Mabpharm Limited, a Taizhou biotech, will IPO in Hong Kong, the eleventh pre-revenue China biopharma to be approved to list there. Mabpharm is developing a portfolio of nine biosimilars, which it hope... ( read original story ...)
Fraudsters used ‘thousands’ of Hong Kong bank accounts to launder HK$4 billion in one year
Thousands of Hong Kong bank accounts have been used to collect and launder about HK$4 billion (US$500 million) by local and international fraudsters in the past year, since the city’s anti-fraud squad ... ( read original story ...)
Cosmos Bank: Rs 13.5 cr transferred to Macau in malware attack, says probe
“There were two types of fraudulent transactions carried out: One where cloned debit cards were used to withdraw Rs 80.5 crore, and the other in which a SWIFT transfer of Rs 13.5 crore was made from t... ( read original story ...)
How the Hong Kong Jockey Club exaggerates its charity
But a Financial Times analysis shows the club exaggerates its ... The annual donations — defined by Hong Kong law as payments made, not just pledged — were just HK$2bn, according to the annual report ... ( read original story ...)
BRIEF-BOC Hong Kong Says Liu Qiang Appointed As Non-Executive Director
Aug 24 (Reuters) - BOC Hong Kong Holdings Ltd: * LIU QIANG APPOINTED AS NON-EXECUTIVE DIRECTOR * LIN JINGZHEN APPOINTED AS NON-EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage: ( read original story ...)
Meituan wins approval for Hong Kong IPO
Meituan-Dianping, China's largest on-demand online service provider, won approval from Hong Kong stock exchange for its initial public offering (IPO), multiple reports said. The company's IPO roadshow ... ( read original story ...)
Fraudsters use ‘thousands’ of Hong Kong bank accounts to launder HK$4 billion in one year
Thousands of Hong Kong bank accounts have been used to collect and launder about HK$4 billion (US$500 million) by local and international fraudsters in the past year, since the city’s anti-fraud squad ... ( read original story ...)
Andrew Leung, Hang Seng Bank
Mr Andrew Leung is the Chief Financial Officer and a member of Executive Committee of Hang Seng Bank. He is also a Director of ... Commerce and Internet Computing from the University of Hong Kong; Bac... ( read original story ...)
HK, Shanghai to boost financial ties
Secretary for Financial Services & the Treasury James Lau attended the 8th Working Meeting of Hong Kong-Shanghai Financial Co-operation in Hong Kong today. He co-hosted the meeting with Director-Gener... ( read original story ...)
HK, Shanghai hold meeting to enhance financial co-operation (with photos)
Representatives of the governments, financial regulators and exchanges of Hong Kong and Shanghai held the eighth Working Meeting of Hong Kong-Shanghai Financial Co-operation in Hong Kong today (August ... ( read original story ...)
SCB and Hong Kong banks sign the cooperation agreement on syndicated credit financing
Saigon Joint Stock Commercial Bank (SCB) and three banks from Hong Kong committed to mutually provide credit and ensure a stable financing source for Union Square to foster its business operations. Th... ( read original story ...)
HSBC unveils barrier-free banking services
Hongkong and Shanghai Banking Corporation unveiled its barrier-free banking services at its Tsuen Wan branch, aiming to bring more convenient services to customers with accessibility needs. HSBC said ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) shares up for 4th session
Hong Kong shares closed higher for the fourth straight session ... despite few market watchers expecting any agreement to be reached from the discussion. At close of trade, the Hang Seng index was up ... ( read original story ...)
Hong Kong Jockey Club: betting on charity
But a Financial Times analysis shows the club exaggerates its ... The annual donations — defined by Hong Kong law as payments made, not just pledged — were just HK$2bn, according to the annual report ... ( read original story ...)