Canaan Rules out IPO on Chinese Stock Exchanges? Canaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, is reportedly considering launching an initial public offering (IPO) in ... ( read original story ...)
Watch the World Rugby Sevens Series in Hong Kong
Watch live coverage of the HSBC World Rugby Sevens Series men's tournament from Hong Kong in the video player above. Action resumes at 9:30 p.m. ET. Canada fell short of the quarter-finals after losing 17-12 to Spain in their final game of pool play. ( read original story ...)
Haidilao to tap demand for Chinese hotpot with up to $700 million IPO – sources
HONG KONG (Reuters) - Sichuan Haidilao Catering ... as joint sponsors for the proposed IPO, two of the people said. The IPO could come in the second half of the year, they said. The planned listing comes as the Beijing-based restaurant operator looks ... ( read original story ...)
“I’m starting my banking career in Hong Kong. I found London far too boozy”
But alcohol played a part. https://news.efinancialcareers.com/hk-en/311815/asia-technology-internships/ I interned at a top US bank in Hong Kong last summer and I was lucky enough to secure a return job offer. The bank asked me whether I wanted to start ... ( read original story ...)
HSBC to expand further in China, cut red tape under new management team
LONDON (Reuters) - HSBC (HSBA.L) will seek to cut internal bureaucracy and ... Mark Tucker, the bank’s first externally appointed chairman, told analysts and investors at a meeting in Hong Kong that trimming the bank’s bloated governance structure ... ( read original story ...)
Hong Kong can take decision on Nirav Modi’s arrest: China
BEIJING: China on Monday said that Hong Kong can accede to India's request to arrest fugitive Indian diamond merchant Nirav Modi based on local laws and mutual judicial assistance agreements. Also read: BSE CEO reveals how much banking sector lost due to ... ( read original story ...)
HSBC names veteran banker head of Asia belt and road initiative
HONG KONG (Reuters) - HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific, as it bets on China’s drive to build a modern-day Silk Road to help grow its business. ( read original story ...)
HSBC names Mukhtar Hussain head of Asia belt and road initiative
Mukhtar Hussain, who first joined HSBC in 1982, will start in his new role on July 1. HONG KONG: HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific ... ( read original story ...)
5P Wave could see Hong Kong finance go beyond green finance and ESG to the next level
Paula DiPerna is a visiting fellow at Civic Exchange, a Hong Kong-based environmental think tank. On a recent Sunday along Victoria Harbour, smog and haze hung so thickly that the spectacular skyline seemed like stage scenery veiled in shadowy disguise. ( read original story ...)
How Hong Kong banking employees are mortgaging their life away
It is nothing new for banks in Hong Kong to offer staff mortgages at a below the market interest rate to assist employees to buy property. With the raging property prices, this benefit has never been more significant to banking employees. A friend of mine ... ( read original story ...)
Hong Kong beats Singapore as top IPO destination in Asia… for now
But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)
HSBC Kicks Off Its Sevens Weekend With The First Ever HSBC Community Day
a partnership between HSBC and the Tung Wah Group of Hospitals (TWGHs) intended to bring rugby and a sense of community to the Hong Kong public. The Honourable Matthew Cheung Kin-chung, Chief Secretary for Administration, The Government of the Hong Kong ... ( read original story ...)
Building program drove trade deficit wider in Feb. — HSBC
THE trade deficit likely widened further in February as imports continue to outpace the growth in outbound shipments, Hongkong and Shanghai Banking Corp. (HSBC) said, owing to a greater need for raw materials as the Philippines takes on increased ... ( read original story ...)
Fiji take fourth consecutive title in Hong Kong
Fiji secured their fourth consecutive title at the Cathay Pacific/HSBC Hong Kong Sevens after they beat Kenya 24-12. In a repeat of last month's final in Vancouver, Fiji ran in four tries to move within just three points of series leaders South Africa in ... ( read original story ...)