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Tag: banking

Posted on 21/05/2019

Hong Kong’s HSBC-dominated banking landscape is set for a virtual revolution

Britain was granted a 99-year lease for the rocky island following the aftermath of the First Opium War and the Hongkong and Shanghai Banking Corporation (HSBC) was created to provide financing for ... ( read original story ...)

Posted on 21/05/2019

China’s central bank won’t let yuan weaken past 7 to the dollar: sources

SHANGHAI/BEIJING (Reuters) - China's central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three ... ( read original story ...)

Posted on 21/05/2019

Famed architect I.M. Pei’s legacy stands tall in Hong Kong through Bank of China Tower

He also said that at the time, its neighbour, the Hongkong and Shanghai Banking Corporation, had just completed its new headquarters, designed by another giant of the architectural world, Norman ... ( read original story ...)

Posted on 21/05/2019

Yuan off 5-1/2-mth low after central bank vows to keep currency stable

SHANGHAI: China’s yuan bounced from a 5-1/2-month low against the US dollar hit last week, helped by a firmer-than-expected midpoint and the central bank’s pledge to keep the currency stable. Prior to ... ( read original story ...)

Posted on 21/05/2019

China’s central bank will not let yuan decline past 7 to the dollar: sources

SHANGHAI/BEIJING (Reuters) - China’s central bank will use foreign exchange intervention and monetary policy tools to ensure the yuan does not weaken past the 7-per-dollar key level in the immediate ... ( read original story ...)

Posted on 19/05/2019

The Luckin Coffee IPO Is Today. Here’s Everything You Need to Know About the ‘Starbucks of China’

Like other IPOs, the initial offering price of $17 is what institutional ... McDonald’s McCafe, for example, also launched its delivery service last year in Shanghai. Luckin’s coffee recipes are not ... ( read original story ...)

Posted on 19/05/2019

The Luckin Coffee IPO Is Here. The Stock Price, Market Cap, and More to Know – Barron’s

Like other IPOs, the initial offering price of $17 is what institutional ... McDonald’s McCafe, for example, also launched its delivery service last year in Shanghai. Luckin’s coffee recipes are not ... ( read original story ...)

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