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Tag: finance

Posted on 30/05/2021

Quorn-Maker’s IPO Has Top Funds Ditching Blue Chip Stocks

Food giant Monde Nissin Corp.’s record-breaking entry into the Philippine stock market is driving a shakeup that’s impacting everything from the nation’s consumer sector to holdings of some of the ... ( read original story ...)

Posted on 29/05/2021

Top Execs of HK Financial Firms Can Get Quarantine Exemption

Hong Kong senior executives of financial companies and their overseas affiliates who are fully vaccinated can now apply for an exemption from the three-week compulsory quarantine, the markets watchdog ... ( read original story ...)

Posted on 29/05/2021

JD Logistics’ HK IPO escalates sector competition: Futu analyst JD Logistics’ HK IPO escalates sector competition: Futu analyst

The successful debut of JD Logistics (JDL), the logistics arm of e-commerce company JD.com, on the Hong Kong Stock Exchange on Friday will change the competition landscape of the logistics red ocean ... ( read original story ...)

Posted on 29/05/2021

HK’s digital bank upstarts years away from profits

HONG KONG • Hong Kong's virtual banks are facing years of red ink after making limited inroads against their bricks-and-mortar rivals in the financial hub.. Read more at straitstimes.com. ( read original story ...)

Posted on 29/05/2021

Hong Kong Stock Exchange To Modify Profits-based Listing Eligibility Requirements To Combat IPO-Related Misconduct.

The Hong Kong Stock Exchange is to increase the profit requirement for companies seeking to list on the Main Board of the Stock Exchange by 60%. This is a smaller increase than was initially proposed ... ( read original story ...)

Posted on 28/05/2021

Gains for JD Logistics fizzle in Hong Kong IPO, after surging as much as 18% earlier

JD Logistics' vast network of warehouses and delivery workers in China have given JD.com a competitive edge against its rival Alibaba. ( read original story ...)

Posted on 28/05/2021

Hong Kong Warns HSBC, Citi Bankers of Jail Over Lai Accounts

Hong Kong authorities sent letters threatening media tycoon Jimmy Lai’s bankers with as many as seven years in jail if they deal with any of his accounts in the city. ( read original story ...)

Posted on 28/05/2021

JD Logistics Gains on Debut After $3.2 Billion Hong Kong IPO

JD Logistics Inc. rose 14% on its first day of trading after raising $3.2 billion in Hong Kong’s second-largest initial public offering this year. ( read original story ...)

Posted on 28/05/2021

Hong Kong: Virtual Bank Airstar Launches SME Banking

Airstar, one of a select few digital banks approved by Hong Kong regulators, has announced SME banking services. AirStar states that following its launch in the summer of 2020 it has experienced a ste ... ( read original story ...)

Posted on 28/05/2021

Digital Bank Upstarts Are Years Away From Profits in Hong Kong

Hong Kong’s virtual banks are facing years of red ink on the bottom line after making limited inroads against their brick-and-mortar rivals in the financial hub. ( read original story ...)

Posted on 28/05/2021

Hong Kong Security Chief Warns Citigroup, HSBC Against Dealings With Pro-Democracy Tycoon

Hong Kong’s security chief told units of Citigroup and HSBC that their employees could face jail time if they deal with the accounts or assets of the pro-democracy newspaper owner. ( read original story ...)

Posted on 28/05/2021

HSBC, Citi Warned of Jail Over Lai Accounts, Reuters Reports

Reuters reported. Lee’s office didn’t immediately respond to calls and emails for comment on Thursday. An aide to Lai didn’t immediately respond to a request for comment. A Citigroup spokesman said in ... ( read original story ...)

Posted on 28/05/2021

Hong Kong threatens to jail HSBC bankers handling Jimmy Lai’s accounts

The Apple Daily owner has emerged as one of the highest profile targets of the territory's new national security law ... ( read original story ...)

Posted on 28/05/2021

Hong Kong HSBC and Citibank bankers threatened with prison if they deal with billionaire Jimmy Lai’s accounts

Hong Kong HSBC and Citibank branches have been sent letters by the city's security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to ... ( read original story ...)

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