HSBC Hong Kong completed a pilot digital trade finance transaction for Smart Chain whose ERP system has been integrated with eTradeConnect. ( read original story ...)
Hong Kong’s Financial System Has Never Faced a Test Like Ant
Hong Kong’s newfound position as the market of choice for huge Chinese stock sales is being put to the test by Ant Group Co. ( read original story ...)
Hong Kong bans retail trading of digital currencies, requires crypto exchanges to be licensed in crackdown on fraud, money-laundering
Retail investors will no longer be allowed to trade on virtual-asset exchange platforms under proposed new rules which will also require all operators to be licensed by the watchdog, government ... ( read original story ...)
Hong Kong may sell bills to mop up excess cash sloshing in the city’s financial system after Ant’s record-breaking stock sale
While excess liquidity is not a problem in most parts of the world right now, Hong Kong’s open capital borders and pegged currency make it vulnerable to fund flows in and out of the city. ( read original story ...)
Hong Kong Seen Selling Bills to Mop Up Cash After Ant’s IPO
Hong Kong’s central bank is expected to sell extra debt to soak up liquidity as funds return to the financial system following Ant Group Co.’s initial public offering. ( read original story ...)
Higher Open Anticipated For Hong Kong Bourse
The Hong Kong stock market on Monday wrote a finish to the four-day slide in which it had tumbled more than 810 points or 3.3 percent. The Hang Seng Index now rests just above the 24,460-point plateau ... ( read original story ...)
Hong Kong Seen Selling Bills to Mop Up Liquidity After Ant’s IPO
Hong Kong’s central bank is expected to sell extra debt to soak up liquidity as funds return to the financial system following Ant Group Co.’s initial public offering. Heated demand for the share sale ... ( read original story ...)
Analysis: Fin or tech? China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank
China's Ant Group, about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it - a financial colossus or a tech giant? ( read original story ...)
BOC Hong Kong (BHKLY) and Its Rivals Financial Comparison
BOC Hong Kong (OTCMKTS: BHKLY) is one of 74 public companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare BOC Hong Kong to ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Down 31.5% in October
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 6,300 ... ( read original story ...)
Jack Ma Summoned by China Financial Regulators on Eve of Ant IPO
Four Chinese regulators including the central bank and banking watchdog invited billionaire Jack Ma and Ant Group Co.’s top executives to a supervisory interview on Monday, a rare meeting with ... ( read original story ...)
Chinese Regulators Summon Ant Leaders Amid Record IPO
China’s central bank and its securities, banking and foreign-exchange regulators met on Monday with Jack Ma and the top executives of Ant Group., ahead of the fintech giant’s record-breaking IPO later ... ( read original story ...)
Ant Group’s Financially Inclusive Blockbuster IPO
Ant Group from the beginning has sought to be financial inclusive through its wealth management products and lending. Its IPO was no different. ( read original story ...)
Ant IPO: how US-China trade tensions are driving foreign investment in world’s largest public offering
Foreign investors’ appetite for pipeline of Chinese technology IPOs seems to be growing despite threat of US financial sanctions, but analysts say it is unclear how long the window of opportunity may ... ( read original story ...)