In recent years, Hong Kong’s banking industry has focused on business expansion in the Guangdong-Hong Kong-Macao Bay Area as well as fintech innovation. Bank of China (Hong Kong) (BOCHK) implements th... ( read original story ...)
This Biotech Just Had a $903 Million IPO—And It’s Disappointed
BeiGene, which debuted to a $158 million public offering on the NASDAQ back in 2016, just had its secondary IPO on the Hong Kong exchange HKEX. It raised a whopping $903 million, according to Reuters, ... ( read original story ...)
Comparing HANG SENG Bk Lt/S (HSNGY) and HDFC Bank (HDB)
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institution... ( read original story ...)
Chong Sing seeks Hong Kong virtual bank licence, targets AI-backed wealth services
Chong Sing Holdings FinTech, an online lending and payment operator that has been focusing on China and Southeast Asia, will apply for a virtual banking licence in Hong Kong as it seeks to expand into ... ( read original story ...)
Hong Kong stocks fall to 10-month low on latest trade fears
Hong Kong stocks fell to a 10-month low on Thursday after President Donald Trump instructed his trade tsar to consider increasing the proposed tariffs on some $200bn in annual imports from China. Mr T... ( read original story ...)
BRIEF-Hong Kong Finance Investment Holding Group Post HY Profit From Cont Ops HK$3.27 Bln
July 31 (Reuters) - Hong Kong Finance Investment Holding Group Ltd: * HY PROFIT FROM CONTINUING OPERATIONS HK$3.27 BILLION VERSUS HK$115.7 MILLION * HY REVENUE FROM CONTINUING OPERATIONS HK$137.6 MILL... ( read original story ...)
Giant Telecom IPO in Hong Kong Gets Weak Reception
Hong Kong’s biggest initial public offering in nearly two years drew a lukewarm response from global investors, casting some doubt on the prospects for other major coming listings. China Tower Corp. p... ( read original story ...)
Giant Telecoms IPO in Hong Kong Gets Weak Reception
Hong Kong’s biggest initial public offering in nearly two years drew a lukewarm response from global investors, casting some doubt on the prospects for other major coming listings. China Tower Corp. p... ( read original story ...)
China Tower raises $6.9 billion in world’s largest IPO in two years: sources
HONG KONG (Reuters/IFR) - China Tower Corp Ltd (0788.HK) has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, four people close to the deal sai... ( read original story ...)
Commentary: Once the Pearl of the Orient, Hong Kong poised to regain its shine
The pace of innovation in Hong Kong’s banking sector has ramped up and the wider adoption of FinTech may help the Pearl of the Orient shine brightly once again, says one observer. Bubbles are seen in ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks close 0.52 pct lower
Hong Kong stocks opened lower on Tuesday, following a negative lead from Wall Street as US tech equities tumbled and amid trepidation ahead of key central bank meetings this week. In early trading, th... ( read original story ...)
Hang Seng Bank : Launches WeChat Official Account with Notification Service for SME and Commercial Customers
Hang Seng Bank will roll out ... to receive mobile reminders from the Bank without relying on SMS, which should prove particularly useful for customers whose business frequently takes them outside Hon... ( read original story ...)
China’s Sinochem Energy files for $2 billion Hong Kong listing
HONG KONG (Reuters) - Sinochem Energy, a unit of China’s state-owned Sinochem Group, has filed for a Hong Kong initial public offering (IPO) of about $2 billion, as the group seeks to raise capital am... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) caution ahead of the policy statement of Bank of Japan’s two-day meeting due on Tuesday
Hong Kong share market were lower on Monday, 30 July 2018, following Wall Street’s downbeat finish last week and on caution ahead of the policy statement of Bank of Japan’s two-day meeting due on Tues... ( read original story ...)