Authorities have unveiled long-awaited proposals to regulate ride-hailing platforms, so how might users be affected?
Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say
Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this year, ...
Ex-McKinsey Partner Sentenced in Obstruction Case
The consultant had deleted records involving McKinsey’s role in pushing OxyContin sales and driving the opioid crisis.
Consulting firm McKinsey to pay $650 million to resolve US opioid …
McKinsey & Co has agreed to pay $650 million to resolve charges over advice it provided Purdue Pharma on how to "turbocharge" sales of its addictive painkiller OxyContin, the U.S. Department of ...
McKinsey to pay $650 million for helping Purdue Pharma sell OxyContin
McKinsey & Company agreed to pay $650 million to resolve criminal and civil investigations into its advice to opioids manufacturer Purdue Pharma.
The scandals and hypocrisy behind McKinsey’s sterling reputation
The consulting giant's unsavory practices are hidden by a “culture of secrecy,” Walt Bogdanich and Michael Forsythe write.
Ex-McKinsey partner sentenced to 6 months in prison for obstructing …
A former senior partner at McKinsey & Company was sentenced on Friday to six months in federal prison for destroying records of the firm’s work to “turbocharge” Purdue Pharma’s OxyContin ...
Hongkong Land: Consider Portfolio Optimization And Office Property …
Summary. Hongkong Land remains a Buy with potential portfolio optimization moves and the improved outlook for Hong Kong's office property market.
Hong Kong’s Crypto LEAP Framework Aims To Bolster Financial Leadership
Hong Kong's LEAP framework sets clear rules for stablecoins and tokenized assets, signaling a bold push into global digital finance leadership.
Yeahka to support HSBC Digital Merchant Services in Hong Kong
The move introduces additional payment methods for merchants, incorporating services such as Alipay, AlipayHK, and WeChat Pay.
Hong Kong property sector could face challenges but ‘risks are manageable’: FSDC chair
There is no need to worry about anything like ‘too big to fail’ because the fact is, the property sector only represents a small portion of Hong Kong's economy and bank loa ...
Hong Kong’s asset management industry hits near-record US$4.5 trillion on massive inflows
The city continues to be a top cross-border wealth centre, with non-Hong Kong investors contributing 63 per cent of assets under management.
Chinese AI firm MiniMax files confidentially for Hong Kong IPO, sources say
Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the float, which could happen before the end of this year, ...
Hong Kong wealth, fund assets hit HK$35.1 trillion as inflows surge
HONG KONG] Hong Kong’s assets under management across its asset and wealth management industry rose 13 per cent to HK$35.1 trillion (S$5.7 trillion) as inflows surged last year, underscoring a ...