Hang Seng Bank (OTCMKTS:HSNGY) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Wednesday, ValuEngine reports. HSNGY has been the ... ( read original story ...)
World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin
China Construction Bank (CCB) has tapped Hong Kong-based digital asset exchange Fusang for the issuance of $3 billion-worth of debt securities over a blockchain. According to a Wednesday report by the ... ( read original story ...)
China Construction Bank sells US$3 billion worth of debt on blockchain
China Construction Bank has partnered with Hong Kong-based fintech company Fusang to launch the sale of US$3 billion worth of debt on a blockchain, the first digital security issued by a Chinese bank ... ( read original story ...)
Hong Kong shares slip, tech index falls most in nearly 12 years on regulatory woes
Hong Kong-listed tech giants fell after China published ... The biggest loser on the Hang Seng was Alibaba, which fell 9.8%. ** Hang Seng’s financial sector ended 1.61% higher, the property ... ( read original story ...)
Hong Kong ousts 4 pro-democracy lawmakers as China cements control
The decreasingly autonomous city's leaders quickly seized upon new powers granted by Beijing to sack lawmakers deemed a security threat. ( read original story ...)
Critical Survey: BOC Hong Kong (BHKLY) vs. Its Rivals
BOC Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its peers? We will compare BOC Hong Kong ... ( read original story ...)
China’s banking regulator urges enhanced anti-monopoly scrutiny in financial sector
The remarks by Liang Tao, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC ... focused on e-commerce sites and payment services at the likes of Alibaba Group 9988.HK. They ... ( read original story ...)
Milbank Lands Magic Circle Hong Kong Trio in Major Asia Push
Clifford Chance's Andrew Whan and Neeraj Budhwani and Linklaters' Davide Mencacci are the latest to move to a U.S. firm. ( read original story ...)
Bridgewater’s Dalio supports Ant IPO suspension, bullish on China
Ray Dalio, founder of Bridgewater Associates, expressed support on Wednesday for China's abrupt decision to suspend Ant Group's record $37 billion listing, citing the need to curb risks from financial ... ( read original story ...)
Hong Kong stock exchange operator Q3 profit jumps 52% on trading revenue, listings boost
Hong Kong's stock exchange operator posted a 52% rise in third-quarter net profit on Wednesday, lifted by higher trading revenue and listing fees. HONG KONG, Nov 11 (Reuters) - Hong Kong's stock ... ( read original story ...)
Hong Kong disqualifies four legislators for ‘endangering security’
Hong Kong disqualified four opposition members of its legislature on Wednesday shortly after the Chinese parliament adopted a resolution allowing the city’s executive to expel legislators without ... ( read original story ...)
Ping An: China’s SMEs Need Financial and Technological Boost for Digital Transformation
HONG KONG andSHANGHAI, /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 02318; SSE: 601318) announced that the latest report from the ... ( read original story ...)
Ant Group’s IPO identity crisis: Is it a bank or a tech company?
You’d be excused for having missed major Chinese tech news that broke last week on U.S. Election Day: Ant Group, two days before what would have been the biggest IPO in history, had its Shanghai ... ( read original story ...)
Hong Kong’s Random Art Workshop Hits Milestone, Films New ‘Agent’ Installment
To independent filmmaker Derek Ting, Hong Kong is the place that made his dream come true. It is the city where he and partner Joyce Yung began a decade-long ride in filmmaking and production with ... ( read original story ...)