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Month: April 2022

Posted on 21/04/2022

Goldman Sachs called out Morgan Stanley’s block trading to the Hong Kong securities regulator: report

Goldman Sachs alerted Hong Kong's SEC three years ago in an "informal" discussion about share price drops in a few locally listed companies, the FT reported. ( read original story ...)

Posted on 21/04/2022

Hong Kong stocks fall to five-week low as traders look to Xi at China forum for clues on economy, policy easing impetus

President Xi is due to deliver a speech at the Boao Forum, with traders struggling for clues on the state of the Chinese economy and policy easing impetus. ( read original story ...)

Posted on 21/04/2022

Hong Kong actress apologizes for ‘brownface’ TV role

Franchesca Wong darkened her skin to portray a migrant worker from the Philippines, prompting debate about onscreen representation of the Chinese territory’s ethnic minorities. ( read original story ...)

Posted on 21/04/2022

BofA Relocating Some Hong Kong Dealmakers to Singapore, Sources Say

Bank of America Corp. is relocating some of its dealmakers to Singapore from Hong Kong, according to people with knowledge of the matter. ( read original story ...)

Posted on 21/04/2022

Hong Kong Disney opens as COVID eases; Shanghai deaths rise

Hong Kong relaxed pandemic restrictions on Thursday, with Disneyland and museums reopening and nighttime restaurant dining resuming as the city's worst COVID-19 outbreak appears to be fading. ( read original story ...)

Posted on 21/04/2022

Robin Chan, the Hong Kong business and political leader who ‘championed the Chinese culture’, dies aged 90

The veteran Thai-Chinese financier and father of Executive Council convenor Bernard Chan died on Monday aged 90 Chief Executive Carrie Lam pays tribute to 'an esteemed entrepreneur and philanthropist' ... ( read original story ...)

Posted on 21/04/2022

Meet Jonathan Kwok, Hong Kong’s youngest billionaire

The Kwoks are Hong Kong’s richest family thanks to Sun Hung Kai and Empire Group, but what do we know about Walter’s son Jonathan? ( read original story ...)

Posted on 21/04/2022

Explainer: China UnionPay, Russia’s potential payments backstop

Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, after Visa Inc and MasterCard Inc joined other Western firms ... ( read original story ...)

Posted on 21/04/2022

Hong Kong dollar plumbs to weak end of band as U.S. rates rise

Surging U.S. yields and a surfeit of cash in the local banking system have pushed the Hong Kong dollar to its weakest since late-2019, near levels at which the central bank might be forced to defend ... ( read original story ...)

Posted on 21/04/2022

Goldman Sachs Flagged Morgan Stanley Block Trades to Hong Kong Regulator – FT

Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the Financial Times reported on Thursday, ... ( read original story ...)

Posted on 21/04/2022

Ordinary Folk Raises $5 Million In Pre-Series A Funding Round

Funds will be utilized to accelerate hiring talent to build a differentiated CX in healthcare using tech, expand in new markets (Hong Kong and other Asian cities) while continuing to scale in Singapor ... ( read original story ...)

Posted on 21/04/2022

YouTube shuts account of Hong Kong’s only leadership candidate

The platform took down the official channel for John Lee, who is running unopposed for chief executive of the Chinese territory, citing U.S. sanctions over his role in a crackdown on dissent. ( read original story ...)

Posted on 21/04/2022

Hong Kong reopens venues, extends dining hours as COVID cases fall

Hong Kong reopened gyms, beauty parlours, theme parks, and cinemas for the first time in more than four months on Thursday, as authorities relax some of the world's most stringent COVID restrictions ... ( read original story ...)

Posted on 21/04/2022

Hong Kong authorities continue to punish dissenting voices

The recent arrest in Hong Kong of a journalism professor on charges of conspiring to publish seditious material has troubled academics and journalists alike a ... ( read original story ...)

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