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Category: FINANCE

Posted on 28/02/2023

Hong Kong to constantly benchmark itself against London and New York, finance chief says vows

Financial Secretary Paul Chan tells Post forum that city will remain 'financial market [where] the Western countries have a substantial stake' At the same time, Hong Kong can 'collaborate with ...

Posted on 28/02/2023

Hong Kong to constantly benchmark itself against London and New York, finance chief vows

Financial Secretary Paul Chan tells Post forum that city will remain ‘financial market [where] the Western countries have a substantial stake’.

Posted on 27/02/2023

We Cut Our FVE for Hang Seng Bank to HKD 148 From HKD 177

Hang Seng Bank’s narrow economic moat comes from its funding advantage in Hong Kong, where it is able to attract sticky low-cost deposits that help it generate net interest margins above the ...

Posted on 27/02/2023

China, Hong Kong stocks fall as Sino-U.S. tensions weigh

China and Hong Kong stocks declined on Monday amid Sino-U.S. tensions, while investors awaited policy signals from the upcoming National People's Congress. ** China's blue-chip CSI300 Index dropped 0.

Posted on 27/02/2023

Revitalised Hong Kong investor immigration scheme unlike Singapore policy, aims to entice world’s wealthiest 5 per cent, finance chief says

Financial Secretary Paul Chan says Capital Investment Entrant Scheme to set higher threshold than S$2.5million criteria for Singapore policy Task force established to develop scheme investment ...

Posted on 27/02/2023

HSBC welcomes Hong Kong’s HK$100m bid to attract family office

Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025. The head of HSBC’s family office advisory in the region welcomed Hong Kong’s latest announced family office ...

Posted on 26/02/2023

‘It’s worth fighting for’: fintech students in Hong Kong hope to make their mark in Greater Bay Area

Hundreds of students in Greater Bay Area Fintech Talent Initiative to undergo three-week training on financial technology this month Victor Fong, 20, hopes to work in bay area over the next 10 years ...

Posted on 26/02/2023

This Hong Kong fintech employs AI technology to promise collateral-free loans to city’s small businesses

The company, which got its start in the Hong Kong Science Park, is aiming to fill a US$1.7 billion trade-finance gap in Asia The company uses a proprietary AI-based risk-management tool to assess ...

Posted on 26/02/2023

Hong Kong Airline Worker Shortage Hits City’s Push to Reopen

Hong Kong’s goal to reclaim its spot as Asia’s premier financial hub is being tested by a scarcity of workers in the air industry that’s vital for reestablishing the city’s international links.

Posted on 26/02/2023

Hong Kong tells America to stop ‘scaremongering’ over city’s future after Beijing warns US consul general to stay out of financial hub’s affairs

Hong Kong government attacks US 'smearing' of city after American consul general rejects warning by Beijing's man in city to stop criticism Political pundits say better Hong Kong-American relations ...

Posted on 26/02/2023

Hong Kong model dismembered over financial dispute, 3 arrested

Hong Kong police have made three arrests for the murder and dismemberment of a 28-year-old model after a financial dispute ...

Posted on 26/02/2023

4 arrested after model Abby Choi’s dismembered body discovered in Hong Kong

Parts of the model's body, along with a meat slicer, an electric saw, and some clothing, were found on Friday.

Posted on 26/02/2023

HSBC admits putting human rights at risk in China pivot

HSBC has admitted it risks putting human rights at risk amid a strategic shift to Asia that has seen it side with Beijing on a crackdown in Hong Kong. Freedom of speech and freedom from arbitrary ...

Posted on 25/02/2023

BOC seizes P104M worth of illegally imported onions, sugar, cigarettes

The Bureau of Customs (BOC) said on Saturday it seized P104 million worth of illegally imported onions, sugar, and cigarettes during a series of inspections at the Manila International Container Port ...

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