Tag: finance

WeLab Bank designed, built and launched using cloud-native Temenos Transact in less than 10 months WeLab offers next generational digital services for the 7.5m people in Hong Kong to access from their ... ( read original story ...)

Ant Group — the crown jewel of billionaire Jack Ma's tech empire — is one step closer to its highly anticipated market IPO in Shanghai and Hong Kong. ( read original story ...)

Hong Kong-listed shares of BYD Co Ltd rose as much ... the head of the central bank Yi Gang said on Wednesday. ** China’s main Shanghai Composite index closed down 0.38% at 3,312.50, while ... ( read original story ...)

HSBC, which counts Hong Kong as its biggest market, has been caught in a tough spot. The attack on the lions came after the bank closed an account linked to the city's pro-democracy movement in ... ( read original story ...)

The Hong Kong stock market has climbed higher in four straight sessions, surging more than 600 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 24,750-point plateau ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$5.425 billion ($700 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)

Jack Ma’s Ant Group Co. got the green light from China’s securities watchdog for its initial public offering in Shanghai, clearing another hurdle as the Chinese fintech giant tries to complete its ... ( read original story ...)

China shares slipped on Wednesday, weighed down by property stocks on a gloomy outlook for the sector, while Hong Kong stocks rose for a fourth session as hopes of a new round of U.S. fiscal stimulus ... ( read original story ...)

HSBC Hong Kong has announced that its personal customers can now open an investment account 24/7 remotely without the requirement of visiting the bank’s branch. This especially holds significance in ... ( read original story ...)

“Hong Kong’s market pays great heed to profitability,” said HSBC Jintrust Fund Management in a report this week. “Earnings growth is prerequisite for a bull market. There’s no bull run before the ... ( read original story ...)

Red Hat, Inc., the world’s leading provider of open source solutions, today announced the winners of the Red Hat APAC Innovation Awards 2020 for Hong Kong. China CITIC Bank International Limited and 3 ... ( read original story ...)

The Hong Kong Monetary Authority sold HK$2.325 billion ($300 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)

HSBC Hong Kong unveiled its business management API platform – HSBC Smart Solution – specially designed for SMEs in the region. ( read original story ...)

Hong Kong shares ended higher for a fourth consecutive session on Wednesday, as hopes for a new round of U.S. fiscal stimulus and strong third quarter results due to China’s accelerated economic ... ( read original story ...)