Monday, October 26, 2020
Tags Hong Kong

Tag: Hong Kong

PBOC Issues 30 Billion Yuan in Central Bank Bills on 13 August via Hong Kong

The People's Bank of China (PBOC) is­sued 30 bil­lion yuan in renminbi-denominated cen­tral bank bills on 13 August via auction in Hong...

UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card

The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...

China’s IPO Market Maintains Robust Growth in First Half of 2020 Despite COVID-19: EY

A new report from Ernst & Young (EY) points to continued robust growth in China's A-share IPO's in the first half of...

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...

Is China’s National Security Law the Nail in the Coffin for Hong Kong as Global Financial Hub?

China's recent mooting of a national security law in response to more than a year of intense civil unrest in Hong Kong...

Hong Kong’s Status as International Financial Centre Will Not Weaken or Waver: China’s Banking Regulator

China's banking regulator has sought to reassure market opinion about the enduring status of Hong Kong as an international financial centre following...

HSBC and Standard Chartered Announce Support for China’s National Security Law, Incur Wrath of UK Politicians

Two leading British banks with operations in Hong Kong have announced their support for the highly controversial National Security Law mooted by...

Bohai Bank Will Pursue Approval for Hong Kong IPO This Week

China Bohai Bank will pursue approval for its listing on the Hong Kong Stock Exchange (HKSE) this week according to local media...

Trump’s Cancellation of Hong Kong’s Special Customs Status Will Have Minimal Economic Impact: Nicholas Lardy

A leading US expert on the Chinese economy says that the Trump administration's threat to annul the special customs status of Hong...

EU’s Top Diplomat Says Hong Kong Concerns Will not Impede Investment Ties with China

The foreign policy chief for the European Union (EU) has flagged the maintenance of ongoing commercial ties with China despite concerns over...

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Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...