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Tag: ipo

Posted on 28/05/2024

Hong Kong stocks extend gains, cheered by Shanghai’s property easing, China’s US$47.5 billion chip fund

Hong Kong markets extend gains after further moves to ease curbs in the property sector and on the back of a semiconductor investment fund.

Posted on 28/05/2024

Hong Kong government’s measures against domestic worker job-hopping are ‘discriminatory’, union says

Agencies required to brief domestic workers on immigration regulations and arrangements for changing employers, according to new code of practice.

Posted on 28/05/2024

Hong Kong Set to Trial Digital Currency for Mortgage Pricing

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Posted on 28/05/2024

Hong Kong police arrest 20 people, including 14 domestic helpers, in crackdown on triad-controlled syndicate for money laundering

Police say those arrested include six local men and 14 women, who are domestic helpers Syndicate lured domestic helpers with as little as HK$1,000 each to set up bank accounts to launder HK$10 million ...

Posted on 27/05/2024

AIA Group opens newly redeveloped Hong Kong headquarters

The opening was marked by a ceremony on 27 May, attended by AIA Group chairman Edmund Tse, AIA Group CEO and president Lee Yuan Siong, and Government of the Hong Kong Special Administrative Region ...

Posted on 27/05/2024

Hong Kong police arrest 20 people, including 14 domestic helpers, in crackdown on triad-controlled money-laundering syndicate

Hong Kong police have arrested 20 people in a crackdown on a triad-controlled criminal syndicate that lured domestic helpers with as little as HK$1,000 (US$128) each to set up bank accounts for ...

Posted on 27/05/2024

HSBC veteran banker Peter Wong urges Hong Kong’s youth to be wary of generative AI as technology can create uncertainty

How does China’s AI stack up against ChatGPT? Wong, 72, the non-executive Asia-Pacific chairman of Hong Kong’s largest bank, believes the city can cope with the challenges of a fast-changing world, ...

Posted on 27/05/2024

Green finance is Hong Kong’s golden opportunity to lead Asia’s net-zero mission

She and other industry leaders echoed the sentiments of Hong Kong’s Chief Executive Lee Ka Chiu, who noted the city’s traditional financial strengths and its fast rising prowess as an innovative and ...

Posted on 27/05/2024

HSBC Buys back Shrs at $516M in Total in HK/ UK Last Fri

HSBC HOLDINGS (00005.HK)(HSBA.L) announced that it repurchased 3.9992 million shares of the company in London last Friday (24th) at GBP6.872-6.972 per share, with an average price of GBP6.9292 per ...

Posted on 27/05/2024

HSBC eyes synergies in wealth management, family office business amid robust profit growth in Asia

The UK lender aims to boost synergies through talent exchanges and client referrals in both cities in the coming years Pre-tax profit from HSBC's wealth management unit in Asia surged 51 per cent last ...

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 ...

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