Hong Kong’s securities regulator has fined Goldman Sachs’s Asia business a record $350m for serious deficiencies in risk compliance and money laundering controls in relation to Malaysia’s 1MDB. The ... ( read original story ...)
Hong Kong Consumer Prices in Worst Deflation Run Since 2009
Hong Kong’s consumer prices contracted for a third month in September, matching the longest deflationary stretch in more than a decade largely because of government relief measures to combat the ... ( read original story ...)
What it’s like to travel from the US to Hong Kong amid Covid
In August 2020, Karina Tsui traveled back from New York to her native Hong Kong, where she had to quarantine in a hotel for two weeks. Here's what went down. ( read original story ...)
Ant Group IPO gets the green light from regulators for its blockbuster listing
Ant Group — the crown jewel of billionaire Jack Ma's tech empire — is one step closer to its highly anticipated market IPO in Shanghai and Hong Kong. ( read original story ...)
Hong Kong stocks inch higher as financials lend support
Hong Kong-listed shares of BYD Co Ltd rose as much ... the head of the central bank Yi Gang said on Wednesday. ** China’s main Shanghai Composite index closed down 0.38% at 3,312.50, while ... ( read original story ...)
10 Swiss Fintech Startups Get Ready to Accelerate Their Growth in Asia with Venture Leaders
For the second edition of Venture Leader Fintech in Hong Kong, swissnex China is proud to be supporting a high-quality delegation of top Swiss fintech startups for a pitching and fundraising ... ( read original story ...)
Top Meteorologist ‘Ashamed’ of Hong Kong Climate Plans
Lam Chiu-ying spent half his life working for the Hong Kong government. Late last month, the 71-year-old meteorologist quit his job as the head of an expert group advising policy makers on combating ... ( read original story ...)
Hong Kong says Germany harbouring a criminal after granting asylum to protester
Meeting called with Germany’s consul general to lodge objections in what Hong Kong regards as ‘internal matters’ to China ... ( read original story ...)
Hong Kong’s ‘lions’ are back to their rightful places
HSBC, which counts Hong Kong as its biggest market, has been caught in a tough spot. The attack on the lions came after the bank closed an account linked to the city's pro-democracy movement in ... ( read original story ...)
China, Hong Kong stocks slide with eyes on rising political tension, US stimulus impasse
China’s stocks fall by the most in four weeks while the Hang Seng Index retreats from a six-week high amid concerns about rising volatility and political tension before the US presidential election. ( read original story ...)
Big-Name Hedge Funds Raise Billions in Asia as Startups Struggle
Established Asian hedge funds have attracted the lion’s share of new money this year, while startups have been hamstrung by global travel curbs that have made it impossible for face-to-face meetings ... ( read original story ...)
HSBC’s Iconic Hong Kong Lions Make Return in Subdued City
Damaged and defaced during tumultuous protests at the start of this year, the two bronze lion statues standing guard outside HSBC Holdings Plc’s main office in Hong Kong have made their return to the ... ( read original story ...)
China stocks fall as healthcare, industrial firms weigh; Hong Kong slips
The tech-heavy start-up board ChiNext declined 1.4% ... The Hang Seng index dropped 0.2%, to 24,699.11 points, while the Hong Kong China Enterprises Index lost 0.3%, to 10,047.16. ( read original story ...)
Hong Kong Bourse Due For Profit Taking On Thursday
The Hong Kong stock market has climbed higher in four straight sessions, surging more than 600 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 24,750-point plateau ... ( read original story ...)