Swindler impersonating boss from company’s headquarters claimed funds were needed for acquisition purposes in emails sent in March. ( read original story ...)
IPO Drought Places HKEX Among World’s Worst-Performing Bourses
Hong Kong Exchanges & Clearing Ltd. is among the worst-performing listed bourses worldwide this year as China’s extended corporate clampdown and pandemic-related woes have caused large initial public ... ( read original story ...)
HSBC first-quarter pre-tax profits drop nearly 30% to US$4.2 bn
HSBC said on Tuesday that first-quarter profits dropped nearly 30 percent owing to higher-than-expected credit losses and inflation but the Asia-focused lending giant remained upbeat about its ... ( read original story ...)
HSBC’s first-quarter profit drops 28 per cent as uncertain markets hit wealth revenue, but the bank beats a consensus profit estimate
Pre-tax profit was US$4.2 billion, beating a consensus estimate of US$3.72 billion Operating income in its wealth business fell 19 per cent in the quarter HSBC, Europe's biggest bank by assets, said ... ( read original story ...)
Coronavirus: Hong Kong will stick with plan to further ease social-distancing measures in the second half of May, leader Carrie Lam says
Carrie Lam says the government will push on with relaxing social-distancing measures unless there is a sudden, ‘unlikely’ surge in Covid-19 infections. ( read original story ...)
Entry quarantine dampens Hong Kong’s tourism recovery potential
While Hong Kong will permit entry for non-residents from May 1, ending a lengthy 25-month suspension of overseas arrivals since March 25, 2020, travel and tourism professionals in the destination say ... ( read original story ...)
Police subdue, arrest suspected drug trafficker after 2 officers attacked during identity check in Hong Kong
Alleged assault took place after suspect intercepted near a sitting-out area at the junction of Cleverly Street and Burd Street at 12.47am on Tuesday. ( read original story ...)
Strategic Thinking—Hong Kong
The Hong Kong Jockey Club Charities Trust proudly awards scholarships ... He has taught executives at the Financial Management Program at General Electric, and the McKinsey & Co. mini-MBA program, as ... ( read original story ...)
Hong Kong’s Lam says no plan to further ease border controls
Hong Kong’s leader said there were no plans to further relax border controls, as the city continues to chart a cautious approach to Covid-19 despite plunging cases. ( read original story ...)
Hong Kong’s Retail Green Bond kicks off, offering small investors bite-size, inflation-busting financial products to develop city as sustainable investing hub
Investors can subscribe to the three-year, 2.5 per cent bond in minimum lots of HK$10,000 online from a number of the city's licensed banks until 2pm on May 6 An initial tranche of HK$15 billion has ... ( read original story ...)
Hong Kong’s Lam Says No Plan to Further Relax Border Controls
Hong Kong’s leader said there were no plans to further relax border controls, as the city continues to chart a cautious approach to Covid-19 despite plunging cases. Hong Kong Chief Executive Carrie ... ( read original story ...)
Will Chinese Law Firms Ever Be Trusted to Lead Foreign IPO Advice?
Despite the rise of Chinese firms on Hong Kong listings, none of the most active was lead legal counsel on any of their listing transactions, Asia Legal Briefing author Jessica Seah writes. That job ... ( read original story ...)
Hang Seng Overdue For Support On Tuesday
The Hang Seng now rests just beneath the 19,870-point plateau although it's tipped to open in the green on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with bargain ... ( read original story ...)
Dollar ascends on China COVID fears, Fed rate hike pace
The dollar climbed to around a two-year high against the euro and an 18-month high versus the pound as fears about the economic impact of China's COVID-19 lockdowns and an aggressive pace of U.S. rate ... ( read original story ...)