Tag: banking

The operator of Hong Kong's main airport is aiming to raise as much as $1.5 billion via bond issuance to help fund the construction of a third runway, two sources with direct knowledge of the matter ... ( read original story ...)

The Hong Kong stock market turned emphatically lower again on Tuesday, one session after halting the two-day losing streak in which it had dropped more than 510 points or 1.7 percent. The Hang Seng ... ( read original story ...)

Hong Kong’s stock rally is so dependent on mainland capital that the mere suggestion the record inflows will slow has the potential to stir panic in the city’s $7.1 trillion market. ( read original story ...)

A chill swept through Chinese financial markets after the central bank withdrew cash from the banking system and an official warned about asset bubbles. ( read original story ...)

China stocks fell sharply on Thursday as persistent tight cash conditions in the interbank money market stoked fears that policymakers may be starting to shift to a tighter stance to cool gains in ... ( read original story ...)

Hong Kong may lead China's financial integration efforts with major world economies and promote digital yuan adoption. ( read original story ...)

Fund managers and bankers leaving Hong Kong for alternative financial centres have been asked to explain their decision to a range of government agencies amid ... ( read original story ...)

HSBC’s chief executive has defended the British bank’s actions in Hong Kong, including supporting a controversial national security law and freezing the accounts of activists, as UK politicians ... ( read original story ...)

Bank’s chief executive, Noel Quinn, claims business not in position to question police requests ... ( read original story ...)

U.K. lawmakers accused HSBC CEO Noel Quinn of appeasing China and ignoring the erosion of democracy and rule of law in Hong Kong, where the bank was founded more than 150 years ago. ( read original story ...)

The proposal underscores the continuous search for the next paradigm shift in China’s capital markets, three decades after the Shanghai and Shenzhen exchanges became synonymous with the nation’s ... ( read original story ...)

Asian equities were largely higher with Hong Kong growth stocks on high volumes twice the 1-year average and Korea outperforming to the upside. Tencent gained +10.93% as investors realized that ... ( read original story ...)

The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. ( read original story ...)

Kuaishou Technology, the operator of China’s most popular video service after ByteDance Ltd.’s Douyin, is seeking to raise as much as $5.4 billion in the world’s biggest internet initial public ... ( read original story ...)