China's Sichuan Kelun-Biotech Pharmaceutical is looking to raise $208.6 million in a Hong Kong initial public offering, according to a term sheet seen by Reuters. The company is selling 22.44 million ...
Hong Kong to promote diversified industrial development: financial chief
HONG KONG -- Paul Chan, financial secretary of China's Hong Kong Special Administrative Region (HKSAR) government, said on Tuesday that a new industry promotion office of the HKSAR government has ...
HSBC Hong Kong starts Bitcoin and Ethereum futures ETFs
HSBC Hong Kong has initiated support for trading Bitcoin and Ethereum futures Exchange Traded Funds (ETFs), according to a recent announcement. This move expands opportunities for local customers to ...
Alibaba’s Freshippo Targets Hong Kong IPO, Marks Its First Spin-Off Listing
Alibaba Group Holding Limited's (NYSE: BABA) grocery arm, Freshippo, will likely go public on the Hong Kong stock exchange by mid-November. The IPO would make it the first Alibaba subsidiary to list ...
China’s biggest IPO in years poses $9bn question for western banks
Goldman Sachs and others seek clarity over planned Shanghai listing of Swiss agricultural chemicals group Syngenta.
HSBC becomes first Hong Kong bank to allow crypto ETFs
HSBC has begun offering its customers access to Bitcoin and Ether-based exchange-traded funds (ETFs) traded on the Hong Kong Exchange (HKEX).
HSBC Offers Trading in Crypto ETFs to Customers in Hong Kong
HSBC Holdings Plc is offering trading of crypto-linked exchange traded funds to customers in Hong Kong amid a push by the city to establish itself as a hub for the alternative asset class.
Finture introduces cross-border financial solutions to enhance convenience of Hong Kong travelers and foreign domestic workers
HONG KONG SAR - Media OutReach - 27 June 2023 - YUP, the credit payment platform created by Singaporean startup Finture, introduces a range of innovative financial products ...
Hong Kong’s 3-tier banking system could soon be 2-tier as HKMA proposes scrapping ‘deposit-taking companies’
The review aims to simplify the structure of Hong Kong's banking system,' HKMA boss says The 12 remaining deposit-taking companies have five years to upgrade to a higher tier or exit the market ...
Hong Kong’s crypto push puts HSBC and StanChart in a bind
Regulators keen for banks to take on exchanges as clients but that might expose lenders to money-laundering risks ...
Retail Slowdown Takes Wind Out Of Dmall’s Advancing IPO
Dmall’s revenue growth slowed sharply in the first quarter, and probably would have contracted without its founder’s strong business ties The provider of cloud-based services for traditional retailers ...
Hong Kong’s HSBC Allows Customers To Trade Bitcoin ETFs, Signaling A Shift In Traditional Banks’ Stance
HSBC's decision comes amid a surge of institutional interest in Bitcoin ETFs, potentially fueling a global competition to attract capital.
Hong Kong’s HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That’s Not Really News
HSBC's customers in Hong Kong have in fact been able to trade such crypto investment products since they were first listed on the Hong Kong Stock Exchange back in December.
‘Beat the USA to the punch’: HSBC Hong Kong now allowing trades of Bitcoin and Ether ETFs
HSBC Hong Kong, the biggest bank in the special administrative region of China, is now permitting trades of Bitcoin and Ether ETFs. On Monday, crypto outlets The Block and CoinTelegraph, citing a ...