Xiaomi gets IPO nod from HK exchange, say sources

Offering could become world's largest first-time share sale since Alibaba's listing BEIJING • Xiaomi has won Hong Kong stock exchange approval for its planned initial public offering (IPO), which would be the first listing in the city with weighted ... ( read original story ...)

HK, China agree on cross-boundary supervision

The China Banking and Insurance Regulatory Commission and the Securities and Futures Commission of Hong Kong have entered into a memorandum of understanding regarding the cooperation and exchange of information in connection with the supervision and ... ( read original story ...)

China policy bank reports over $100b loans to SCO countries

An employee counts Chinese one-hundred yuan banknotes at the Bank of China Hong Kong Ltd headquarters in Hong Kong, Nov 12, 2016. [Photo/VCG] BEIJING - China Development Bank (CDB), a major policy bank, has so far loaned more than $100 billion to members ... ( read original story ...)

Hong Kong regulator fines HSIM for breach of fund rules

Hong Kong’s Securities and Futures Commission (SFC ... HSIM is the asset management arm of local lender Hang Seng Bank. The disciplinary action followed an independent review jointly agreed by the SFC and HSIM, according to a May 31 statement from ... ( read original story ...)

Global shares fall ahead of G7 summit, central bank meetings

Hong Kong's Hang Seng slipped 1.9 per cent at 30,910.89 ... "Then there's that small matter of the European Central Bank and Federal Reserve Board meetings, which could be very crucial for the markets next tack." ENERGY: Benchmark U.S. crude dipped ... ( read original story ...)