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Month: March 2024

Posted on 01/03/2024

Evergrande chairman’s second seized Hong Kong mansion put up for sale

A second mansion in Hong Kong that once belonged to China Evergrande Group's chairman has been put up for sale by its receivers, according to property agent Savills.

Posted on 01/03/2024

PwC Hong Kong and watchTowr forge strategic cybersecurity partnership

SINGAPORE, March 1, 2024 /PRNewswire/ -- watchTowr, a global cybersecurity technology start-up, is excited to announce a strategic partnership with PwC Hong Kong ("PwC"). Headquartered in Singapore ...

Posted on 01/03/2024

JPMorgan picks HSBC, StanChart to run $500 billion custody business in Hong Kong, Taiwan

JPMorgan Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong and Taiwan, with assets worth more than $500 billion, a spokesperson for the U.S. bank said.

Posted on 01/03/2024

Hong Kong’s Lantau Tomorrow plan delayed by 2 to 3 years, finance chief Paul Chan reveals, authorities to focus on Northern Metropolis scheme instead

Announcement of delay comes as city expected to record its fourth deficit exceeding HK$100 billion Chan says government needs to complete feasibility studies and come up with mitigating measures for ...

Posted on 01/03/2024

Hong Kong attracts 22 applicants for crypto exchange licences

The world’s largest exchange Binance was absent from the list, as was Coinbase and Kraken. Read more at straitstimes.com.

Posted on 01/03/2024

US Envoy Warns Hong Kong Is Moving to China-Style Internet Curbs

The top US diplomat in Hong Kong sounded the alarm over growing internet censorship in the city, underscoring fears China’s crackdown on freedoms is diminishing the hub’s appeal as a global finance ...

Posted on 01/03/2024

HSBC HOLDINGS Buys back 6.95M+ Shrs for HKD422M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.9515 million shares of the company yesterday (29 February) in the UK and Hong Kong markets for a total amount of... HSBC HOLDINGS ...

Posted on 01/03/2024

Hang Seng Bank expresses support of budget measures for SME, financial market

Amongst initiatives were the advancement of digital finance and support for SMEs. Hang Seng Bank has expressed support for the Hong Kong government’s new budget measures, particularly those designed ...

Posted on 01/03/2024

Hong Kong must embrace green finance as both opportunity and responsibility, monetary authority CEO says

It’s not just about addressing a global issue that might affect everybody, it’s also about protecting our people in our own land,’ Eddie Yue says.

Posted on 01/03/2024

ZA Bank officially unveils US stock trading service in Hong Kong

Customers of ZA Bank’s US stock trading service will also be able to trade directly without the hassle of making transfers, Transactions are directly debited or credited to their savings accounts. The ...

Posted on 01/03/2024

Elon Musk’s xAI startup targets valuation as high as $20B: sources

Musk is raising the funds at a valuation that would likely be between $10 billion and $20 billion for the company behind the snarky chatbot Grok.

Posted on 01/03/2024

Florida man pleads guilty to smuggling thousands of turtles to Hong Kong and Germany

A Florida man pleaded guilty to smuggling thousands of turtles to Germany and Hong Kong, and falsifying documents to conceal his crimes. John Michael Kreatsoulas, 36, of Alva, Florida, sold wildlife ...

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