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Tag: finance

Posted on 06/03/2025

MPs under mounting pressure to launch probe into HSBC savings scandal

Campaigners are demanding executives answer questions about withholding nearly £1bn from people who fled to escape a crackdown.

Posted on 06/03/2025

Hong Kong’s PAObank secures insurance agency licence

Hong Kong’s PAObank has received an Insurance Agency Licence from the Insurance Authority (IA), allowing the digital bank to offer general and life insurance services. In tandem with this development, ...

Posted on 06/03/2025

Y Intercept Hong Kong Ltd Sells 13,086 Shares of Banco Macro S.A. (NYSE:BMA)

Y Intercept Hong Kong Ltd reduced its stake in Banco Macro S.A. (NYSE:BMA – Free Report) by 85.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission ...

Posted on 06/03/2025

HSBC recognised as ‘Best Trade Finance Bank’ in Bangladesh

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been awarded as the “Best Trade Finance Bank” for the seventh year in Bangladesh and the eighth year globally at the Euromoney Trade ...

Posted on 05/03/2025

Hong Kong’s Hang Seng jumps as city pledges to develop itself into an artificial intelligence hub

Asia-Pacific markets were set to trade mixed Wednesday, tracking declines in two key Wall Street benchmarks overnight after the U.S. consumer confidence survey came in much weaker than economists' ...

Posted on 05/03/2025

Billionaire Brothers’ Chinese Bubble Tea Giant Mixue Surges In Hong Kong Debut

Shares of Mixue Group, China’s largest bubble tea chain controlled by billionaire brothers Zhang Hongchao and Hongfu, jumped 43% in its Hong Kong IPO debut.

Posted on 04/03/2025

Hong Kong targets creation of rival to Euroclear

Hong Kong authorities are pushing to create an Asian rival to Europe’s influential securities depositories, in a bid to lessen dependence on western financial infrastructure and boost global use of ...

Posted on 04/03/2025

Firms Advise Mixue on $450M Hong Kong IPO As Bubble Tea Craze Gives Capital Markets a Boost

Last month, another Chinese beverage maker Guming, advised by Skadden, Shihui Partners and Ogier, also listed and raised $230 million.

Posted on 04/03/2025

HSBC celebrates 160 years in Hong Kong with display of the bank’s heritage and innovation

Extensive line-up of anniversary festivities includes a special installation at HSBC’s iconic headquarters, plus an array of community events.

Posted on 04/03/2025

Hong Kong’s finance sector to benefit from AI, China opening, Asia wealth: think tank

The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says Hong Kong's financial sector is well positioned to benefit from ...

Posted on 04/03/2025

Hong Kong public has to be given hope as budget takes step in right direction

Unpopular decisions have had to be made as city faces huge deficit, but it can bounce back thanks to 'one country, two systems' Defending the government budget has always been part of the job of the ...

Posted on 04/03/2025

Hong Kong’s Paul Chan on geopolitics and budget for future: ‘we need to grow’

Finance chief says bond issuance an ‘investment in the future’, stresses need to speed up Northern Metropolis development amid fierce competition.

Posted on 04/03/2025

China’s largest bubble tea chain Mixue soars 41% on Hong Kong trading debut

Shares of China's largest bubble tea chain Mixue jumped more than 40% on its market debut on Monday after a heavily oversubscribed initial public offering.

Posted on 04/03/2025

Sigenergy Charges Into IPO Just Two Years After Inception

One such company, Sigenergy Technology Co. Ltd., is seizing on this latest flavor of new energy technology to launch a Hong Kong IPO, less than three years after its establishment, according to its listing document filed a week ago.

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