NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
Tags: Hong Kong
Multichannel bags USD3 million to track marketing spend
Hong Kong-based tech startup Multichannel raised USD3 million in a seed round from angel investors in Asia and Europe to be used for the improvement of the company's marketing spend tracker.
Weigao Group to sell entire stake in Biosensors
China's Shandong Weigao Group Medical Polymer Co Ltd announced its intention to sell its entire 21.7% stake in medical device manufacturer Biosensors International Group Ltd for USD312.3 million.
Corporate Travel Management to buy majority stake in Westminster Travel
Australia-based Corporate Travel Management (CTM) announced that it is seeking to raise AUD53 million (USD49.6 million) to buy a 75.1% stake in travel service provider Westminster Travel.
Temasek and Hopu buy USD213 million stake in Chinese dairy company
Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
Latest News
Japan Exchange fell after expectations were unmet as major stocks pulled down the market. The biggest decline was registered with Asian stocks since August after the forecasts Canon Inc to Japan Exchange Group Inc had frustrated investors at the same time money market rates had urged in the second largest economy in the world.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Hong Kong's Wing Hang Bank Ltd. and Chong Hing Bank Ltd. might go on sale after valuations approached levels that were last seen during the 2008 global financial crisis.
Tencent Holdings, with its recent share value rise, pushed the overall value to above USD100 billion.
Chinese representatives in Hong Kong had ruled out nominations for the 2017 elections, the strongest sign that China's pledge of democracy came with certain conditions.
Royal Bank of Scotland's former trader Sharlina Tsang was sentenced to 50 months of imprisonment in Hong Kong after she had pleaded guilty for fraud.
Sources said China Huishan Dairy Holdings would be filing for a Hong Kong IPO to raise USD 1.3 billion.
China Merchants Bank Co. announced that it had raised USD27.5 billion listed on the Shanghai Stock Exchange.
The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.
