Tag: finance

HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the explosive growth of the stablecoin market in terms of market capitalization since 2020 and the concurrent regulatory ... ( read original story ...)

HSBC Holdings plc. (NYSE:HSBC) traded at a new 52-week high today of $35.36. Approximately 929,000 shares have changed hands today, as compared ... ( read original story ...)

Banks struggle to bring key executives back to Hong Kong, threatening its appeal as financial hub. . Read more at straitstimes.com. ( read original story ...)

Xi’an Giant Biogene Technology Co. has selected banks for an initial public offering in Hong Kong that could take place as soon as this year, according to people familiar with the matter. ( read original story ...)

Multiple facets are coming into play within the emerging East Asian and Pacific nations trading bloc on the Hong Kong Special Administrative Region’s doorstep, not just the bloc’s central principle of ... ( read original story ...)

Chinese online Q&A service Zhihu Inc. is planning a second listing in Hong Kong that could raise about $300 million, according to people with knowledge of the matter. The New York-traded company is ... ( read original story ...)

Shares of China’s JL MAG Rare-Earth Co. dropped as much as 17% in their Hong Kong debut after being sold at the bottom of the marketed range in what is the biggest offering so far this year in the ... ( read original story ...)

Find the latest HSBC Holdings, plc. (HSBC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance ... ( read original story ...)

Shares of China’s JL MAG Rare-Earth Co. slumped 17% in their Hong Kong debut after being sold at the bottom of the marketed range in what is the biggest offering so far this year in the Asian ... ( read original story ...)

Banking giants including Goldman Sachs Group Inc. and Bank of America Corp. are struggling to bring key executives back to Hong Kong after the city banned flights from eight countries, part of an ... ( read original story ...)

HSBC has internally announced that its co-head of investment banking, Greg Guyett, will assume sole oversight of the bank’s entire advisory and trading division during the six-month sabbatical of his ... ( read original story ...)

Germany reported record new coronavirus cases for the third straight day as the highly transmissible omicron variant swept through Europe’s biggest economy. The U.K. is set to abandon Covid passes ... ( read original story ...)

Mainland Chinese investors turned net sellers of Hong Kong-listed stocks on Thursday with Tencent, HKEX, Sunny Optical among those under pressure Hang Seng remains 3.3 per cent stronger from last ... ( read original story ...)

Hong Kong-listed shares of cruise operator Genting plunged more than 50% after it announced that it may not be able to pay its debts and other obligations. ( read original story ...)