Tag: finance

HSBC’s shares rose as much as 8.5 per cent in the morning session in Hong Kong, its biggest intraday increase since 2009, after Ping An increased its stake in the lender to 8 per cent last week. ( read original story ...)

The CEO of Standard Chartered-backed Mox Bank, Deniz Güven, talks about the virtual bank's strategy of bringing new additions to Standard Chartered's existing customer base. He also discusses how the ... ( read original story ...)

HSBC Holdings Plc rose the most in Hong Kong trading since 2009, recovering from a 25-year low, as its biggest shareholder raised its stake in a bet the embattled lender will return to paying ... ( read original story ...)

Ant Bank (Hong Kong), the virtual banking arm of Ant Group, on Monday became the sixth branchless lender to start operations in the city and said that it would partner with AlipayHK to tap its two ... ( read original story ...)

The Hong Kong stock market has finished lower in two straight sessions, plunging more than 500 points or 2.1 percent along the way. The Hang Seng Index now rests just above the 23,235-point plateau ... ( read original story ...)

Mergers and acquisitions have more than doubled so far this quarter from the preceding three months, while concerns surrounding US-China economic decoupling could drive even more deals in the final ... ( read original story ...)

As city records six new Covid-19 cases on Sunday, Paul Chan urges adaptation to a landscape plagued by closed borders and geopolitical challenges. ( read original story ...)

Ping An Insurance (Group) has lifted its stake in HSBC through an open-market purchase in Hong Kong, according to exchange filings, just as the stock traded at the lowest in more than two decades. ( read original story ...)

Investors have shown rabid enthusiasm for new stocks this September. That's forced some strategists to wonder: Is this a repeat of the frenzy that led up to the dot-com crash at the turn of the ... ( read original story ...)

FinCEN Files probe reveals Europe’s biggest bank aided massive Ponzi scheme while on probation over ties to drug kingpins. ( read original story ...)

Ping An Insurance Group Co (2318.HK) has increased its stake in Britain’s HSBC Holdings Plc (HSBA.L), making the Chinese insurer the company’s biggest shareholder with a 8% share. A unit of the ... ( read original story ...)

Baozun Inc., the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced the launch of its Hong Kong public offering, which forms part ... ( read original story ...)

Bloomberg sources say Ant Group hopes to raise $17.5B in the Hong Kong arm of its dual IPO listings and won't court cornerstone investors, who might be invited to participate in the more volatile ... ( read original story ...)

Ping An Insurance Group Co of China Ltd , the biggest shareholder in HSBC Holdings Plc , has bought additional shares in the British bank to take its stake to 8% ... ( read original story ...)