Tag: finance

Hong Kong’s cryptocurrency exchanges have been warned that regulators are watching them closely after investors complained of practices ranging from market manipulation to misappropriation of assets. The Securities and Futures Commission said it has sent ... ( read original story ...)

Jetco Pay adds new merchant payment service supported by eight banks — Jetco — “Jetco today announced the launch of Jetco Pay Merchant Payment service jointly with eight banks, including Bank of Communications (Hong Kong), Bank of East Asia ... ( read original story ...)

... principles which the HKMA will take into account in deciding whether to authorize virtual banks to conduct banking business in Hong Kong. As defined in the revised guideline, a “virtual bank” refers to a bank which delivers retail banking ... ( read original story ...)

Following China’s “One Belt and One Road” strategy for outward expansion, financial conglomerate Freeman FinTech Corp. Ltd. is exploring investment opportunities in the Philippines especially in the field of banking. Officials of the Hong Kong Stock ... ( read original story ...)

Hang Seng Bank today launched a one-year fixed-rate mortgage promotion that offers a one-year fixed mortgage rate of 1.68% per annum. The subsequent mortgage rate will be the Hong Kong InterBank Offered Rate (HIBOR) plus 1.3% per annum, capped at Prime ... ( read original story ...)

Investment from India in Hong Kong reached HK dollar 12.5 billion at the end 2016, an increase of about 17 per cent year-on-year. NEW DELHI: Seeking investments from India, Invest Hong Kong today said sectors such as financial services, tourism and ICT ... ( read original story ...)

HONG KONG (Reuters) - Taiwan's Foxconn ... China International Capital Corporation is the sponsor and lead underwriter for the IPO. FII made a net profit of 16.2 billion yuan in 2017, according to the filing, representing a compounded annual growth ... ( read original story ...)

HONG KONG (Feb 12) -- China's OneForce Holdings on Monday said it expects to raise up to HK$92.2 million ($11.8 million) in gross proceeds from an initial public offering in Hong Kong. The electric power industry-focused information technology service ... ( read original story ...)

Later this month, HSBC Group CEO Stuart Gulliver will step down from his role ... “In truth, I will retire in HK (Hong Kong) at about 80,” Gulliver said in response. Is that a clue to what’s next? ( read original story ...)

Here are the major promotions and job moves in the world of HR for this week from Hong Kong. If you’ve been promoted or if ... talent acquisition and onboarding at the bank with effect in February. Previously she was a recruitment specialist at ... ( read original story ...)

The three biggest H-shares percentage decliners were China Citic Bank Corp Ltd which was down 5.45 ... So far this week, the market capitalisation of the Hang Seng index has fallen by 6.44 percent to HK$20.01 trillion. ** The short and one-factor leveraged ... ( read original story ...)

Hong Kong-based Frederic Neumann, managing director and cohead of Asian economic research at HSBC, said in a press chat on Friday that despite heightened jitters in the past few weeks, inflation rate in the Philippines could average at 3.7 percent this ... ( read original story ...)

For those on WSO with some entrepreneurial spirit- this is a guest post/syndication from Dan Andrews of tropicalmba.com- an entrepreneur who I have a lot of respect for and have a learned a ton from over the last few years from via his blog/podcasts. ( read original story ...)

We Doctor, the Tencent-backed Chinese online healthcare services firm, has completed internal business integration (in Chinese) and scaled up its four verticals—medical cloud, healthcare, medicine, and insurance. The company is also raising $500 million ... ( read original story ...)