Tag: finance

Such disposals will up the pressure on lenders. For instance, the $30 billion Hang Seng Bank (0011.HK) - majority-owned by HSBC - has 36% of its book allocated to Hong Kong properties.

HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC (HSBA.L) plans to tighten risk management at Hong Kong unit Hang Seng Bank (0011.HK) due to worries about a potential rise in bad loans amid growing ...

By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI, Feb 16 (Reuters) - HSBC HSBA.L plans to tighten risk management at Hong Kong u nit Hang Seng Bank 0011.HK due to worries about a ...

A Hong Kong court began hearing final arguments Monday in the landmark national security trial of former pro-democracy newspaper founder Jimmy Lai, who could be sentenced to up to life in prison if he ...

HKMA wants banks to train their staff to plug the talent gap instead of poaching them from their rivals Hong Kong lenders were expected to face a talent shortage in AI, green finance and expertise ...

As global trade patterns undergo significant reshaping, Hong Kong's pivotal role as a "super-connector" and "super value-adder" is becoming increasingly prominent, with its advantages growing stronger ...

Iluvatar CoreX is considering an initial public offering in Hong Kong, as investor interest in Chinese artificial intelligence chipmakers builds with Beijing discouraging local firms from using Nvidia ...

The company said its issued and outstanding share capital following the IPO will consist of 11.5 million shares, or about 11.7 million shares if underwriters exercise in full their options to buy ...

Readers discuss synergy between two financial hubs, national mourning in Colombia, and the human cost of conflict Feel strongly about these letters, or any other aspects of the news? Share your views ...

Hong Kong-based Monkey Tree Investment has filed for an initial public offering. The company, which describes itself as a provider of children's language learning courses, said Friday it intends to ...

American Bitcoin eyes acquisitions in Japan and Hong Kong to expand BTC presence. Regulatory reforms and crypto growth boost market momentum.

The Hong Kong Monetary Authority, the city’s de facto central bank, is accepting applications for stablecoin issuer licences until the end of September. As of now, no licences have been issued, and ...

A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.

Shein's UK arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% in 2023, according to a filing released by Shein on Friday.