To replace Guy Harvey-Samuel, the bank has elevated an HSBC veteran to lead the Singapore arm. As the Hongkong and Shanghai Banking Corporation seeks to capture ASEAN business and deepen Singapore's r... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) recover their poise after Fed jolt
South Korea’s Kospi, which reopened after a national holiday, added 0.7 percent to 2,355.43. ’s Hang Seng index slipped 0.4 percent to 27,715.67. The Shanghai Composite Index lost 0.5 percent to 2,791 ... ( read original story ...)
SFC is “Anxious” to Implement Cryptocurrency Regulation in Hong Kong
Hong Kong’s Securities and Futures Commission (SFC) is anxious to implement formal cryptocurrency regulations, the outgoing chairman Carlson Tong Ka-shing told the South China Morning Post (SCMP), a H... ( read original story ...)
Hong Kong Via Poland and Puerto Rico: Bitfinex Hops to Another Bank
Bitfinex, cryptocurrency exchange and no stranger to headlines, has switched banks again. According to The Block, the exchange is now working through a private account at the Hong Kong Bank of Communi... ( read original story ...)
BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) Shorts Decreased by 0.74% After Short Covering
The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 0.74% in short interest. BNKHF’s total short interest was 3.52M shares in October as published by FINRA. ... ( read original story ...)
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
Crypto exchange Bitfinex has reportedly moved its banking business to Hong Kong through a private account at Bank of Communications. Bitfinex has reportedly shifted its banking business to Hong ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower
Shares in Hong Kong rebounded on Friday after a global equity market rout saw the Hang Seng index fall 3.5 percent a day earlier, but ongoing concerns about the prospects for global trade and economic ... ( read original story ...)
HSBC appoints new president and CEO for PHL
Prior to this, he also worked in several roles for HSBC in countries like New Zealand, United Kingdom and Hong Kong. Mr. FitzGerald was HSBC’s regional chief operating officer in the United Arab Emira... ( read original story ...)
Global Equity Rout Derails IPOs From Spain to Hong Kong, India
OCC Cables Ltd. on Friday said it will no longer proceed with an IPO in Hong Kong due to adverse market conditions. Vehicle fleet operator LeasePlan Corp. fell victim on Thursday, citing market condit... ( read original story ...)
Global Equities’ Rout Derails IPO Plans From Spain to Hong Kong
The volatility in global equity markets derailed more companies’ plans for initial public offerings as stocks in Asia and Europe dropped on Monday and U.S. equity futures pointed to further declines. ... ( read original story ...)
Hong Kong is Rocking Fintech
Last month, CI reported on the fact that 29 entities have applied for the new Virtual Banking License in Hong Kong with more to follow. Digital banks, minus costly brick and mortar operations, will so... ( read original story ...)
Hong Kong’s securities regulator mulling over new rules for city’s cryptocurrency exchanges
Hong Kong’s Securities and Futures Commission (SFC ... Circle is notably backed by Chinese investors counting Bitmain, Baidu, Credit Ease, and investment bank Goldman Sachs. “Since we started the comp... ( read original story ...)
China’s Innovent Biologics looks to raise up to $422 million in HK IPO: sources
HONG KONG (Reuters) - Chinese biotech firm Innovent Biologics is looking to raise up to $422 million in its Hong Kong IPO, three sources said, in what could be the biggest biotech IPO in the financial ... ( read original story ...)
Hong Kong needs standardised privacy laws, improved data sharing protection to combat financial crime more effectively
Hong Kong, and other jurisdictions globally, need to standardise privacy laws and improve data sharing protection to combat financial crime in a more effective manner, said David Craig, chief executiv... ( read original story ...)