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Tag: finance

Posted on 13/12/2024

HSBC reviewing retail banking operations outside UK, Hong Kong: report

HSBC Holding (NYSE:HSBC)(OTCPK:HBCYF) is reviewing its retail banking business outside Great Britain and Hong Kong, the Financial Times reported Thursday, citing people familiar with the discussions.

Posted on 13/12/2024

Grande Group Seeks IPO On Thin Capitalization

Grande Group faces substantial risks in Hong Kong’s financial market. Read why GRAN stock may be a risky IPO with unpredictable revenue and high competition.

Posted on 13/12/2024

HSBC reviews retail banking outside UK and Hong Kong

HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that could see it substantially scale back operations in countries including Mexico, as it seeks further cost cuts.

Posted on 12/12/2024

Hong Kong on track to be fourth in IPOs in 2024

Ranked sixth last year, Hong Kong will be listed as the fourth-largest IPO market in 2024, according to the latest KPMG report, with its new position driven predominantly by China Securities ...

Posted on 12/12/2024

Hong Kong central bank warns against unauthorized finance firm

The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific ...

Posted on 12/12/2024

Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing

Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million ...

Posted on 12/12/2024

Hong Kong lawmakers say private schools should be required to disclose financial status

Lawmakers make the call after indebted institution fails to refund at least HK$5.8 million worth of debentures to parents.

Posted on 12/12/2024

Hong Kong ex democratic lawmaker convicted for rioting after 2019 mob attack

A Hong Kong court on Thursday convicted prominent former pro-democracy lawmaker Lam Cheuk-ting for rioting after he was attacked by a white-shirted mob in July 2019 at the height of that year's ...

Posted on 12/12/2024

HSBC’s charity arm continues decades of work lending helping hand to Hong Kong community

HSBC is committed to the welfare of Hong Kong and always ready to support those in need HSBC is committed to the welfare of Hong Kong and always ready to support those in need The year’s end is often ...

Posted on 12/12/2024

Boomer entrepreneurs refuse to retire, paving the way for family battles ahead of the $84 trillion Great Wealth Transfer, HSBC says

Many of them are not willing or able to let go of the reins, avoiding the prospect of passing on their empires ahead of the $84 trillion Great Wealth Transfer. Entrepreneurs are finding themselves ...

Posted on 12/12/2024

Hong Kong urged to require private schools to disclose financial status

Lawmakers make the call after indebted institution fails to refund at least HK$5.8 million worth of debentures to parents.

Posted on 12/12/2024

Hong Kong Treasury Secretary Claims the State Fund May Invest in Crypto

Hong Kong signals crypto interest as Treasury Secretary hints at future investments while Johnny Ng pushes for policy change.

Posted on 11/12/2024

Hong Kong’s IPO market to end 3-year slump amid China support, rising confidence

The city has recorded US$10.7 billion of proceeds from 64 IPOs this year through November; more deals in December.

Posted on 11/12/2024

KPMG: HK IPO Mkt to Return to Global Top 5 Position by 2024

HERBS GROUP IPO Starts Tdy w/ 1-lot Entry Fee $3,353.48 ...

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