Tag: finance

As they grow their business in Hong Kong, virtual banks also need to ensure that their backend processes such as anti-money laundering and know your customer checks are robust. ( read original story ...)

Ant Group and its advisers are getting creative as they attempt to score the world's largest initial public offering amid a coronavirus pandemic as well as a first-of-its-kind simultaneous listing in ... ( read original story ...)

Dozens of democracy supporters were arrested in Hong Kong Thursday for defying a protest ban as the city marked China's National Day and its leader hailed Beijing's new security law for restoring ... ( read original story ...)

Hong Kong has seen a shift in the economic landscape over the past few months to a year. With radical innovation, growing competition and continually changing regulations the disruption faced by Hong ... ( read original story ...)

Between COVID-19 and the new national security law, foreign investors may be losing their taste for the Hong Kong market. ( read original story ...)

Ahead of what's likely to be the world's largest initial public offering, China's Ant Group Co Ltd is asking lead bankers to personally sign confidentiality pacts and pressing some investors to ... ( read original story ...)

The amount raised by European companies listing on the stock market fell by a third in the first nine months of the year, in contrast with Asia and the United States where an abundance of technology ... ( read original story ...)

The unprecedented outage that scrapped trading on the Tokyo Stock Exchange for the entire day Thursday is the last thing local authorities need at a time when Japan is seeking to reinvent the capital ... ( read original story ...)

Competition between traditional lenders and a new breed of branchless banks is heating up in Hong Kong as four new players join an overcrowded market in just two weeks.Ping An OneConnect Bank ... ( read original story ...)

Chindata Group Holdings Ltd.climbed 20% in its trading debut after raising $540 million in a U.S. initial public offering priced at the top of a marketed range. ( read original story ...)

Chief Executive Carrie Lam hails central government for always being city’s ‘strong supporter’, as she highlights how mainland successfully overcame impact of coronavirus. ( read original story ...)

Hong Kong shares ended higher on Wednesday as sharp gains in China Evergrande Group boosted property stocks, after the developer secured investments to ease some of its liquidity crunch worries. ** At ... ( read original story ...)

HKMA forced to intervene to weaken currency 15 times in September as hot money chases hot Chinese IPOs, secondary listings in the city. ( read original story ...)

Chindata Group Holdings Ltd. has raised $540 million in its U.S. initial public offering after pricing at the top of a marketed range, according to people familiar with the matter. ( read original story ...)