The Hong Kong financial market regulator is keeping a watchful eye on Switzerland’s UBS. A further case involving questionable activities by an investment banker has now come to light. Former UBS investment banker Calvin Choi (pictured below) seems to ... ( read original story ...)
Hong Kong’s startup market turning toxic for investors
HONG KONG -- Hong Kong's venture-oriented Growth Enterprise Market sank to a new low in May despite the global stock boom, having lost investors' confidence amid the history of controversies surrounding its component stocks. The S&P/Hong Kong GEM Index is ... ( read original story ...)
Hong Kong crowned world’s most competitive economy, beating Singapore
Hong Kong has been crowned the world’s most competitive economy for the second year running, ahead of Switzerland and Singapore, in an annual report from the International Institute for Management Development. The Swiss business school ranked Hong Kong ... ( read original story ...)
Uber posts multimillion dollar loss as revenue grow and finance head quits
HONG KONG - Ride-hailing giant Uber has reported another multibillion ... The company also said its head of finance, Gautam Gupta, is departing, becoming the latest high profile executive to leave amid a string of troubles facing the company. ( read original story ...)
Hong Kong considering using facial or fingerprint recognition in ATMs
All China UnionPay bank cardholders “will be required to scan their mainland identity card and undergo a facial recognition check” to withdraw cash. Earlier this year, the Hong Kong government announced it will introduce a facial biometrics-enabled ... ( read original story ...)
Hong Kong stocks end flat, but up for 5th month
May 31 Hong Kong stocks ended Wednesday roughly flat ... The Thomson Reuters Trust Principles Next In Financials ( read original story ...)