By James Pomfret HONG KONG, March 29 (Reuters) - U.S.-funded Radio Free Asia said on Friday it had closed its Hong Kong bureau citing concerns over staff safety after the enactment of a new national ...
Syngenta withdraws Shanghai IPO application, will restart process in China or elsewhere ‘when the conditions are right’
Swiss agrichemicals and seeds giant Syngenta Group has withdrawn its application for a listing in Shanghai amid China’s slowing equities market, dashing hopes for one of the largest share sales this ...
UAE prince and Hong Kong, Xi’s policy shift, Singapore ‘Asia’s happiest country’ again: SCMP’s 7 highlights of the week
From a Dubai prince postponing his Hong Kong family office to Singapore being Asia's happiest country, here are a few highlights from SCMP's recent reporting We have selected seven stories from this ...
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ...
Analysis-Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ...
Hong Kong businesswoman loses HK$41 million in alleged cryptocurrency trading scam
Losses by woman, 56, include a HK$15 million loan taken out by her, police say Investigating officer says scam was rare case where fraudsters carried out in-person transactions to lull victim into ...
World’s Eighth-Largest Bank Unveils Tokenized Gold Product for Retail Customers: Report
Banking giant HSBC has reportedly launched a tokenized gold product for its retail customers in Hong Kong as the bank and the government both push to make real-world assets available in digital form.
China Market Update: Growth Stocks Lead Mainland China & Hong Kong Higher
Asian equities were largely higher as Mainland China, Hong Kong, Australia, and India outperformed while Japan underperformed. Malaysia was closed for Nuzul Al-Quran, which is a day dedicated to ...
China’s Country Garden delays publication of 2023 financial results
Country Garden , China's largest private property developer, delayed the publication of its 2023 financial results on Thursday saying it needed to collect more information to make appropriate ...
Cainiao to incentivize staff with double annual bonuses in 2025 after IPO withdrawal
Alibaba’s logistics operation Cainiao will double employees’ annual bonuses next year after the company announced it was canceling its planned IPO in Hong Kong. Wan Lin, chief of Cainiao announced the ...
ANALYSIS-Chinese firms’ fundraisings in limbo as IPOs scrutinized at home and abroad
Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the ...
HSBC Hong Kong Unit, Traders Indicted in Seoul Over Short Selling Claims
HSBC Holdings Plc’s Hong Kong unit and three of its traders were indicted by South Korean prosecutors on allegations of illegal short selling.Most Read from BloombergLondon Insurers Face Baltimore ...
Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch
Venture Smart Financial Holdings Ltd (VSFG) is gearing up to launch a spot Bitcoin exchange-traded fund (ETF) in Hong Kong as early as May.
HSBC rolls out tokenized gold for Hong Kong retail investors
Renowned financial institution HSBC has entered the blockchain technology industry by making tokenized gold available for retail investors in Hong Kong. This initiative makes HSBC the first bank to ...