Tag: finance

Tsinghua-linked Infinigence AI, backed by Tencent and Baidu, plans a Hong Kong IPO as early as 1H 2027 to meet China's AI computing demand.

Its revenue and net interest income grew about 8% each during the period. WeLab Bank reported a loss of $684,403 (HK$5.37m) in the first six months of 2026, reversing an HK$4.34m net profit during the ...

Operating income and net interest income hit double-digit increases. Mox Bank Limited recorded a profit before tax of $1.1m (HK$8.63m) in the first six months of 2026. Operating income rose 69% ...

Sept 30 (Reuters) - Securities regulators in Hong Kong and Malaysia on Wednesday unveiled simplified procedures allowing companies to submit a single application to list on both exchanges. Here are so ...

HSBC plans to launch RedCoin through PayMe in 2026. Its first test is whether consumer payments can outgrow the bank's own apps.

HSBC names RedCoin, its new Hong Kong stablecoin, targeting P2P transfers, merchant payments, and future corporate financial services. HSBC has named its HSBC names RedCoin, its new Hong Kong ...

HSBC has named its Hong Kong dollar-pegged stablecoin RedCoin ahead of its expected launch in the second half of 2026. The token has not yet been issued and will initially be available only through ...

HSBC names its Hong Kong dollar stablecoin HSBC RedCoin ahead of a 2026 launch, starting with P2P and merchant payments via PayMe and its app.

HSBC announced its upcoming Hong Kong dollar-pegged stablecoin, RedCoin, set for release in the second half of 2026, focusing initially on personal transactions.

A survey by the lender shows that 74 per cent of customers know at least one use case, but there are also misunderstandings HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way ...

A growing pipeline and potential megadeals bolster hopes of a record IPO year for the Hong Kong stock exchange, industry players say Funds raised through Hong Kong initial public offerings (IPOs) ...

HSBC, Hong Kong’s largest bank, has named its upcoming Hong Kong dollar-backed stablecoin HSBC RedCoin, marking a major step into digital payments.  The ...

A survey by the lender shows that 74 per cent of customers know at least one use case, but there are also misunderstandings HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way ...

The bank plans a phased rollout, starting with person-to-person and person-to-merchant payments before expanding to business finance and corporate users.