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Month: November 2022

Posted on 02/11/2022

Hong Kong hardsells ‘China advantage’ to global banks to revive hub image

Hong Kong leader John Lee on Wednesday pitched the city's connection with China in an address to some of the world's top financial executives, as he strives to rebuild the Chinese territory's ...

Posted on 02/11/2022

Hong Kong’s Wall Street Summit Avoids Talk on China Risks

As Wall Street’s biggest bosses gathered on a panel at Hong Kong’s big financial comeback summit, one major topic was avoided: China’s growing risks.

Posted on 02/11/2022

‘The worst is behind us’: Hong Kong kicks off its finance summit with top global bankers

Hong Kong leader John Lee sought to drum up confidence in the city's future as a global financial hub on Wednesday, as he welcomed some of Wall Street's top executives to its biggest international ... ( read original story ...)

Posted on 02/11/2022

In Hong Kong, world bankers urged not to ‘bet against’ China

Chinese regulators downplayed China’s real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment ... ( read original story ...)

Posted on 02/11/2022

Our Hong Kong business is ‘as strong as its ever been,’ says Standard Chartered

Bill Winters of the bank says its business in Hong Kong has "never slowed down." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your ... ( read original story ...)

Posted on 02/11/2022

Hong Kong market’s resiliency backed by long-term strength and fundamentals, says HKEX

Nicolas Aguzin of the Hong Kong Exchanges and Clearing says he believes in the long-term strength of the Hong Kong market due to its "special fundamentals" as an international financial center. ( read original story ...)

Posted on 02/11/2022

Hong Kong’s Lee touts ‘China advantage’ to rebuild city’s image as financial hub

Hong Kong leader John Lee pitched the city's connection with China in an address to some of the world's top financial executives, as he pushes to rebuild the COVID-ravaged city's image as a major ... ( read original story ...)

Posted on 02/11/2022

‘Law And Order Returned’ Hong Kong’s US-sanctioned Leader Says At Banking Summit

Hong Kong's US-sanctioned leader insisted Wednesday that political stability and business confidence in the city has been restored following the crushing of democracy protests, as he opened a ... ( read original story ...)

Posted on 02/11/2022

Hong Kong Bankers Fear Their Careers Are Coming to an End

It was supposed to be a big celebration for Hong Kong. This week’s Global Financial Leaders' Investment Summit, organized by the city’s central bank, was meant to showcase the revival of Hong Kong as ... ( read original story ...)

Posted on 02/11/2022

Top Citigroup executive says Hong Kong is back to normal, as bank opens new wealth management centre in city

Senior Citi executive says it is ‘business as usual’ in city as lender looks to expand now that pandemic has receded, with a target to capture US$150 billion of new client money from wealthy customers ... ( read original story ...)

Posted on 02/11/2022

Hong Kong struggles to persuade CEOs it is open for business

After catching Covid-19 on a work trip, he was stranded in the Middle East due to Hong Kong’s remaining pandemic restrictions and appeared at the fintech gathering on Monday via a video link. The ... ( read original story ...)

Posted on 02/11/2022

Auditor exodus at embattled China property firms triggers governance concerns

Auditors of at least 14 Hong Kong-listed Chinese property firms have exited this year, securities filings showed, raising governance concerns about the debt-ridden developers several of whom are yet ... ( read original story ...)

Posted on 02/11/2022

Hong Kong Fights to Prove It’s Still a Dominant Financial Hub

Hong Kong officials are pushing to convince the world that the Chinese territory remains the go-to place in Asia for finance after three years of strict Covid restrictions and political upheaval. ( read original story ...)

Posted on 02/11/2022

HSBC Sydney Sevens to return after 3-year hiatus for rugby ‘extravaganza’

Australian fans will have the chance to get behind their champion Rugby Sevens stars for the first time since 2019. ( read original story ...)

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