Manulife Hong Kong’s actuary Danny Lee, wealth management manager Winvy Lung and advanced analytics specialist Alex Fung devised new customer offerings and services ... ( read original story ...)
Changes needed to Hong Kong public housing allocation policy to help cut waiting times for most needy, government advisers says
Housing Authority members express concern about average waiting time for 147,500 general applicants for rental flats. ( read original story ...)
Ant Group emerges as ‘less finance and more tech’ two years after mega IPO was called off, analysts say in wake of ESG report
Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, ... ( read original story ...)
Hong Kong remains world’s most expensive city for expats for third straight year, city becoming ‘less attractive’ than regional rivals
High cost of living and tough coronavirus restrictions have made Singapore and Dubai more attractive for expats, says firm behind rankings. ( read original story ...)
Hong Kong not becoming ‘police state’, says city’s top cop
Hong Kong is not becoming a "police state", the city's top law enforcement officer said Tuesday, days after his officers stamped out the city's once-permitted commemorations marking Beijing's deadly ... ( read original story ...)
Hong Kong Pro-Democracy Figures Set for Largest National Security Trial
The defendants, aged between 24 and 66, include democratically elected lawmakers and district councilors, as well as unionists, academics and others, whose political stances range from modest reformis ... ( read original story ...)
Coronavirus: too early to suggest arrival of sixth wave, Hong Kong leader Carrie Lam says; city reports 489 new cases
Hong Kong’s outgoing leader has said it is still “too early” to suggest the city is facing a sixth Covid-19 wave, despite a rising trend of infections this month. ( read original story ...)
What Can the Newly Approved ETF Connect Between Mainland China and Hong Kong Bring to Foreign Investors?
The ETF Connect program between the Chinese Mainland with Hong Kong to attract more capital into the region and reignite interest in the RMB. ( read original story ...)
AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming
Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin's B Capital Group, private equity giant ... ( read original story ...)
Coronavirus: Hong Kong snack chain Aji Ichiban shuts all 20 retail outlets amid losses from lack of tourists during pandemic
Company once operated over 100 shops at its peak in 2017, but pandemic forced it to reduce stable of stores to about 20 this year as number of tourists dwindled. ( read original story ...)
Hong Kong tram fares to increase to HK$3 for adults, HK$1.50 for children from July 11
Starting July 11, a single trip for people aged 12 or above will go up from HK$2.60 (US$0.33) to HK$3. For children aged 3 to 11, the fare will rise from HK$1.30 to HK$1.50. The price for those aged ... ( read original story ...)
HSBC hires global head of UHNW solutions
Irene H Y Chen, who joins from Citibank, will be responsible for providing highly structured products to high-net-worth and ultra-high-net-worth clients, as well as family offices. ( read original story ...)
Citigroup to hire 3,000 in Asia institutional banking business in growth push – Asia CEO
HONG KONG - Citigroup Inc plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)
Exclusive-Citigroup to Hire 3,000 in Asia Institutional Banking Business in Growth Push -Asia CEO
Citigroup Inc plans to hire around 3,000 new staff for its institutional business in Asia in the next couple of years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)