Edition:
United Kingdom

Alun John

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.

UPDATE 2-Chinese firm known for inexplicable share rally plunges 93% after trading halt lifted

23 Jan 2020

* SFC to begin proceedings again one or more company officers (Recasts and writes through)

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.

CORRECTED-FACTBOX-Developments in online-only bank licensing in Asia

22 Jan 2020

HONG KONG, Jan 22 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.

Hong Kong regulator tells banks to do more to prepare for the end of Libor

17 Jan 2020

HONG KONG Hong Kong banks must step up efforts to prepare for the end of the discredited Libor interest rate benchmark, a senior official of the city’s central bank said on Friday, joining the chorus of global regulators urging quicker action by banks.

World News