Tag: finance

Ant, backed by e-commerce giant Alibaba Group , plans to seek listing approval from Hong Kong's stock exchange on Monday and the China Securities Regulatory Commission will approve Ant's ... ( read original story ...)

Hong Kong regulators have yet to publicly issue official guidelines on how financial institutions should implement the national security law. But the document posted by the HKMA said reporting ... ( read original story ...)

Ant Group is now expected to launch its much anticipated initial public offering in early November after the Alibaba payments affiliate won approval to list in Hong Kong. The Chinese Securities ... ( read original story ...)

Hong Kong stocks closed higher on Monday, aided by heavyweight financial and utilities firms, but China’s weaker-than-expected GDP data kept gains in check. ** At the close of trade, the Hang Seng ... ( read original story ...)

ANTG.HK] has received approval from China's securities regulator for the Hong Kong leg of its roughly $35 billion dual listing, two people with knowledge of the matter told Reuters on Monday. The Chin ... ( read original story ...)

The Hong Kong stock market bounced higher again on Friday, one day after it had ended the two-day winning streak in which it had jumped more than 550 points or 2.3 percent. The Hang Seng Index now ... ( read original story ...)

I can see the advantages of going branchless. Especially when nobody, including the staff, wants to sit in an enclosed space for hours during Covid-19. But if the digital bank saves money on customer ... ( read original story ...)

The countdown has begun on whether banks will be ensnared in the Trump administration’s sanctions on Chinese and Hong Kong officials, singled out for contributing to a clampdown on political freedoms ... ( read original story ...)

Finance secretary, former city leader among those urging residents to seek ways to maintain edge in wake of last week’s speech by President Xi Jinping. ( read original story ...)

The bank risks getting caught between these two superpowers as it relies on its Hong Kong business for the majority of underlying profit. Moreover, without a US presence, HSBC could lose the ... ( read original story ...)

Companies that have currency swaps with banks face a tough call on which interest rate benchmark to use as Libor is phased out by end-2021. ( read original story ...)

Hong Kong stockbrokers are so confident Ant Group’s blockbuster IPO will go smoothly that they’re offering to let mom-and-pop investors buy the stock with as much as 20 times leverage. ( read original story ...)

A window is closing for Chinese financial-technology giant Ant Group to pull off a record-breaking initial public offering ahead of the U.S. presidential election, as regulators in mainland China and ... ( read original story ...)

The new ETF is tracking MSCI China A ESG Universal Index, and offering exposure to China A-shares with a robust ESG profile ... ( read original story ...)