Financial Services

20 Aug 18
SCOM failed to monitor its relationship with 33 customers with suspicious transactions.
17 Aug 18
AlipayHK users have doubled to 1.5 million since March.
17 Aug 18
Babytree is targeting a valuation of up to US$5b.
17 Aug 18
The HIBOR for a one-month interest period hit 1.38%.
16 Aug 18
Venus MedTech is said to be aiming to raise up to US$500m.
16 Aug 18
They expect they can set aside only $3.15m after retirement.
16 Aug 18
The HKD fell as the greenback gained strength after Turkey’s market turmoil.
13 Aug 18
It implements the automatic exchange of information in tax matters on a bilateral basis.
13 Aug 18
Average subscription amount was at $525,000.
13 Aug 18
Kintor and Frontier are amongst those eyeing floats.
9 Aug 18
BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.
9 Aug 18
Total fintech funding hit US$983.6m in 2017 versus Hong Kong's US$596.8m.
9 Aug 18
Record revenues from trading and jumbo listings boosted HKEX half-year earnings.
9 Aug 18
It would put the firm in prime position to be the world's second largest unicorn.
8 Aug 18
Thanks to the US$14b funding round by China's Ant Financial.
7 Aug 18
Trade tensions and higher interest rates are to blame.
7 Aug 18
Trading volume smashed previous record in 2010.
3 Aug 18
New business premiums from Mainland clients hit $11.8b in Q1.
2 Aug 18
It sold 224 million shares with an IPO priced at the middle end.
2 Aug 18
It sold 43.1 billion shares after pricing its IPO at the low end.
1 Aug 18
Startups, SMEs and foreign nationals lament the inefficiency.
1 Aug 18
IPO loans were estimated at $15.3b.
1 Aug 18
However, the number of applications continued to rise to 14,579.
31 Jul 18
The private banking unit and fund advisory business performed strongly.
31 Jul 18
BeiGene is offering 65.6 million shares at $94.9 to $111.6 apiece.
30 Jul 18
Watsons, EGL Tours and Fortress will integrate Citi Pay with Points API into their platforms.
30 Jul 18
This includes Standard Chartered Bank and online loan platform WeLab.
30 Jul 18
The fund’s total assets hit $4.1t.
26 Jul 18
The bourse isn't pushing through with a planned stakeholder consultation.
25 Jul 18
The firm failed to conduct due diligence in a bond sale between 2015 to 2016.
25 Jul 18
Retail-book ratio plunged to a two-year low.
25 Jul 18
Tier 1 Capital ratio could fall from 9.4% to 8% by 2019.
25 Jul 18
Krung Thai Bank’s net profit more than doubled to $230.08m.
24 Jul 18
Microport Scientific Corp could raise about US$200m in a share sale.
23 Jul 18
The changes would kick into effect by August 1.
23 Jul 18
More than half of total assets came from overseas locations.
23 Jul 18
Reports claim they are investing around US$500m in the firm.
19 Jul 18
The central bank hopes that lenders start deploying open APIs within six months.
19 Jul 18
A joint working group will be established to achieve this goal.
19 Jul 18
Xiaomi only raised US$5.4b in its earlier listing.