Tag: banking

HSBC Holdings Plc’s Chief Executive Officer Noel Quinn is set to appear before the U.K. Parliament Foreign Affairs Committee to answer questions over the lender’s moves to freeze accounts of activists ... ( read original story ...)

Chinese video-clip and live-streaming group Kuaishou Technology is seeking to raise up to $5.4 billion from an initial public offering, joining a string of tech companies from China that have listed ... ( read original story ...)

Chinese short video startup Kuaishou is said to be targeting $5.4 billion in a Hong Kong share sale. It’s said to be one of the biggest internet IPOs since Uber. Bloomberg’s Julia Fioretti reports on ... ( read original story ...)

Foreign Affairs Committee is expected to question bank CEO Noel Quinn and chief compliance officer Colin Bell over the matter on Tuesday. ( read original story ...)

Bank of America estimates outflows could reach $36 billion this year as anxious Hong Kong residents reassess their options ... ( read original story ...)

China's Kuaishou, the country's number two short-form video platform, is set to hit the public markets in the next week or two. Although Kuaishou is China's second-place platform behind Douyin, which ... ( read original story ...)

Self-exiled former Hong Kong opposition lawmaker Ted Hui Chi-fung said he had given evidence related to the freezing of his HSBC accounts to the British parliament, ahead of a meeting on Tuesday to ... ( read original story ...)

Paul Chan says the government has been supporting the use of new technology – such as touchless lift panels – to fight the pandemic. ( read original story ...)

Two HSBC executives are set to face questions from MPs next week over the bank’s stance on Hong Kong, amid mounting pressure to reverse a decision to freeze the accounts of pro-democracy activists in ... ( read original story ...)

Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in ... ( read original story ...)

Foreign affairs committee move to call Noel Quinn comes days after pro-democracy politician Ted Hui urged MPs to investigate the bank ... ( read original story ...)

Chinese companies seeking billions of dollars from initial public offerings in New York and Hong Kong are raising their fundraising targets amid uncertainty about whether U.S. President Joe Biden will ... ( read original story ...)

Kuaishou, the mainland Chinese firm that operates the world’s second most watched short video app, has received approval for its planned public share offering. It is expected to raise $5 billion ... ( read original story ...)

Heavy foreign flows into Hong Kong's stock market drove borrowing costs to multi-year lows this week, prompting investors to suspect there won't be any need for the customary official liquidity ... ( read original story ...)