Tag: banking

New World Development, one of Hong Kong’s largest developers, in October moved several steps of its sales process online: registration and balloting, viewing, contract drafting and mortgage ... ( read original story ...)

HSBC, Chief Executive Noel Quinn has the right idea, but he’s going about it too slowly. In 2021, a lagging share price may force him to turbocharge his pivot towards the more lucrative Asian business ... ( read original story ...)

The Hang Seng gained +0.96% led by growth stocks. There is chatter that Ant Group will form a financial holding company similar to banks. This may provide a solution to regulators’ concerns, as the ... ( read original story ...)

Hong Kong’s churches fear they are being swept up in the ongoing crackdown on the city’s freedoms by the Chinese Communist Party. Their concern has been heightened by the plight of Pastor Roy Chan, 39 ... ( read original story ...)

This morning, the Hong Kong stocks of Xiaomi Group opened higher by more than 3%, and the total market value once again exceeded HK$800 billion ... ( read original story ...)

HK daily quota used 3.8% * FTSE China A50 -0.4% BEIJING/SHANGHAI, Dec 29 (Reuters) - Hong Kong shares ended higher on Tuesday, as gains in shares of Alibaba Group Holding Ltd led a rebound in tech ... ( read original story ...)

In a surprisingly strong year for initial public offerings globally, Japan’s 2020 market debutantes enjoyed their best opening share performances since the dot-com bubble era, helped by a groundswell ... ( read original story ...)

Private home prices in Hong Kong eased 0.2% in November from the previous month, official data showed on Tuesday, as the pandemic and high unemployment rate continued to subdue one of the world's most ... ( read original story ...)

Pacific stock indexes finished mixed but mostly higher on Monday with Hong Kong’s Hang Seng being dragged down by another plunge in shares of Alibaba. The markets were underpinned by a bullish tone on ... ( read original story ...)

Jack Ma’s beseiged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, ... ( read original story ...)

The Hong Kong stock market on Monday ended the two-day winning streak in which it had advanced more than 260 points or 1 percent. The Hang Seng Index now rests just beneath the 26,315-point plateau ... ( read original story ...)

The Hong Kong stock exchange is finding the search for a new leader difficult. Outgoing Chief Executive Charles Li announced his intention to leave more than a year before his contract ended amid ... ( read original story ...)

In a Hong Kong transformed by China’s crackdown on everything from political dissent, to the media and judiciary, picking a new top boss for the financial hub’s stock exchange is proving difficult. ( read original story ...)

There is huge demand from domestic and institutional investors in the new economy sector looking for initial public listings, says William Ma of Noah Holdings (Hong Kong). ( read original story ...)