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Hong Kong relaxes some stablecoin rules, launches limited trials with 3 industry players
South China Morning Post via Yahoo Singapore Finance· 3 days agoHong Kong regulators have decided to keep many tough requirements set out last year in a proposal for regulating stablecoins, but made some concessions following public feedback, just ahead ...
Sun Hung Kai Capital teams up with GAM Investments to boost business across Greater China
South China Morning Post via Yahoo Singapore Finance· 3 days agoA subsidiary of Sun Hung Kai & Co (SHK&Co) has teamed up with GAM Investments to manage and...
Deutsche Bank looks to Asia-Pacific wealth management business to drive core growth
South China Morning Post via Yahoo Singapore Finance· 3 days agoDeutsche Bank is aiming for Asia-Pacific to contribute at least 15 per cent of its global revenue in...
HSBC promotes CFO Elhedery to chief executive, replacing Quinn who retires in September
South China Morning Post via Yahoo Singapore Finance· 4 days agoHSBC promoted its chief financial officer Georges Elhedery as the chief executive of Europe's largest bank to replace Noel Quinn as the current CEO retires on September 1. Elhedery, 50, joined ...
WTO says China is backsliding on key reforms and lacks transparency on subsidies
South China Morning Post via Yahoo Singapore Finance· 4 days agoChina's progress on key structural changes to its economy has stalled and Beijing has not been...
Tech war: ASML's China shipments rebound in second quarter but further restrictions loom
South China Morning Post via Yahoo Singapore Finance· 4 days agoAt the same time, reports that Washington is considering even tighter restrictions on tech exports...
Huawei enters new partnership to drive increased AI adoption in China's heavy industries
South China Morning Post via Yahoo Singapore Finance· 4 days agoHuawei Technologies has entered into a partnership with Sichuan Zigong Conveying Machine Group Co...
China's second-largest car dealer faces forced delisting as investors snub its shares
South China Morning Post via Yahoo Singapore Finance· 4 days agoChina Grand Automotive Service, the mainland's second-largest car dealer in terms of sales, is set to be expelled from the Shanghai Stock Exchange after its shares traded ...
US dollars exit China's VC market, ending 2-decade marriage that enabled rise of start-ups
South China Morning Post via Yahoo Singapore Finance· 4 days agoA sea change is taking place in China's venture capital (VC) industry as the two-decade marriage...
Shenzhen to put autonomous buses on roads as China accelerates self-driving vehicle tests
South China Morning Post via Yahoo Singapore Finance· 4 days agoChina's southern tech hub of Shenzhen plans to put a fleet of 20 driverless buses on the road this year, according to the local bus operator, amid the country's push for a ...