Swiss crypto bank SEBA Bank, which recently clinched the license to offer regulated services in Hong Kong, announced that it is rebranding to AMINA Bank AG. Earlier in August, AMINA Bank– under the ...
Hong Kong reports HK$172 billion fiscal deficit as of October
Hong Kong has logged a deficit of HK$172.9 billion in the first ... 413.9 billion and had earned HK$174.4 billion between April – the beginning of the city’s financial year – and October. After taking ...
Geely’s stalled IPO discounts global expansion
HONG KONG, Dec 1 (Reuters Breakingviews) - Electric-car marque Zeekr, controlled by China’s largest private auto group Zhejiang Geely, has hit a roadblock. It is putting on hold its New York initial ...
Hong Kong stocks hover near one-year low after JPMorgan, HSBC cast pall over growth hopes in months ahead
Hong Kong stocks hovered around a one-year low after JPMorgan and HSBC predicted another bumpy year ahead amid economic headwinds. Better-than-expected manufacturing activity data failed to lift the ...
HSBC Innovation Banking steps up support for innovation businesses
HSBC Innovation Banking, led by specialised teams, harnesses the bank’s global network to drive growth for start-ups and their investors.
More Hong Kong Banks Set to Join Digital Yuan Pilot, Gov’t Confirms
Hong Kong’s government says more banks based in the country are preparing to join Mainland China’s digital yuan pilot.
JPMorgan, HSBC AM say Chinese stock investors should prepare for a long winter
“The overall sense is that the economy faces greater downside risks,” Caroline Yu Maurer, head of China and Hong Kong equities at HSBC Asset Management, said in an interview. The entire market’s ...
Another $18.9M Hong Kong exchange scandal, HTX ‘sorry’ airdrop: Asia Express
Hong Kong rocked by another $18.9 exchange fraud scandal, HTX offers airdrop in wake of $30M hack, digital yuan takes off in HK and China.
Hong Kong stocks cap four-month losing streak as weak China manufacturing adds to slowdown risk, fund outflows
Local stocks are headed for a fourth month of drop after an official report shows Chinese manufacturing contracted more than expected, underscoring concerns about the nation’s economic recovery ...
Hong Kong explores ICO as economic booster
This idea, first suggested by the Hong Kong Securities and Futures Professional Association, has sparked lively debate among financial experts and policymakers. The proposal is seen as a radical step, ...
TIIC’s IPO on the Hong Kong Stock Exchange was cleared and will be officially listed in 2024!
TIIC (Top Internation Investment Company) has been approved for listing on the Hong Kong Stock Exchange through IPO review. The number of shares sold worldwide has reached 10.4 million, and the number ...
Hong Kong Financiers Pen Letter To Lawmakers For ICO Portal In Bid To Boost Economy
The Hong Kong Securities and Futures Professionals Association wants to create an initial coin offering (ICO) portal as part of a broader set of recommendations aimed at enhancing economic recovery ...
Hong Kong’s Faster Payment System to be accepted in Thailand under reciprocal arrangement
Hongkongers travelling to Thailand can now use Faster Payment System to make purchases, while Thais travelling to Hong Kong can pay using PromptPay Plans are afoot to raise the maximum daily limit in ...
China EV maker Zeekr puts U.S. IPO on hold – sources
Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely, has put its U.S. initial public offering (IPO) on hold because of a mismatch in valuation expectations, two sources with ...