Tag: finance

Photo Composite: Crystal Tai Global banking giant HSBC Holdings PLC will move four senior bankers from London to Hong Kong to boost its strategy of refocusing operations on Asia instead of Europe and ... ( read original story ...)

HSBC plans to move four of its senior executives to Hong Kong from London as CEO Noel Quinn bets big on future growth in Asia. The shift, which has been widely anticipated, would see Barry O'Byrne, ... ( read original story ...)

The changes mean businesses responsible for almost all of HSBC’s net revenue will be run out of Hong Kong. Europe's biggest bank said in February it planned to shift billions of dollars of investment ... ( read original story ...)

Dida Chuxing resubmitted its initial public offering application to the Hong Kong stock exchange yesterday, after the Chinese carpooling platform failed to advance on its first filing six months ago ... ( read original story ...)

ByteDance has more than doubled its internal valuation in a new stock option plan for employees, as strong performance by its short video-sharing platform TikTok raised optimism about its business ... ( read original story ...)

Hong Kong Land, the biggest landlord in Central has been experimenting with a more youthful aesthetic packed with ‘Instagram moments’ in some of the city’s iconic office buildings. ( read original story ...)

The app factory’s hiring of former Xiaomi executive Zhou Shouzi as chief financial officer was seen as a move to prepare for an IPO. ( read original story ...)

Mox Bank Limited (“Mox”) announced the launch of its ‘Mox Card with credit’ (“Mox Credit”). The world is changing. Your bank should too. That’s why together with Mastercard, we’ve designed the Mox ... ( read original story ...)

Hong Kong-based Prenetics Ltd., whose Covid-19 tests were used by the English Premier League, is also planning an IPO, Nikkei has reported. ( read original story ...)

The Hong Kong stock market on Tuesday snapped the two-day losing streak in which it had tumbled more than 550 points or 2 percent. The Hang Seng Index now sits just beneath the 28,500-point plateau ... ( read original story ...)

BOCHK Asset Management Limited (“BOCHKAM”) is a wholly owned subsidiary of BOC Hong Kong (Holdings) Limited, which is one of the largest listed companies and commercial banking groups in Hong Kong, ... ( read original story ...)

Now, after decades of positioning the territory as the front office for mainland China and prioritizing financial and business services, Hong Kong’s leadership is offering billions of dollars in ... ( read original story ...)

Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong. Even before news of the revamp, sources told Reuters ... ( read original story ...)

Trip.com has priced its Hong Kong initial public offering at HK$268, a 2 per cent discount to its New York closing price overnight, which will see it raise about US$1.1 billion, below its initial ... ( read original story ...)