The Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBoC) have announced that they are accepting applications from financial institutions and Fintechs for conducting pilot trials of ... ( read original story ...)
Hong Kong leader election postponed as city battles COVID surge
HONG KONG (Reuters) - The election of Hong Kong's chief executive, scheduled to be held in March, will be postponed to May as the Asian financial hub battles to control an accelerating surge in ... ( read original story ...)
Thousands flee to Mainland China as Hong Kong outbreak widens
(Bloomberg) -- Chinese residents in Hong Kong are racing to get back to the mainland to get away from the financial hub’s worsening Covid outbreak, posing a challenge for officials fearful of ... ( read original story ...)
HKMA instructs Hong Kong’s 165 banks to allow only vaccinated staff in branches and offices, stepping up government’s vaccine pass policy
The de facto central bank "strongly encourages" banks to admit only staff who have received at least one vaccine shot into their workplace, the Hong Kong Monetary Authority (HKMA) said. Banks have two ... ( read original story ...)
J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO
Ho Ching, wife of Singapore Prime Minister Lee Hsien Loong, executive director and CEO of Temasek ... [+] Holdings attends a press conference in Singapore on February 6, 2009. (ROSLAN RAHMAN/AFP via ... ( read original story ...)
Thousands flee to mainland China as Hong Kong Covid-19 outbreak widens
HONG KONG, Feb 18 (Bloomberg): Chinese residents in Hong Kong are racing to get back to the mainland to get away from the financial hub’s worsening Covid-19 outbreak, posing a challenge for officials ... ( read original story ...)
FWD moves closer to HK IPO
is planning to file a listing application to the Stock Exchange of Hong Kong as early as the end of February for an US$1bn–$2bn IPO, said people with knowledge of the matter. The listing is expected ... ( read original story ...)
Hong Kong foreign domestic workers ‘abandoned’ in virus crisis
Hong Kong's foreign domestic workers are being "abandoned" in the current coronavirus wave sweeping the city, with some forced to sleep rough or being denied treatment after testing positive, ... ( read original story ...)
BOC makes a quick return for $1bn deal
Bank of China via its Hong Kong branch made a quick return to the international bond market on Thursday to raise $1bn from a dual-tranche deal even as market conditions remained weak. The lender, ... ( read original story ...)
HSBC Shuts Floors at Main Building in Hong Kong and Bank Branches
HSBC Holding Plc shut four floors of its main office in Hong Kong and some branches on Friday after several staff tested positive for Covid. HSBC is closing the BL1, L3, L5 and L6 floors at it main ... ( read original story ...)
Hong Kong Stock Market Expected To Open Under Pressure On Friday
(RTTNews) - The Hong Kong stock market has climbed higher in consecutive trading ... Industrial and Commercial Bank of China collected 0.63 percent, Li Ning spiked 1.55 percent, Longfor dropped 0.77 ... ( read original story ...)
Hong Kong’s “Overriding Mission” As Covid Cases Surge 60 Times In A Month
Hong Kong has identified more than 20,000 hotel rooms for quarantine accommodation, leader Carrie Lam said on Friday, as property developers piled in to support the global financial hub's battle to ... ( read original story ...)
China Casts Long Shadow Over Hong Kong’s Once-Vibrant Crypto Industry
Hong Kong has been an epicenter of crypto throughout the asset class’s development, thanks to one of the world’s strongest finance ecosystems, a vibrant entrepreneurial spirit and proximity to, well, ... ( read original story ...)
‘It’s Like a Kick in the Teeth’: Norton Rose Hong Kong Partners React to Firm’s China-Centric Strategy
Norton Rose Fulbright’s Hong Kong office relies on a small group of capital markets partners. But where will the firm’s plans to focus almost entirely on China work and Mandarin speakers leave its ... ( read original story ...)