The latest round of Hong Kong’s iBonds has been oversubscribed by 3.6 times, and has attracted a record US$7.03 billion from 717,000 people. ( read original story ...)
10 minutes is all that’s needed in the new world of intelligent, intuitive and invisible banking
DBS managing director Ajay Mathur says the bank harnesses data and technology, including AI, to provide a more personalised experience ... ( read original story ...)
Hong Kong to explore potential for digital HK dollar
The Hong Kong Monetary Authority (HKMA) is launching a comprehensive study into developing a digital HK dollar as a central bank digital currency (CBDC). ( read original story ...)
China Youran Dairy Said to Price $643 Million Hong Kong IPO at Bottom
China Youran Dairy Group Ltd. and its shareholder, private equity firm PAG, have raised about HK$5 billion ($643 million) after pricing the dairy product maker’s Hong Kong initial public offering at ... ( read original story ...)
Hong Kong’s monetary authority discusses its plans for potential e-Hong Kong dollar
A potential e-Hong Kong dollar would be "a supplement rather than a replacement" for other payment methods, says Hong Kong Monetary Authority's Howard Lee. ( read original story ...)
Hana Bank forms Indonesian internet-only bank with Line
Bank KEB Hana Indonesia and Line have formed an internet bank in Indonesia, with services available from June 10. ( read original story ...)
HSBC chooses duo to lead Asia growth charge as Wong bows out
HSBC on Monday named David Liao, head of global banking for the Asia-Pacific, and India CEO Surendra Rosha as co-CEOs for the Asia-Pacific with immediate effect. The pair will replace Wong, who has ... ( read original story ...)
China Youran Dairy raises $643 mln in Hong Kong IPO – sources
China Youran Dairy Group 9858.HK raised $643 million in its Hong Kong initial public offering (IPO) by pricing its shares at the bottom of an indicated price range at HK$6.98 each, according to two ... ( read original story ...)
Hong Kong Bourse May Snap Lengthy Losing Streak
The Hong Kong stock market has finished lower in seven straight sessions, sinking more than 730 points or 2.4 percent along the way. The Hang Seng Index now rests just beneath the 28,740-point plateau ... ( read original story ...)
Huawei’s Meng Wanzhou wants HSBC evidence kept secret in Canadian extradition battle
The Huawei executive’s lawyers seek a publication ban on the ‘copious’ documents, obtained as a result of a Hong Kong lawsuit, while Canadian government lawyers will oppose secrecy. ( read original story ...)
Hong Kong announces plan for all banks to go fintech by 2025
The HKMA has announced plans to ensure all banks are transformed into fintech facilities through the ‘Fintech 2025’ strategy. ( read original story ...)
Hong Kong considers own centralised digital currency
The Hong Kong Monetary Authority (HKMA) is exploring whether to launch a centralised digital currency as part of the country's "Fintech 2025" strategy". The HKMA will soon begin a comprehensive study ... ( read original story ...)
Hong Kong stocks erase gains as China passes secretive anti-sanctions law
Hong Kong stocks surrendered gains after China passed an anti-sanctions law that provided legal backing for Beijing’s measures to counter foreign sanctions, potentially raising the temperatures on ... ( read original story ...)
Email Alert – Phishing email related to DBS Bank (Hong Kong) Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by DBS Bank (Hong Kong) Limited relating to a phishing email, which has been reported to the ... ( read original story ...)