Tag: finance

Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)

Technology firms, particularly finance-focused ones in China, are used to operating at the cutting edge of regulation. But overconfidence is always a risk, as Chinese fintech champion Ant ... ( read original story ...)

Billionaire Jack Ma’s Ant Group is said to be seeking a valuation of about $250 billion as it plans a dual listing in Hong Kong and Shanghai, which could raise at least $35 billion. The ... ( read original story ...)

Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$10.9 billion ($1.41 billion) on Tuesday in interventions in Hong Kong and U.S. trading hours. That brings its total so far this year to HK$230.6 billion, ... ( read original story ...)

Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)

As Hong Kong tries to reboot its economy amid the coronavirus pandemic, can the Greater Bay Area provide opportunities that are ripe for the taking? In the final of a three-part series ahead of the ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$4.6 billion ($593.55 million) into the market in New York trading hours on Tuesday after the local currency hit the strong end of its trading band, according ... ( read original story ...)

Launch comes at a time when Hong Kong banks are ramping their digital mutual fund distribution channels #hongkong #hsbc #investment ... ( read original story ...)

While some analysts fear Hong Kong could be marginalised by new emphasis on neighbour, others believe the two can complement each other. ( read original story ...)

China's securities regulator is probing a potential conflict of interest in fintech giant Ant Group's planned $35 billion stock listing, delaying approval for what could be the world's largest IPO, ... ( read original story ...)

China’s crackdown on Hong Kong and new limits on overseas workers in Singapore could help Japan raise its profile as a global financial hub, despite its higher taxes, according to Japan’s new vice ... ( read original story ...)

HSBC Holdings Plc was left off the list of banks arranging China’s sovereign dollar debt sale for the first time since the nation returned with big annual deals in 2017. ( read original story ...)

Most of the group’s profits come from its Hong Kong operations, so management may be forced to put Chinese interests ahead of other markets. HSBC is obviously going through a difficult period. ( read original story ...)