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Month: October 2021

Posted on 29/10/2021

Huobi Tech Discusses Virtual Asset Investments at Private Wealth Asia Forum in Hong Kong

HONG KONG, Oct. 29, 2021 /PRNewswire/ -- Huobi Technology ... according to a new report from McKinsey & Company. When addressing the question of whether alternative asset investments, including ... ( read original story ...)

Posted on 29/10/2021

Hong Kong Exits Top Three Global IPO Venues as China Clamps Down

with Hong Kong no exception. Thanks to the first six months, 2021’s IPO haul in the city is still the highest ever for this period. Activity, however, slowed sharply in the third quarter with just ... ( read original story ...)

Posted on 29/10/2021

EXCLUSIVE Hong Kong’s PAG seeking to raise $9 bln with new buyout fund -sources

financial and business services sectors. PAG is planning to list a merged entity of two Chinese industrial gases portfolio companies - Yingde Gases and Shanghai Baosteel Gases offshore, most likely in ... ( read original story ...)

Posted on 29/10/2021

Hong Kong Stock Market Expected To Snap Losing Streak

The Hang Seng Index now rests just ... Hang Lung Properties spiked 1.86 percent, Hong Kong & China Gas sank 0.51 percent, Industrial and Commercial Bank of China and Xiaomi Corporation both ... ( read original story ...)

Posted on 29/10/2021

Hong Kong doubles down on Covid restrictions to fall into line with mainland China

Carrie Lam appears willing to sacrifice city’s reputation as an international business centre to please Beijing’s push for zero Covid ... ( read original story ...)

Posted on 29/10/2021

Police find body of solo hiker on Hong Kong hillside days after he set off alone

He was found dead in the area four days later. Last month, the body of Shou Fugang, 59, former chairman of Bank of Communications (Hong Kong), was found at Tam Chai Shan, also known as Mount Hallowes, ... ( read original story ...)

Posted on 28/10/2021

AM Best Affirms Credit Ratings of Bank of China Group Insurance Company Limited

HONG KONG, October 28, 2021--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Bank of China Group ... ( read original story ...)

Posted on 28/10/2021

Hong Kong housewife swindles finance firms out of US$4 million by using forged documents to mortgage homes owned by in-laws, ex-clients

A Hong Kong housewife on Thursday admitted swindling more than HK$32 million (US$4.1 million) from financial institutions and lenders by using forged legal documents to mortgage properties owned by ... ( read original story ...)

Posted on 28/10/2021

Inflation Weighs On The Mainland As Hong Kong Internet Rebounds

Real estate was off in both Hong Kong and China after property developer Kaisa Group (1638 HK) fell -18.49% after its bonds were downgraded by credit rating agencies. I’ve often believed that rating ... ( read original story ...)

Posted on 28/10/2021

Domino’s Pizza China Franchisee Dash Mulling Hong Kong IPO

Domino’s Pizza Inc.’s master franchisee in China is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter. ( read original story ...)

Posted on 28/10/2021

Watch: Hong Kong sets up trade office in Dubai with ambitious targets

Hong Kong has opened its first Economic Trade Office in the Middle East at Dubai International Financial Centre on the back of increased trade and economic deals with the UAE. The UAE was also one ... ( read original story ...)

Posted on 28/10/2021

Evergrande founder pledges Hong Kong luxury house for bank loans

Chinese financial news caixin.com reported on Wednesday that the property was pledged to the local Hong Kong branch of China Construction Bank, citing documents from the city's Land Registry. The ... ( read original story ...)

Posted on 28/10/2021

Fubon Life Hong Kong launches e-Channel Amid Pandemic Powered by InsurTech CoverGo

Fubon Life Insuranc Company Limited ("Fubon Life Hong Kong") and the insurance technology company, CoverGo, today jointly announced the launch of Fubon Life Hong Kong's e-Channel, offering customers ... ( read original story ...)

Posted on 28/10/2021

Hong Kong sets up trade office in Dubai with ambitious targets

“We certainly have much to offer, with both the UAE and Hong Kong serving as international business hubs in our respective regions,” said Carrie Lam, Chief Executive of Hong Kong Special ... ( read original story ...)

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