HSBC Holdings Plc says it’s picking up clients and staff from Credit Suisse Group AG following the Swiss bank’s hastily-arranged takeover by rival UBS Group AG.
House Republicans allege Biden family members received millions in payments from foreign entities in new bank records report
House Oversight Chairman James Comer laid out new details to support allegations that members of Joe Biden's family including his son Hunter received millions of dollars in payments from foreign ...
Alibaba’s $20 Billion Logistics Wing Looking at IPO
Alibaba may be spinning out its logistics arm in an initial public offering (IPO) that could raise as much as $2 billion. Cainiao Network Technology plans to raise the funds in a listing in Hong Kong ...
Hong Kong passes tax concession bill to woo global family offices
Hong Kong passed a long-anticipated tax concession bill on Wednesday, offering a tax exemption for eligible family offices, as the city tries to restore its regional financial hub status while ...
Chinese ChatGPT rival Mobvoi picks banks for US$300 million Hong Kong IPO, sources say
Mobvoi, a Chinese artificial intelligence company and smart device maker has selected banks for a Hong Kong initial public offering that could raise about US$200 million to US$300 million, according ...
Chinese ChatGPT Rival Mobvoi Picks Banks for $300 Million Hong Kong IPO, Sources Say
Mobvoi, a Chinese artificial intelligence company and smart device maker, has selected banks for a Hong Kong initial public offering that could raise about $200 million to $300 million, according to ...
HSBC Gains Assets From Former Credit Suisse Clients in Asia
HSBC Holdings Plc said it’s picking up clients and staff from Credit Suisse Group AG following the Swiss bank’s hastily-arranged takeover by rival UBS Group AG.
Wealth Summit Latest: HSBC Expanding Business in Asia, London
The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.Most Read from BloombergPowell’s Bet ...
Ant Group reportedly mulls selling stake in its HK virtual bank unit
Ant Group, Ant Bank (Hong Kong)'s parent company is reportedly mulling to sell a stake in its virtual banking unit in Hong Kong after it overhauls operations. People familiar with the matter told ...
HSBC reaches deal to buy out China fund partner, Reuters reports
A spokesperson for HSBC in Hong Kong declined to comment. Representatives for Shanghai-headquartered HSBC Jintrust and Shanxi Trust did not immediately respond to a request for comment. It was not ...
Wealth Summit Latest: Hong Kong’s Property Market Is Rebounding
The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.
How US-China decoupling makes Hong Kong a prime go-between to ease economic rifts with West
Special administration region seen uniquely positioned to serve as dialogue nexus that could help prevent economic fragmentation from devolving into bigger conflict City's financial secretary warns ...
Exclusive-HSBC reaches deal to buy out China fund partner -sources
HSBC has agreed to buy out its China fund management joint venture partner, two people familiar with the matter said, as the Asia-focused bank pushes ahead with expansion in the world's second-largest ...
Euphoria over China’s SOEs, AI inflate price gap for stocks listed on mainland and Hong Kong bourses to 5-month high
The A-shares of 150 dual-listed companies commanded a 42 per cent premium over their H-share counterparts this month, versus a 10-year average of 26 per cent Among the biggest discrepancies, the ...