Edition:
India

Alun John

Hong Kong banks compare pandemic stress test with epidemic reality

13 Feb 2020

HONG KONG Last October, nearly four dozen banks in Hong Kong confronted a nightmare "stress test" scenario: a pandemic that swept through the city, followed by a major cyberattack and a telecoms breakdown.

Travel bans in virus-hit China jeopardise auditing deadlines

03 Feb 2020

SHANGHAI/HONG KONG Auditors for listed Chinese companies will likely struggle to complete their work by stock exchange deadlines because of travel bans and other restrictions designed to limit the spread of the new coronavirus, auditors and analysts said.

UPDATE 1-Hong Kong exchange proposes allowing corporate weighted voting rights

31 Jan 2020

HONG KONG, Jan 31 The Stock Exchange of Hong Kong proposed allowing companies to hold shares that carry extra voting rights in new Hong Kong listings, in a consultation paper published Friday, an attempt to attract more innovative companies to the exchange.

Chinese firm known for inexplicable share rally plunges 93% after trading halt lifted

23 Jan 2020

HONG KONG Chinese asset manager Ding Yi Feng, known for a 3,500% share price rally in less than two years, lost as much as $3.4 billion in market value on Thursday after regulators said they would begin legal proceedings for market manipulation and lifted a trading halt.

Factbox: Developments in online-only bank licensing in Asia

22 Jan 2020

HONG KONG Financial regulators across Asia are creating new rules for online-only banks as they seek to shake up often staid markets, helped by technology companies, which can operate at lower costs without needing physical branches.

Developments in online-only bank licensing in Asia

22 Jan 2020

HONG KONG Financial regulators across Asia are creating new rules for online-only banks as they seek to shake up often staid markets, helped by technology companies, which can operate at lower costs without needing physical branches.

UPDATE 1-Hong Kong, Thai central banks closer to using digital currencies for cross-border payments

22 Jan 2020

* Plan would let Hong Kong, Thai banks use a CBDC to move funds

Factbox: Developments in online-only bank licensing in Asia

22 Jan 2020

HONG KONG Financial regulators across Asia are creating new rules for online-only banks as they seek to shake up often staid markets, helped by technology firms which are able to operate at lower costs without needing physical branches.

Factbox: Developments in online-only bank licensing in Asia

22 Jan 2020

HONG KONG Financial regulators across Asia are creating new rules for online-only banks as they seek to shake up often staid markets, helped by technology firms which are able to operate at lower costs without needing physical branches.

UBS faces uphill battle to regain ground after HK IPO ban lifted

20 Jan 2020

HONG KONG UBS Group AG is likely to have a hard time regaining ground lost in the 10 months it was banned from the big-money business of sponsoring IPOs in Hong Kong, where Chinese rivals have become formidable players, bankers and analysts said.

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