Tag: banking

Hong Kong shares settled higher on Tuesday for a fifth straight session, led by telecom stocks after the New York Stock Exchange said it would not delist three Chinese telecom firms targeted by the ... ( read original story ...)

BMO Financial Group announced it has entered into an agreement to sell its Private Banking business in Hong Kong ... ( read original story ...)

Recession-hit Hong Kong is facing a long and bumpy road to recovery after closing out yet another tumultuous year in 2020. ( read original story ...)

Having “piles of cash” around the house is not usually an admission a political leader is willing to make. But Hong Kong’s chief executive Carrie Lam revealed late last year that her salary was now ... ( read original story ...)

Mainland investors were very active in Hong Kong stocks today, buying $1.74 billion worth of Hong Kong stocks as Southbound Connect trading accounted for 15.6% of Hong Kong turnover. ( read original story ...)

The article Pacific Century and Thiel Capital's second SPAC Bridgetown 2 Holdings files for a $200 million IPO originally appeared on IPO investment manager Renaissance Capital's web site ... ( read original story ...)

Independent director Irene Lee to replace Raymond Ch’ien as chairman following Hang Seng Bank’s annual meeting in the second quarter. ( read original story ...)

The New York Stock Exchange will delist China Mobile, China Telecom and China Unicom - all top 20 telecoms globally - by January 11. ( read original story ...)

The success of Nongfu’s IPO turned its founder into China’s richest individual, while the chairwoman of Blue Moon became one of the mainland’s richest women. ( read original story ...)

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) shares were down 2.6% on Friday . The company traded as low as $60.13 and last traded at $60.13. Approximately 1,218 shares changed hands during ... ( read original story ...)

US sanctions have no legal effect on the Chinese mainland and in Hong Kong, the China Banking and Insurance Regulatory Commission (CBIRC) addressed in its statement on Thursday, stressing that ... ( read original story ...)

Hong Kong customs officials seized HK$4.6 billion (US$593.3 million) in dirty money in 2020 – a four-year high – as transnational rackets turned to novel methods for smuggling cash into the city and ... ( read original story ...)

The government must invest in projects employing local labour, to turn around public sentiment. Hong Kong can’t afford to wait for the free market to act, or for tourists to return. Other priorities ... ( read original story ...)

Hong Kong is entering a "long dark age" with further crackdowns over the coming months, a leading pro-democracy activist living in political exile in the UK has said. Ted Hui, a former lawmaker in ... ( read original story ...)