Airstar Bank is a digital bank in Hong Kong with Xiaomi Corporation and Futu Group as its key shareholders. The Bank upholds the virtue of financial inclusion by making cutting edge digital banking ...
Hong Kong unveils rules for ‘responsible’ AI use as it gets ahead of disruptive technology
Any institution that wants to use AI “must formulate a governance strategy to provide direction on how [the] systems should be implemented,” the government said.
Why Has Hong Kong’s Hang Seng Index (HSI) Soared In The Past Month?
Given Hong Kong’s close business links to China, and just how many Chinese companies are listed on the Hong Kong Exchange, Hong Kong stocks have suffered. Since its peak in early 2021, Hong Kong’s ...
HK delegation to visit Saudi Arabia to deepen cooperation in finance, innovation
The Hong Kong Special Administrative Region (HKSAR)'s Financial Secretary Paul Chan will lead a delegation from the financial, innovation and technology sectors to Saudi Arabia on Monday, a move that ...
HSBC’s east-west split is not just about cutting costs
The fallout left HSBC scrambling to placate governments and corporations in east and west. The political standoff between the US and China has not improved. If Donald Trump returns to the White House ...
Hong Kong ATMs to have pop-up warnings as scam losses mount to HK$6.41bil, says police chief
Police chief Raymond Siu also warns that deepfake-technology scams are likely to be the next major form of swindling to plague the city ...
Biostar prepares for $42 million IPO in Hong Kong
Biostar Pharmaceuticals plans to raise funds through an IPO on the Hong Kong Stock Exchange, offering 14.6 million shares at up to HK$22 each. Proceeds will support its oncology pipeline, notably Utidelone,
Analysts Offer Insights on Financial Companies: Hong Kong Exchanges & Clearing (OtherHKXCF) and Prosperity Bancshares (PB)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Hong Kong Exchanges & Clearing (HKXCF – ...
HSBC joins China’s payment system in boost to yuan usage
HSBC's Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a company statement.
Horizon Robotics Shares Shine on Hong Kong Debut
SYDNEY (Reuters) -Shares of Horizon Robotics ended 2.8% higher on their Hong Kong debut on Thursday, after the Chinese autonomous vehicle maker raised $696 million in this year's largest initial public offering (IPO) in Hong Kong. The company sold 1.355 billion shares at HK$3.99 each, according to the its filings.
China Market Update: TAL Terrific As Hong Kong/Mainland China Work Off Their Overbought Weekly Distribution
Asian equities followed US stocks lower overnight despite the US dollar’s weakness.
Hong Kong IPO Swells China Software Tycoon’s Fortune to $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, ...
HSBC Hong Kong joins China’s alternative to Swift global payments system
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Horizon Robotics’ Shares Jump After $696 Million Hong Kong IPO
Shares of Horizon Robotics climbed in their trading debut in Hong Kong Thursday, adding to optimism over a revival in initial public offerings in the Asian financial hub.