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Tag: finance

Posted on 28/06/2023

HSBC Hong Kong starts Bitcoin and Ethereum futures ETFs

HSBC Hong Kong has initiated support for trading Bitcoin and Ethereum futures Exchange Traded Funds (ETFs), according to a recent announcement. This move expands opportunities for local customers to ...

Posted on 27/06/2023

Alibaba’s Freshippo Targets Hong Kong IPO, Marks Its First Spin-Off Listing

Alibaba Group Holding Limited's (NYSE: BABA) grocery arm, Freshippo, will likely go public on the Hong Kong stock exchange by mid-November. The IPO would make it the first Alibaba subsidiary to list ...

Posted on 27/06/2023

China’s biggest IPO in years poses $9bn question for western banks

Goldman Sachs and others seek clarity over planned Shanghai listing of Swiss agricultural chemicals group Syngenta.

Posted on 27/06/2023

HSBC becomes first Hong Kong bank to allow crypto ETFs

HSBC has begun offering its customers access to Bitcoin and Ether-based exchange-traded funds (ETFs) traded on the Hong Kong Exchange (HKEX).

Posted on 27/06/2023

HSBC Offers Trading in Crypto ETFs to Customers in Hong Kong

HSBC Holdings Plc is offering trading of crypto-linked exchange traded funds to customers in Hong Kong amid a push by the city to establish itself as a hub for the alternative asset class.

Posted on 27/06/2023

Finture introduces cross-border financial solutions to enhance convenience of Hong Kong travelers and foreign domestic workers

HONG KONG SAR - Media OutReach - 27 June 2023 - YUP, the credit payment platform created by Singaporean startup Finture, introduces a range of innovative financial products ...

Posted on 27/06/2023

Hong Kong’s 3-tier banking system could soon be 2-tier as HKMA proposes scrapping ‘deposit-taking companies’

The review aims to simplify the structure of Hong Kong's banking system,' HKMA boss says The 12 remaining deposit-taking companies have five years to upgrade to a higher tier or exit the market ...

Posted on 27/06/2023

Hong Kong’s crypto push puts HSBC and StanChart in a bind

Regulators keen for banks to take on exchanges as clients but that might expose lenders to money-laundering risks ...

Posted on 27/06/2023

Retail Slowdown Takes Wind Out Of Dmall’s Advancing IPO

Dmall’s revenue growth slowed sharply in the first quarter, and probably would have contracted without its founder’s strong business ties The provider of cloud-based services for traditional retailers ...

Posted on 27/06/2023

Hong Kong’s HSBC Allows Customers To Trade Bitcoin ETFs, Signaling A Shift In Traditional Banks’ Stance

HSBC's decision comes amid a surge of institutional interest in Bitcoin ETFs, potentially fueling a global competition to attract capital.

Posted on 27/06/2023

Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News

HSBC's customers in Hong Kong have in fact been able to trade such crypto investment products since they were first listed on the Hong Kong Stock Exchange back in December.

Posted on 27/06/2023

‘Beat the USA to the punch’: HSBC Hong Kong now allowing trades of Bitcoin and Ether ETFs

HSBC Hong Kong, the biggest bank in the special administrative region of China, is now permitting trades of Bitcoin and Ether ETFs. On Monday, crypto outlets The Block and CoinTelegraph, citing a ...

Posted on 26/06/2023

HSBC to move global headquarters from Canary Wharf to City of London to cut costs amid shift to hybrid working

HSBC will move to smaller offices in the City of London ahead of its lease expiring in 2027, as it looks to cut costs as more of its staff embrace hybrid working.

Posted on 26/06/2023

Hong Kong’s largest bank now offers crypto services

In a significant development, Hong Kong’s premier banking institution, HSBC, now provides services allowing customers to trade Bitcoin and Ethereum Exchange-Traded Funds (ETFs). This momentous ...

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