The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world. ( read original story ...)
Hong Kong’s latest inflation-linked bonds are oversubscribed, attract US$5 billion from investors dejected by Ant IPO suspension
Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors. ( read original story ...)
ByteDance Rival Kuaishou Technology Files for Hong Kong IPO
Chinese video-sharing startup Kuaishou Technology filed an application for a Hong Kong initial public offering, raising hopes that the city will continue to see a wave of listings from fast-growing ... ( read original story ...)
Hong Kong police launch hotline for residents to inform on each other
Hong Kong police have launched a hotline for the city’s residents to inform anonymously on anyone they allege has broken a sweeping new national security law. Critics say the measure has disturbing ... ( read original story ...)
HSBC, Bank of China (HK) pocket up to US$3.2 million in fees from Ant’s IPO loans, even as brokers waive charges on halted stock sale
HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group's suspended initial public offering (IPO) in Hong Kong, will pocket up to HK$25 million (US$3.2 million) in interest ... ( read original story ...)
Hong Kong police officer among 11 arrested over suspected money laundering involving more than HK$200 million
A 23-year-old Hong Kong police officer was among 11 people arrested on Thursday on suspicion of running a money-laundering syndicate involving more than HK$200 million (US$26 million) since last year. ( read original story ...)
Here’s How Ant Can Rise Again After That IPO Shock
(Bloomberg Opinion) -- Ant Group Co. will survive the 11th-hour suspension of its blockbuster $35 billion listing in Shanghai and Hong Kong if the company can learn from its technology peers. If there ... ( read original story ...)
HSBC, BOCHK to pocket up to US$3.2 million in interest income from loans for halted Ant IPO, even as smaller lenders waive charges
HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group’s suspended IPO in Hong Kong, will pocket up to HK$25 million in interest income, after opting not to waive interest ... ( read original story ...)
Moody’s takes stake in Hong Kong fintech startup MioTech
Financial services firm Moody's on Thursday said it acquired a minority stake in MioTech, a Hong Kong-based fintech startup that uses artificial intelligence to generate data for asset managers and ... ( read original story ...)
Hong Kong airport worker confirmed with Covid-19, sparking temporary closure of two schools and suspension of children’s soccer training
The Covid-19 infection of an aircraft repairman has triggered the temporary closure of two schools in Hong Kong and suspension of some soccer training sessions. The Centre for Health Protection said ... ( read original story ...)
Hong Kong public broadcaster under ‘immense pressure’ as it attempts to help arrested journalist, staff union chief says
Senior management at Hong Kong's public broadcaster has been "under immense pressure" in its attempts to help an arrested freelance journalist who co-produced a news programme for the station, a union ... ( read original story ...)
Hong Kong: People invited to snitch on their neighbours
Police in Hong Kong have launched a hotline where residents can report breaches of the national security law imposed by Beijing earlier this year. The law criminalises secession, subversion and ... ( read original story ...)
Hong Kong Homeowners Look to Sell as Emigration Demand Rises
Hong Kong is seeing a surge in home listings as the recession and a security crackdown by China prompt more residents to sell their properties. ( read original story ...)
Outrage as Hong Kong launches national security crime hotline
Hong Kong police unveiled a dedicated hotline on Thursday for residents to report alleged national security threats, sparking criticism that the move will deepen distrust among residents in the ... ( read original story ...)