Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ...
Analysis-Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ...
Hong Kong businesswoman loses HK$41 million in alleged cryptocurrency trading scam
Losses by woman, 56, include a HK$15 million loan taken out by her, police say Investigating officer says scam was rare case where fraudsters carried out in-person transactions to lull victim into ...
World’s Eighth-Largest Bank Unveils Tokenized Gold Product for Retail Customers: Report
Banking giant HSBC has reportedly launched a tokenized gold product for its retail customers in Hong Kong as the bank and the government both push to make real-world assets available in digital form.
China Market Update: Growth Stocks Lead Mainland China & Hong Kong Higher
Asian equities were largely higher as Mainland China, Hong Kong, Australia, and India outperformed while Japan underperformed. Malaysia was closed for Nuzul Al-Quran, which is a day dedicated to ...
China’s Country Garden delays publication of 2023 financial results
Country Garden , China's largest private property developer, delayed the publication of its 2023 financial results on Thursday saying it needed to collect more information to make appropriate ...
Cainiao to incentivize staff with double annual bonuses in 2025 after IPO withdrawal
Alibaba’s logistics operation Cainiao will double employees’ annual bonuses next year after the company announced it was canceling its planned IPO in Hong Kong. Wan Lin, chief of Cainiao announced the ...
ANALYSIS-Chinese firms’ fundraisings in limbo as IPOs scrutinized at home and abroad
Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ...
HSBC Hong Kong Unit, Traders Indicted in Seoul Over Short Selling Claims
HSBC Holdings Plc’s Hong Kong unit and three of its traders were indicted by South Korean prosecutors on allegations of illegal short selling.Most Read from BloombergLondon Insurers Face Baltimore ...
Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch
Venture Smart Financial Holdings Ltd (VSFG) is gearing up to launch a spot Bitcoin exchange-traded fund (ETF) in Hong Kong as early as May.
HSBC rolls out tokenized gold for Hong Kong retail investors
Renowned financial institution HSBC has entered the blockchain technology industry by making tokenized gold available for retail investors in Hong Kong. This initiative makes HSBC the first bank to ...
Hang Seng Bank unveils HK$33b SME Power Up Fund
Loan offerings include an 80% and 90% guarantee product under the SME Financing Guarantee Scheme, an Innobooster loan, trade finance, revolving loan, and environmentally friendly options such as the ...
HSBC Brings Tokenized Gold to Hong Kong; Munchables Exploited for $62M
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as HSBC brings its tokenized gold product to Hong Kong, claiming bragging rights for being ...
First Mover Americas: HSBC’s Gold Token Introduced in HK
The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.