Hong Kong is the worst performing major stock market not only in Asia but the entire world so far this year. “The hamstrung Hang Seng index is hobbling into year end,” RealMoney's Alex Frew McMillan ... ( read original story ...)
Hong Kong to vote under new election laws
Hong Kong voters are preparing to vote for the first time this weekend since election laws were changed. The legislative elections, to be held Sunday, come after Beijing in March passed a resolution ... ( read original story ...)
British Airways Halts Hong Kong Flights Amid Pilot Quarantines
British Airways put flights to Hong Kong on hold until March after the imposition of strict quarantine rules by the Asian financial hub’s government saw airline crews forced to isolate in a makeshift ... ( read original story ...)
Hong Kong after electoral overhaul and post-national security law: how quiet will this year’s Legislative Council poll be?
In the lead-up to the election, top officials have sought to manage expectations over the level of public participation no matter how it plays out. ( read original story ...)
Hong Kong Retail Banking Market Report- Review, Forecasts, and Future Opportunities | Outlook, Survey Insights, Competitor Update
The Hong Kong Retail Banking Market research report provides wide range coverage of the Hong Kong Retail Banking Market in the forecast period 2021 2026 Hong Kong Retail Banking Market provides ... ( read original story ...)
Hong Kong to Host SPACs From Early 2022
The exchange published its SPAC rules following a public consultation that began in September, and said the listing regime would take effect on Jan. 1. ( read original story ...)
Hong Kong SPAC listings to be allowed from Jan. 1
Special Purpose Acquisition Companies, or SPACs, will be allowed to list in Hong Kong from Jan. 1, 2022, the local stock exchange operator said in a statement on Friday. HONG KONG, Dec 17 (Reuters) - ... ( read original story ...)
Hong Kong’s tweaked regime for SPAC listings starts on Jan. 1
Blank-cheque companies known as SPACs can list in Hong Kong from Jan. 1, the stock exchange operator said on Friday, the latest global bourse to tap demand for the investment vehicles although ... ( read original story ...)
HSBC fined US$64 million by UK regulator for anti-money-laundering lapses
The Financial Conduct Authority said three key parts of HSBC’s automatic monitoring system had serious weakness over an eight-year period until March 2018. ( read original story ...)
HSBC suffers money-laundering déjà vu
HSBC , executives must be suffering from a sense of déjà vu. Britain’s Financial Conduct Authority on Friday fined the global bank 63.9 million pounds for deficiencies in its anti-money laundering ... ( read original story ...)
HSBC Fined GBP63.95M for Anti-money Laundering Failings
The UK Financial Conduct Authority (FCA) today (17th) announced that HSBC HOLDINGS (00005.HK) had been fined GBP63.95 million for failings in the anti-money laundering process, reported Reuters. Three ... ( read original story ...)
HSBC Puts Best Lending Rate On Hold at 5%
HSBC announced that it maintained the best lending rate intact at the current level of 5%. The last adjustment was dated back on 1 November 2019, when the rate was cut by 12.5 bps. Meanwhile, the bank ... ( read original story ...)
Hong Kong Holds First Election Without Opposition. But Will People Vote?
Sunday’s election will feature only Beijing-approved candidates, after an overhaul of voting rules and a crackdown on the city’s opposition. ( read original story ...)
Investors keep faith in SenseTime as Chinese AI start-up gets about US$500 million in cornerstone investment, say sources
Nine investors took part in the fundraising, with Mixed-Ownership Reform Fund pledging US$200 million, sources said. ( read original story ...)