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Tag: finance

Posted on 09/04/2021

Hong Kong government lashes out at unnamed countries for harbouring criminals

Apart from Law, a number of prominent activists have also fled charges in Hong Kong. They include fugitive ex-lawmaker Ted Hui Chi-fung, ousted pro-independence lawmaker Sixtus Ba ... ( read original story ...)

Posted on 09/04/2021

Hong Kong Virtual Bank ZA Bank Offers Personal Loans For Just 1.99% APR

In a move to boost clients, ZA Bank has launched a personal loan with a fixed rate of 1.99% APR. Additionally, new users can get HKD 400 cash rewards upon successful application at the virtual bank. Z ... ( read original story ...)

Posted on 09/04/2021

Nine detained in HK$900 million laundering bust in Hong Kong involving 300 bank accounts

Hong Kong police arrested nine people on suspicion of laundering more than HK$900 million (US$116 million) through 300 bank accounts over the past six months, part of which was conned from 55 victims ... ( read original story ...)

Posted on 09/04/2021

Stocks mixed as bond yields tick back up; bank stocks rise

NEW YORK (AP) — Stocks were slightly higher in early trading Friday, as a rise in bond yields helped lift the shares of energy and bank companies in the early going. Technology stocks, which have ... ( read original story ...)

Posted on 09/04/2021

MONOPOLY DREAMS(TM) Hong Kong Announces Winning Merit Award in Hong Kong Licensing Awards’ Best Licensee Awards Category

Upon entering the Ultimate Bank, visitors will be overwhelmed by ... please visit MONOPOLY DREAMS™ Hong Kong's official website: www.monopolydreams.com ... ( read original story ...)

Posted on 09/04/2021

Exclusive: China’s Didi picks Goldman, Morgan Stanley for mega U.S. IPO – sources

HONG KONG (Reuters) - China's top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this ... ( read original story ...)

Posted on 09/04/2021

Some Hong Kong lawmakers criticise plans to mask company directors’ data

Several Hong Kong lawmakers on Friday raised concerns that proposals to restrict public access to information about directors of companies could make it harder for trade unions, journalists and ... ( read original story ...)

Posted on 09/04/2021

Hong Kong Defends Plan To Reduce Corporate Database Transparency

A Hong Kong official on Friday defended plans to curb public access to company searches, a move transparency and media advocates have warned will hamper the exposure of shady corporate dealings. The ... ( read original story ...)

Posted on 09/04/2021

Fitch Revises Outlook on DBS Hong Kong’s IDR to Stable; Affirms ‘AA-‘ Rating

Fitch Ratings - Hong Kong - 09 Apr 2021: Fitch Ratings has revised the Outlook on DBS Bank (Hong Kong) Limited (DBSHK) to Stable from Negative and affirmed its Long-Term Issuer Default Rating (IDR) at ... ( read original story ...)

Posted on 09/04/2021

Fintech firm Linklogis opens 9.9% higher in Hong Kong IPO debut

Shares of Chinese fintech firm Linklogis Inc, which is backed by technology giant Tencent Holdings, opened 9.9% higher in their Hong Kong debut on Friday after the company raised $1.02 billion in its ... ( read original story ...)

Posted on 09/04/2021

Linklogis set to open 9.9% higher in Hong Kong IPO debut

Shares in Chinese fintech firm Linklogis Inc will open 9.9% higher at HK$19.32 ($2.48) each in its Hong Kong Stock Exchange debut Friday after raising $1.02 billion, data from the exchange showed. ( read original story ...)

Posted on 09/04/2021

Hong Kong Stock Market Draws Solid Lead For Friday

Hong Kong & China Gas added 0.33 percent, Industrial and Commercial Bank of China collected 0.18 percent, Longfor jumped 1.29 percent, Meituan perked 0.88 percent, New World Development lost 0.49 ... ( read original story ...)

Posted on 09/04/2021

Trip.com plans to raise USD1.4 billion in secondary Hong Kong IPO

With a second IPO Trip.com becomes the first travel company listed on both US and Hong Kong stock markets. Trip.com plans to use the proceeds from the HK public offering to fund expansion, invest in ... ( read original story ...)

Posted on 09/04/2021

HSBC UK Call Center Staff to Work Remote Permanently as Hong Kong Offices Reopen

More than 1,200 of HSBC’s United Kingdom-based call center staff will work from home permanently, while its Hong Kong offices reopen later this month. HSBC moved to make most of its call center staff ... ( read original story ...)

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