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Tag: finance

Posted on 12/11/2020

MOVES-JPMorgan names Rita Chan as Asia head of real estate banking – memo

JPMorgan has hired Rita Chan to lead its real estate investment banking business for Asia, excluding Japan, according to an internal memo seen by Reuters. ( read original story ...)

Posted on 12/11/2020

Editorial: Those who profit in Hong Kong must speak up in its defence

The latest crackdown on dissent in the territory should trouble the conscience of those businesses who enjoy such prosperity in the once-free Hong Kong. ( read original story ...)

Posted on 12/11/2020

Asia-Pacific stocks mixed as Chinese tech shares in Hong Kong plunge

Hong Kong-listed shares of Chinese tech giants Alibaba and Tencent will be watched on Wednesday. That comes after China’s antitrust regulators announced draft rules on Tuesday singling out “internet ... ( read original story ...)

Posted on 12/11/2020

In Hong Kong, the world’s mirror to Xi Jinping’s mind

China claims its Hong Kong national security law is designed only for counterterrorism, foreign espionage, and treason. ( read original story ...)

Posted on 11/11/2020

Hong Kong exchange operator backs decision to halt Ant’s record IPO

Hong Kong stock exchange, which missed out on the chance to host Ant Group's record $37 billion listing this month, believed the move to suspend the IPO was the right one and hoped the Chinese fintech ... ( read original story ...)

Posted on 11/11/2020

Hang Seng Bank (OTCMKTS:HSNGY) Stock Rating Upgraded by ValuEngine

Hang Seng Bank (OTCMKTS:HSNGY) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Wednesday, ValuEngine reports. HSNGY has been the ... ( read original story ...)

Posted on 11/11/2020

World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin

China Construction Bank (CCB) has tapped Hong Kong-based digital asset exchange Fusang for the issuance of $3 billion-worth of debt securities over a blockchain. According to a Wednesday report by the ... ( read original story ...)

Posted on 11/11/2020

China Construction Bank sells US$3 billion worth of debt on blockchain

China Construction Bank has partnered with Hong Kong-based fintech company Fusang to launch the sale of US$3 billion worth of debt on a blockchain, the first digital security issued by a Chinese bank ... ( read original story ...)

Posted on 11/11/2020

Hong Kong shares slip, tech index falls most in nearly 12 years on regulatory woes

Hong Kong-listed tech giants fell after China published ... The biggest loser on the Hang Seng was Alibaba, which fell 9.8%. ** Hang Seng’s financial sector ended 1.61% higher, the property ... ( read original story ...)

Posted on 11/11/2020

Hong Kong ousts 4 pro-democracy lawmakers as China cements control

The decreasingly autonomous city's leaders quickly seized upon new powers granted by Beijing to sack lawmakers deemed a security threat. ( read original story ...)

Posted on 11/11/2020

Critical Survey: BOC Hong Kong (BHKLY) vs. Its Rivals

BOC Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its peers? We will compare BOC Hong Kong ... ( read original story ...)

Posted on 11/11/2020

China’s banking regulator urges enhanced anti-monopoly scrutiny in financial sector

The remarks by Liang Tao, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC ... focused on e-commerce sites and payment services at the likes of Alibaba Group 9988.HK. They ... ( read original story ...)

Posted on 11/11/2020

Milbank Lands Magic Circle Hong Kong Trio in Major Asia Push

Clifford Chance's Andrew Whan and Neeraj Budhwani and Linklaters' Davide Mencacci are the latest to move to a U.S. firm. ( read original story ...)

Posted on 11/11/2020

Bridgewater’s Dalio supports Ant IPO suspension, bullish on China

Ray Dalio, founder of Bridgewater Associates, expressed support on Wednesday for China's abrupt decision to suspend Ant Group's record $37 billion listing, citing the need to curb risks from financial ... ( read original story ...)

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