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Tag: ipo

Posted on 02/06/2024

Hong Kong asylum seekers returning to blaze-hit New Lucky House denied aid over lack of ID cards

Asylum seekers say they did not receive financial and other help given to New Lucky House fire victims Some help agencies say they provided aid regardless of whether victims had Hong Kong identity ...

Posted on 02/06/2024

Sunlit Sky: Hong Kong Police Crack Down on Money Laundering Syndicate: 67 Arrested

In a significant crackdown on financial crimes, Hong Kong police have arrested 67 individuals involved in a money laundering syndicate. Operation Sunlit Sky revealed an alarming trend of targeting non ...

Posted on 02/06/2024

Hong Kong police seize counterfeit banknotes with face value of HK$2.55 million, advise public to be on alert

Fake notes are 'poorly made and easy to spot', with HK$1,000 ones most common counterfeits seized Cryptocurrency exchange victims report big losses, but crooks also target convenience stores and ...

Posted on 02/06/2024

How crypto can help restore Hong Kong’s financial glory

As more financial regulators embrace fintech, Hong Kong is playing a pioneering role in launching digital asset exchange-traded funds. The city’s reasonable approach to regulation and innovation can a ...

Posted on 01/06/2024

Hong Kong police arrest 67 over stooge accounts for money laundering, warn criminals recruiting more domestic helpers, other non-locals

Police warn that non-ethnic-Chinese residents are increasingly being targeted by criminal syndicates to share bank account details Some domestic helpers are acting as middlemen for scammers, ...

Posted on 01/06/2024

No questions on Hong Kong national security from US firms but financial hub status top of mind, Paul Chan says on California trip

Finance chief wraps up US trip, expressing confidence that 'candid exchanges' with businesses helped improve 'mutual understanding' He says top concerns among officials and executives he met included ...

Posted on 31/05/2024

Hong Kong IPOs: market shows glimmer of revival as three solid debuts in a week raise US$111 million

Investor appetite for new share listings in Hong Kong shows signs of improvement amid a market rebound, with a series of recent IPOs (initial public offerings) registering strong performance - albeit ...

Posted on 31/05/2024

‘China’s London’? Hong Kong’s finance hub status will be cemented by mainland’s economic development, summit told

Hong Kong's status as an international financial centre will be reinforced by yuan internationalisation and China's economic transformations, according to top finance officials and industry players.

Posted on 31/05/2024

Hong Kong Officials to Fully Promote Digital Assets, Web3, and More

Hong Kong government has expressed its commitment to advancing financial innovation, highlighting several key areas of focus, including Web3.

Posted on 31/05/2024

Hong Kong stocks on track for fourth straight month of gains as weak China PMI spurs policy easing hopes

Tencent Holdings gained 2.8 per cent to HK$377.80 and Hong Kong Exchanges and Clearing added 2.2 per cent to HK$269.20. Autostreets Development, which operate a trading platform for second-hand cars, ...

Posted on 31/05/2024

HSBC HOLDINGS Buys back 6.76M+ Shrs for $462M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.7633 million shares of the company for a total of HKD462 million yesterday (30th) in the UK and Hong Kong market... HSBC HOLDINGS ...

Posted on 31/05/2024

Hong Kong Bankers Get Welcome Lift From Convertible Bond Frenzy

When one door closes, another one sometimes opens. For bankers in Hong Kong, where big mergers and acquisitions and initial public offerings have largely stalled, convertible bond issues are very much ...

Posted on 31/05/2024

Hong Kong pair jailed for abducting woman outside prison over 500,000 yuan financial dispute

Lau Kwok-kei, Zafar Tai and two teenagers admitted abducting victim in broad daylight outside Stanley Prison on December 17, 2022.

Posted on 30/05/2024

Hong Kong employee tricked into paying out HK$4 million after video call with deepfake ‘chief financial officer’ of UK multinational firm

Employee received WhatsApp message on May 20 from scammer impersonating firm’s chief financial officer, who requested video call with her, insider reveals.

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