Tag: finance

Bank’s chief executive, Noel Quinn, claims business not in position to question police requests ... ( read original story ...)

U.K. lawmakers accused HSBC CEO Noel Quinn of appeasing China and ignoring the erosion of democracy and rule of law in Hong Kong, where the bank was founded more than 150 years ago. ( read original story ...)

The proposal underscores the continuous search for the next paradigm shift in China’s capital markets, three decades after the Shanghai and Shenzhen exchanges became synonymous with the nation’s ... ( read original story ...)

Asian equities were largely higher with Hong Kong growth stocks on high volumes twice the 1-year average and Korea outperforming to the upside. Tencent gained +10.93% as investors realized that ... ( read original story ...)

The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. ( read original story ...)

Kuaishou Technology, the operator of China’s most popular video service after ByteDance Ltd.’s Douyin, is seeking to raise as much as $5.4 billion in the world’s biggest internet initial public ... ( read original story ...)

HSBC Holdings Plc’s Chief Executive Officer Noel Quinn is set to appear before the U.K. Parliament Foreign Affairs Committee to answer questions over the lender’s moves to freeze accounts of activists ... ( read original story ...)

Chinese video-clip and live-streaming group Kuaishou Technology is seeking to raise up to $5.4 billion from an initial public offering, joining a string of tech companies from China that have listed ... ( read original story ...)

Chinese short video startup Kuaishou is said to be targeting $5.4 billion in a Hong Kong share sale. It’s said to be one of the biggest internet IPOs since Uber. Bloomberg’s Julia Fioretti reports on ... ( read original story ...)

Foreign Affairs Committee is expected to question bank CEO Noel Quinn and chief compliance officer Colin Bell over the matter on Tuesday. ( read original story ...)

Bank of America estimates outflows could reach $36 billion this year as anxious Hong Kong residents reassess their options ... ( read original story ...)

China's Kuaishou, the country's number two short-form video platform, is set to hit the public markets in the next week or two. Although Kuaishou is China's second-place platform behind Douyin, which ... ( read original story ...)

Self-exiled former Hong Kong opposition lawmaker Ted Hui Chi-fung said he had given evidence related to the freezing of his HSBC accounts to the British parliament, ahead of a meeting on Tuesday to ... ( read original story ...)

Paul Chan says the government has been supporting the use of new technology – such as touchless lift panels – to fight the pandemic. ( read original story ...)