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Aileen Chuang
Senior Reporter, Business
Aileen has reported in Taiwan, Hong Kong and the United States for media organisations such as Loan Pricing Corp, Risk.net, the Associated Press and National Public Radio. She is from Taiwan and holds a master of science degree in journalism from Northwestern University.
The SPAC is managed and backed by executives from Pacific Aegis Capital Management, Gobi Partners and Hermitage Capital.
Participants will be onboarded to a platform of an AI supercomputing centre operated by Cyberport, with technical trials expected to begin early next year.
The reform aims to lower overall transaction costs and support a more efficient price-discovery process, says HKEX deputy CEO.
The event on January 13 and 14 will bring together 100 global policymakers, business leaders, investors and experts.
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The move provides flexibility to international investors and promotes yuan internationalisation, says bourse operator HKEX.
Planned trip in February will stop in Beijing, Shanghai, Shenzhen and Hong Kong amid ‘overwhelming interest’ in the UAE financial centre.
Indebtedness in the US, China and most major countries has increased at ‘unprecedented levels’ and will not be sustainable, he says.
The offering sees underwhelming investor demand, missing expectations.
The government published the Stablecoins Bill in the gazette on December 6; first reading in the Legislative Council set for December 18.
Consortium offers HK$13 per share to take ESR private, or a stock swap with an offshore entity in a bid to refocus its business.
The UK lender is banking on winning new clients with more than US$10 million of assets in target markets.
UBS says China M&A deal volume fell 10 per cent in November from a year earlier to US$297 billion.
Additional verification procedures will be necessary to transfer locked-up funds when banks roll out the optional tool next year.
China Mobile has received undertakings from Canada Pension Plan Investment Board and US private equity firm TPG, which hold a combined 25 per cent stake.
A potential trade war will not alter the US bank’s expansion plans in Asia, or Hong Kong’s importance, Fraser says in an exclusive interview.
‘More tariffs may mean that the globalisation of Chinese companies is going to get faster,’ Deloitte analyst says.
Alternative asset manager launches Blackstone University programme along with Private Wealth Management Association.
The Global Financial Leaders’ Investment Summit will be back for a fourth year next November, HKMA CEO Eddie Yue says.
Speakers at the Global Financial Leaders’ Investment Summit say collaboration and strategic thinking hold the key to tackling a divided world.
How asset managers are exploring the use of artificial intelligence, while regulators including Hong Kong’s watchdog try to set guard rails.
The bond, which pays an annual coupon of 2.15 per cent, also reinforces Hong Kong’s role as the world’s offshore yuan centre, bank says.
Digital bank says clients need better services, easier access to financing.
A number of market participants say there is reason to believe that more economic relief is on the way.
In the regular session, the Hang Seng Index declined 1.1 per cent, but things went south after the close.
IPO of Chinese auto-parts maker ranks second to Kwai Chung’s 2018 offering as the most coveted by Hong Kong retail investors.
Trump’s presidency is often associated with trade war and tariffs, while huge stock returns are overlooked.
New data showed that China’s export growth surged to a 27-month high in October, rising 12.7 per cent from a year earlier.
Trump was three votes away from taking back the White House at press time; traders assess potential fallouts on global trade, financial markets.
Latest reports showed China’s services sector and manufacturing activity expanded in October after Beijing’s stimulus blitz.
Net fund flows have surged 48 per cent year on year, with an ETF tracking the Hang Seng Index surpassing Tencent in daily volume.
