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Category: FINANCE

Posted on 23/04/2024

BKFC owners at Triller acquired by Hong Kong-based finance company in $4 billion merger

Triller, the social media platform that counts BKFC as one of its largest assets, has been acquired in a merger with AGBA, a Hong Kong based finance company.

Posted on 23/04/2024

Hong Kong should combat ‘soft resistance’ with ‘soft power’ rather than full brunt of the law: justice secretary Paul Lam

Hong Kong has no plans to introduce fake news law, he says, as it's 'legally' hard to separate fact from opinion, citing Singapore Domestic security law already covers the spread of false information ...

Posted on 23/04/2024

Hong Kong stocks soar after China’s market regulator vows support for city’s global financial hub status

Hong Kong stocks extended gains amid expectations the latest measures announced by Chinese authorities will broaden the investor base ...

Posted on 22/04/2024

Earth Day: Paul Chan says Hong Kong has the expertise, liquidity to support region’s transition finance needs

Hong Kong can do more to help finance the transition of high-emitting sectors and heavy-polluting industries to more sustainable business activities as a hub for the region, Financial Secretary Paul ...

Posted on 22/04/2024

How Hang Seng Bank helps Hong Kong’s crucial SMEs evolve post-Covid-19

Bank’s support includes funding, and backing for innovation and business growth in Southern China’s GBA, says Regina Lee, head of commercial banking.

Posted on 22/04/2024

Hong Kong stocks soar after China’s market regulator pledges support for city’s IPOs, connect schemes

Hong Kong stocks extended gains amid expectations the latest measures announced by Chinese authorities would broaden the investor base ...

Posted on 22/04/2024

Hong Kong stocks soar after China’s market regulator pledges support for city’s IPOs, connect scheme

Hong Kong stocks got an early boost on Monday when investors got their first chance to react to market reforms unveiled late on Friday ...

Posted on 22/04/2024

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs

HONG KONG: Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish ...

Posted on 21/04/2024

Hong Kong finance chief Paul Chan hails move by mainland China’s securities regulator to ease trading rules with city

China Securities Regulatory Commission on Friday announce five measures to further enhance connectivity between mainland and Hong Kong capital markets.

Posted on 21/04/2024

Singapore stem cell bank scandal gives parents in Hong Kong, Philippines, India the jitters

The scandal now engulfing Cordlife Group Ltd. has implications across the region, given its operations in Hong Kong, Macau, Indonesia, the Philippines and India.

Posted on 20/04/2024

HK$720 million Hong Kong charity project to provide 14,000 low-income families with financial help, social services and career advice

Programme funded by Jockey Club, in collaboration with 18 partners, aims to pull households out of poverty by improving financial literacy, career prospects About 14,000 families living in 25 ...

Posted on 20/04/2024

Chinese Developer Sinks After HSBC Subsidiary Files Liquidation Petition

A Hong Kong bank majority-owned by HSBC Holding has filed a liquidation petition against Times China, another instance of creditors seeking to recoup funds from developers amid China’s protracted ...

Posted on 20/04/2024

Hong Kong Authorities Expose HK$1.8 Billion Crypto Laundering Operation

In a significant crackdown on financial crime, Hong Kong customs officers have apprehended three individuals for their alleged involvement in a staggering HK$1.8 billion crypto laundering operation.

Posted on 20/04/2024

Hong Kong regulator to investigate PwC auditing of Evergrande

Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report".On Friday, ...

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