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Tag: ipo

Posted on 27/05/2024

Hong Kong central bank extends deputy chief exec’s appointment for 2 years

Yuen will continue to be in charge of the full range of banking policy, supervision, conduct, and enforcement issues at the HKMA, the central bank said in a statement posted on its website. The ...

Posted on 27/05/2024

What HKMA’s second experiment with retail e-HKD means for Hong Kong residents

E-HKD will promote innovation in the financial services industry as the city moves closer to finding more use cases for the digital coin before it is rolled out to the public, experts say.

Posted on 27/05/2024

Asian Investment Conference: first UBS-hosted edition kicks off in Hong Kong with ‘global investor mindset’ on agenda

Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers and 3,000 attendees as UBS continues the flagship Hong Kong conference started 27 years ...

Posted on 27/05/2024

Two banks in Hong Kong warn against phishing emails

Tai Sang Bank cautioned against emails claiming to be from its chairman. Two banks in Hong Kong have separately warned of phishing emails between 21 and 22 May. Bank of China (Hong Kong) and Tai Sang ...

Posted on 27/05/2024

Hong Kong’s MPF assets up, members shift into bond funds

Wan believes withdrawals from equity funds will slow with Hong Kong’s stock market rebounding strongly this month. He advised MPF members to take a long-term perspective instead ...

Posted on 26/05/2024

E-CNY Expands Cross-border Pilot in HK, Allowing HK People to Add Value via FPS, Credit Cards after Opening Account

The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) announced the expansion of the cross-border pilot for E-CNY in Hong Kong. Hong Kong people will be ab ...

Posted on 26/05/2024

HSBC HOLDINGS (00005.HK) Leans Towards an Internal Search for New CEO, Report Says

HSBC HOLDINGS (00005.HK) announced earlier that CEO Noel Quinn will step down. Citing sources, Bloomberg reported that the group is favouring an internal search for a successor, wi... HSBC HOLDINGS ...

Posted on 26/05/2024

HSBC HOLDINGS Loses 2% as PING AN Said to Plan to Cut Stake Again

HSBC HOLDINGS (00005.HK) opened 1.57% lower at a low of $68.4 after inclining for 4 consecutive days. The stock last printed at $68.6, down 2.14%, with 2.9765 million shares traded... HSBC HOLDINGS ...

Posted on 25/05/2024

Less is more when it comes to Hong Kong staging ‘mega events’

Like an overstuffed diner who raids the buffet too many times, Hong Kong risks leaving tourists fatigued by overstuffing the calendar with ‘mega events’.

Posted on 25/05/2024

OSL Group becomes MSCI Hong Kong Index constituent – New Era for Digital Assets on the Global Stage

OSL Group, the leading publicly listed company in Hong Kong devoted entirely to digital assets, proudly announces its inclusion in the ...

Posted on 25/05/2024

Efforts in preserving Hong Kong’s heritage grains

While agriculture accounts for less than 0.1% of the finance hub’s GDP, researchers say homegrown grains could one day be an important food security insurance policy in the face of climate change – ...

Posted on 25/05/2024

Hong Kong protest anthem removed by distributor after court injunction

The U.S. government has said the ban will further undermine Hong Kong's international reputation as a financial hub. A Chinese Foreign Ministry spokesman has said that stopping the song's spread was ...

Posted on 24/05/2024

Soaring Towers Shape Hong Kong’s Urban Landscape

Home to some of the world's densest living districts and tallest skyscrapers, Hong Kong has for decades mesmerised locals and visitors alike with its famed skyline.

Posted on 24/05/2024

HANG SENG BANK Buys back 300K Shrs for $33.86M

HANG SENG BANK (00011.HK) disclosed in its statement that it repurchased 300,000 shares of the company on the Stock Exchange of Hong Kong at $111.7-114.9 per share, involving about $33.86 million.

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