Hong Kong’s 400,000-strong Catholic community is mourning the loss of its leader, Reverend Michael Yeung Ming-cheung, who died on Thursday at the age of 73. The city’s Catholic diocese released a stat... ( read original story ...)
Two gay men mount first legal challenges to Hong Kong laws banning same-sex marriage, with court giving their applications green light to proceed
Two Hong Kong gay men have launched the first legal bids challenging the city for not allowing them to get married, it was revealed during a court hearing on Thursday. The two separate legal challenge... ( read original story ...)
Hong Kong to hold 12th Asian Financial Forum to discuss economic sustainability
HONG KONG, Jan. 3 (Xinhua) -- The 12th Asian Financial Forum will be held on Jan. 14 to 15 in Hong Kong, with attendees from different countries and regions discussing the latest global economic situa... ( read original story ...)
Hong Kong central bank fines JPMorgan Chase for money laundering failures
The Monetary Authority reprimands and fines JPMorgan Chase Bank, National Association, Hong Kong Branch for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. (a) h... ( read original story ...)
HKTDC: HONG KONG JEWELLERY EXPORTS FACE MIXED FUTURE
In a recent article published by the Hong Kong Trade & Development Council (HKTDC), the trade organization looks back at 2018 and predicts several trends for Hong Kong exports in 2019, including the j... ( read original story ...)
Hong Kong Catholic leader Michael Yeung Ming-Cheung dead at 73
Hong Kong’s Catholic Church leader Reverend Michael Yeung Ming ... Yeung’s successor remains unknown. Before news of his death emerged, the city’s Catholic diocese said in a media statement in the mor... ( read original story ...)
Hong Kong’s IPO market: hot no more
The Hong Kong Stock Exchange recorded HK$286.5bn ($36.6bn) in funds raised last year, an impressive 123% jump from 2017, to overtake the New York Stock Exchange. That may be cause for some celebration ... ( read original story ...)
Hong Kong Plunges in Year’s First Session
Markets in Japan were shut down for the day, as were indexes in New Zealand In Hong Kong, the Hang Seng Index tumbled ... Australia and New Zealand Banking Group dropped 2.5%, Commonwealth Bank of Aus... ( read original story ...)
The six most popular career changes in Asian banking for 2019
Recruiters in Singapore and Hong Kong say they have noticed an uptick in candidates contacting them about shifting into new parts of the banking sector. This is, of course, far from ... ( read original story ...)
HKMA Slaps $1.6M Fine on JPMorgan Hong Kong over AML Breaches
fine on JPMorgan Chase & Co’s Hong Kong branch and reprimanded it over lapses in the bank’s money laundering and terrorist financing rules, between April 2012 and February 2014. An HKMA investigation ... ( read original story ...)
SMEs expected to dominate Hong Kong IPO in 2019
PwC expects Hong Kong market will be dominated by small and medium size IPOs in 2019, with an expected total fundraising between HK$200 billion to 220 billion supported by a healthy pipeline of over 2... ( read original story ...)
China Tobacco’s IPO Will Be Far From Smoking Hot
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)
Hong Kong gov’t bid to redevelop Fanling course ‘absurd’ says golf alliance convener
Hong Kong business will be harmed if the government takes back Fanling golf course for housing development, said the convener of a group of golf players, calling the proposal “absurd.” A partial devel... ( read original story ...)
Overseas unit of China’s cigarette monopoly files for Hong Kong IPO
HONG KONG (Reuters) - China Tobacco International, the overseas subsidiary of China’s state-owned tobacco monopoly and the world’s largest tobacco producer by volume, has filed for a Hong Kong ... ( read original story ...)