Tag: ipo

Commercial lenders in Hong Kong say they are concerned about a 30% drop in building values over the past 12 months and will consider calling in or restructuring loans if values fall much further. If ... ( read original story ...)

It has been a long journey for virtual banking to be officially in place in town. To explore the dynamics of virtual banking in Hong Kong, Nielsen has conducted a Personal Finance Monitor to study ... ( read original story ...)

Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers ... ( read original story ...)

It is a new reality for Hongkongers, now that Beijing has powers to override the semi-autonomous region’s local laws and crack down on various ... ( read original story ...)

Hong Kong’s economy contracted for the fourth straight quarter as the coronavirus pandemic and political tensions extend the city’s first recession in a decade. ( read original story ...)

Wealth managers at global banks, including Britain's HSBC, are reportedly scrutinizing whether their clients have ties to Hong Kong's pro-democracy movement in an effort to avoid tangling with China’s ... ( read original story ...)

US legislation could penalise banks for serving officials who implement the new national security for Hong Kong, including cutting off access to the SWIFT financial messaging service. ( read original story ...)

The coronavirus pandemic has forced Hong Kong into an even deeper recession. And it may take longer than expected to recover. ( read original story ...)

Wuxi Biologics, a Chinese drug maker, shot up after forecasting its net profit will jump by 58 per cent in the first half of the year from the same period last year. ( read original story ...)

Hong Kong's economy shrank by 9.0% in the second quarter from a year earlier, the government said on Wednesday, as the coronavirus pandemic weighed heavily on consumer spending, trade and tourism in ... ( read original story ...)

BOC Hong Kong dropped 0.68 percent, AIA Group climbed 0.55 percent, Hong Kong &China Gas shed 0.37 percent, CSPC Pharmaceutical lost 0.26 percent, CNOOC advanced 0.23 percent, China Life Insurance ... ( read original story ...)

Wuxi Biologics, a Chinese drug maker, shot up after forecasting its net profit will jump by 58 per cent in the first half of the year from the same period last year. ( read original story ...)

Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers ... ( read original story ...)

A top adviser to Hong Kong’s leader clarified that the closure of one of his U.S. bank accounts is unrelated to China’s new security law for the city. ( read original story ...)