JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric vehicle battery giant CATL, a Republican lawmaker said on Thursday. John ...
Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses
It offers instant debit, secure exchange rates, and free transaction fees. Hang Seng Bank, in collaboration with Mastercard, has launched a new multi-currency debit card for businesses. The Hang Seng ...
A 30-Year-Old Becomes Billionaire on US IPO of Chinese Tea Chain
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic decoupling ...
Chagee CEO becomes a billionaire at 30 after US IPO
Zhang, who is Chagee’s chief executive officer, joins a wave of Chinese people who have made fortunes as fresh tea chains explode in popularity. That includes the two brothers behind Mixue Group, a ...
Hong Kong banks to see biggest rise in bad loans in Asia-Pacific due to US tariffs: Fitch
The ongoing tariff war is expected to put additional pressure on banks in Hong Kong, which are already grappling with elevated non-performing loans due to a prolonged property sector slump, according ...
OMG Hong Kong and HSBC celebrate the bank’s 160th anniversary with Rube Goldberg campaign
In celebration of HSBC’s 160th anniversary, the bank, in collaboration with media partner Omnicom Media Group (OMG) Hong Kong and its creative and content division, Fuse, has launched a bespoke Rube ...
Hong Kong spent HK$823 million on its athletes in 2023-24. Here’s where it went
Hong Kong Sports Institute on Wednesday released a report detailing its budget and achievements in 2023-24, revealing that it spent HK$822.9 million on training athletes. The taxpayer-funded ...
BOC Hong Kong downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs downgraded BOC Hong Kong (BHKLY) to Neutral from Buy with a price target of HK$29.50, down from HK$31.90. The firm lowered its ...
Hang Seng Bank promotes son of Hong Kong leader John Lee in China-unit reshuffle
The management changes in the bank’s mainland unit come at a critical time amid the US tariff campaign, a broker says.
HSBC, BRAC Business School honour winners of Business Case Competition
Bangladesh, in collaboration with BRAC Business School, BRAC University, recently recognised the winners of the “Business Case Competition 2025”..Team Adamantine from the Bangladesh University of Prof ...
China’s Deepexi Files for Hong Kong IPO Amid Enterprise AI Pivot
AsianFin -- Chinese AI startup Deepexi Co., Ltd. has filed for an initial public offering on the Hong Kong Stock Exchange, aiming to become the first enterprise-level AI solutions provider to go ...
Hongkong Post suspends goods mail services to US
Hongkong Post said on Wednesday it had suspended goods mail services by sea to the United States and will suspend its air mail postal service for items containing goods from April 27 due to "bullying" ...
China Southern is said to mull Hong Kong IPO of cargo unit
HONG KONG] China Southern Airlines is exploring a Hong Kong initial public offering (IPO) for its cargo business after shelving plans to do so in Shanghai, according to sources familiar with the ...
HSBC to offer anti-ageing treatments, medical check-ups at Hong Kong wealth centre
The wealth centre, which will open in the second half, is aimed at the growing silver economy, HSBC Life's Daisy Tsang says HSBC, the largest lender in Hong Kong, will open a wealth centre in the ...