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Month: December 2022

Posted on 08/12/2022

Hong Kong Stocks Rally on Report City May Relax Covid Rules

The Hang Seng Index rose as much as 3.8%, erasing Wednesday’s selloff, while a gauge of Chinese tech stocks trading in the city rallied 7%. A Bloomberg gauge of Macau casino shares surged as much as ...

Posted on 08/12/2022

GAC’s Ride Hailing Firm Ruqi Is Said to Pick Banks for HK IPO

Ruqi Mobility, Chinese state-backed automaker GAC Group’s ride-hailing firm, has picked banks including ABC International Holdings Ltd. for its planned Hong Kong initial public offering, according to ...

Posted on 08/12/2022

Hang Seng Bank names Jordan Cheung as new CMO

Hang Seng Bank has appointed Jordan Cheung (pictured) as chief marketing officer effective 19 December 2022. He will also become a member of the Bank’s executive committee.

Posted on 08/12/2022

Fusion Bank Launches “2nd Anniversary Thankful Celebration” Pushing Financial Inclusion to Benefit All, Building towards a Smarter Future

Fusion Bank celebrates the 2nd anniversary of the bank's launch with "2nd Anniversary Thankful Celebration", offering a range of promotions to valued customers. Two years since the launch, Fusion Bank ...

Posted on 08/12/2022

Hong Kong, S’pore spar for green finance supremacy in Asia

From green bonds to carbon trading and asset management, both cities are angling to be the regional base for sustainable finance as governments and companies ramp up investments to fight climate ...

Posted on 08/12/2022

Hong Kong May End Outdoor Mask Rule, Relax Covid Tests, Report Says

Hong Kong is considering scrapping its outdoor mask mandate as part of a suite of major relaxations in the city’s Covid rules, pro-China newspaper Wen Wei Po reported.Most Read from BloombergPutin ...

Posted on 08/12/2022

Hong Kong to Loosen Some COVID Curbs Including Quarantine Period for Confirmed Cases RTHK

Hong Kong to Loosen Some COVID Curbs Including Quarantine Period for Confirmed Cases RTHK HONG KONG (Reuters) - Hong Kong authorities will shorten the quarantine period for confirmed COVID-19 cases ...

Posted on 08/12/2022

Jefferies Moves Out of Li Ka-shing’s Skyscraper in Hong Kong

Jefferies Financial Group Inc. has moved out of billionaire Li Ka-shing’s skyscraper in Hong Kong’s Central district, the latest setback to the building that has seen vacancies jump during an office ...

Posted on 08/12/2022

Hong Kong stocks rebound on report city may relax covid rules

The Hang Seng Index rose as much as 2.8%, partly erasing Wednesday’s selloff, while a separate gauge of Chinese stocks trading in the city advanced more than 3%.

Posted on 08/12/2022

Hong Kong and Singapore Spar for Green Finance Supremacy in Asia

Hong Kong and Singapore have long squared off to be the preeminent finance hub for Asia. That battleground is now shifting to the ESG space, with potentially trillions of dollars at stake. Most Read ...

Posted on 08/12/2022

Hong Kong Shares Due For Support On Thursday

The Hong Kong stock market has tracked lower in two straight sessions, plunging more than 700 points or 3.9 percent along the way.

Posted on 08/12/2022

Singapore and Hong Kong spar for green finance supremacy in Asia

So far Singapore has an early edge over Hong Kong in race to attract ESG money and trading business in Asia. Read more at straitstimes.com.

Posted on 08/12/2022

Hong Kong insurance sector can play key role as global connector with China

The provision of services essential to the management of business risk at a regional level can only bolster city's status as an international financial hub If Hong Kong wants to bolster its status as ...

Posted on 08/12/2022

Hong Kong’s Ocean Park reports nearly HK$1.82 billion deficit but cash flow still ‘healthy’

Company notes loss mostly due to impairment charge and expresses confidence it is heading towards sustainable growth.

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