Category: BUSINESS

Why are so many of the city's institutions, such as the Star Ferry, and old buildings in the city green? Because it was cheap. ( read original story ...)

China's Ant Group was named for the small insect because it serves "the little guys." Now, its IPO could overtake the world's most established banks. ( read original story ...)

Who owns Ant Group? How large is the IPO? Hangzhou Junhan and Hangzhou Junao hold 29.86% and 20.66 (50.52%) of total shares. Those entities are owned by Hangzhou Junao, of which Jack Ma owns 34% along ... ( read original story ...)

After falling to about CAD1.3080 yesterday, the greenback reversed and closed near session high's around CAD1.3150. Some follow-through action lifted it almost CAD1.3180 in Asia before it came off and ... ( read original story ...)

The bank's "serious lapses" and deficiencies in management supervision contributed to the mishandling of 1MDB funds, the financial regulator said. ( read original story ...)

China stocks declined while the Hang Seng Index saw a late rebound amid market volatility and US stimulus impasse before the November 3 presidential election. Cathay Pacific surrendered all of ... ( read original story ...)

Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's 1MDB scandal, the largest single fine ever levied by the regu ... ( read original story ...)

Hong Kong’s securities regulator has fined Goldman Sachs’s Asia business a record $350m for serious deficiencies in risk compliance and money laundering controls in relation to Malaysia’s 1MDB. The ... ( read original story ...)

Hong Kong’s consumer prices contracted for a third month in September, matching the longest deflationary stretch in more than a decade largely because of government relief measures to combat the ... ( read original story ...)

In August 2020, Karina Tsui traveled back from New York to her native Hong Kong, where she had to quarantine in a hotel for two weeks. Here's what went down. ( read original story ...)

For the second edition of Venture Leader Fintech in Hong Kong, swissnex China is proud to be supporting a high-quality delegation of top Swiss fintech startups for a pitching and fundraising ... ( read original story ...)

Lam Chiu-ying spent half his life working for the Hong Kong government. Late last month, the 71-year-old meteorologist quit his job as the head of an expert group advising policy makers on combating ... ( read original story ...)

China’s stocks fall by the most in four weeks while the Hang Seng Index retreats from a six-week high amid concerns about rising volatility and political tension before the US presidential election. ( read original story ...)

Established Asian hedge funds have attracted the lion’s share of new money this year, while startups have been hamstrung by global travel curbs that have made it impossible for face-to-face meetings ... ( read original story ...)