Tag: ipo

HONG KONG/BEIJING (Reuters) - China’s central bank will maintain its neutral monetary policy and keep liquidity and credit growth largely steady while keeping the yuan currency basically stable, it said on Friday. The central bank’s surprising cut in ... ( read original story ...)

The following is issued on behalf of the Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by DBS Bank (Hong Kong) Limited on fraudulent website and phishing e-mail, which ... ( read original story ...)

HONG KONG (Reuters) - HSBC Holdings Plc (HSBA.L) said on Monday it had performed the world’s first trade finance transaction using blockchain technology, a major step in boosting efficiency and reducing errors in the multi-trillion-dollar funding of ... ( read original story ...)

Hong Kong-based billionaire Robert Kuok is to sit on a special ... of elders” – are the country’s former central bank governor Zeti Akhtar Aziz, former finance minister Daim Zainuddin, former head of the state oil firm Petronas, Hassan Marican ... ( read original story ...)

The data trove was revealed on Wednesday in a speech delivered on behalf of Guo Shuqing, chairman of the country’s powerful new China Banking and Insurance Regulatory Commission (CBIRC), at a forum on financial stability in Hong Kong. Veteran technocrat ... ( read original story ...)

Internships are often a key part of any MBA student’s career journey—a chance to try out new industries, build new business networks, and land new jobs. Pranavi Kapur knows that better than most. A current MBA student at the University of Hong Kong ... ( read original story ...)

A fund that makes money when Hong Kong stocks tumble has suddenly garnered a whole lot of interest. The CSOP Hang Seng Index Daily Inverse Product has attracted some $136 million worth of cash in 2018, the biggest inflows for any fund trading on the city ... ( read original story ...)

Hong Kong GDP grew 4.7% year-on-year in 1Q18 ... The producing legal entity ING Bank N.V. is authorised by the Dutch Central Bank and supervised by the European Central Bank (ECB), the Dutch Central Bank (DNB) and the Dutch Authority for the Financial ... ( read original story ...)

as it continues its efforts to bolster its private bank. Last month, Claudia Loh joined as an executive director in Singapore and Samuel Chang came on board as a director in Hong Kong. Both now work in work in wealth transformation, according to their ... ( read original story ...)

State-owned Bank of India on Monday filed a lawsuit against fugitive fraudster Nirav Modi in a Hong Kong court for the recovery of the money he had drawn from the bank on the basis of illegally secured Letters of Undertaking. The public sector bank moved a ... ( read original story ...)

Hong Kong’s importance as a regional financial hub is increasing, creating significant career opportunities for professionals in the sector. The large international banks are expanding their private wealth arms as they look to capture the Mainland ... ( read original story ...)

HSBC is to introduce facial recognition technology for its corporate clients in 24 markets worldwide, including Hong Kong and mainland China, instead of them having to use passwords to log onto their mobile accounts. The bank said the latest move will ... ( read original story ...)

which last week filed for a Hong Kong IPO that could be worth up to $10 billion, for patent infringement. Coolpad said in a statement late on Thursday its subsidiary, Yulong Computer Telecommunication Scientific (Shenzhen) Co Ltd filed a lawsuit against ... ( read original story ...)

While Hong Kong struggles to reduce and contain money laundering activities at existing financial institutions, the role of cryptocurrencies in undermining compliance and enforcement capabilities is overlooked. Hong Kong’s financial institutions are ... ( read original story ...)