NEW YORK/LONDON/HONG KONG - Goldman Sachs began laying off staff on Wednesday (Jan 11) in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and ...
Founder of Chinese energy firm Hanergy Li Hejun reportedly detained by police
Li has previously been banned from acting as a director in Hong Kong after a 2015 share price crash where his company lost almost half its value in minutes.
Hong Kong crypto exchanges to follow same laws as traditional finance
Hong Kong has passed a new licensing regime on for crypto exchanges that will subject providers to the same legislation and rules as traditional finance.
Hong Kong to Propose Approved Set of Crypto Tokens for Retail Trading: Reuters
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Hong Kong's Securities and Futures Commission (SFC) will allow retail trading in a select group of ...
Goldman job cuts hit investment banking, global markets hard -source
Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source ...
2 Hong Kong doctors charged with manslaughter over patient’s death following medical blunder
Police insider says arrests linked to 2017 death of Tang Kwai-sze, who underwent two unsuccessful transplants after medical blunder led to liver failure.
Hong Kong to Only Offer ‘Highly Liquid’ Cryptocurrencies for Retail Trading: Report
The move, announced at this year’s Asian Financial Forum, aims to make Hong Kong more friendly to crypto startups and focus on investor protection. The decision to allow retail trading in ...
John Lee vows ‘fast’ return to normalcy for Hong Kong as Asian Financial Forum kicks off
HONG KONG] HONG Kong is planning to return to normalcy “fast” but in a “safe and orderly manner”, the city’s chief executive John Lee pledged at the opening of the Asian Financial Forum (AFF) 2023 on ...
Hong Kong Traffickers Receive Cocaine From Across Latin America
While Hong Kong receives meth consistently from Mexico, it is now a major destination for cocaine shipments from across Latin America.
Hong Kong IPO bankers hope for better in 2023
Initial public offerings by Chinese firms are Hong Kong’s lifeblood, yet they were rarer than hen’s teeth in 2022. For deal flow to return, China must open up. Buckle up: things could get bumpy.
Startup internships launched
The Home & Youth Affairs Bureau, in partnership with the Cyberport Management Company and the Hong Kong Science & Technology Parks Corporation, launches the Youth Start-up Internship Programme 2023, ...
Hong Kong authorities condemn UK minister meeting Jimmy Lai legal team
Hong Kong and Chinese authorities expressed strong opposition on Wednesday to a meeting between the legal team of Jimmy Lai, the jailed pro-democracy Hong Kong tycoon, and a British minister. Prime ...
Virtual assets: Hong Kong retail investors will only have access to ‘highly liquid’ products, SFC’s new boss Julia Leung says
A consultation paper on virtual assets will be issued in this quarter and new licensing rules for virtual assets platforms will come into effect in June, Julia Leung said The SFC will also work with ...
Coronavirus: Hong Kong will return to normality quickly but safely, city leader John Lee says at regional financial forum
Rest assured, we’ll go fast in a safe and orderly manner towards our shared goal of everything resuming as normal,’ city leader tells attendees at Asian Financial Forum.