HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 112,000 shares in London and Hong Kong yesterday (25th), involving a total of approximately HKD5.7008 million. HSBC repurchased 12 ... ( read original story ...)
Nomura leads US$6 million investment in Hong Kong climate tech start-up Allinfra
Allinfra plans to use the funds to scale up its software products and bolster its sales force, while Nomura will help the Hong Kong start-up develop and distribute digital asset products in the ... ( read original story ...)
Hong Kong Cheers NetEase & Kuaishou Results
I saw neither of these traits yesterday in US-listed China internet stocks, which fell despite strong results from Kuaishou and NetEase. Given the exact same information, US investors sold NetEase’s ... ( read original story ...)
Major unions give green light on suggestion to bump Hong Kong civil servants’ pay by as much as a record 7.26 per cent
Lee Fong-chung, chairman of the Hong Kong Senior Government Officers Association ... The government will also consider factors such as public finance, consumer prices, civil service groups' claims and ... ( read original story ...)
Crypto lender Babel Finance valued at $2 billion after latest fundraising
Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and asset manager at $2 billion. ( read original story ...)
Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation
Babel Finance's latest funding round comes as the crypto market is struggling to recover from the spectacular collapse of TerraUSD and Luna. ( read original story ...)
Tiger Global-Backed YSB Is Said to Seek $300 Million in H.K. IPO
Pharmaceutical sales platform YSB Inc. is looking to raise about $300 million in its Hong Kong initial public offering, according to people familiar with the matter.Most Read from BloombergPlot to ... ( read original story ...)
Hong Kong, Macau police arrest 22 over money-laundering syndicate behind HK$2.2 billion in suspected crime proceeds
HK$84 million linked to 32 cases of deception, including 15 phone scams, six investment frauds and five internet love swindles. ( read original story ...)
Hong Kong’s Legco complex expansion project could be capped at HK$1.56 billion after request for 33 per cent more than estimate, says official
After grilling the official for two hours, Legco's public works subcommittee agreed that the funding request would be passed to the Finance Committee for further discussion next month. Do you have ... ( read original story ...)
Police officer to be suspended for allegedly taking upskirt video of woman in Hong Kong’s financial district
Suspect, 28, accused of taking mobile phone video of woman on Pedder Street footbridge, according to police Online photo shows five plain-clothes officers pinning off-duty constable on ground, with ... ( read original story ...)
Regulatory clarity is key feature of Hong Kong as fintech hub: fintech association
HONG KONG ― Deregulation is often cited as the key to spurring innovation and the growth of markets. But the latest Terra-triggered cryptocurrency crash is shedding light on the importance of having a ... ( read original story ...)
Clifford Chance advises Bank of China (Hong Kong) and HSBC on world’s largest retail green bond issuance
Leading international law firm Clifford Chance has advised Bank of China (Hong Kong) and HSBC as joint lead managers on the issuance of Hong Kong SAR Government's inaugural retail green bonds under ... ( read original story ...)
HSBC launches new campaign to support the community and spread positivity via Grey HK
HSBC has always been committed to supporting the Hong Kong (HK) community. As the epidemic's fifth wave gradually subsided, HSBC announced the "Branching Out Our Support" campaign. Designated branches ... ( read original story ...)
Green bonds the way to go for safer future in Hong Kong
With Hong Kong set to become a premier green finance hub, such financial instruments not only provide steady income, but also capital to help protect the environment With stocks and bonds falling ... ( read original story ...)