Banks from HSBC to JPMorgan Chase are slowly stepping into the metaverse as more consumer interactions drift away from branches to virtual venues. ( read original story ...)
Could digital signatures, e-contracts take the costs and hassle out of residential property transactions in Hong Kong
A litany of laws and regulations require manual signatures and paper contracts in any transaction related to land, making the process time-consuming and expensive – especially during a pandemic. ( read original story ...)
Bitcoin ATMs face existential threat in Hong Kong
Hong Kong’s status as Asia’s capital for Bitcoin ATMs could be under fire as the city rethinks its approach to retail access to cryptocurrencies. ( read original story ...)
Generali Hong Kong and ZA Bank embarks on bancassurance partnership
The partnership leverages both of the two firms' strengths. Generali Hong Kong and virtual bank ZA Bank have announced that they have come together to embark on a bancassurance partnership. Under the ... ( read original story ...)
Hong Kong’s biggest phone scam: retiree, 78, arrested for posing as ‘spy’ in HK$250 million case
Financial losses to phone scams have risen by 41 per cent in Hong Kong from 2020 to 2021, as scammers use Covid-19 related fear-mongering to target victims. ( read original story ...)
Green Tea delays Hong Kong IPO
Mainland-based restaurant owner Green Tea Group has pushed back its Hong Kong IPO timeline amid increasingly poor market conditions. Green Tea was set to pre-market its IPO in March and was initially ... ( read original story ...)
Trucking Startup G7 Said to Weigh $500 Million Hong Kong IPO
Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day. Overnight on Wall Street is morning in Europe. ( read original story ...)
Hong Kong’s skilled professionals can expect pay rises of up to 6 per cent as employers scramble to keep talent amid Covid-19 exodus, Hays survey shows
Four out of 10 employers in Hong Kong plan to increase salaries by up to 3 per cent, while a quarter intend to offer a pay rise of between 3 and 6 per cent The outflow of talent has been mainly from ... ( read original story ...)
HSBC unveils metaverse strategy for wealthy clients
HSBC global private banking has launched a Metaverse Discretionary Strategy, which will be available to its private banking clients. The fund aims to capture the growth opportunities globally over the ... ( read original story ...)
Who Leads on Hong Kong Listings? Maybe Not the Firms You Think
One of King & Wood’s most significant Hong Kong IPO advice last year was for Chinese bank Dongguan Rural Commercial Bank on its $1.3 billion debut. Han Kun Law Offices acted on 11 deals including that ... ( read original story ...)
HSBC Launches Metaverse Fund for Asia Private Banking Clients
HSBC Holdings plc HSBC has started an exclusive fund focused on the metaverse for its private banking clients in Hong Kong and Singapore. Managed by HSBC Asset Management, the discretionary ... ( read original story ...)
Hong Kong deputy chief says he plans to run for city’s top job
HONG KONG -Hong Kong Chief Secretary John Lee, a security official during the global financial hub’s prolonged and often violent 2019 pro-democracy ... ( read original story ...)
Metaverse: HSBC launches metaverse fund for banking clients in Asia
HSBC Holdings just introduced its metaverse fund for its Asian clients. Based on the report, this new portfolio was also created to entice its wealthy clients in Asia. According to Reuters, HSBC ... ( read original story ...)
Hong Kong stocks begin to beat Chinese shares after languishing for a year as underdogs
The run-up in Hong Kong reflects the resilience among investors after weathering more than a year of China’s regulatory clampdown on technology stocks. ( read original story ...)