Tag: ipo

HSBC Holdings Plc’s private-banking unit was fined a record HK$400 million ($51 million) over sales of structured products linked to Lehman Brothers Holdings Inc. in Hong Kong. HSBC Private Bank (Suisse) SA will have its license to advise on securities ... ( read original story ...)

Hong Kong’s financial secretary said on Tuesday that he wanted researchers from the city who go to the mainland to develop new technology to be exempted from paying tax there. But Paul Chan Mo-po admitted that the response to that idea in Beijing had ... ( read original story ...)

HSBC Private Bank (Suisse) has been fined a record HK$400 million (US$51.2 million) by the Securities and Futures Commission, after losing its appeal against a 2015 ruling for misconduct relating to the sale of structured products linked to Lehman Brothers. ( read original story ...)

SFC originally imposed HK$605 million penalty on HSBC HSBC Holdings Plc’s private-banking unit was fined HK$400 million ($51 million) over sales of structured products linked to Lehman Brothers Holdings Inc. in Hong Kong, a smaller penalty than the city ... ( read original story ...)

A finance company director killed his mistress and successfully sneaked the body out of her flat only for it never to be found, prosecutors told a Hong Kong court on Monday. Opening the murder trial of Ivan Chan Man-sum, lawyer Anna Lai Yuen-kee SC said ... ( read original story ...)

Wall, N.J., Nov. 20, 2017 (GLOBE NEWSWIRE) BIO-key International, Inc. (NASDAQ:BKYI), an innovative provider of biometric software and hardware systems and consumer products offering strong, convenient security and user access, today announced the ... ( read original story ...)

Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. ( read original story ...)

Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. ( read original story ...)

Hong Kong stocks hit a fresh 10-year high on Thursday ... according to a gauge tracking the price gap between the two markets compiled by Hang Seng Bank. In the mainland, the Shanghai Composite added 0.4 per cent, or 12.33 points, to 3,427.79. ( read original story ...)

When it comes to technology in financial services, the pace of change in mainland China has been rapid, as shown by the latest flood of tech Chinese firms seeking to list in Hong Kong. HSBC is also embracing fintech in its mainland China operations ... ( read original story ...)

Bank of China (3988) is to transfer its business in Vietnam and Philippines to BOC Hong Kong (2388). BOCHK will expand its business to the ASEAN region through the proposed transfer, enhancing the bank's regional customer service capabilities, boosting ... ( read original story ...)

In its comment at a forum on Nov. 10, 2017, Hong Kong’s Secretary for Financial Services and the Treasury, James Henry Lau, claimed that Blockchain could greatly reduce the huge input of human resources and time that trade financing generally requires. ( read original story ...)

HONG KONG, CHINA / ACCESSWIRE / November 14 ... today announced its third quarter 2017 financial results. For the three months ended September 30, 2017, Takung reported $3.4 million in total revenue and net income of $0.03 million, or $0.00 diluted ... ( read original story ...)

Total shareholders' equityof China Finance Online was $61.8 million as of September 30, 2017. Rifa receives licenses for asset management and investment advisory in Hong Kong (Type 4, 5, 9 licenses) The Company's wholly owned subsidiary, Rifa Asset ... ( read original story ...)