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Month: May 2021

Posted on 10/05/2021

HSBC on track to hire more than 1,000 Asian wealth roles this year in US$3.5 billion bet on region’s growing billionaires

HSBC, the biggest of Hong Kong's three currency-issuing lenders, is on track to hire more than 1,000 frontline roles in its wealth management business in Asia by the end of this year to focus on ... ( read original story ...)

Posted on 10/05/2021

Manulife Hong Kong reports double-digit APE sales growth in first quarter of 2021

Agency sales continued to grow year-over-year in 1Q21 vs a strong 1Q20Bank channel sales significantly rebounded with successful product drive ... ( read original story ...)

Posted on 10/05/2021

Hong Kong government endorses INDICAID(R) in visitation resumption arrangements

INDICAID ®, developed by Hong Kong biotechnology start-up PHASE Scientific International Limited (PHASE), has been named by the government as one of the designated rapid tests when care homes resume ... ( read original story ...)

Posted on 10/05/2021

Hong Kong stocks climb to one-week high as taper tantrum wanes on US jobs report

Oil majors CNOOC and PetroChina lead gains in Hong Kong after a cyberattack on a major American oil pipeline operator boosted crude oil futures ... ( read original story ...)

Posted on 10/05/2021

Unused shots pile up as mistrust mars Hong Kong vaccinations

There are few places in the world easier to get a Covid-19 vaccine than Hong Kong. Most people, however, are choosing not to get vaccinated. According to Bloomberg data, enough doses have been ... ( read original story ...)

Posted on 10/05/2021

Hong Kong’s first Teqball champion Lee Ming-fai calls emerging sport ‘a great fit’ for spatially challenged Hong Kong

Hong Kong’s first Teqball champion says the new sport requires ‘a lot more touches’ and is ‘more demanding’ than football as coaches scout first representative team. ( read original story ...)

Posted on 10/05/2021

Monde Nissin Attracts GIC, Fidelity to $1 Billion IPO

Philippine food maker Monde Nissin Corp. is in talks with Singapore state investment fund GIC Pte and Hong Kong insurer AIA Group Ltd. to become cornerstone investors in what could be the country’s ... ( read original story ...)

Posted on 10/05/2021

Hong Kong Bourse Expected To Bounce Higher On Monday

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had plummeted nearly 950 ... ( read original story ...)

Posted on 10/05/2021

Hong Kong Data Report Unveils Virtual Banks’ Combative Market Strategies Contributing to an Uprise in Virtual Banking Industry

It's been around a year since eight virtual banks started to operate in Hong Kong. Recent news has reported on the industry facing challenges in making profits in their first year of business despite ... ( read original story ...)

Posted on 10/05/2021

Hong Kong Government Endorses INDICAID® in Visitation Resumption Arrangements

INDICAID ®, developed by Hong Kong biotechnology start-up PHASE Scientific International Limited (PHASE), has been named by the government as one of the designated rapid tests when care homes resume ... ( read original story ...)

Posted on 10/05/2021

How private sector can help Hong Kong hit net zero carbon emissions by 2050

The Paris Agreement aims to limit global warming to 1.5 degrees Celsius compared to pre-industrial levels. To fulfil such goals, global carbon dioxide emissions need to be halved by 2030 and reach net ... ( read original story ...)

Posted on 10/05/2021

Unused Covid-19 shots pile up as mistrust blights Hong Kong vaccine drive

The low vaccine take-up rate is fuelled by a near breakdown of communication between the government and the people.. Read more at straitstimes.com. ( read original story ...)

Posted on 10/05/2021

Tips from the top: chef Vicky Lau’s guide to Hong Kong

The local highlights of one of Asia’s leading chefs include exploring a traditional fishing village, treating herself at an eco spa and indulging in delicious ‘dessert soups’ ... ( read original story ...)

Posted on 10/05/2021

Hong Kong’s coronavirus policy U-turn comes at a price, so lessons must be learned

In recent days, city leader Carrie Lam’s administration has had to make two major policy reversals that could have been avoided. Now, it needs to reflect on how to grow out of its habitual Hong ... ( read original story ...)

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