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Month: April 2022

Posted on 14/04/2022

Hong Kong crowdfunding activities to be regulated so they do not endanger national security

Platforms might be required to be licensed and registered, and fundraisers expected to conduct due diligence prior to campaigns. ( read original story ...)

Posted on 14/04/2022

Hong Kong’s finance chief Paul Chan to lead vetting committee for election hopefuls as chief secretary post stays vacant for now

says pro-Beijing heavyweight Rita Fan Others in the same camp say the appointment hints that Chan has the central government's trust and is highly likely to remain in the next administration serving ... ( read original story ...)

Posted on 14/04/2022

Coronavirus Hong Kong: tough vaccination and testing rules for businesses and customers as city leader unveils broad easing of social-distancing rules

Decision to relax curbs not easy and it will not be able to satisfy all stakeholders, city leader says Government allows host of premises to reopen next week, but new rules require full vaccination ... ( read original story ...)

Posted on 14/04/2022

Hong Kong TV series sparks ‘brownface’ controversy after actor darkens skin

A Hong Kong TV series has sparked controversy over the use of "brownface" after one of its actors darkened her skin with makeup to play the role of a Filipina domestic worker. ( read original story ...)

Posted on 14/04/2022

Hong Kong chief executive election 2022: John Lee calls city’s finance industry double-edged weapon, legal system ‘polluted by politics’

Chief executive hopeful John Lee calls financial system 'sharp tool' to be used by or against city during meeting with Election Committee members Member of committee's legal subsector calls for Lee to ... ( read original story ...)

Posted on 14/04/2022

Citigroup’s Hong Kong Investment Bank Head Joining Jefferies, Sources Say

Citigroup Inc.’s head of Hong Kong investment banking, Aaron Chandrasakaran, is leaving to join Jefferies Financial Group Inc., according to people with knowledge of the matter. Most Read from ... ( read original story ...)

Posted on 14/04/2022

Standard Chartered, one of Hong Kong’s biggest banks, will exit seven markets in Africa, Middle East in latest revamp

The London-based lender will seek to focus solely on commercial and investment banking in another two African markets The bank wants to refocus and simplify its business in the region as part of its ... ( read original story ...)

Posted on 14/04/2022

Hong Kong police searching for man who brandished gun-like object inside bank and stole HK$14,000

Suspect reportedly took cash from teller at China Construction Bank (Asia) and jumped onto Ma On Shan-bound bus. ( read original story ...)

Posted on 14/04/2022

Citigroup’s Hong Kong Coverage Head Moving to Jefferies, Sources Say

Citigroup Inc.’s head of Hong Kong investment banking, Aaron Chandrasakaran, is leaving to join Jefferies Financial Group Inc., according to people with knowledge of the matter. Most Read from ... ( read original story ...)

Posted on 14/04/2022

Police investigating Yau Ma Tei bank robbery

Police is in search of a man who robbed a bank in Yau Ma Tei of HK$14,000 cash on Thursday afternoon. Officers said the suspect, believed to be ... ( read original story ...)

Posted on 14/04/2022

Wheelock prices flats in Kai Tak 12 per cent cheaper as Hong Kong’s developers get ready to test demand in economy ravaged by Covid-19

Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer. ( read original story ...)

Posted on 14/04/2022

Chinese Developer Readies Biggest Hong Kong IPO Since September

A unit of Chinese developer Longfor Group Holdings Ltd. got the green light for the largest Hong Kong listing in seven months in what would be a measure of investor confidence in the troubled sector. ( read original story ...)

Posted on 14/04/2022

Hong Kong stocks’ winning streak extends to third straight day after China signals cut in reserve requirement ratio

Premier Li Keqiang said the reserve requirement ratio would be lowered ‘at an appropriate time’, prompting speculation that a cut was imminent. ( read original story ...)

Posted on 14/04/2022

Hong Kong Sets April 21 Date for Finally Easing of Covid Restrictions

Hong Kong confirmed on Thursday it will ease Covid-19 restrictions, allowing beauty parlours, cinemas and gyms to reopen. ( read original story ...)

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