(Bloomberg) -- Tencent Holdings Ltd., Ant Financial, Industrial & Commercial Bank of China Ltd. and Xiaomi Corp. are among companies to win licenses to create virtual lenders in Hong Kong, bringing ... ( read original story ...)
Tencent, Alibaba, Xiaomi units win Hong Kong online banking license
HONG KONG (Reuters) - Hong Kong’s banking regulator has issued four more online-only banking licenses to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ... ( read original story ...)
Tencent, Alibaba, Xiaomi Units Win Hong Kong Online Banking Licence
HONG KONG — Hong Kong's banking regulator has issued four more online-only banking licences to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ICBC and ... ( read original story ...)
Tencent and Alibaba granted licences to offer Hong Kong banking
Tencent and Alibaba are set to compete with some of the world’s biggest banks including HSBC and Standard Chartered as Hong Kong opens up its market to online competitors. The Hong Kong Monetary ... ( read original story ...)
What Ails Hong Kong’s IPO Market? Quite a Lot
Hong Kong’s stock exchange is poised to lose its crown as the world’s leading IPO fundraising venue again, and this time there may be no easy way back. The bourse trails in third place behind the ... ( read original story ...)
Hong Kong’s status as global aviation hub in Greater Bay Area unbeatable even with Shenzhen as rival, finance chief Paul Chan says
Hong Kong has been designated as a global aviation hub over rival Shenzhen under China’s ambitious plan to develop an economic powerhouse in the Pearl River Delta, according to the city’s financial ... ( read original story ...)
Hong Kong’s Exchange Fund posts record first-quarter returns due to investment gains in stocks, bonds and currencies
according to the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank. This is the ever strongest quarterly gain on record. The main driver of the fund’s growth had been its stock ... ( read original story ...)
Here’s What Hong Kong Finance Investment Holding Group Limited’s (HKG:7) P/E Is Telling Us
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is for investors who would like to improve their ... ( read original story ...)
Hong Kong cheers as brewer eyes $39b IPO
Anheuser-Busch InBev is weighing an initial public offering of its Asian unit in Hong Kong, as the world's largest brewer jockeys for position in a massive consumer market where rivals are piling in ... ( read original story ...)
Paul Hastings Loses Three Hong Kong IPO Partners in Less Than a Year. Now What?
Last week, former Paul Hastings partner Nan Li, a star lawyer who focused on initial public offerings in Hong Kong, started a new job at China’s Tian Yuan Law Firm. He was the third Hong Kong IPO ... ( read original story ...)
Hong Kong Financial Secretary Visits Xiao-i’s Asia-Pacific Headquarters
The company is committed to supporting Hong Kong's digital transformation and smart city development, says Xiao-i's Chairman HONG KONG, May 7, 2019 /PRNewswire/ -- The Financial Secretary of the ... ( read original story ...)
Is Big Law Pulling Back From Hong Kong IPO Work?
Last week, former Paul Hastings partner Nan Li, a star lawyer who focused on initial public offerings in Hong Kong, started a new job at China’s Tian Yuan Law Firm. He was the third Hong Kong IPO ... ( read original story ...)
Singapore may allow virtual banks after Hong Kong move, says DBS CEO
SINGAPORE (BLOOMBERG) - Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of ... ( read original story ...)
Singapore May Allow Virtual Banks After Hong Kong, DBS Says
(Bloomberg) -- Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of ... ( read original story ...)