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Month: February 2021

Posted on 09/02/2021

UPDATE 3-Hong Kong stock exchange names JPMorgan’s Aguzin as new chief executive

The Hong Kong stock exchange operator on Tuesday named JPMorgan Chase & Co's international private bank head Nicolas Aguzin as its chief executive, a role in which he will be expected to step up the ... ( read original story ...)

Posted on 09/02/2021

BlackRock names Cohen head of Europe business as Lord heads to Hong Kong

Rachel Lord, who has overseen BlackRock’s business in Europe, the Middle East and Africa for the past three years, will relocate to Hong Kong to oversee its operations in Asia Pacific ... ( read original story ...)

Posted on 09/02/2021

‘Power in Solidarity’: Myanmar Protesters Inspired by Hong Kong and Thailand

Myanmar Protesters Inspired by Hong Kong and Thailand Passers-by and storekeepers returned the salute as Myat and her fellow demonstrators sang protest songs, while police watched on. That was on ... ( read original story ...)

Posted on 09/02/2021

Hong Kong shares close higher with energy firms leading gains on higher oil prices

Hong Kong shares ended higher on Tuesday with energy stocks leading gains, following rising oil prices as investors were reassured by a quicker economic recovery. ** At the close of trade, the Hang ... ( read original story ...)

Posted on 09/02/2021

JPMorgan’s Aguzin Named CEO of Hong Kong Exchange, Sources Say

Nicolas Aguzin, who heads JPMorgan Chase & Co.’s international private bank, is resigning from the U.S. lender to be named chief executive officer of Hong Kong’s stock exchange. ( read original story ...)

Posted on 09/02/2021

81 arrested in Hong Kong as triad-led gambling shops busted

A greater focus on illegal gambling operations with ties to triads has been put in motion throughout the region and has already found several big targets. There is likely more to come, as well, as ... ( read original story ...)

Posted on 09/02/2021

China, Hong Kong shares rise as metal and rare earth firms shine

At the midday break, the Shanghai Composite index was up 1.22 per cent at 3,575.66 points. China's blue-chip CSI300 index was up 1.45 per cent. ( read original story ...)

Posted on 09/02/2021

BlackRock’s new Asia-Pacific chief sees Hong Kong retaining its power

Hong Kong will continue to be a pre-eminent financial centre and play a central role in opening up China’s financial system to the rest of the world, despite recent political upheaval, according to ... ( read original story ...)

Posted on 09/02/2021

Hong Kong Leader Confirms No Consular Protection For Dual Nationals

Hong Kongers with dual nationality are not entitled to foreign consular assistance, the city's leader said Tuesday, confirming warnings by western diplomats that authorities have begun strictly ... ( read original story ...)

Posted on 09/02/2021

Hong Kong business tycoon Jimmy Lai to remain in custody

Hong Kong top court on Tuesday ordered business tycoon Jimmy Lai Chee-ying to stay behind bars on charges of fraud and colluding with foreign forces under Nat ... ( read original story ...)

Posted on 09/02/2021

Pacific Prime Acquires CXA Group’s Brokerages to Become the 3rd Largest Employee Benefits Broker in Singapore and Hong Kong

Global insurance brokerage Pacific Prime has solidified its foothold in Asia Pacific by acquiring the Hong Kong and Singapore brokerage arms of CXA Group, an insurtech company that has exited this ... ( read original story ...)

Posted on 09/02/2021

Hong Kong’s status as international financial center remains stable: data

Pedestrians pass by the office of HKEX in Hong Kong. File photo: VCG. As some express concerns about Hong Kong Special Administrative Region's future as an international financial ... ( read original story ...)

Posted on 09/02/2021

Hang Seng Index fluctuates as oil, casino stocks advance in reflation trade amid PBOC policy assurance

The Hang Seng Index approaches the highest level since January 25 when the gauge settled above 30,000 points. China pledges stability in monetary policy while global reflation trade lifts oil and ... ( read original story ...)

Posted on 09/02/2021

A Hong Kong Court Denies Bail for Opposition Publisher Jimmy Lai

A Hong Kong court on Tuesday denied bail for government critic and newspaper publisher Jimmy Lai who is facing charges under a sweeping new national security law. The ruling by the Court of Final ... ( read original story ...)

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