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- Indexed articles, last 90 days
- 6
- Latest publication
- Sep 4, 2026
- Outlet visibility, for DealStreetAsia
- Top 5M sites
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- Jul 28, 2026
Latest articles
China may approve Citi's brokerage unit licence this month (opens the original)
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Citigroup expects to get regulatory approval for its wholly-owned China brokerage business as soon as this month and plans to add several dozen staff at the unit over the next few months, said two people with knowledge of the matter. The long-awaited final Chinese regulatory approval for the business could be granted around the time of Chinese President Xi Jinping’s planned visit to Washington to meet with U.S. President Donald Trump in late September, the sources said. The expected regulatory a
Shein's Hong Kong IPO pricing values it at $26.5b (opens the original)
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Online fast-fashion retailer Shein is set to price its Hong Kong initial public offering near the midpoint of its marketed range, raising $1.7 billion and valuing the company at about $26.5 billion, two people with knowledge of the matter said. The company is set to price the deal at HK$48.56 a share, near the midpoint of its HK$47.60 to HK$49.50 range, the people said, raising about HK$13.6 billion ($1.73 billion). The sources spoke on condition of anonymity as the information is not publicly a
Fidelity International plans to pull out of wholly owned China fund unit (opens the original)
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Fidelity International (FIL) plans to exit its wholly owned China fund unit, two people familiar with the matter said, marking one of the biggest retreats by a global asset manager from the world’s second-largest economy. London-headquartered FIL, which manages $1.18 trillion in client assets globally, is weighing a total retreat from its onshore fund unit three years after its launch, according to the two people who spoke on condition of anonymity because the exit plan is not public. A combina
Citi, HSBC, StanChart sign up for Ant International’s forex AI tool (opens the original)
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Ant International launched an upgraded version of its artificial intelligence model on Thursday, signing up major global banks as financial institutions accelerate the adoption of specialised AI to manage liquidity risks. The Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including Citi, HSBC, Deutsche Bank, Standard Chartered, and Barclays, according to Kelvin Li, the firm’s general manager of platform tech. The launc
HSBC beats H1 profit estimates, resumes $1b buyback (opens the original)
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HSBC Holdings reported a better-than-expected first-half profit and raised its net interest income target, driven by revenue growth in lending and wealth management fee earnings on robust money flows. Europe’s largest bank posted a pretax profit of $19.5 billion for the first six months of this year, up 23% from $15.8 billion a year earlier and ahead of the $18.9 billion that analysts forecast. HSBC’s solid performance reflects the payoff of its Asian focus, where an overhaul targeting wealth an
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