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Tag: ipo

Posted on 22/07/2024

First Hong Kong e-commerce festival to help city brands expand into mainland China to be held

Financial Secretary Paul Chan says ‘considerable room for growth’ in e-commerce and new festival will boost profile of city businesses on mainland.

Posted on 20/07/2024

HSBC names veteran Elhedery as CEO, signals continuity in strategy

HSBC Holdings Plc has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, opting for continuity as it tries to kickstart growth. Elhedery, 50, who ...

Posted on 20/07/2024

Hong Kong stocks slide as China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after China's third plenum announcement ... reflecting Beijing's concerns about risks in its financial system. Story continues Investment banks and fund managers ...

Posted on 20/07/2024

{Hot Stocks}HANG SENG BANK quoted at HK$99.2, down 2.9%

[ET Net News Agency, 19 July 2024] HANG SENG BANK (00011) fell 2.9% to HK$99.2, dipping below the 20-D SMA of HK$100.812. It hits an intra-day low of HK$99.1, and an intra-day high of HK$102.2. The ...

Posted on 20/07/2024

HANG SENG BANK Buys back 200K Shrs for $20.47M

HANG SENG BANK (00011.HK) announced that it repurchased 200,000 shares of the company today (18th) at $101.3-103 per share, involving $20.4708 million. Since the ordinary resolution was passed, the ...

Posted on 19/07/2024

Hong Kong paves way for UAE listings, recognising Dubai, Abu Dhabi stock exchanges

Move to attract more Gulf companies to list comes as government advisory body studies Islamic finance to align the city’s financial infrastructure with the needs of the Middle East.

Posted on 19/07/2024

Hong Kong’s ZA Bank allowed to hold reserve assets for stablecoin issuers

Za Bank, the largest virtual bank in Hong Kong, is set to offer its services to stablecoin issuers. The move comes after authorities announced plans to introduce a stablecoin licensing scheme.

Posted on 19/07/2024

Awards for Excellence: Best bank in Hong Kong – HSBC

HSBC further solidified its position as Hong Kong’s best bank. Under the leadership of Luanne Lim, HSBC Hong Kong’s chief executive, the bank’s profit before tax soared to $10.7 billion, representing ...

Posted on 19/07/2024

HK bank supports nation’s regulatory goals with reserve services

Hong Kong's largest virtual bank, ZA Bank, announces pioneering reserve bank services for stablecoin issuers, aligning with new regulatory mandates to ensure digital asset stability.

Posted on 19/07/2024

Hong Kong’s ZA Bank Advances Regulatory Goals with Stablecoin Reserve Services

In Hong Kong, ZA Bank has launched unique reserve services for stablecoin issuers, supporting new regulatory goals. HKMAs Role in Enhancing Digital Asset Stability The largest virtual bank in Hong ...

Posted on 19/07/2024

Awards for Excellence country/territory winners: Hong Kong

HSBC further solidified its position as Hong Kong’s best bank. Under the leadership of Luanne Lim, HSBC Hong Kong’s chief executive, the bank’s profit before tax soared to $10.7 billion, representing ...

Posted on 19/07/2024

HSBC,BOC HONG KONG Assist HK Govt in Offering Institutional Green Bonds

The Government of the Hong Kong Special Administrative Region launched a new round of multi-currency multi-year institutional green bonds. HSBC is acting as Joint Global Coordinator, Joint Lead ...

Posted on 19/07/2024

Can a new financing plan get Hong Kong’s cash-strapped West Kowloon arts hub back on track?

West Kowloon Cultural District Authority gets green light to sell residential development in arts hub's second zone to replenish finances The authority behind Hong Kong's premier arts hub has received ...

Posted on 19/07/2024

Hong Kong stocks slide after China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after investors were underwhelmed ... reflecting Beijing’s concerns about risks in its financial system. The communique was – as some economists expected – short and ...

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