Sunday, October 25, 2020
Tags Hong Kong finance

Tag: Hong Kong finance

ByteDance Reportedly Applies for Five Financial Licenses in Hong Kong, Virtual Banking License in Singapore

TikTok-owner ByteDance is reportedly planning a foray into the finance sector of Hong Kong.

Japanese PM Shinzo Abe Offers Refuge to Hong Kong’s Financial Professionals

Japanese Prime Minister Shinzo Abe has said that Japan is willing to provide refuge to members of Hong Kong's financial sector in...

Beijing Unveils Bold Plans for Financial Integration of Guangdong, Hong Kong and Macau “Greater Bay Area”

The Chinese central government has just unveiled an ambitious new plan for the accelerated financial and trade integration of the "Greater Bay...

Shanghai Surpasses Hong Kong in Rankings of Global Financial Centres

A new ranking of the world's leading financial centres puts Shanghai ahead of Hong Kong, following political turmoil in the former British...

Hong Kong Protests Prompt Withdrawal of USD$5 Billion in Investment Funds: Bank of England

A report from the UK central bank claims that widespread protests in Hong Kong have resulted in a sizeable withdrawal of investment...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...