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Month: April 2023

Posted on 15/04/2023

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

Bitcoin's day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun's subpoena after dream rendezvous with Web3 socialite.

Posted on 15/04/2023

Hong Kong transport secretary promises solutions to aviation manpower shortage as industry calls for urgent remedies

Secretary for Transport and Logistics Lam Sai-hung aims to introduce plans before middle of year City recorded 4.41 million visitors during the first three months of 2023, accounting for only about 30 ...

Posted on 15/04/2023

President Xi And Premier Li’s Pro-Business Push Lift Tech, Chinese Gold Stocks Rally, Week In Review

while business services, food, and consumer services were the worst-performing. Southbound Stock Connect volumes were moderate as Mainland investors bought $427 million worth of Hong Kong-listed ...

Posted on 15/04/2023

How a food sustainability expert’s No 1 book shapes everything her Hong Kong-based business does

Heidi Yu Spurrell, founder and CEO of food sustainability consultancy Future Green, read the 2017 book 'Sustainable Diets' as part of a master's in food policy The book taught her the importance of ...

Posted on 14/04/2023

HSBC’s exit from French retail market set to face delays as ‘unexpected interest rate rises’ force Cerberus to find more cash

HSBC’s exit from the French retail market has been thrown into doubt after Cerberus Capital said it will need to stump up more cash to fund the transaction as a result of rising interest rates.  In ...

Posted on 14/04/2023

HSBC Warns France Sale In Jeopardy Over Capital Concerns

HSBC's planned sale of its French retail banking business to Cerberus-backed My Money Group may fall through due to interest rate rises in France that have boosted the amount of capital the buyer will ...

Posted on 14/04/2023

Hong Kong ice hockey body advises other sport associations on how to avoid anthem blunders ahead of handing in report

Before departure tell organisers that searching for anthem online will produce incorrect results, says team leader.

Posted on 14/04/2023

Meet the 31-year old VC and self-made millionaire who faced Hong Kong loan sharks and his own fear of death

Maurice Ng came to the US with nothing after fleeing Hong Kong. Now he's raising $100 million to back founders with "an underdog psychology." ...

Posted on 14/04/2023

Is Indonesia’s IPO future as bright as it looks, as Harita Nickel makes glittering public debut?

Jakarta’s stock exchange proving to be a bright spot amid stuttering global IPO market, with nickel producer’s debut underlining appetite for electric vehicle battery sector.

Posted on 14/04/2023

Hong Kong Banks Are Netting Crypto Customers as City’s Push Gains Steam

Lenders in the city are looking to fill a vacuum left by the failures of crypto-friendly U.S. banks.

Posted on 14/04/2023

Hong Kong ice hockey body advises other sport associations on how to avoid anthem blunders ahead submitting report

Tell organisers before team departs that searching for anthem online will produce incorrect results, team leader says Ice hockey body prepares to submit report next week detailing plans to improve its ...

Posted on 14/04/2023

U.S.-Listed Chinese Fintech Lufax Debuts in Hong Kong

Hong Kong had its latest “homecoming” listing of a U.S.-traded Chinese company on Friday. Shares of Lufax, a Chinese internet-lending company backed by insurance giant Ping An Insurance, debuted on ...

Posted on 14/04/2023

Afternoon tea from The Peninsula on a Star Ferry, and 2-day suspension of its ban of pet dogs, as Hong Kong icon ups its PR game to stay afloat

The Hong Kong Star Ferry company was badly hit by the Covid-19 pandemic that choked the flow of tourists and reduced commuting, and recently raised its fares Now it's branching out, serving Peninsula ...

Posted on 14/04/2023

Hong Kong stocks waver as mainland China funds buy big-cap tech while Fed rate outlook improves

Hong Kong stocks wavered even as mainland China funds supported big-cap tech companies while major corporate insiders retreated. Slowing price gains in the US fuelled hopes the Federal Reserve will ...

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