Financial Services

Transfer pricing law gazetted

It ensures that the concessionary tax regime meets international standards.

Transfer pricing law gazetted

It ensures that the concessionary tax regime meets international standards.

Taipei-listed post-production house plans Hong Kong IPO

VHQ Media Holdings believes a local listing will boost its Chinese growth prospects.

SFC slaps $4m fine on Citi's Asia unit for 'dark pool' breaches

Over 130 clients were able to access ALP without proper assessment.

Xiaomi rebounds with a 14% climb after lacklustre debut

Its share price surged to $19.14 in early afternoon trading from its IPO of $17.

SFC slaps $24m fine on China Construction Bank's investment arm

CCB International Capital failed to conduct reasonable diligence on Fujian Dongya’s listing.

Cash is still king in Hong Kong as only a fifth embrace e-payments

Nearly 70% cite that they remain unfamiliar with the tech required to go cashless.

Goldman, Citi bankers abandon posts to cash in on biotech hype

At least seven senior bankers and analysts have quit since December.

Life annuity scheme unveiled for senior citizens

Men will receive a monthly payout of $5,800 whilst women get $5,300.

How can Hong Kong banks reconcile third party data sharing with cybersecurity?

Banks need robust cyber resilience strategies to plug risks.

Hong Kong's average IPO size shrunk 10% in the first half of the year

There were, however, double the number of listings as small to medium sized companies rushed to list.

Xiaomi raises $36.88b in IPO

The company reportedly priced the sale of 2.18 billion shares at $17 each.

Hang Seng Bank to use fintech in credit risk assessment by Q4

Fintech and big data will be used to evaluate loan applications.

Banks' bad loan ratio improves to 0.52% in 2017

Maintaining credit quality is no problem for the city’s top lenders.

What can Hong Kong banks gain from turning away from BPOs?

Managed services may just be the way to add further value for banking customers.

Hong Kong Exchange cracks down on backdoor listings

HKEX is also targeting companies that remain listed but do very little business.

Banks may lose $14.68m in net assets following HKFRS 9

Replacing the expected credit loss model is likely to shed off around 1% of net assets.