Tag: finance

HSBC Holdings PLC expects to achieve double-digit asset growth in its newly combined wealth business in Asia Pacific in the next three years, as it looks to grab a bigger share of the growing rich ... ( read original story ...)

China's leaders will convene for their annual People's Congress, during which they will discuss the status of Hong Kong and whether to push forward with their rebuffed attempts to impose upon that ... ( read original story ...)

Hong Kong is not part of the top three listing venues globally for the first time in six years, as a slow start to 2020 has weighed on initial public offering activity. ( read original story ...)

Nasdaq is set to unveil new restrictions on initial public offerings that could make it harder for some Chinese companies to list in the U.S. Is this the next step in the decoupling of China and the U ... ( read original story ...)

The Hong Kong stock market has tracked higher in consecutive trading days, soaring almost 600 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 24,390-point plateau ... ( read original story ...)

Citigroup, HSBC, and other Asian incumbents have been rapidly upgrading their digital channels as the coronavirus pandemic restricts branch access. ( read original story ...)

Hong Kong’s stock exchange is looking at speeding up the process of getting initial public offerings from pricing to trading, a move that would bring the world’s biggest listing market more in line ... ( read original story ...)

China's banking and insurance regulator has started an investigation into Bank of China's (BoC) recent loss on a crude oil-linked product, the central bank publication Financial ... ( read original story ...)

“The Hang Seng Index, as the signature index of Hong Kong, will catch up on this trend ... Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference. ( read original story ...)

Commonwealth Bank of Australia is currently down 33% from its early 2020 peak, and near a 7 year low, after collapsing in early 2020 due to the coronavirus. CBA ... ( read original story ...)

Citigroup Inc. said it will allow an additional 600 staff to resume working from their Hong Kong premises on Wednesday after the city relaxed social-distancing curbs amid an overall reduction in the ... ( read original story ...)

The Hong Kong stock market has finished lower in four straight sessions, sliding more than 800 points or 3.4 percent along the way. The Hang Seng Index now sits just beneath the 23,800-point plateau ... ( read original story ...)

SYDNEY (Reuters) - The Reserve Bank of New Zealand (RBNZ) said on Monday it has registered Industrial and Commercial Bank of China Ltd (ICBC) (601398.SS) (1398.HK), the world’s biggest commercial ... ( read original story ...)

Hong Kong’s cash handout included in a host of relief measures promised by the government could be received by eligible recipients as early as July, Financial Secretary Paul Chan said. ( read original story ...)