'While alleviating the impact of the epidemic, we must also focus on promoting economic development and improving people's livelihoods,' Paul Chan says Industry and labour representatives, meanwhile, ... ( read original story ...)
U.S. firms in Hong Kong plan to expand investment: AmCham HK
U.S. businesses in Hong Kong are generally optimistic about the competitive global hub and more plan to expand their investments, according to a survey report released Wednesday by the American ... ( read original story ...)
Hong Kong stockbrokers’ bonuses shrink after 2021 market rout, while staff at banks including HSBC and Bank of East Asia reap the rewards
Many of the city's 600 brokerages will pay much smaller bonuses or none at all as the Year of the Tiger gets under way Meanwhile, bank staff are likely to be celebrating higher bonuses thanks to their ... ( read original story ...)
Digital Banking: ZA Bank becomes Hong Kong’s First Virtual Bank to Receive Type 1 SFC License
Hong Kong's ZA Bank is now "licensed by the Securities and Futures Commission (SFC) for Type 1 regulated activity (dealing in securities)." ... ( read original story ...)
Hong Kong’s ‘zero COVID’ policy risks status as financial hub
HONG KONG -- "All of Asia's key markets less than four hours away." "Half of the world's population can be reached within five hours by plane." By continuing to browse this website, you accept cookies ... ( read original story ...)
Asian Private Equity Firm PAG Weighs Hong Kong IPO
Asia-focused investment firm PAG is considering an initial public offering in Hong Kong, according to people with knowledge of the matter, in what would be one of the biggest listings by a buyout firm ... ( read original story ...)
Green finance: Hong Kong’s role in the global standard to cut through the alphabet soup of ESG rules
The world has at least 200 sets of standards for reporting and assessing climate and sustainability risks, mostly created without coordination among different jurisdictions The International ... ( read original story ...)
Hong Kong’s banking talent shortage worsened by zero-Covid rules must be urgently addressed, industry association says
Hong Kong’s banks face a severe talent shortage and staffing problem, as stringent quarantine and travel rules deter visitors and cut off supply of skilled labour. ( read original story ...)
Hong Kong – Telecoms, Mobile and Broadband – Statistics and Analyses
Hong Kong’s telecom sector faces an uphill battle keeping the #1 spot in AsiaSydney, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments ... ( read original story ...)
Banks in Hong Kong Tighten Work Rules as Virus Cases Spread
Banks are ramping up or extending efforts to protect their staff and business continuity in Hong Kong as authorities struggle to contain a fifth wave of Covid infections in the city. At Morgan Stanley ... ( read original story ...)
Hang Seng inches higher on property, consumer boost
Hong Kong's Hang Seng index closed higher on Friday, turning around from earlier losses on a boost from real estate and consumer staples firms, but sentiment remained fragile amid concern over Fed ... ( read original story ...)
Zero-Covid strategy threatens Hong Kong’s growth prospects for 2022
There is a chance that the border between Hong Kong and mainland China will reopen with a limited quarantine period if Covid cases subside. This should increase economic activity in Hong Kong. Further ... ( read original story ...)
AInnovation sees poor investor turnout on IPO
Artificial intelligence start-up Qingdao AInnovation Technology Group has priced its Hong Kong IPO at the floor of the marketed range, raising HK$1.18bn ($151.5m) in new capital, according to a source ... ( read original story ...)
Residents resist Hong Kong’s hamster massacre
An underground movement of animal lovers emerged in the city this week to hide the rodents from overzealous health authorities. ( read original story ...)