Clients still want to be international, underscoring the need for lenders who bridge East and West, says Noel Quinn, the bank’s CEO. ( read original story ...)
China’s Little Red Book to Shift IPO to Hong Kong From U.S.
Chinese startup Xiaohongshu, or “Little Red Book,” is weighing a Hong Kong initial public offering to raise at least $500 million, after putting its U.S. listing plans on hold, according to people ... ( read original story ...)
Hong Kong stocks hit four-week high as Alibaba, Meituan soar on bets antitrust crackdown against Big Tech is ending
Hong Kong stocks rallied to near a four-week high as investors bet the worst is over on tech sector regulatory crackdown following the end of investigation into Meituan. ( read original story ...)
Lenovo withdraws IPO application
Lenovo Group Ltd said it decided to withdraw its application for an initial public offering on the Shanghai Stock Exchange's Science and Technology Innovation Board, due to a reconsideration of its ... ( read original story ...)
Hong Kong Retail Banking Competitor Benchmarking Report 2021: HSBC, Standard Chartered, Bank of China, Mox Bank, ZA Bank, Hang Seng Bank, Citibank – R
The "Hong Kong Retail Banking - Competitor Benchmarking 2021" report has been added to ResearchAndMarkets.com's offering. This report looks at market performance, retention risk, and current account ... ( read original story ...)
Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2022 Global Pitch Competition Launches
Alibaba Hong Kong Entrepreneurs Fund ("AEF") today announced that HSBC will be the title sponsor of the startup event JUMPSTARTER, which will be named Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2022 ... ( read original story ...)
ANZ’s Yeung relocates to Hong Kong
ANZ has appointed Michael Yeung as a manager in the leveraged and acquisition finance (LAF) team in Hong Kong. Yeung started the new position in September. He reports to Hong Kong-based Ciaran Voyles, ... ( read original story ...)
Hong Kong business groups, mainland Chinese authorities team up to open new commercial services centre in Guangdong
Mainland Chinese authorities and Hong Kong business leaders have teamed up to launch a new commercial services centre in Guangdong province. Sixteen local business, professional and policy research ... ( read original story ...)
Study: 3 most popular digital banks in HK and what’s driving their uptake?
Respondents in Hong Kong still have concerns over virtual banks with 34% believing that there was a higher chance of accounts getting hacked via virtual. ( read original story ...)
Hong Kong Stock Exchange Proposes SPAC Listing Regime With Strict Criteria.
The Hong Kong Stock Exchange has launched a consultation paper on proposals to create a listing framework for special purpose acquisition companies (SPACs) in Hong Kong. SPACs are shell company ... ( read original story ...)
Hong Kong Stock Market Ripe For Consolidation On Monday
The Hong Kong stock market has finished higher in two straight sessions, advancing more than 870 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 24,835-point plateau ... ( read original story ...)
Citibank HK’s ad with Leon Lai strikes a cord with target audience luring 39% growth
"The majority of our core customers are parents aged over 35 and 45 for Citigold and Citigold Private Client respectively. Lai was their hero when they were young and he has remained a very positive ... ( read original story ...)
US bank stocks may be too hot with earnings season nearing
Bank stocks have been one of the best trades of this year, and with third-quarter earnings set to kick off on Wednesday (Oct 13) analysts expect the industry to show continued strength. The question ... ( read original story ...)
Hong Kong Stages Impressive Intra-Day Rally
We knew from yesterday’s US price action today was apt to be an ugly day and that came to fruition with the exception of Hong Kong. ( read original story ...)