Tag: ipo

Standard Chartered Bank, PCCW, HKT, and Ctrip Finance have established a strategic joint venture to deliver a new standalone digital retail bank in Hong Kong. The joint venture will be conducted under ... ( read original story ...)

* BOC Hong Kong and ZhongAn-led JVs also win licences * HKMA says virtual banks will promote financial inclusion * Five more licences will be issued soon, says HKMA (Adds interview with ZhongAn ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong has issued online-only banking licences to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake ... ( read original story ...)

Fintech companies have won the battle of attaining license as the Hong Kong Monetary Authority has granted license to three virtual banks in the country. The move aims to disrupt the traditional ... ( read original story ...)

HONG KONG, March 27 (Reuters) - Hong Kong's banking regulator said on Wednesday it had issued online-only banking licenses to three companies, including joint ventures of Standard Chartered and BOC ... ( read original story ...)

Hong Kong blue chips were higher at the close today The Hang Seng Index added 0.56 percent, or 161.34 points at 28,728.25.China Construction Bank (0939) added 0.88 percent at HK$ 6.86.Insurer AIA ... ( read original story ...)

Hong Kong has issued its first batch of digital banking licences, giving a mix of traditional financial institutions and Chinese companies a chance to compete for a $15bn pot of retail banking ... ( read original story ...)

HONG KONG (Reuters) - Hong Kong has issued online-only banking licenses to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake up ... ( read original story ...)

HONG KONG (Reuters) - Bitmain Technologies, the world's largest designer of products for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering (IPO) lapse, ... ( read original story ...)

(Bloomberg) -- Cathay Pacific Airways Ltd. agreed to pay HK$2.25 billion ($287 million) in cash for Hong Kong’s only budget airline to enter the no-frills market, after more than a decade resisting ... ( read original story ...)

The Cathay Pacific/HSBC Hong Kong Sevens is one of the world’s premier festival weekends, with world-class rugby inside Hong Kong Stadium and outstanding entertainment at two fanzones across the city, ... ( read original story ...)

Standard Chartered hopes to make its proposed virtual bank in Hong Kong a key pillar of its digital strategy as the lender looks to streamline and grow its retail business in parts of Asia and Africa, ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation announced that the HSBC Mandatory Provident Fund - ValueChoice will be merged into the MPF - SuperTrust Plus, putting 20 constituent funds under one MPF ... ( read original story ...)

Chinese Bitcoin mining giant Bitmain Technologies is set to allow its IPO application on the Hong Kong Stock exchange to lapse tomorrow, six months after it filed a draft prospectus. Originally, the ... ( read original story ...)