Tag: finance

One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks.

Jiangsu Hengrui Pharmaceuticals, a leading Chinese developer of novel drugs that recently received approval to go public in Hong Kong, is likely to see an acceleration in growth as its research and ...

Alibaba Group Holding (NYSE:BABA) fintech affiliate Ant Group explored listing its overseas arm, Ant International, on the Hong Kong stock exchange. The Jack Ma-founded fintech giant Ant, which ...

Hong Kong's digital banks plan to expand wealth management businesses as deposits and loans surge Hong Kong's eight digital banks have vowed to expand their wealth management businesses in the coming ...

HSBC said on Thursday that Chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe's biggest bank presiding over its dramatic shrinking and navigating ...

In its first market intervention in two years, the city’s de facto central bank bought US$6.005 billion at HK$7.75.

Net interest income is 86% higher in 2024. ZA Bank said that it has narrowed its losses by 42% year-on-year (YoY) in 2024, with a net revenue of HK$548m. This is an improvement of HK$167, the Hong ...

Hong Kong’s tax revenues have increased by about 10 per cent in the past financial year, driven in part by the influx of talent among taxpayers and a boost in property transactions, according to ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Move will solidify Hong Kong’s position as a global leader in asset, wealth, and risk management, lender’s CEO in the city says.

Hong Kong's economy grew in the first quarter by 3.1% from a year earlier, official advance estimates showed on Friday, expanding for a ninth quarter.

Capital A, parent of low-cost airline AirAsia, is exploring a listing on the Hong Kong Stock Exchange to access broader global capital markets. The move follows its ongoing recovery from financial ...

Malaysia's Capital A, the owner of budget carrier AirAsia, said on Friday it was exploring listing on the Hong Kong stock exchange, as it looks to diversify its access to global markets. The company, ...

They do so to achieve financial flexibility, said Hang Seng Bank. Hong Kong adults are saving an average of nearly a third of their monthly income to ensure financial flexibility, according to a ...