IRELAND SEVENS GOT their Hong Kong campaign off to a perfect start this morning with wins over the Cook Islands and Jamaica. Anthony Eddy’s men began the tournament, in which victory will secure a place in the Sevens World Series, with a dominant 41 ... ( read original story ...)
Hang Seng closes up 326 points
Stocks in Hong Kong rebounded on Friday despite declines in regional ... HSBC Holdings (0005) rose 0.90 percent to HK$73.05 and its subsidiary, Hang Seng Bank (0011), surged 2.79 percent, or HK$5.00, to HK$184.00. Apple suppliers were among the top blue ... ( read original story ...)
‘Socially irresponsible drinking’: how the Hong Kong Sevens means big business for the bars of Wan Chai
It’s not just the sex workers in Wan Chai who win big during Cathay Pacific/HSBC Hong Kong Sevens week, but the bars too. Most revellers naturally set sail for Wan Chai as they pour out of Hong Kong Stadium – it’s a perfect fit being walking distance ... ( read original story ...)
Cryptocurrency miner Canaan eyes IPO; bets on China’s push for chip industry
The company says it supplies around a quarter of the global bitcoin blockchain computing power. Canaan is considering an IPO in Hong Kong or the United States, co-chairman Jianping Kong said in an interview. “We ... prefer listing outside mainland China ... ( read original story ...)
From Fiji to fancy dress, how rugby fell in love with the Hong Kong Sevens
(CNN)In 2015, high over the North Stand of Hong Kong Stadium, above the commentators and scorers booths, comedian Al Murray sipped from a bottle of water. It had been a pleasantly grueling few days at the Hong Kong Sevens. You know he typed this out with a ... ( read original story ...)
Hong Kong-Zhuhai-Macau bridge ‘scientifically proven to be safe’ says Carrie Lam
Hong Kong’s leader has moved to allay public fears over the structural integrity of the “world class” bridge linking the city to Macau and Zhuhai, calling its stability “scientifically proven”. Chief Executive Carrie Lam Cheng Yuet-ngor made her ... ( read original story ...)
India asks Hong Kong to arrest jeweler Nirav Modi in bank fraud
NEW DELHI (Reuters) - India has asked authorities in Hong Kong to arrest jeweler Nirav Modi, one of the main suspects in a $2-billion fraud at state-run Punjab National Bank (PNBK.NS), the government said, suggesting it believes the fugitive is in the ... ( read original story ...)
Hong Kong fund says Toshiba chip unit worth more than $30 billion
TOKYO (Reuters) - A Hong Kong-based activist investment fund opposed to Toshiba Corp’s (6502.T) sale of its chip unit to a Bain Capital-led group said the deal should be renegotiated at a valuation of 3.3 trillion yen to 4.4 trillion yen ($30 billion-$41 ... ( read original story ...)
US company duped into sending US$3 million to Hong Kong account
An email scammer duped an American company into transferring US$3 million (HK$23.5 million) to a Hong Kong bank account last month, police sources revealed on Thursday, as the amount of money in cases handled by the force’s anti-fraud team surged to ... ( read original story ...)
16 Singapore banking jobs that pay $10k a month after just three years
These are the Singapore banking jobs where that’s possible. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ You’re an intern or analyst in Singapore wondering which banking roles will land you a salary large enough to ... ( read original story ...)
PNB bank fraud: India has requested Hong Kong for Nirav Modi’s arrest, says MEA
India has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with the Punjab National Bank (PNB) fraud, the Ministry of External Affairs said on Thursday. “The ministry has sought the provisional ... ( read original story ...)
Hong Kong’s most expensive office The Center to lose first big tenant as Goldman Sachs set to move out
Hong Kong’s most expensive office building may be becoming too expensive for one of its top tenants. Global investment bank Goldman Sachs is set to move out of The Center, a 73-storey tower in the city’s Central district that sold for a record HK$40.2 ... ( read original story ...)
Nirav Modi in Hong Kong? Govt sends request for provisional arrest
Modi and Choksi had fled the country after the alleged bank fraud came to light. NEW DELHI: The Ministry of External Affairs has submitted a request to Hong Kong authorities for provisional arrest of Nirav Modi, wanted in connection with PNB loan fraud ... ( read original story ...)
Can a young lawmaker’s success spur renewal in Hong Kong’s pro-establishment ranks?
When 38-year-old Vincent Cheng Wing-shun won the Kowloon West seat last month in Hong Kong’s Legislative Council by-election, the pro-establishment camp rejoiced. It was the first time since the city’s return to Chinese rule in 1997 that they had swept ... ( read original story ...)