Tag: finance

Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific equities ... ( read original story ...)

As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are ... ( read original story ...)

Hong Kong has one of the most advanced experiments for central ... pain points in cross-border payments and how to overcome them, and how to enhance the financial infrastructure for such payments. Now ... ( read original story ...)

The IPO: Elite Education Group International (NASDAQ ... This includes expanding services to Hong Kong, Myanmar, Vietnam and Thailand. Expansion also includes expanding services at Miami ... ( read original story ...)

Net gold imports via Hong Kong to China, the world's top consumer of the metal, fell 0.2% to 4.192 tonnes in February, compared with 4.2 tonnes in January, the data showed. * "Import is still ... ( read original story ...)

China Evergrande Group’s online home and car sales platform FCB Group is weighing an initial public offering in the U.S. as soon as the fourth quarter, according to people familiar with the matter.FCB ... ( read original story ...)

Shares of the Hong Kong-listed web giant have plunged over 20% since their January high, wiping out more than $200 billion in market value as Beijing made clear its intention to clampdown on the once ... ( read original story ...)

NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced its financial results for fiscal year ... ( read original story ...)

China's top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its initial public offering (IPO), eyeing a valuation of at least $100 billion via the float, two ... ( read original story ...)

Another envoy described the move as "bordering on belligerent" and said it was not the way Hong Kong, generally mindful of the city's standing as an international financial hub, has traditionally ... ( read original story ...)

Hong Kong’s Hang Seng index edged up on Thursday, as gains in financials and consumer stocks offset the impact of a tech rout following overnight Nasdaq losses, after the U.S. securities regulator ... ( read original story ...)

Tech giants from Tencent Holdings Ltd. to Alibaba Group Holding Ltd. dived after U.S. regulators revived threats to toss China’s largest corporations off U.S. bourses, compounding concerns of a ... ( read original story ...)

Tencent and Alibaba slid more than 5 per cent in Hong Kong Thursday before paring losses, joining a U.S. selloff that wiped more than 20 per cent off Chinese tech names ... ( read original story ...)

The Hang Seng finished sharply lower on Wednesday following losses across the board - especially from the technology stocks, casinos and oil companies. For the day, the index plummeted 579.24 points ... ( read original story ...)