Hospitals find it harder to get supplies as collection drops at Blood Transfusion Service amid Covid-19 pandemic. ( read original story ...)
Carlyle-Backed Adicon Picks Banks for Hong Kong IPO
Adicon Clinical Laboratories Ltd., a Chinese lab operator backed by Carlyle Group Inc., has picked banks for its Hong Kong initial public offering, according to people familiar with the matter.The ... ( read original story ...)
Jack Ma’s Ant Group Produces $3.5 Billion Profit in Six Months as IPO Looms
The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up ... ( read original story ...)
Jack Ma’s Ant Group Posts $3.5 Billion Profit in Six Months Ahead of IPO
The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up ... ( read original story ...)
US Ends Trio of Legal, Financial Pacts with Hong Kong
The Trump administration has suspended or terminated three bilateral agreements with Hong Kong in its latest response over the new national security law imposed on the semi-autonomous city by China. ( read original story ...)
Hong Kong Digital Bank Neat Announces $4 Million Extension of $11 Million Series A Funding Round
Neat, a digital bank based in Hong Kong, announced on Wednesday a $4 million extension to its $11 million Series A investment round, which originally closed in April 2020. MassMutual Ventures, Pacific ... ( read original story ...)
Hong Kong Slams US Decision To End Tax, Extradition Deals
Hong Kong on Thursday accused America of using the city as a pawn in ties with China as it slammed a US decision to withdraw from three accords on extradition and taxation. The United States formally ... ( read original story ...)
Hong Kong banks must do more to reduce their impact on climate change, not just avoid risk
Building a resilient banking system is not the same as fostering environmental and social sustainability. For Hong Kong’s sustainable banking to live up to its name, more consideration should be given ... ( read original story ...)
Hong Kong Bourse Rides Trading, IPO Surge to Record Profit
Hong Kong Exchanges & Clearing Ltd. posted a 1% gain in profit ... “High Cash Market turnover, record Stock Connect volumes and a notable number of IPOs, including a number of sizable secondary ... ( read original story ...)
Hong Kong security law sparks race for Asia’s next financial capital
Deutsche Bank is not leaving Hong Kong. But like many businesses and banks, a year of political turmoil has put a question mark over the island's centrality as Asia's premier financial hub. ( read original story ...)
Tencent-backed online brokerage Futu looks to cash in on Hong Kong IPO boom with plans to expand margin financing
... growth in its interest income was partly helped by IPO financing due to an active IPO market in Hong Kong. "We believe that the increase in US-listed Chinese companies seeking secondary ... ( read original story ...)
Hong Kong’s police chief shifted his mortgage to Bank of China (Hong Kong) from HSBC just days ahead of US sanctions
Hong Kong’s police chief, among 11 officials sanctioned by the United States government over China’s national security law for the city, shifted his mortgage from HSBC to Bank of China (Hong Kong) ... ( read original story ...)
Hong Kong leader Carrie Lam has credit card trouble after US sanctions
Hong Kong's leader said she's having trouble using her credit cards after the US imposed sanctions targeting Chinese officials and their allies in the city.. Read more at straitstimes.com. ( read original story ...)
China’s Ant Group plans consumer finance firm in growth push ahead of IPO-sources
Ant Group, Alibaba's BABA.N fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the s ... ( read original story ...)