Tag: finance

Hong Kong will keep pegging its currency to the U.S. dollar and not impose foreign exchange controls even after the United States ... ( read original story ...)

UCloudlink (UCL) has filed to raise $50 million in an IPO of its ADSs representing underlying Class A shares, per an amended registration statement. The company provides mobile data sharing options to ... ( read original story ...)

China Youran Dairy Holding Ltd. is working with advisers to raise between $300 million and $400 million in a new funding round before its potential initial public offering, according to people ... ( read original story ...)

Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story ...)

NetEase, Inc. (NASDAQ: NTES) ("NetEase" or "the Company") today announced the launch of its Hong Kong Public Offering, which forms part of the Global Offering (the "Offering") of 171,480,000 new ordin ... ( read original story ...)

A former Singapore police officer, Derrick Tan readily admits he is not a tech-savvy guy.The Bank of Singapore's Hong Kong chief executive previously relied on a gaggle of information technology staff ... ( read original story ...)

Hong Kong's finance secretary Paul Chan added that capital will continue to flow freely in and out of Hong Kong. ( read original story ...)

The mouthpiece of China's ruling Communist Party said U.S. moves to end some trading privileges for Hong Kong "grossly interfere" in China's internal affairs and are "doomed to fail." ... ( read original story ...)

Bankers and investors fear China's push to impose national security laws on Hong Kong threaten the city's future as an international financial centre. If it gets to that stage, Beijing's move will ... ( read original story ...)

President Donald Trump has discussed targeting China’s financial sector through sanctions and trade policy in retaliation for Beijing’s moves to curb Hong Kong’s autonomy, according to people familiar ... ( read original story ...)

China should allow arbitrage trading of shares in companies that are listed on both mainland stock markets and in Hong Kong, a research paper published by the People's Bank of China (PBOC) said on ... ( read original story ...)

Former Hong Kong leader Leung Chun-ying on Friday called out banking group HSBC Holdings plc for not making its "stance" clear on China's imposition of a new security law on the city, after the United ... ( read original story ...)

Stability in financial markets would reinforce the message being promoted by officials and tycoons alike: that tougher laws on dissent will bring calm to a city wracked by violent protests. The city’s ... ( read original story ...)

Hong Kong’s former Chief Executive Leung Chun-ying lambasted HSBC Holdings Plc over not publicly voicing its support for China’s plan to enact national security legislation in the city. ( read original story ...)