The Bank of Korea on Thursday raised its policy rate to 1%, a move that was largely expected by analysts in a Reuters poll. ( read original story ...)
J.P. Morgan CEO Jamie Dimon Apologies After Joking That His Bank Will Outlast Chinese Communist Party
Sensing that it will be invite the ire of Chinese authorities , J.P. Morgan CEO Jamie Dimon apologised after joking that his financial behemoth will outlast Chinese Communist Part ... ( read original story ...)
{Block Trade}BOC HONG KONG: 4.06m shares, or HK$99.66m
ET Net News Agency, 25 November 2021] 2 direct manual trades of 4.06 million shares of BOC HONG KONG (02388) were registered at 11:30a.m. The deals amounted to HK$99.66m, or at HK$24.575 per share. ( read original story ...)
Qupital wants to finance more Chinese cross-border e-commerce merchants by tapping Hong Kong’s capital market
Hong Kong’s less stringent online lending rules vis-a-vis the mainland, and its mature financial market offer opportunities, Qupital’s CEO says. ( read original story ...)
Top Blockchain University: City University of Hong Kong
Ranked 14th, CityU partners with big names in accounting to create blockchain-based verification of academic credentials. ( read original story ...)
Hong Kong helpers increasingly targeted by money-laundering syndicates, police warn as education campaign kicks off
Arrests tied to money laundering have surged in the past year, with 34 domestic workers detained in a pair of June and July stings Helpers are typically lured with cash payments to turn over bank ... ( read original story ...)
Beijing Winter Olympics: Bank of China (Hong Kong) unveils special HK$20 notes to mark Games, with vertical design showing Great Wall against Victoria Harbour silhouette
City's finance chief Paul Chan says new design signifies Hongkongers' blessings and support for Games Applications to buy the banknotes will be accepted online or at any bank branch from December The ... ( read original story ...)
Wuhan Asia Heart Hospital Weighs Hong Kong IPO Next Year
Wuhan Asia Heart Hospital, a private health-care services group, is planning a Hong Kong initial public offering that could raise a few hundred million dollars, according to people familiar with the ... ( read original story ...)
Hong Kong plans to issue yuan-denominated green bonds
The government of the Hong Kong Special Administrative Region plans to issue renminbi-denominated green bonds to further strengthen Hong Kong's status as an offshore RMB hub ... ( read original story ...)
Hong Kong shares up at start of trade
Hong Kong stocks opened slightly higher on Wednesday morning following five days of losses, with investors keeping a close eye on central bank policy plans as inflation around the world surges. The ... ( read original story ...)
Hong Kong prices first yuan-denominated green bonds, raising US$783 million, in boost for sustainable finance credentials
City's government sold euro-denominated green bonds last week Hong Kong wants to position itself as Asia's hub for sustainable finance as it seeks to reach carbon neutrality by 2050 Hong Kong has ... ( read original story ...)
Jamie Dimon sets his bank up to be China punchline
Maybe Jamie Dimon learned something about President Xi Jinping’s sense of humour during his recent visit to Hong Kong. The JPMorgan boss was clearly just looking for a chuckle on Tuesday when he said ... ( read original story ...)
Hong Kong Stock Market May See Technical Rebound On Wednesday
The Hong Kong stock market has fallen lower in nine straight sessions, plummeting more than 1,100 points or 4.4 percent along the way. The Hang Seng Index now rests just above the 24,650-point plateau ... ( read original story ...)
Hong Kong SAR plans to issue yuan-denominated green bonds
The government of the Hong Kong Special Administrative Region plans to issue renminbi-denominated green bonds to further strengthen Hong Kong's status as an offshore RMB hub and green financial center ... ( read original story ...)