Hong Kong police dispersed groups of protesters on Sunday, preventing them from gathering and marching through the Kowloon district. ( read original story ...)
UBS seeks China digital bank licence as part of plan to turbocharge growth and slash costs
Swiss bank UBS aims to create a digital banking platform that could slash costs and spur growth, but its plan hinges on securing a licence in mainland China to kick-start the project.Edmund Koh, who ... ( read original story ...)
Kingsoft Cloud Jumps in First Big U.S. IPO Since Luckin Fall
Kingsoft Cloud Holdings Ltd. rose 40% in the first major trading debut by a Chinese company since the accounting scandal at Luckin Coffee Inc. ( read original story ...)
Hong Kong Exchanges and Clearing Limited Just Missed EPS By 18%: Here’s What Analysts Think Will Happen Next
Hong Kong Exchanges and Clearing Limited just released its latest quarterly report and things are not looking great. It wasn't a great result overall - while revenue fell marginal ... ( read original story ...)
3 Days Left Until Bank of Tianjin Co., Ltd. (HKG:1578) Trades Ex-Dividend
Readers hoping to buy Bank of Tianjin Co., Ltd. (HKG:1578) for its dividend will need to make their move shortly, ... ( read original story ...)
Hong Kong has lost out on rich people’s fresh funds to Singapore so far this year, existing deposits stay put, UBS says
As Asia’s rich contemplate where to place their nest eggs, most have overwhelmingly chosen Singapore over rival international financial centre Hong Kong so far this year, according to the region’s ... ( read original story ...)
Hong Kong’s Bourse Co-Head of IPO Vetting Lin Shi Resigns
Hong Kong Exchanges & Clearing Ltd.’s co-head of initial public offering vetting, Lin Shi, resigned, according to an internal memo. ( read original story ...)
Breakingviews – China’s big banks socially distance from economy
Big Chinese banks are a bit too socially distant from their own virus-stricken economy. Industrial and Commercial Bank of China – the world’s largest lender by assets – and its hulking peers grew ... ( read original story ...)
Kingsoft Cloud Jumps in First Big U.S. IPO Since Luckin Scandal
Kingsoft Cloud Holdings Ltd. rose as much as 34% after raising $510 million in the first major listing of a Chinese company in the U.S. since the accounting scandal at Luckin Coffee Inc.Shares of the ... ( read original story ...)
Chinese cloud company Kingsoft picks an uncertain time for its $510 million IPO
Kingsoft Cloud, one of China's top cloud services providers, is expected to make its Wall Street debut Friday even as markets are roiled by the coronavirus pandemic. US investors are also wary of ... ( read original story ...)
Hong Kong has lost out on rich people’s fresh funds to Singapore so far this year, UBS says
Ultra-wealthy people have placed more fresh funds in Singapore than Hong Kong this year, the region’s largest wealth manager says. ( read original story ...)
Hong Kong stocks climb on financial opening, easing trade tensions
Hong Kong stocks rose on Friday, in line with gains on the mainland, as investors cheered Beijing opening up its financial markets further to foreign investors and talks between U.S. and Chinese trade ... ( read original story ...)
Kingsoft IPO raises $510M, in first China IPO in US since coronavirus outbreak
Chinese cloud computing company Kingsoft Cloud Holdings Ltd raised $510 million in its U.S initial public offering, the first Chinese company to list in the United States since the coronavirus ... ( read original story ...)
Hong Kong Bourse Likely To Reclaim 24,000-Point Mark
The Hong Kong stock market on Thursday snapped the two-day winning streak in which it had gathered more than 520 points or 2.2 percent. The Hang Seng Index now sits just above the 23,980-point plateau ... ( read original story ...)