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Month: February 2022

Posted on 14/02/2022

HKMC signs MoUs with 14 banks on infrastructure finance

The Hong Kong Mortgage Corporation Limited (HKMC) has signed memorandums of understanding with 14 banks setting out the basic principles for potential infrastructure loan cooperation with the aim of ... ( read original story ...)

Posted on 14/02/2022

Coinllectibles(TM)️ Successfully Acquires 80% of Grand Gallery For HK$6million

With subsidiaries licensed under Hong Kong's Money Lenders Ordinance, the group currently primarily provides unsecured personal loan to private individuals, with a small portfolio of mortgage loans. ( read original story ...)

Posted on 14/02/2022

Standard Chartered HK is first foreign bank qualified as direct participant in CIPS

Standard Chartered Hong Kong has become the first foreign bank that is qualified as a direct participant of the cross-border interbank payment system (CIPS) outside mainland China. The bank has been ... ( read original story ...)

Posted on 14/02/2022

Covid live: South Korea to give fourth jabs amid Omicron crisis; Hong Kong ‘overwhelmed’ by fifth wave

Hong Kong will extend the suspension of face-to-face classes by ... and the blockade on the Canadian side had disrupted business on both sides, with carmakers forced to shut down several factories. ( read original story ...)

Posted on 14/02/2022

HSBC names Luanne Lim as CEO of Hong Kong business

SINGAPORE: HSBC said on Monday (Feb 14) it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to expand its ... ( read original story ...)

Posted on 14/02/2022

Covid ‘onslaught’ has overwhelmed Hong Kong’s capacity, leader says

Carrie Lam says her government will work with Chinese officials to combat ‘worrying’ situation as cases soar First published on Sun 13 Feb 2022 21.27 EST Hong Kong’s leader, Carrie Lam, has said an ... ( read original story ...)

Posted on 14/02/2022

The US is about to get its first Chinese IPO in months

Hong Kong (CNN Business)The United States is about to get its first initial public offering from a Chinese company in months, even as US-China tensions and regulatory scrutiny remain high. Meihua ... ( read original story ...)

Posted on 14/02/2022

Hong Kong watchdog warns of NFT, metaverse risks as top 2022 tech dangers amid rising number of phishing scams

A vibrant community of NFT and metaverse enthusiasts have formed in Hong Kong, Asia's financial and art trading hub, where regulators have been slow to catch up with the rapid development of ... ( read original story ...)

Posted on 14/02/2022

Hong Kong looks for at least USD3B to reduce effect of epidemic

(MENAFN) Hong Kong is in search of at least USD3 billion in assets to add to its market after financial stress from its coronavirus restrictions. The local administration in the semi-autonomous ... ( read original story ...)

Posted on 14/02/2022

Hong Kong “overwhelmed” as COVID infections hit record

HONG KONG, Feb 14 (Reuters) - The latest wave of COVID-19 infections ... Despite the latest surge, deaths in the global financial hub remain far less than similar-sized cities since the pandemic ... ( read original story ...)

Posted on 14/02/2022

Gay Games 11 Hong Kong founder and leader, Dennis Philipse, steps down to resume his professional career

It has been an honour to have founded and led Gay Games 11 Hong Kong (GGHK), a visionary startup organisation, during the last seven years, the last two full-time in a volunteer capacity. Due to the ... ( read original story ...)

Posted on 14/02/2022

Hong Kong to vaccinate 3-year-olds amid new COVID-19 surge

HONG KONG — Hong Kong plans to offer COVID-19 vaccines to children as young as 3 as infections rage through the semi-autonomous Chinese city. The announcement Monday came as the government reported ... ( read original story ...)

Posted on 14/02/2022

Hong Kong daily COVID infections hit record of 2,071

HONG KONG, Feb 14 (Reuters) - Hong Kong reported 2,071 new daily COVID-19 infections on Monday, a new record, with 4500 preliminary positive cases, authorities said, as they battle to control a ... ( read original story ...)

Posted on 14/02/2022

Hong Kong property is standing strong amid rival Singapore’s challenge

Commercial property transaction volumes in Hong Kong last year exceeded their pre-pandemic level in 2019, with sought-after industrial properties accounting for five of the top 10 deals, according to ... ( read original story ...)

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