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Month: March 2022

Posted on 11/03/2022

JD.com, Alibaba Lead Hong Kong Losses After SEC’s Tough Action

Chinese stocks slide as the securities watchdog publishes a list of five U.S.-listed Chinese companies that are noncompliant with their accounting. ( read original story ...)

Posted on 11/03/2022

‘It’s like we are being left to die’: Hong Kong tackles deadliest Covid wave

Dynamic zero-Covid policy’ under scrutiny in region with highest death rate in developed world ... ( read original story ...)

Posted on 11/03/2022

Didi Said to Halt Hong Kong Listing Plan on Cybersecurity Probe

Didi Global Inc. has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data, ... ( read original story ...)

Posted on 11/03/2022

Kirkland & Ellis Loses U.S. Securities Partner to Freshfields in Hong Kong

The move marks the second partner departure from Kirkland & Ellis in Hong Kong in a month. Kirkland & Ellis U.S. securities partner Howie Farn has left the firm to join Freshfields Bruckhaus Deringer, ... ( read original story ...)

Posted on 11/03/2022

Departing Hong Kong residents took US$305 million from pensions in Q4

Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion (US$305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed, after ... ( read original story ...)

Posted on 11/03/2022

JPMorgan accelerates senior relocations from Hong Kong to Shanghai

JPMorgan has accelerated plans to relocate some of its top investment bankers in Hong Kong to mainland China as draconian pandemic restrictions have made travelling from the terri ... ( read original story ...)

Posted on 11/03/2022

Back to Business: More than Ever, the Banking Industry Will Be at the Forefront of a Sustained Recovery

As we await the pandemic’s demise, the banking industry is equipping itself to be at the centre of the economic recovery, providing businesses with the resources they will need to not only survive but ... ( read original story ...)

Posted on 11/03/2022

Get Started HK Limited joins forces with Cheap Incorporations to launch the “Fight Covid Donation Campaign” amid Hong Kong’s fifth wave outbreak

As Hong Kong battles its fifth and worst Covid-19 wave to date, both lives and livelihoods are at risk, and underprivileged groups are struggling more than ever to meet their basic needs. Recognizing ... ( read original story ...)

Posted on 11/03/2022

Hong Kong doubles down on ‘Zero COVID’ policy, as death rate soars to world’s highest

As the rest of the world learns to live with the virus, the highly infectious omicron variant has finally broken through Hong Kong’s once lauded defenses. ( read original story ...)

Posted on 11/03/2022

Didi said to halt Hong Kong listing plan on cyber security probe

The Cyberspace Administration of China informed Didi executives their proposals to prevent security and data leaks had fallen short. . Read more at straitstimes.com. ( read original story ...)

Posted on 11/03/2022

Didi’s reportedly to stop listing plan in Hong Kong

The Cyberspace Administration of China (CAC) had reportedly told Didi's management that their proposals to prevent security and data leaks were insufficient. ( read original story ...)

Posted on 11/03/2022

China’s ride-hailing giant Didi to halt Hong Kong listing: report

China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said Friday, as it struggles to appease Beijing over its handling of user data. ( read original story ...)

Posted on 11/03/2022

CLP Power partners with Hang Seng to drive clean energy future

Hang Seng Bank aims to lead by example in facilitating the transition to a low-carbon future. In addition to the goal of becoming carbon neutral in its operations by 2030, Hang Se ... ( read original story ...)

Posted on 11/03/2022

Exclusive: HSBC customers threaten to switch banks unless it cuts Russian oil ties

More than 1,700 HSBC customers have written to the bank urging it to cut its ties with Russian oil and gas businesses, research shared exclusively with ... ( read original story ...)

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