By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) - HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims ...
Hong Kong can act as ‘super converter’ for mainland China, Paul Chan says
Financial secretary says Hong Kong can use 'brand name' to vouch for mainland products and help them sell internationally Hong Kong can take on a new role as a "super converter" for technical ...
UOB strengthens Hong Kong’s role with new Hong Kong CEO
UOB announces plans to strengthen Hong Kong's role as a gateway between China and Asean with new Hong Kong CEO ...
Alipay+ partners with Hong Kong’s Hang Seng Bank for cross-border QR code payments
The digital wallet gateway has added Hang Seng Bank to its cross-border payments network, which amounts to over 50 global financial institutions. Hang Seng mobile app users can now make QR code ...
Hong Kong insurers ride affluent demand to record sales as longevity and legacy needs grow
Mainland China and overseas wealth, alongside family offices, is driving insurance demand in the city to new highs.
SVB UK – now HSBC Innovation Banking – launches in Hong Kong
HSBC announced today it has officially launched HSBC Innovation Banking in Hong Kong, delivering a globally connected and specialised proposition for venture-backed businesses and their investors.
UOB targets fivefold growth in Hong Kong private bank AUM by 2030
It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows between China and Asean Read more at The Business Times.
HSBC summit turns future trends into wealth strategies
Premier Elite customers gain access to wealth solutions spanning unit trusts, structured products, bonds, securities, ETFs, and margin trading ...
Malaysia, Hong Kong securities regulators agree to ease dual IPO listings, strengthen collaboration
KUALA LUMPUR, July 23 (Reuters) - Malaysian and Hong Kong securities regulators signed a memorandum of understanding on Thursday aimed at facilitating dual initial public offering (IPO) listings in ...
Hong Kong-listed Get Nice hit by cyberattack, impacting trading systems
July 22 (Reuters) - Hong Kong-listed Get Nice Holdings said on Wednesday that its units were hit by a cyberattack on July 19, temporarily affecting its electronic trading systems and other services, ...
China’s moonshot AI bets on Kimi K3 momentum, eyes $50 billion valuation ahead of Hong Kong IPO: report
Moonshot AI is reportedly beginning discussions on a final round of fundraising in August, before listing in Hong Kong, at a valuation of nearly $50 billion. The Chinese AI lab is likely to close a ...
HSBC appoints cross-bank leaders after Hang Seng privatisation, source says
HSBC has appointed cross-bank leaders to oversee seven corporate functions it has in common with Hang Seng Bank, which it took private last year, according to a source familiar with the matter, in ...
Wall Street can wait: Why one US biotech firm is listing in Hong Kong first
Global biotech firms are increasingly being drawn to Hong Kong for its growing investor base and proximity to Chinese pharmaceutical partners.
Wahaha Heiress Loses Hong Kong Appeal Over Freeze on $1.8 Billion HSBC Account
The Hong Kong High Court upheld an asset preservation order sought by three of the late founder Zong Qinghou’s children, ensuring the funds remain secured for an ongoing lawsuit in Hangzhou ...