Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperwork. The stock exchange and the Securities and Futures Commission recently sounded ...
Hong Kong grapples with banker shortage to keep up with IPO boom
Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperwork Read more at The Business Times.
Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus
McKinsey’s Joe Ngai says 98% of companies are testing AI but only a small fraction see profit impact, as organizational inertia—not technology—remains the biggest bottleneck.
Hong Kong’s 5 richest billionaires own $141B, with most held by ‘big four’ tycoon families
The five richest billionaires in Hong Kong have a combined net worth of US$141.2 billion, of which over 80% is owned by the city’s “big four” tycoon families.
Hong Kong should see the ‘silver economy’ as a golden opportunity
The city could reframe its ageing trend by working to become a global capital for 'longevity finance' and supporting East-West healthcare innovations Hong Kong stands at a definitive demographic ...
CALM Chain International Seeks IPO At Excessive Valuation And High Risks
CALM Chain International Limited seeks $18M U.S. IPO for Hong Kong HR outsourcing. Click for more on the upcoming CCIL stock offering.
Hong Kong’s CK Hutchison warns of legal action over Panama Canal ports
Hong Kong’s CK Hutchison Holdings warned of legal action on Thursday against a Danish logistics and ports group, after the latter was tapped by Panamanian authorities to temporarily take over the ...
With Jimmy Lai in jail, have Trump and the West abandoned Hong Kong?
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In Hong Kong’s IPO boom, Chinese banks face talent crunch test
A shortage of talent risks undercutting Chinese investment banks' booming listing business in Hong Kong and tests their ability to meet new regulatory rules on the number of mandates they can accept, ...
UAE and Hong Kong strengthen financial ties with new cross‑border market integration
The UAE and Hong Kong deepen financial cooperation as the CBUAE joins Hong Kong’s Central Moneymarkets Unit, expanding investor access and boosting regional market connectivity ...
Chinese sea captain pleads not guilty in Hong Kong court to damaging Baltic Sea cables
A Chinese sea captain of a Hong Kong-flagged vessel accused of damaging undersea cables and a gas pipeline in the Baltic Sea in 2023 pleaded not guilty Wednesday in a Hong Kong court. Wan Wenguo, captain of the Newnew Polar Bear container ship,
China’s Wuxi Lead stages muted Hong Kong debut after $627 million offering
By Donny Kwok and Yantoultra Ngui HONG KONG/SINGAPORE, Feb 11 (Reuters) - Wuxi Lead Intelligent Equipment had a flat trading debut in Hong Kong on Wednesday after the Chinese industrial automation equipment maker raised HK$4.
Hong Kong banks’ profit growth slows as rising bad debts offset wealth-management income
Profit growth slows to 7.3 per cent from 8.4 per cent a year earlier as bad loans exceed two-decade average, HKMA says Hong Kong's retail banks posted 7.3 per cent pre-tax profit growth last year, as ...
’70 percent of white-collar workers in HK use AI’
A survey carried out by management consultancy McKinsey suggests around 70 percent of white-collar employees in Hong ...