Companies in Asia have much catching up to do when it comes to their climate transition performance, and this could create opportunities for Hong Kong as a financial hub, according to participants at ...
BOC Aviation sells 18 aircraft
Singapore-based, Hong Kong SAR-listed aircraft leasing company BOC Aviation executed 82 transactions in the fourth quarter of 2022 and a total of 298 in 2022. These included commitments in the fourth ...
HSBC wins appeal against $36 mln Euribor cartel fine
HSBC has won an appeal against a decision by European antitrust regulators to fine Europe's second-largest bank 33.6 million euros ($36 million) over its role in a cartel to manipulate benchmark ...
Hong Kong lawyer duped out of HK$5.7mil by phone scammers pretending to be mainland Chinese police, telecoms worker
Woman, 31, first received phone call in November from ‘telecoms worker’ who said she was involved in deception case. Victim then had a video call with another scammer posing as a mainland public ...
Hong Kong accountant swindled out of HK$2.2 million after man with ‘insider information’ lures him into setting up account on fake stock trading app
Scammer in WhatsApp group convinced accountant, 51, to transfer money into five designated bank accounts to invest in mainland stocks Bogus app showed fake transactions and returns to trick people ...
Hong Kong lawyer duped out of HK$5.7 million by phone scammers pretending to be mainland Chinese police, telecoms worker
A Hong Kong lawyer has become the latest victim of a phone scam after a swindler impersonating a mainland Chinese police officer duped her out of nearly HK$5.7 million (US$730,769) over two months.
Hong Kong’s IPO Market Is Poised For A Return To Form
After a bleak first half of 2022, Hong Kong’s IPO market regained momentum in the second half of the year. Refinitiv data show that 75 listings raised US$12.69 billion. To be sure, it was a weaker ...
2023 will be a ‘much better’ year for Hong Kong’s economy than 2022, says finance secretary
Paul Chan, Hong Kong's finance secretary, discusses the city's economic outlook in the context of factors such as mainland China's reopening.
Financial stability a priority for Hong Kong: finance secretary
Chan expects more support from mainland China as the latter’s economy recovers. Hong Kong places priority in maintaining its financial stability amidst ongoing challenges in the external environment, ...
Goldman Sachs lays off 16 private banking staff across Hong Kong, Singapore and China offices: Source
NEW YORK/LONDON/HONG KONG - Goldman Sachs began laying off staff on Wednesday (Jan 11) in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and ...
Founder of Chinese energy firm Hanergy Li Hejun reportedly detained by police
Li has previously been banned from acting as a director in Hong Kong after a 2015 share price crash where his company lost almost half its value in minutes.
Hong Kong crypto exchanges to follow same laws as traditional finance
Hong Kong has passed a new licensing regime on for crypto exchanges that will subject providers to the same legislation and rules as traditional finance.
Hong Kong to Propose Approved Set of Crypto Tokens for Retail Trading: Reuters
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Hong Kong's Securities and Futures Commission (SFC) will allow retail trading in a select group of ...
Goldman job cuts hit investment banking, global markets hard -source
Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source ...