By Denny Jacob Solowin Holdings said Thursday it is offering about 3.8 million shares priced between $4 and $6 a share in its initial public ...
Hong Kong banks outperform on rate hikes
Despite the slowdown in global economic growth in 2022, banks in Hong Kong outperformed as they benefited from high lending rates.
Why Hong Kong wants more banks to accept crypto clients
The FT viewed an April letter sent to banks, including Bank of China, HSBC, and Standard Chartered, in which the HKMA said due diligence should not “create undue burden” to accepting crypto exchanges ...
Hong Kong central bank leaves interest rates unchanged, tracking Fed
The Hong Kong Monetary Authority (HKMA) on Thursday left its base interest rate charged through its overnight discount window unchanged at 5.50 per cent, tracking action by the U.S. Federal Reserve.Th ...
Hong Kong Put Pressure on Three Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.
Hong Kong govt pressures banking giants to accept crypto clients: Report
The central bank of Hong Kong has reportedly been pushing major banking institutions including HSBC, Standard Chartered and the Bank of China to start providing services to crypto exchanges.
The Implications Of The Bank Of China’s Dive Into Digital Assets With An Ethereum-Based Structured Note
Bank of China's recent issuance of $28 million in digital structured notes on Ethereum is significant, but is it actually a shift in attitude by regulators?
HSBC and Standard Chartered pressed by Hong Kong to take on crypto clients
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry ...
HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
The UK-based lenders and the Bank of China were questioned by the Hong Kong Monetary Authority (HKMA) last month on why crypto exchanges were not being accepted as clients, according to the report.
Hong Kong Needs More Welders, Not Bankers
For people living in Hong Kong, a banking job was the path to prosperity. This is no longer the case. As the financial hub emerges from the Covid-19 pandemic, the city finds that it’s facing a similar ...
Chinese pharmaceuticals sales platform YSB to raise over HK$300m in Hong Kong IPO as other firms line up
"Market conditions in Hong Kong and in general are always volatile and unpredictable ... CICC is the sole sponsor of the IPO. The Guangzhou-based company has raised funds in multiple rounds since it ...
HSBC reaches revised terms for sale of its French retail banking business
HSBC will retain US$7.6 billion in loans as part of a revised transaction to sell its French business after completion of the deal appeared ‘less certain’ in April.
HSBC looks to unlock sale of French business with new terms
HSBC said that the new terms might allow for the sale to Promontoria MMB SAS (My Money Group) and its subsidiary Banque des Caraïbes SA to proceed ...
U.S. Banks Are Giving Up China IPO Mandates
International investors have soured so much on Chinese initial public offerings that investment banks are backing out of potential listings. Goldman Sachs has given up several mandates for IPOs in ...