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Tag: finance

Posted on 19/05/2025

Mainland bank in Hong Kong investigates unauthorised transactions on FPS platform

China Construction Bank (Asia) client says she lost HK$20,000 through FPS transfers, with experts suggesting hacking may be involved.

Posted on 18/05/2025

Hong Kong police bust $15M crypto laundering syndicate

Hong Kong police arrested 12 people for laundering $15 million through over 550 bank accounts and crypto transactions.

Posted on 18/05/2025

Hong Kong’s IPO market ‘brisk’ despite ongoing US-China trade tensions: Paul Chan

Finance chief says city must continue to leverage advantages, as he reveals stock market has outperformed other major indices so far this year.

Posted on 18/05/2025

FS lauds strong local stocks, IPO market

The finance chief on Sunday hailed the Hong Kong stock market's performance this year, pledging to closely monitor market developments amid external ...

Posted on 18/05/2025

Bank in Hong Kong investigates unauthorised transactions on payment system FPS

China Construction Bank (Asia) client says she lost HK$20,000 through FPS transfers, with experts suggesting hacking may be involved.

Posted on 17/05/2025

Hong Kong prepares for a grand homecoming as mainland firms face US delisting threats

Around 286 mainland ­companies trading in the US came under threat of delisting after Treasury Secretary Scott Bessent said in early April that “everything’s on the table”, as worries about decoupling ...

Posted on 17/05/2025

{Hot Stocks}BOC HONG KONG(02388) quoted at HK$33.1, up 0.9%

Hot Stocks}HANSOH PHARMA(03692) quoted at HK$23.8, up 5.3% 16/05/2025 13:17 {Hot Stocks}BYD COMPANY(01211) quoted at HK$433.6, up 3.1% 16/05/2025 13:01 {Hot Stocks}2 listed firms see price swing at ...

Posted on 17/05/2025

Green Tea Group makes tepid debut in Hong Kong as traders gird for CATL’s IPO next week

Shares of the restaurant chain began trading at HK$7.19 per share, unchanged from the offer price, before plunging 7 per cent to an intraday day low of HK$6.69.

Posted on 17/05/2025

Hang Seng Bank to axe jobs as part of restructuring initiative

By the end of 2024, the bank had about 8,300 employees in Hong Kong and mainland China, but the core staff number remains undisclosed.

Posted on 16/05/2025

Fierce Pharma Asia—Pfizer partner’s trial win; Roche’s $300M China plant; Hengrui’s HK IPO plan

Pfizer and RemeGen's HER2 antibody-drug conjugate delivered positive phase 3 results in a bladder cancer trial in China. | Pfizer and RemeGen's HER2 ADC delivered positive phase 3 results in a bladder ...

Posted on 16/05/2025

Partners Group-backed Green Tea goes public on the Hong Kong Stock Exchange

The China-based casual dining brand began trading its IPO after pricing its 168,364,000 shares at HKD 7.19 per share.

Posted on 16/05/2025

“2025 GienTech Intelligent Digital Transformation Conference” Concludes Successfully in Hong Kong

GienTech successfully hosted the "2025 GienTech Intelligent Digital Transformation Conference" in Hong Kong yesterday.

Posted on 16/05/2025

OCBC Hong Kong & Macau revenue grew 14% y-o-y in 1Q2025 supported by wealth

OCBC expects North Asian growth to accelerate further, supported by wealth management and Greater China-Asean flows ...

Posted on 16/05/2025

Wire: US Warns HK Banks against Funding Iranian Oil & Other Illegal Deals

A delegation from the US Treasury Department met with representatives from some Hong Kong banks in April, warning the industry not to assist Iran in transporting oil to China, Bloomberg reported, ...

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