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Tag: finance

Posted on 15/11/2020

Legal, business leaders say there’s a pot of gold waiting in Guangdong, but Hong Kong lawyers are reluctant to grab it

Local lawyers are concerned about their lack of familiarity with the mainland legal ecosystem, but some sector leaders are encouraging them to step out of their comfort zone. ( read original story ...)

Posted on 15/11/2020

Ministers must take banks to task over Hong Kong, warns Labour

Dominic Raab has been urged to take the bosses of HSBC and Standard Chartered to task as concerns over the banks’ support for a controversial law in Hong Kong deepens. Lisa Nand ... ( read original story ...)

Posted on 14/11/2020

OPINION – The rise of virtual banking in Hong Kong: Will Macau come next?

After each major crisis, Hong Kong has always emerged stronger, and this time it will be no different, since Hong Kong is ready to grasp any opportunity that promises to secure its regional financial ... ( read original story ...)

Posted on 14/11/2020

What does the future hold for Asia Society Hong Kong, under pressure from zero venue rental revenue and local political divides?

With zero revenue from venue rental and local political divides, Asia Society Hong Kong finds itself in unknown territory as it reaches its 30th anniversary. ( read original story ...)

Posted on 13/11/2020

China’s Xi Jinping personally halted Ant’s record-breaking $37 billion IPO after boss Jack Ma snubbed government leaders, report says

A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with the president or government officials. ( read original story ...)

Posted on 13/11/2020

Hong Kong protests: freelance photographer cleared of charges after being accused of enabling assault on mainland Chinese bank worker

Magistrate Stephanie Tsui says there is no evidence Marc Gerard Progin was in contact with anyone in the crowd or attacked the victim. ( read original story ...)

Posted on 13/11/2020

Ant’s record-breaking $37 billion IPO was personally halted by China’s Xi Jinping after boss Jack Ma snubbed government leaders, report says

A week before Ant was set to go public, Ma made incendiary comments that didn't go down well with the president or government officials. ( read original story ...)

Posted on 13/11/2020

Hong Kong Has $6 Billion of IPOs on the Way Before Year End

Investors mourning Ant Group Co.’s suspended mega-listing can take consolation in the otherwise rude health of Hong Kong’s initial public offerings. ( read original story ...)

Posted on 13/11/2020

China, Hong Kong stocks fall on U.S. ban, bond defaults

China and Hong Kong stocks fell on Friday following the Trump administration’s decision to ban U.S. investments in firms linked to the Chinese military, with sentiment also hurt by more bond defaults. ( read original story ...)

Posted on 13/11/2020

Hong Kong Stock Market May Slip Beneath Support At 26,000 Points

The Hong Kong stock market has tracked lower in consecutive trading days, sliding more than 130 points or 0.5 percent along the way. The Hang Seng Index now rests just above the 26,300-point plateau ... ( read original story ...)

Posted on 13/11/2020

HSBC Taps Biz2X Platform To Accelerate SMB Credit Approvals

To simplify banking for SMBs in the United States, HSBC is rolling out a new service with Biz2Credit to accelerate the approval of credit applications for SMBs. ( read original story ...)

Posted on 13/11/2020

Ant Group’s Failed IPO Is A China Problem, Not A Fintech Problem

Jack Ma, one of China’s richest men, and a philanthropist that pals around with the likes of Bill Gates and Warren Buffet, kind of got his hat handed to him recently when his Ant Group got banned from ... ( read original story ...)

Posted on 13/11/2020

Behind Ant Group’s Failed IPO. A Sign Of More To Come?

Watch Washington's moves on China securities. The financial part of the trade war might not end under a President Biden. ( read original story ...)

Posted on 12/11/2020

Alibaba, Tencent, Meituan jump, defying Hang Seng slump as market ignores Covid-19 vaccine developments

Hong Kong stocks slipped as concerns over rising coronavirus cases globally tempered optimism surrounding the development of additional coronavirus vaccines. Technology giants, however, bucked the ... ( read original story ...)

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