The Hong Kong government is stepping towards making licensing local crypto exchanges mandatory that will only be allowed to offer services to professional investors. ( read original story ...)
JD Logistics Poised to Raise $3.2 Billion in Hong Kong IPO
JD Logistics Inc., the delivery arm of e-commerce giant JD.com Inc., has raised about HK$24.6 billion ($3.2 billion) after pricing its Hong Kong initial public offering near the bottom of a marketed ... ( read original story ...)
US stocks start higher, erasing weekly loss for the S&P 500
Stocks are opening broadly higher on Wall Street, bringing the S&P 500 out of the red for the week. The benchmark index was up 0.6% in the early going Friday, led by gains in health care and ... ( read original story ...)
Hang Seng Index Takes First Steps in Biggest-Ever Overhaul
A wide-ranging overhaul of Hong Kong’s equity benchmark is set to begin Friday, marking the first step to diversify the financials-heavy index. ( read original story ...)
HSBC head of corporates for commercial banking in Hong Kong said to have resigned
Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.Lam resigned last week and is currently on ... ( read original story ...)
Blackmailer pleads guilty in HK$100 million plot involving Hong Kong tycoon and nude images of his celebrity wife
Former security guard Wong Hin-chung pleads guilty to trying to extort Hong Kong employer with 24-second video of half-naked spouse. ( read original story ...)
Hong Kong says Taiwan ‘grossly interfered’ in its affairs
It said the Hong Kong Economic, Trade and Cultural Office will remain closed while it closely monitors developments and considers the way forward “in a holistic manner.” Relations between the sides ... ( read original story ...)
Hong Kong’s domestic workers are everyday heroes. Don’t treat them like second-class citizens
Advocates plan to hold a Helper Appreciation Day on May 30 and it couldn’t come at a better time. The city’s domestic workers have long face discrimination, and the pandemic has only made things worse ... ( read original story ...)
JD.com’s Logistics Unit To Raise $3.2 Billion In Hong Kong IPO Amid Online Shopping Spree
The IPO would be the second-largest listing in the financial hub this year following short-video app operator Kuaishou Technology’s $5.4 billion float in February. ( read original story ...)
Expansive Thinking Sustains Hong Kong’s Independent Galleries
These experimental art spaces are offering mentorship programs, residencies and even health and dental insurance. ( read original story ...)
With a Little Added Effort, Art Basel Returns in Person to Hong Kong
Deciding whether to participate in Art Basel Hong Kong this year was keeping Wendy Olsoff up at night. The art fair, taking place until Sunday at the Hong Kong Convention and Exhibition Center, has ... ( read original story ...)
Hong Kong to Restrict Crypto Exchanges to Professional Investors
Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government ... ( read original story ...)
HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns
Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter. ( read original story ...)
Hong Kong stocks up at start of trade
Hong Kong stocks opened on a positive note Friday morning, building on a strong lead from Wall Street and reversing some of the previous day's losses. The Hang Seng Index added 0.47 percent, or 134.05 ... ( read original story ...)