Financial Services

25 Jun 18
Total fundraising proceeds could hit $250b.
25 Jun 18
The investment bank is aiming for a valuation between US$4b to US$5b.
21 Jun 18
Given enough available talent, the bank aims to double the number of its relationship managers.
21 Jun 18
The smartphone maker is said to offer 2.18 billion shares at $17 to $22 apiece.
21 Jun 18
Worsening credit-to-GDP gaps are putting the city in danger territory.
20 Jun 18
Payments can be credited within minutes.
20 Jun 18
Around 10 unicorns or startups valued over US$1b are expected to debut in the city.
20 Jun 18
The likely valuation of the smartphone maker is now between US$55b to US$70b.
19 Jun 18
Tighter liquidity from mega IPOs will leave lenders with no other option.
19 Jun 18
The company may be aiming to complete its Hong Kong listing first.
18 Jun 18
Citic Guoan Group and Dianrong are cornerstone investors.
18 Jun 18
It subsidises green bond issuers in obtaining certification.
18 Jun 18
It trails behind Switzerland after managing US$1.1t in offshore wealth.
15 Jun 18
It was originally planning to debut at the first half of 2018.
15 Jun 18
Sorrento Therapeutics is one such firm hoping to cash in on the trend.
14 Jun 18
Funding costs are expected to stay low, boosting NIMs.
14 Jun 18
A total of 53 companies went public in the first half of the year.
13 Jun 18
The city managed US$31.8b in private wealth compared to Singapore's US$53.4b.
13 Jun 18
Assets under management grew 15.2% which is almost double Europe’s 7.5%.
13 Jun 18
However, Xiaomi is still on track as smartphone shipments ballooned 88%.
13 Jun 18
It was recently valued at US$30b, making it the world’s fourth most valuable startup.
12 Jun 18
The SFC and CBIRC will cooperate on investor protection amongst other key areas.
11 Jun 18
The move follows the publication of revised guidelines by the central bank.
11 Jun 18
For violating the Takeovers Code, Chan Shing will be denied access to the securities market for two years.
11 Jun 18
One-year HKD fixed-deposit rate is hiked to as high as 2%.
8 Jun 18
However, robust deal-making activity may buoy the sector from its slump.
8 Jun 18
The fund will be used to implement the Government Green Bond Programme.
8 Jun 18
The move enables the authority to pitch in for HKEX’s development.
6 Jun 18
The bulk of PRC lending is geared towards lower credit quality firms like SMEs.
6 Jun 18
The move aims to curb costs and simplify the bank's structure.
6 Jun 18
China is reportedly mulling lower thresholds for biotech firms to list.
6 Jun 18
The Mainland lens producer is now worth $22b.
6 Jun 18
The volume of unsecured products bought by Generation Z or consumers born 1995 or later ballooned by 63%.
5 Jun 18
It may raise 30% of shares in the Mainland and the rest in Hong Kong.
5 Jun 18
Credit costs rose from 2.5% to 4.3% of loans on average at state banks.
4 Jun 18
The city is hosting the back-to-back flotations of Xiaomi and China Tower.
4 Jun 18
It was signed by the Securities and Futures Commission and Bundesanstalt fur Finanzdienstleistungsaufsicht.
1 Jun 18
Lenders handled a whopping $11.1t in mobile payments in the first quarter alone.
1 Jun 18
European private banks are heavily investing in Asian footholds.
1 Jun 18
The company sold unsuitable investment products as a result of defective risk profiling questionnaires.