SHANGHAI/HONG KONG As the price of bitcoin soars, Chinese cryptocurrency asset managers are looking to expand in places such as Hong Kong and Singapore, skirting an intensified crackdown at home.
HONG KONG/NEW YORK, Nov 17 Asian stocks held
gains and moved tentatively further into record territory on
Tuesday, after U.S. benchmarks were pepped up by news of another
promising coronavirus vaccine, though futures indicated the
rally could stall in European hours.
HONG KONG/NEW YORK, Nov 17 Asian stocks
cautiously pushed further into record territory on Tuesday, and
oil edged higher after U.S. benchmarks were pepped up by news of
another promising coronavirus vaccine.
HONG KONG Hong Kong plans to shorten the time lag between an initial public offering (IPO) being priced and when the company's shares start trading to as little as one day from the current average of more than five.
HONG KONG Hong Kong's markets regulator plans to unveil new guidelines for investment banks working on equity and debt offerings that will include a framework for how they charge clients, three sources with knowledge of the matter told Reuters.
HONG KONG Hong Kong stock exchange, which missed out on the chance to host Ant Group's record $37 billion listing this month, believed the move to suspend the IPO was the right one and hoped the Chinese fintech giant would come back later, its CEO said on Wednesday.
HONG KONG, Nov 5 Long term Hong Kong dollar
interest rates reached nine-year lows on Thursday after the
suspension of Ant Group's record dual listing in the city and on
Shanghai's STAR Market left the former British colony flush with
Nov 4 U.S. stock futures turned down on
Wednesday in volatile trade after President Donald Trump claimed
that he had won the U.S. election even though millions of votes
were still uncounted, raising the specter of a lengthy legal
battle to resolve the outcome.
HONG KONG Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's multibillion-dollar 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub.
HONG KONG China on Sunday concluded its largest pilot project to date for a central bank-backed digital yuan, with analysts saying the trial extended its lead in the global race to develop a central bank digital currency (CBDC).