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Category: FINANCE

Posted on 16/07/2025

BOC seizes P304-M illegal drugs in separate ops at NAIA

The Bureau of Customs-Ninoy Aquino International Airport (BOC-NAIA) seized over 44 kilograms of suspected shabu worth over PHP304 million in two separate interdiction operations at Terminal 3 in Pasay ...

Posted on 16/07/2025

BOC seizes nearly P2M in undeclared cash from passenger bound for Hong Kong

CUSTOMS authorities have confiscated P1.199 million in undeclared local currency from a 26-year-old male passenger bound for Hong Kong, citing a violation of th ...

Posted on 16/07/2025

Citi to boost Japan investment banking headcount up to 15%, executive says

Citigroup plans to raise its investment banking headcount in Japan by 10% to 15% over the next year and make new hires in Australia, as part of its strategy to bolster growth in the Asia Pacific, its ...

Posted on 16/07/2025

Chinese AI Startup MiniMax Files for Hong Kong IPO, Sources Say

MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap ...

Posted on 15/07/2025

HK-bound man caught at Cebu airport with over P1.1M undeclared cash

A 26-year-old Filipino man was intercepted at the Mactan-Cebu International Airport (MCIA) on July 14, 2025, for attempting to leave the country with more than P1.1 million in undeclared cash.

Posted on 15/07/2025

Mainland China Heavyweights Lift Hong Kong To Top IPO Destination

Hong Kong will likely fortify its position as one of the world's top destinations for equity fundraising, driven by secondary listings by companies based in mainland China.

Posted on 15/07/2025

China Merchants Bank’s brokerage arm receives virtual asset licence in Hong Kong

CMB International Securities (CMBI), the brokerage arm of China Merchants Bank, said it received a virtual asset licence from Hong Kong’s Securities and Futures Commission, making it the first ...

Posted on 15/07/2025

Chinese firms’ Hong Kong stocks trade at smallest discount to onshore shares in 5 years

The narrowing discrepancy reflects the Hong Kong market’s gains from global investors’ diversification efforts.

Posted on 15/07/2025

Yeahka expands payment options for HSBC Digital Merchant Services

Yeahka (9923.HK) is leveraging its extensive payment network to support HSBC in enhancing HSBC Digital Merchant Services by expanding the payment options available to its merchants in Hong Kong. The ...

Posted on 15/07/2025

HSBC may have to choose between East and West as China tightens … – CNN

HSBC has carved out a lucrative role in global banking over the past 155 years by straddling the line between East and West. Now, a political firestorm over the bank’s hometown of Hong Kong ...

Posted on 15/07/2025

Hong Kong court to hear jailed democrats’ pleas

A Hong Kong court will hear appeals starting on Monday from 13 democracy campaigners who were jailed for subversion last year during the city’s largest national security trial. They were among 45 ...

Posted on 14/07/2025

Hong Kong couple arrested over trying to open HSBC account with fake HK$500 million bonds

Alleged incident was reported to force by bank staff at 12.35pm on Monday, prompting officers to arrest couple for using false instrument.

Posted on 14/07/2025

Hong Kong Targets Banking Rules to Implement Basel Cryptoasset Standards

Hong Kong is targeting new banking rules aimed at aligning its regulatory framework with international standards on cryptoasset exposures, as part of efforts ...

Posted on 13/07/2025

Geopolitics spur Hong Kong’s renewed focus on South Korean trade collaboration

Finance chief Paul Chan positions superconnector Hong Kong as a stable bridge for Korean enterprises in push to reinvigorate investment.

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