Tag: ipo

Next Digital, which shot up as much as 59 per cent in the morning, tumbled 40 per cent after the break. Its founder was arrested on Monday on suspected violation of the city’s new national security ... ( read original story ...)

China’s largest state-run banks operating in Hong Kong are taking tentative steps to comply with U.S. sanctions imposed on officials in the city, seeking to safeguard their access to crucial dollar ... ( read original story ...)

Livi, the virtual bank co-owned by Bank of China (Hong Kong), hopes to attract customers with cash rewards and the convenience of easy payments at shops through quick-response (QR) codes.The fourth ... ( read original story ...)

Citigroup Inc. and Standard Chartered Plc are stepping up scrutiny of banking clients in Hong Kong, aiming to avoid violating U.S. sanctions on officials in the former British colony. ( read original story ...)

Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)

The Hong Kong stock market on Tuesday snapped the three-day losing streak in which it had stumbled almost 750 points or 3 percent. The Hang Seng Index now rests just above the 24,890-point plateau ... ( read original story ...)

London-based multinational bank HSBC declined to step up scrutiny of its clients in Hong Kong after the US government decided to sanction some high-ranking officials from the Hong Kong Special ... ( read original story ...)

A New York federal judge held Monday that a group of California investors who alleged that HSBC Hong Kong aided a $37 million Ponzi scheme lacked jurisdiction to sue the bank and tossed the suit ... ( read original story ...)

Some banks in Hong Kong may be preparing to suspend the accounts of local government officials who were slapped with sanctions by the U.S. late last week. Bloomberg reported on Mo ... ( read original story ...)

Chinese hotpot ingredients supplier Guoquan is weighing an initial public offering as soon as next year, according to people with knowledge of the matter. ( read original story ...)

Results in First Half 2020 in line with expectation. Geopolitical events and pandemic puts the bank at a discounted price. ( read original story ...)

Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one U.S. bank is moving to suspend accounts to avoid running afoul of U.S. sanctions slapped on city officials, ... ( read original story ...)

Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one U.S. bank is moving to suspend accounts to avoid running afoul of U.S. sanctions slapped on city officials, ... ( read original story ...)

The Manulife group of companies operating in Hong Kong ("Manulife Hong Kong") today announced positive financial results for the second quarter and first half of 2020. Despite the challenges of ... ( read original story ...)