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Tag: finance

Posted on 20/06/2024

Alfa Bank: US-sanctioned Russian banking giant expands in China

Battered by Western sanctions, Russia’s largest privately owned bank is expanding its business in the world’s second-largest economy.

Posted on 20/06/2024

Nasdaq Intensifies Scrutiny On Small Chinese And Hong Kong IPOs Following 2022’s Extreme Volatility: Report

In a bid to prevent the volatility that followed several deals in 2022, Nasdaq Inc. (NASDAQ:NDAQ) is reportedly increasing its scrutiny of small initial public offerings from China and Hong Kong. What ...

Posted on 20/06/2024

HSBC Raises ¥60 Billion From Samurai Bonds, Riding Yen Note Boom

Hongkong and Shanghai Banking Corp. raised ¥60 billion ($380 million) from its first Samurai bond offering in five years, reaffirming the recent trend of increasing yen note sales by overseas issuers.

Posted on 20/06/2024

Hong Kong’s WeLab eyes Southeast Asia digital banks

HONG KONG - WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to ...

Posted on 20/06/2024

Nasdaq Boosts Scrutiny of Investors in IPOs From China, HK

Nasdaq Inc. is once again increasing scrutiny of small initial public offerings from China and Hong Kong to avoid a repeat of the wild swings that followed a handful of deals two years ago, according ...

Posted on 20/06/2024

HSBC Buys back ~5.19M Shrs for HKD356M in Total Ytd

HSBC HOLDINGS (00005.HK) +0.100 (+0.146%) Short selling $312.13M; Ratio 26.132% announced that it repurchased a total of 5.1879 million shares of the company for a total of HKD356 million yesterday ...

Posted on 20/06/2024

Hong Kong’s WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines

The fintech unicorn backed by billionaire Li Ka-shing is looking at setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand ...

Posted on 19/06/2024

Hana Financial Group meets global investors in Hong Kong

Hana Financial Group held investor relations (IR) sessions in Hong Kong targeting global investors, spearheading efforts to enhance the corporate value of the Korean financial industry, the group ...

Posted on 19/06/2024

Hong Kong capital market will help unlock China’s innovation ambitions, HKEX boss says

Hong Kong’s market will continue to evolve to support emerging enterprises’ capital needs, Bonnie Chan says at Lujiazui Forum.

Posted on 19/06/2024

Top Hong Kong Dividend Stocks For June 2024

As of June 2024, the Hong Kong market is navigating a complex global economic landscape, with recent data indicating some pressures in major economies around the world. In this context, dividend ...

Posted on 19/06/2024

HSBC finalises rare opco Samurai as BMO eyes senior Aussie foray

Cross-border yen funding remains open despite volatility elsewhere ◆ HSBC firms up terms on senior Samurai from its Hong Kong bank ◆ BMO marketing senior deal in Australian dollars ...

Posted on 19/06/2024

Alibaba, Tencent, JD.com lead tech stock rout in Hong Kong as central banks tighten policy, China outlook dims

Chinese tech stocks slumped in Hong Kong, sending the broader market to its worst week in three months, after more central banks raised interest rates and waning confidence in China’s economic outlook ...

Posted on 19/06/2024

HSBC Buys back ~5.4M Shrs for HKD366M in Total Ytd

HSBC HOLDINGS (00005.HK) 0.000 (0.000%) Short selling $341.90M; Ratio 40.861% announced that it repurchased a total of 5.3987 million shares of the company for a total of HKD366 million yesterday ...

Posted on 19/06/2024

Clear targets, finance methods needed to make Hong Kong hydrogen push a success: experts

Yip, who is also an investment professional in green assets, said the strategy report failed to identify Hong Kong’s “own major niche” as an international financial hub to benefit from the hydrogen ...

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