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A wave of defaults hit the P2P lending sector in June, wiping out savings worth hundreds of billions of dollars that investors lent through P2P platforms.
A wave of defaults hit the P2P lending sector in June, wiping out savings worth hundreds of billions of dollars that investors lent through P2P platforms.
The technology enables computers to scan and read hard copies of clients’ financial statements and make key calculations for humans who will make the final decisions, a Citi Hong Kong official said.
The technology enables computers to scan and read hard copies of clients’ financial statements and make key calculations for humans who will make the final decisions, a Citi Hong Kong official said.
The SFC did not name the listed company suspected of disclosing false information
The SFC did not name the listed company suspected of disclosing false information
Beijing Jingxi Culture and Tourism Co jumped by 10 per cent on Monday
Beijing Jingxi Culture and Tourism Co jumped by 10 per cent on Monday
Traders feeling frisky in early trading after bizarre end to Thursday, when a clutch of smaller stocks plunged by as much as 81 per cent.
Traders feeling frisky in early trading after bizarre end to Thursday, when a clutch of smaller stocks plunged by as much as 81 per cent.
Hang Seng slips in late trading after clutch of Hong Kong-listed shares drops – one by 81 per cent – and dents trader optimism.
Hang Seng slips in late trading after clutch of Hong Kong-listed shares drops – one by 81 per cent – and dents trader optimism.
Xiaomi falls after a media report that investor sold 231 million class B shares – and it wasn’t a pretty day for smartphone suppliers either.
Xiaomi falls after a media report that investor sold 231 million class B shares – and it wasn’t a pretty day for smartphone suppliers either.
Traders pile into stocks -- from banks and insurers to automobiles -- after Chinese government pledges targeted tax breaks for businesses amid slowdown.
Traders pile into stocks -- from banks and insurers to automobiles -- after Chinese government pledges targeted tax breaks for businesses amid slowdown.
December trade data shows damage of US-China trade war on world’s second-largest economy – and ratchets up the stakes for China to resolve the battle.
December trade data shows damage of US-China trade war on world’s second-largest economy – and ratchets up the stakes for China to resolve the battle.
Market mood is upbeat, getting a boost from optimism over trade war progress and expectations about pro-growth policies.
Market mood is upbeat, getting a boost from optimism over trade war progress and expectations about pro-growth policies.
Developer cut commission to just 1.7 per cent amid a market downturn, on Saturday only a third of its flats on sale at Grand Central project were bought.
Developer cut commission to just 1.7 per cent amid a market downturn, on Saturday only a third of its flats on sale at Grand Central project were bought.
After nightmarish 2018, Hang Seng, Shanghai benchmarks are in negative territory for the new year
After nightmarish 2018, Hang Seng, Shanghai benchmarks are in negative territory for the new year
The fund aims to raise US$1.5b to invest in higher education segment, despite Beijing’s tightening of the private education sector since second half of 2018
The fund aims to raise US$1.5b to invest in higher education segment, despite Beijing’s tightening of the private education sector since second half of 2018
The 78-year-old Hong Kong drink maker has suddenly found itself one of the hottest brands among Chinese youth.
The 78-year-old Hong Kong drink maker has suddenly found itself one of the hottest brands among Chinese youth.
Traders say goodbye to wretched year that recorded the worst performance of the Hang Seng Index in seven years.
Traders say goodbye to wretched year that recorded the worst performance of the Hang Seng Index in seven years.
The big elephant in the room is the US-China trade war. A positive resolution could spark a rally in both Hong Kong and mainland markets.
The big elephant in the room is the US-China trade war. A positive resolution could spark a rally in both Hong Kong and mainland markets.
Hong Kong’s stock exchange has been closed since Monday noon, before an avalanche of turmoil in the US. So traders are jittery about what may happen when it reopens on Thursday.
Hong Kong’s stock exchange has been closed since Monday noon, before an avalanche of turmoil in the US. So traders are jittery about what may happen when it reopens on Thursday.
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