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Tag: ipo

Posted on 13/01/2024

Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower

The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the ...

Posted on 13/01/2024

US sanctions Hong Kong, UAE firms over Houthi support

Washington announced fresh sanctions on two companies based in Hong Kong and the United Arab Emirates, aiming to curb the financial support to Iranian ...

Posted on 12/01/2024

Hong Kong considering tuition fee hike for public universities after over 20 years of no increases: minister

Secretary for Education Christine Choi says her bureau will review tuition fees under user-pays principle, after finance chief eyes increasing public service charges.

Posted on 12/01/2024

Hong Kong a cautionary tale as China looms over Taiwan’s election

As Taiwan heads to the polls this weekend in an election bound to shape its relationship with China, voters are being called to think of Hong Kong.

Posted on 12/01/2024

BOC Hong Kong (Holdings): A Buy Rating on Strong NII, Dividend Appeal, and Positive 2024 Outlook

In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), ...

Posted on 12/01/2024

Exclusive: China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say

Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business ...

Posted on 12/01/2024

Hang Seng Bank launches investment and life insurance plan

Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. Hang Seng Bank has launched 'LegendPower', a life insurance plan designed to help accumulate ...

Posted on 12/01/2024

Hong Kong stocks advance for a second day on China rate-cut bets as deflation deepens

Hong Kong stocks jumped for a second day as investors bet China’s central bank will cut key lending rates as early as next week to boost growth amid deepening deflation in the economy. The Hang Seng ...

Posted on 12/01/2024

HSBC HK unveils debit, supplementary card waiving foreign currency fees

HSBC Hong Kong has launched a new debit card and supplementary debit card for its global private banking customers. Powered by Mastercard, the new cards are expected to provide customers with a ...

Posted on 12/01/2024

Hong Kong Bitcoin ETF FOMO, Thailand approves $14B airdrop: Asia Express

Hong Kong has experienced the biggest financial scams in its history last year with the collapse of unlicensed crypto exchanges JPEX and Hounax. In a separate interview on January 10, Livio Weng, COO ...

Posted on 11/01/2024

Hong Kong proposes stablecoin licensing and regulatory regime

The government plans to introduce a licensing and regulatory regime for issuers of stablecoins that reference fiat currencies ...

Posted on 11/01/2024

Hong Kong to boost multilateral cooperation during Asian Financial Forum

The 17th Asian Financial Forum AFF slated to run from Jan 24 to 25 in Hong Kong under the theme Multilateral Cooperation for A Shared Tomorrow is ...

Posted on 11/01/2024

Wiki Finance Expo Hong Kong 2024 Is Coming in May!

Hong Kong /Wiki Finance Expo/ – Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential fintech and digital finance events in Asia in 2024.

Posted on 11/01/2024

Hong Kong stocks arrest 7-day slump as mainland China funds step up purchases with market trading at 14-month low

Citigroup, HSBC trim Hang Seng Index targets on earnings, China policy doubts Mainland funds bought HK$2.6 billion worth of Hong Kong-listed shares on Wednesday, taking their net purchases this year ...

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