiterates the need to maintain the Hong Kong-US dollar peg, which he said had provided a good social and business environment. ( read original story ...)

Private equity firm TPG is selling more than 10% of its clinical research and testing provider Novotech Pty Ltd to a group of investors. ( read original story ...)

The carrier on Saturday acknowledged a discrepancy in the employee headcount given to the government after ex-flight attendants filed a complaint. ( read original story ...)

HSBC Holdings Plc Chief Executive Officer Noel Quinn’s defense of the bank’s move to freeze a former Hong Kong lawmaker’s account has gained support from Chinese media and the city’s government. ( read original story ...)

HSBC is "not in a position to judge the motives" of Hong Kong police, Chief Executive Noel Quinn told British lawmakers questioning him over the lender's freezing of bank accounts of pro-democracy ... ( read original story ...)