Hong Kong named a Hang Seng Bank Ltd. unit the manager of its HK$112.79 billion ($14.4 billion) Tracker Fund, replacing State Street Corp. after the U.S. firm last year became embroiled in a ... ( read original story ...)
Hong Kong replaces State Street as manager of largest ETF
A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest exchange-traded fund of more than $14 billion, the first such ... ( read original story ...)
Hong Kong jails ex-opposition lawmaker over legislature folder grab
A former Hong Kong opposition lawmaker was jailed Tuesday for snatching a folder from an official during a legislature meeting, the latest sign of Beijing's tightening grip over the city's ... ( read original story ...)
Hong Kong reports 7,596 new daily coronavirus infections
Hong Kong reported 7,596 new coronavirus infections on Tuesday, as daily infections continued a steadily decline and the government prepared to ease some of the city's stringent COVID-19 measures ... ( read original story ...)
Check out the 11-slide pitch deck Moonfare, a startup that lets high-net-worth individuals invest in private-equity funds, used to raise $35 million
Moonfare wants to "democratize" private equity by offering retail investors access to typically expensive alternative asset classes. ( read original story ...)
‘Up to 2,000 children under age 10 separated from parents in Hong Kong hospitals over past 6 weeks after catching Covid-19’
Charity executive Dr Lucy Lord estimates about 1,000 to 2,000 children with Covid-19 have been separated from parents at hospitals over the past five to six weeks. ( read original story ...)
Hong Kong February home prices drop to 13-month low, hit by new COVID-19 wave
Hong Kong private home prices dropped at a faster pace in February to their lowest since January 2021, official data showed on Tuesday (Mar 29), as the Asian financial hub was hit by a new wave of ... ( read original story ...)
Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
A "fragile" geopolitical environment has created challenges for its commodities business, especially nickel, the bourse's CEO said on Tuesday. ( read original story ...)
How banks digitalise services to embrace Hong Kong residents’ needs during Covid-19 pandemic
Strict safety rules, including social distancing, spark surge in demand for internet banking, with banks, such as HSBC, at forefront of innovation to serve customers who want to bank from home ... ( read original story ...)
Hong Kong trading, IPOs hurt by geopolitics, says bourse CEO
A "fragile" geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the ... ( read original story ...)
Hong Kong’s COVID toll leads some to eco-friendlier coffins
Hong Kong’s deadliest coronavirus outbreak has cost about 6,000 lives this year – and the city is now running out of coffins. Authorities have scrambled to order more, with the government saying 1,200 ... ( read original story ...)
Geopolitics has hurt trading and IPOs in Hong Kong, says bourse CEO
A "fragile" geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the ... ( read original story ...)
Hong Kong faces ‘tough balancing act’ as it looks to ease some border restrictions, official says
Hong Kong intends to ease a travel ban on flights from nine countries, including the U.S. and U.K. and Australia from April 1. ( read original story ...)
Staff at Hong Kong coronavirus isolation facility on mission to make patients from ethnic minority communities feel at home
The staff members, recruited from the local Indonesian, Filipino and Pakistani communities, help patients who are not comfortable communicating in English or Cantonese. ( read original story ...)