Tag: ipo

The government has granted Hang Seng Management College university status, making it the second private university in Hong Kong. The private education institution will be renamed the Hang Seng Univers... ( read original story ...)

Hang Seng University of Hong Kong will not raise its tuition fees significantly in the near future after it was promoted from a college to a university, its senior management said on Wednesday. “We wi... ( read original story ...)

Hong Kong blue chips ended lower today. The benchmark Hang Seng Index shed 0.38 percent, or, 94.41 points at 24,812.04 at the close. Shares in Tencent Holdings (0700) lost 0.08 percent at HK$259.80. H... ( read original story ...)

That came after the bank kept rates on hold - at 0.75% ... And Asian markets followed the US higher as well, with Shanghai’s Composite index up 1.5% while Hong Kong’s Hang Seng gained 1.5%, putting as... ( read original story ...)

South Korea also slumped, but markets in Hong Kong, Australia and India all gained ... while the Japanese benchmark was less decisive as earnings dominated news flow. Elsewhere, Hang Seng (-0.2%) and ... ( read original story ...)

Most economists expect ECB President Mario Draghi to say the bank will stick to plans to end stimulus this ... (Unch) closed little changed and Hang Seng (-1.2%) saw firm losses with Cathay Pacific sh... ( read original story ...)

The European Central bank has left monetary policy unchanged as expected ... In Asia, Japan’s Nikkei slid 786 points or 3.5% to 21,302 while Hong Kong’s Hang Seng was 2.09% lower at 24,709 and the Sha... ( read original story ...)

Watch out HSBC Holdings Plc. The digital banking revolution is coming for all the easy money the UK-based bank has long taken for granted. Hong Kong was HSBC’s birthplace as the Hongkong ... ( read original story ...)

Hong Kong’s Hang Seng index surged 4.21 percent by Friday’s close following a report that U.S. President Donald Trump has asked officials in his administration to start drafting a potential trade deal ... ( read original story ...)

Hong Kong’s appeal as a virtual banking hub will soon be put to the test, as the first round of licence approvals – due by the end of the year – will enable new competition in a city that ranks as one ... ( read original story ...)

Other major banks who participated in the development of the platform – facilitated by Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA) – included Agricultural Bank of China ... ( read original story ...)

DBS and OCBC are regional pioneers in fintech and innovation. Singapore retained the top spot in Asia's' open banking readiness index amidst proactive decisions by the city state's regulators to embra... ( read original story ...)

The planned bill sale by the People’s Bank of China (PBOC) in Hong Kong next week, the central bank’s first step towards creating a offshore monetary policy, will improve market transparency and help ... ( read original story ...)

The aim of eTrade Connect, as it is called, is to modernise the world’s trade finance network, which was worth around $9 trillion in 2017. Despite its size, the market is outdated and largely paper-ba... ( read original story ...)