Stocks fall for a second day as PBOC warns about rising inflation while Tencent's report card shows underlying weakness in tech sector Meituan slumps on stock overhang risk as Tencent offers its stake ...
Startups Are The Losers Of Asia’s Digital Banking Race
Asia's digital banking market has been growing quickly. Although it's a bit early to pick the winners, we can definitely see the losers: start-ups.
China central bank to step up policy implementation, promote healthy property market
China's central bank said on Wednesday it will step up the implementation of its prudent monetary policy and keep liquidity reasonably ample. The People's Bank of China said it will maintain ...
JD’s fintech unit seeks regulatory approval for new attempt at Hong Kong IPO: report
The company then applied to the China Securities Regulatory Commission (CSRC) seeking a Hong Kong IPO in late January, however Reuters reported in May that it had failed to gain approval. [Reuters] ...
Hong Kong to expand government green bond issuance fivefold as Greater Bay Area cities aim to boost sustainable finance
Hong Kong will expand its issuance of government green bonds more than fivefold in the next five years, city's finance and treasury secretary says Shenzhen and Guangzhou are also boosting sustainable ...
Kingsmen co-founder Ong raises stake; Japfa in buybacks ahead of subsidiary’s planned IPO
Ong last bought Kingsmen shares more than a year ago although this was via a married deal that also involves fellow co-founder cum chairman Benedict Soh. On March 2, 2021, Ong and Soh acquired 500,000 ...
Overbought Hang Seng Called Higher On Wednesday
The Hong Kong stock market has finished higher in three straight sessions, skyrocketing more than 2,325 points or 14.1 percent along ...
Hong Kong may benefit from FTX collapse as investors consider role of comprehensive regulation in growing the crypto market
The rapid rise and fall of FTX appears to have vindicated the cautious approach taken by the Hong Kong government in the crypto market That collapse has likely made participants in the crypto industry ...
Hong Kong Could Turn Covid Zero Into Money
Hong Kong is separately contemplating a full-fledged central bank digital currency. By the time the monetary authority introduces it, users would be accustomed to a prototype version, which will ...
JD.com’s fintech unit aims to win approval for HK IPO as soon as year end
The financial technology (fintech) arm of Chinese e-commerce firm JD.com aims to win Beijing regulators' approval to list in Hong Kong as soon as the end of the year, three people with direct ...
JD.Com’s Fintech Unit Aims To Go Public In Hong Kong By The End Of This Year – After One Failed Attempt
The listing of the fintech arm of JD.com will be one of the biggest initial public offerings of a Chinese company in Hong Kong since a sweeping regulatory crackdown by Xi Jinpings ...
China’s BYD scraps IPO plan for semiconductor unit
Chinese automaker BYD Co Ltd said on Tuesday it had scrapped plans to list its semiconductor unit in China, saying a move to increase investments in wafer production would significantly affect the ...
JD.Com Fintech Unit Aims to Win Beijing Approval for HK IPO as Soon as Year-End – Sources
The fintech arm of Chinese e-commerce firm JD.Com aims to win Beijing regulators' approval to list in Hong Kong as soon as the end of the year, three people with direct knowledge of the matter said, ...
How Hong Kong’s reboot as a global financial centre can improve lives in the city
Finance can be unleashed as a force for good, to deliver social impact and bring economic windfalls for ordinary citizens, from youth advancement, financial literacy, and promotion of the arts and ...