Alun John
Stories by Alun John
HK’s Bank of East Asia to review assets, pausing legal battle with Elliott
US hedge fund Elliott has an 8% stake in Bank of East Asia.
HK, Thai central banks closer to using digital currencies for cross-border payments
Many central banks are looking into the potential for CBDCs — money but in digital form.
Swiss bank UBS faces uphill battle to regain ground after HK IPO ban lifted
Hong Kong ranked third globally last year for IPOs behind the Saudi Exchange and Nasdaq, raising $25 billion.
Hong Kong regulator ends UBS’s IPO sponsorship ban early
UBS’s fine and ban was due to failings in the IPOs for China Forestry, Tianhe Chemicals, and China Metal Recycling.
HSBC kicks off year with Hong Kong branches closed, vandalized
HK is the bank's single most important market, accounting for over half of its $12.5b pre-tax profits in H12019.
ESR shares rise over 7% in Hong Kong debut after $1.6b IPO
The listing adds to recent strong debuts in the city by companies including AB InBev's Asia-Pacific unit and Topsports International Holdings.
Southeast Asia’s overcrowded mobile payments market faces shakeout
SE Asia has nearly 150 e-wallet licence holders, and firms including Grab, Go-Jek, Tencent, and others fighting for dominance.
AB InBev Asia unit gains 4% in HK debut after relaunching IPO
The Asia unit raised about $5 billion in the world’s second-biggest IPO this year.
Hong Kong digital banks launch faces delay due to protests
Most of the eight newly licensed digital banks in HK, including JVs involving StanChart and Bank of China Hong Kong, had aimed to begin operating b
Morgan Stanley inches closer to gaining controlling stake in Chinese securities JV
Morgan Stanley, which currently owns 49% of the JV, picks up 2% additional stake.
