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 ...)
Central bank boss warns of moves
Chinese central bank governor Yi Gang said yesterday he still sees plenty of room for adjustments in interest rates and the reserve requirement ratio as downside risks from trade tensions with the Uni... ( read original story ...)
Hong Kong Banking
Global From Asia is all about O2O (online to offline) and one way we do this is through bringing our expert network – from the podcasts to videos to company reviews and putting them in your reach at o... ( read original story ...)
HK equities to see more downside as yuan weakens
The People’s Bank of China announced last Sunday that it was cutting ... A weaker yuan bodes ill for the earnings of many listed companies in Hong Kong. According to their financial reports, around 1, ... ( read original story ...)
World Bank launches ‘human capital’ rankings based on health, education
Japan and Hong Kong. The rankings, based on health, education and survivability measures, assess the future productivity and earnings potential for citizens of 157 of the World Bank’s member ... ( read original story ...)
Hong Kong To Penalize IPO Sponsors For ‘Substandard’ Work
Law360 (October 10, 2018, 4:42 PM EDT) -- The Hong Kong Securities and Futures Commission is penalizing investment banks that fail to uphold standards when sponsoring initial public offerings, the age... ( read original story ...)
Tencent Music delays $2 billion U.S. IPO due to weak markets: sources
HONG KONG (Reuters) - Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to ... ( read original story ...)
Dow Jones surpasses Hang Seng as trade war rages on
Right now, the Dow Jones Industrial Average is searching for new highs, while the Hang Seng Index is at a two-week low with ... Things are not looking good in Hong Kong or China as far as the economy ... ( read original story ...)