Bank of China (Hong Kong) will be adopting "iAM Smart", a mobile application launched by the Hong Kong SAR Government, for digital identification in mobile account opening, making it one of the first ... ( read original story ...)
Hong Kong tycoon Richard Li-backed fintech Hyphen in advanced merger talks with blank-cheque firm Provident
Hyphen has so far raised more than US$110 million from investors including Li’s investment manager Pacific Century Group, Alibaba Group Holding, Goldman Sachs, the World Bank’s International Finance ... ( read original story ...)
Xiaohongshu reportedly mulls IPO in Hong Kong instead of US
According to Bloomberg as it cited a source familiar with the matter, deliberations are still ongoing and the details, including fundraising size and timing, could change. ( read original story ...)
Alibaba Founder Seen Amid Activities In Hong Kong After One Year
Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma, mainly out of public view since the regulatory clampdown, is currently in Hong Kong and has met business associates recently, Reuters reports. ( read original story ...)
Billionaire Alibaba founder Jack Ma reappears in Hong Kong
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators. That triggered a chain of events that ... ( read original story ...)
Global investors hungry for Shenzhen’s US$775 million dim sum bond, the first mainland Chinese local government debt issued in Hong Kong
Shenzhen becomes the first mainland Chinese local government to sell offshore debt in Hong Kong in what officials say is as a boost to the latter’s credentials as a finance hub. ( read original story ...)
Fitch Affirms IDR on HSBC’s Hong Kong Subsidiary at ‘AA-‘; Outlook Negative
Fitch Ratings has affirmed The Hongkong and Shanghai Banking Corporation Limited's (HKSB) Long-Term Issuer Default ... ( read original story ...)
Former Hang Seng Bank CEO Louisa Cheang dies aged 57
Louisa Cheang Wai-man, the former Hang Seng Bank CEO, died last week at the age of 57, according to sources. A memorial service will be held in Wan Chai on Friday, a source said. HSBC, where Cheang ... ( read original story ...)
Citi appoints clean energy investment banking head for Asia
... Pang to head of its Natural Resources Clean Energy Transition NRCET Investment Banking team for Asia, in a media note. The position is newly created and based in Hong Kong, according to the ... ( read original story ...)
China: MicroTech Medical prices HK$1.94bn IPO
MicroTech Medical (Hangzhou), a healthcare company focused on diabetes management, has priced a HK$1.94bn (US$249m) Hong Kong IPO at HK$30.50 per share, just short of the maximum marketed price of ... ( read original story ...)
Social e-commerce app Xiaohongshu mulls Hong Kong IPO: report
Chinese social e-commerce startup Xiaohongshu, also known as Little Red Book, is mulling a Hong Kong IPO as soon as this year, Bloomberg reported on Monday. The listing could raise between $500 ... ( read original story ...)
Hong Kong Investors May Lock In Gains On Tuesday
The Hong Kong stock market has climbed higher in three straight sessions, surging more than 1,350 points or 5.7 percent along the way. The Hang Seng Index now sits just above the 25,325-point plateau ... ( read original story ...)
Capital Group taps HSBC’s Toby Chan as head of Hong Kong client group
US asset manager Capital Group has hired Toby Chan from Hong Kong and Shanghai Banking Corporation for a newly created role as head of its Hong Kong client group. She will be responsible for ... ( read original story ...)
HSBC boss Noel Quinn: Complex geopolitical landscape a ‘fact of life’ for global banks
Clients still want to be international, underscoring the need for lenders who bridge East and West, says Noel Quinn, the bank’s CEO. ( read original story ...)