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Tag: finance

Posted on 20/02/2021

Jack Ma’s Ant Group was the next big thing. Now it may become just a boring bank

Jack Ma's Ant Group quickly became one of China's most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the day. ( read original story ...)

Posted on 20/02/2021

Will dogs of Hong Kong’s Hang Seng Index shine after rough 2020?

Cash-rich Hong Kong residents are fleeing political repression, as mainland China clamps down on the special administrative region. Beijing introduced a national security law in 2020, following mass ... ( read original story ...)

Posted on 19/02/2021

Y Intercept Hong Kong Ltd Takes $221,000 Position in Bank of America Co. (NYSE:BAC)

Y Intercept Hong Kong Ltd acquired a new stake in Bank of America Co. (NYSE:BAC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange ... ( read original story ...)

Posted on 19/02/2021

Hong Kong reels in public broadcaster as media clampdown intensifies

The director of RTHK, the only publicly funded broadcaster on Chinese soil, was replaced after a government review slammed editorial “deficiencies.” ... ( read original story ...)

Posted on 19/02/2021

Hong Kong revamp of public broadcaster renews press freedom fears

Hong Kong authorities have ordered sweeping changes to the city’s public broadcaster, a move denounced by critics as the latest step in a crackdown on freedom of expression in the territory. Radio ... ( read original story ...)

Posted on 19/02/2021

Breakingviews – Hong Kong’s fate hangs on demographic fallacy

Hong Kong’s financial capital may be plentiful, but its stock of human capital is stressed. Despite the city’s rapidly aging society, leader Carrie Lam is pushing young residents to seek work across ... ( read original story ...)

Posted on 19/02/2021

China, Hong Kong stocks drop as policy tightening fears weigh

China and Hong Kong stocks dropped on Friday, as investors fret over liquidity conditions following a report that the China central bank was focusing more on money market interest rates than the size ... ( read original story ...)

Posted on 19/02/2021

Stock Trading in Hong Kong has Increased Significantly Compared to Volumes Reported Recently by London Stock Exchange

Stock trading in Hong Kong has increased significantly compared to volumes reported recently by London Stock Exchange. ( read original story ...)

Posted on 19/02/2021

Y Intercept Hong Kong Ltd Makes New $277,000 Investment in Royal Bank of Canada (NYSE:RY)

Y Intercept Hong Kong Ltd bought a new stake in Royal Bank of Canada (NYSE:RY) (TSE:RY) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The ... ( read original story ...)

Posted on 19/02/2021

Chinese Commercial Bank Tests Biometric Hardware Wallet for Digital Yuan Payments

The Postal Savings Bank of China (PSBC), a Chinese commercial bank, has created another hardware wallet for digital yuan payment, as part of China’s efforts to carry out large-scale trials for its ... ( read original story ...)

Posted on 19/02/2021

Sensex drops over 250 pts in early trade; Nifty below 15,050 pts: PowerGrid, ICICI Bank, NTPC, Bajaj Auto, Maruti, Bajaj Finance, SBI drag the market

Equity benchmark Sensex dropped over 250 points in early trade on Friday tracking losses in banking and financial stocks amid negative cues from global markets. The 30-share BSE index was trading 281. ( read original story ...)

Posted on 19/02/2021

Direct Bank Market to Witness Massive Growth by N26 Bank, Pockit, Ubank

Stay up-to-date and exploit latest trends of Direct Bank Market with latest edition released by AMA. Direct Bank Market Comprehensive Study is an expert and top to bottom investigation on the momentum ... ( read original story ...)

Posted on 19/02/2021

Hong Kong’s Tenacity Gets Green Light to Develop 33-Storey London Tower

Hong Kong-based developer Tenacity has been approved to build 70 Gracechurch Street, an office tower in the City of London. ( read original story ...)

Posted on 19/02/2021

Hong Kong Exchange Probes Multiple Orders for Hot IPO

Hong Kong’s stock exchange is probing whether investors violated rules by placing multiple subscriptions to improve their odds of participating in the initial public offering of New Horizon Health Ltd ... ( read original story ...)

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