Fitch Ratings has assigned an expected rating of 'BBB(EXP)' to China Everbright Bank Company Limited's (CEB, BBB/Stab ... ( read original story ...)
HSBC appoints Hitendra Dave as India CEO; Rosha moves to HK
Dave succeeds Surendra Rosha, who after three years is moving to Hong Kong as the co-chief executive of HSBC, Asia-Pacific. ( read original story ...)
Flat hikes to do in summer in Hong Kong – get outdoors in the heat without the steep climbs
Still enjoy Hong Kong’s Country Parks this summer, but avoid the exposed steep climbs in the heat by heading on flat hikes. ( read original story ...)
Hong Kong risks its global finance status over Covid isolation
There has been more outspoken criticism of Hong Kong government policy from business and finance circles in the past two months than in two years of political and social turmoil. A slow Covid-19 ... ( read original story ...)
China’s tech crackdown cooling Hong Kong IPO market
New Hong Kong listings are tracking at their slowest pace since the aftermath of the global financial crisis, as weaker markets and China's clampdown on its biggest tech firms chill sentiment.. Read ... ( read original story ...)
Hong Kong securities watchdog has stepped up scrutiny to avoid Archegos-like meltdown in city, deputy CEO says
The Hong Kong securities watchdog has stepped up surveillance of prime brokers and over-the-counter markets to prevent a meltdown in Hong Kong such as that of Bill Hwang’s Archegos Capital Management. ( read original story ...)
HSBC Appoints Liao, Rosha as Asia Co-CEOs to Replace Wong
Liao and Rosha will both be based in Hong Kong. Liao has spent 24 years at HSBC and was seen as one of the front-runners in replacing Wong, who has been crucial in steering the ba ... ( read original story ...)
China urged to join global minimum tax regime, as Hong Kong says it may be ‘restrained’ by new rules
Few obstacles stand in the way of China accepting a global minimum tax rate, analysts say, but the new rules could impact Hong Kong as a leading international tax haven. ( read original story ...)
China Youran Dairy, PAG Seek Up to $799 Million in Hong Kong IPO
China Youran Dairy Group Ltd., a Chinese dairy product maker, and its shareholder, private equity firm PAG, are seeking to raise as much as HK$6.2 billion ($799 million) in a Hong Kong initial public ... ( read original story ...)
STARTUP DIGEST: Tata Digital to invest $75 mn in CureFit, Delhivery IPO in 6-8 months, Jeff Bezos to fly to space
There were several important developments in the startup space during the day on Monday. Here are top stories from the startup universe today.Get latest Startup online at cnbctv18.com ... ( read original story ...)
QIMA Acquires Stake in London-based Supply Chain Resiliency Startup Kavida.ai
QIMA, the leading provider of quality control and supply chain compliance solutions, announces it has invested in Kavida.ai, a ... ( read original story ...)
Hong Kong stands firm as international financial center
Hong Kong's status as an international financial center is the core competency of its economy. This unique advantage makes it play a unique role in the development of the national economy. Despite the ... ( read original story ...)
Hong Kong to maintain simple tax system: official
Hong Kong will continue to improve its business environment and competitiveness by maintaining its simple tax system and reducing the compliance burden on companies, an official said Monday. Paul Chan ... ( read original story ...)
Coronavirus: Hong Kong Airlines to slash hundreds more jobs, focus on cargo in bid to survive pandemic
The struggling carrier, long beset by cash-flow problems, will temporarily fly only eight Airbus A330 jets, with an emphasis on air freight. ( read original story ...)