McKinsey & Company, long regarded as the epitome of consulting and a guiding force in corporate strategy, faces its greatest crisis as it marks its 100th anniversary. During the COVID-19 pandemic, ...
AI Drug Discovery Startup Earendil Is Said to Consider Hong Kong IPO
Earendil Labs, a biotechnology startup that uses artificial intelligence for drug discovery, is considering listing in Hong Kong, according to people familiar with the matter.
Hong Kong authorities arrest eight in insider trading probe into hedge fund, brokers
HONG KONG: Hong Kong authorities said on Thursday (Mar 12) they had launched an insider trading probe into two brokerages and a hedge fund, and arrested eight people in their biggest crackdown on the ...
Iran war casts shadow over HSBC and StanChart Middle East ambitions
By Lawrence White and Selena Li LONDON/HONG KONG, March 12 (Reuters) - Just days before the U.S. and Israel launched strikes on Iran, HSBC's CEO Georges Elhedery said the Asia-Middle East corridor was ...
Hong Kong’s property market has turned
In Hong Kong even the fish are short of space. Mr Chan (not his real name) keeps a red Siamese fighting fish in a water glass above his bed, alongside his hairbrush, nail clippers and cigarette ...
Amid Middle East conflict and new tax incentives, more family offices look to Hong Kong
Hong Kong's latest proposed incentives for family offices include tax breaks on gold and bitcoin.
Why Hong Kong Is Emerging as Asia’s Gateway for Europe’s Family Offices
By Jason Fong, Global Head of Family Office, Invest Hong Kong (InvestHK) Asia accounts for more than half of global GDP and is experiencing ...
HSBC and Standard Chartered Set to Receive Hong Kong’s First Stablecoin Licenses
Hong Kong is set to issue stablecoin licenses to HSBC and Standard Chartered, marking a key milestone in digital asset regulation.
BOC HONG KONG Joins UnionPay Int’l to Expand CN Payment Network
BOC HONG KONG (02388.HK) announced a deepened collaboration with UnionPay International. Starting today, BOC HONG KONG's mobile payment platform, BoC Pay+, supports payment functions through the ...
Hong Kong authorities raid two brokers and a hedge fund in crackdown on insider trading
By Selena Li, Summer Zhen and Kane Wu HONG KONG, March 12 (Reuters) - Hong Kong authorities said on Thursday they had launched an insider trading probe into two brokerages and a hedge fund, arresting ...
Hong Kong corruption watchdog arrests 8 in US$40m insider dealing probe
Six men and two women, including a Guotai Junan executive, are in custody for allegedly giving information related to share placements.
Hong Kong arrests hedge fund, broker staff in insider probe
The probe marks the biggest raids in the city since 2017, when regulators searched eight locations and arrested three senior company executives in a probe of what was dubbed the “Enigma Network”.
Hong Kong’s role as financing hub highlighted
THE Hong Kong Special Administrative Region is well-positioned to help companies from the Chinese mainland raise funds globally and expand overseas, while deepening cooperation with the mainland in ...
Hong Kong authorities launch insider trading, corruption probe on brokers, hedge fund
HONG KONG, March 12 (Reuters) - Hong Kong's Securities and Futures Commission said it launched an investigation with city's anti-corruption agency on insider trading and corruption activities. The SFC ...