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Month: May 2023

Posted on 24/05/2023

Hong Kong Unveils Crypto Rulebook: Will Allow Retail Trading

Hong Kong’s securities watchdog has concluded its consultation paper on the proposed regulatory regime for crypto trading platforms. Under its new rulebook, the city-state will allow retail investors ...

Posted on 24/05/2023

HSBC, HKEX and Telstra emerge as Hong Kong’s most attractive employers 2023

For two consecutive years, ‘good work-life balance’ has been the most important employee value proposition (EVP) factor for Hong Kong employees.

Posted on 24/05/2023

Hong Kong Tackles a Talent Crunch for the ‘Hardest Position to Fill’ in Crypto

Hong Kong, which is preparing to introduce a new regime for trading digital assets, is responding to concerns raised by industry players about the shortage of a crucial type of worker. In conclusions ...

Posted on 24/05/2023

Hong Kong Shares Poised To Open Under Pressure

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped more than 350 ...

Posted on 24/05/2023

Beijing-based Commerce & Finance Adds Ex-Norton Rose Corporate Finance Partner In Hong Kong

Terence Lau, who was previously a partner at Norton Rose Fulbright and at Hogan Lovells, has joined the Hong Kong office of Chinese firm Commerce & Finance Law Offices.

Posted on 24/05/2023

Japan stocks snap seven-day winning streak as Hong Kong sinks to 2-month low

Hong Kong's Hang Seng index reversed earlier gains and to sink ... Refinitiv data showed banks led losses on the index, with the Industrial and Commercial Bank of China down by 2.76% and incurring the ...

Posted on 24/05/2023

Hong Kong PR firm Intelligent Group files for $15M US IPO

Intelligent Group (INTJ), a provider of financial PR services in Hong Kong, has filed to raise around $15M through a US initial public offering. The company said in a filing that it is interested in ...

Posted on 24/05/2023

Hong Kong Lets Retail Investors Trade Crypto in New Rules

Hong Kong said retail investors can trade crypto under its new rulebook for the sector, stepping up a drive to develop a digital-asset hub even as the industry and regulators clash elsewhere in Asia.M ...

Posted on 24/05/2023

Hong Kong police warn of surge in investment scams offering mainland Chinese stocks, with largest case this year involving HK$4.5 million

Police say 79 such scams recorded during first four months of 2023, up from single case logged during same period last year Scammers dupe victims into downloading fake 'A-shares Connect' mobile ...

Posted on 24/05/2023

Last emperor of China’s watch sells for record $6.2 million in Hong Kong auction

A watch that was once owned by the last emperor of China's Qing Dynasty, whose life formed the basis of the Oscar-winning film "The Last Emperor," sold for a record HK$49 million ($6.2 million) at a ...

Posted on 24/05/2023

IPO Update: Solowin Seeks IPO Despite Declining Revenue

Solowin Holdings ( SWIN) has filed proposed terms to raise $15 million in gross proceeds from the sale of its common stock in an IPO, according to an amended registration statement. The firm provides ...

Posted on 24/05/2023

Hong Kong’s Cathay Pacific sacks crew members accused of discriminating against non-English speakers

Hong Kong’s Cathay Pacific Airways has dismissed three cabin crew members after a passenger accused them of discriminating against non-English speakers, in a case that drew criticism from Chinese stat ...

Posted on 24/05/2023

How the triads operate, according to a former Hong Kong mafia member

Jimmy Tsui is a former member of Tung On in New York City's Chinatown and of the Sun Yee On triad in Hong Kong. In 1985 in New York, he was arrested and charged with robbery and homicide, with a $1.5 ...

Posted on 23/05/2023

Hong Kong regulator to issue crypto licences with retail investor guardrails

Hong Kong’s securities regulator said its crypto licensing regime will include measures to protect retail investors as it brings in tougher rules for digital asset companies from June 1. Hong Kong’s ...

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