Party heads say they cannot turn to traditional sources to raise funds such as demonstrations and annual dinners because of social-distancing rules. ( read original story ...)
CBDCs: People’s Bank of China and the Hong Kong Monetary Authority Testing Digital Yuan
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have begun testing its central bank digital currency (CBDC) or digital yuan for cross-border transfers, according to a ... ( read original story ...)
What made ‘Superman’ Li Ka-shing, the former owner of an oil firm, become an environmentally-aware investor?
Underpinned by a global shift among regulators, investors and consumers toward decarbonisation, hydrogen is receiving unprecedented interest and investment, according to a February report called ... ( read original story ...)
Hong Kong businesses bloom over Easter as holiday spending locally almost reaches pre-coronavirus levels
Hotel occupancy hits 90 per cent as lack of travel sees residents opt for staycations, while city’s theme parks and restaurants all report surge over five-day holiday. ( read original story ...)
Can Singapore’s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?
Singapore’s office rents have a long way to go before matching Hong Kong’s, even after half a dozen of mainland China’s largest technology behemoths piled into the city state in recent months to set ... ( read original story ...)
The Best Countries to Start a Business
The average number of days to start a business in New Zealand, for example, was just half a day, while in Georgia it was one day, and in Singapore, Hong Kong and Canada it was 1.5 days. In some of the ... ( read original story ...)
Jackpot: Ten New Billionaires From IPOs In 2021
Despite the SPAC boom, far more entrepreneurs became billionaires this year through a good old-fashioned traditional IPO. ( read original story ...)
Namibia: State House Grilling Today for Vilho Over Hong Kong Account
"In light of current revelations about the minister of defence and veteran affairs, Hafeni Vilho, holding an undeclared bank account in Hong Kong with HSBC, allegedly linked to illicit proceeds ... ( read original story ...)
Coronavirus: Hong Kong urged to exercise caution over easing quarantine rules amid imported cases trend
Hong Kong authorities should adopt a cautious approach to shortening Covid-19 quarantine periods for travellers returning from low-risk countries given the number of imported cases being recorded in ... ( read original story ...)
State House grilling today for Vilho over Hong Kong account
“In light of current revelations about the minister of defence and veteran affairs, Hafeni Vilho, holding an undeclared bank account in Hong Kong with HSBC, allegedly linked to illicit proceeds, ... ( read original story ...)
Webinar On Hong Kong Open-Ended Fund Companies Hosted By HSBC.
b. the legislative process to allow foreign investment funds to re-domicile to Hong Kong as an OFC is underway; c. an OFC may be distributed in the Greater Bay Area via the Wealth Management Connect; ... ( read original story ...)
‘Financial freedom’ costs US$4 million in Hong Kong, second only to London, data from property portal Juwai shows
The ability to retire comfortably and maintain an enviable lifestyle requires US$4.57 million in London and US$3.5 million in Shanghai, with Hong Kong in between, according to data compiled by ... ( read original story ...)
Why Hong Kong property market continues to entice investors despite yield compression
Investors have continued to pour money into Hong Kong’s real estate market even though the potential rental yield is lower than in other regional markets. Buyers have accepted yield compression by ... ( read original story ...)
A Week In Hong Kong On A $225,600 Joint Income
Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking ... ( read original story ...)