Apidays LIVE Hong Kong 2021, the biggest API-first virtual conference in Hong Kong, unveils the schedule & agenda today with the theme "API Ecosystem & ... ( read original story ...)
Hong Kong neobank ZA Bank launches early payday product
Users can get their monthly payroll up to seven days in advance, interest-free. Hong Kong virtual bank, ZA Bank, has launched Salary FastPass, an interest-free early payday product that allows users ... ( read original story ...)
HSBC acquiring Axa’s Insurance assets for $575M
HSBC or the Hongkong and Shanghai Banking Corporation Limited is buying Axa Singapores insurance assets for $575 million. The acquisition plan was revealed on Monday, Aug. 16. It was reported that ... ( read original story ...)
HK Raises Quarantine Time; New Zealand Local Case: Virus Update
Hong Kong will hike quarantine for medium-risk places to 14 days to curb the spread of the virus. Business groups in the city are already opposing measures announced on Monday that curbed travel.The U ... ( read original story ...)
Hong Kong’s consumption rebound led by wealthy stuck at home
The robust recovery in consumption has been driven by extravagant spending by Hong Kong's travel-loving rich, who have been forced to remain in the city. A man in his 40s who works for a law firm in ... ( read original story ...)
Sensex, Nifty Edge Lower; Banking, Auto Shares Underperform
The Indian equity benchmarks edged lower on Tuesday dragged by losses in banking, financial services, auto and metal shares amid weak trend in other Asian markets. The Sensex declined as much as 167 ... ( read original story ...)
Hong Kong Bourse Tipped To End Losing Streak
The Hong Kong stock market has finished lower in three straight sessions, sinking almost 480 points or 1.8 percent along the way. The Hang Seng Index now rests just above the 26,180-point plateau ... ( read original story ...)
China’s anti-sanctions law raises risks for global banks and financial firms in Hong Kong
New anti-sanctions law potentially raises risks for Hong Kong’s banks, insurers and asset managers as they bet big on growth in China, experts said. ( read original story ...)
Businesses in Hong Kong Slam Tightened Covid Travel Curbs
Business groups in Hong Kong reacted with dismay after the announcement of tightened travel curbs on Monday for residents returning from more than a dozen countries, including the U.S., France and ... ( read original story ...)
Hong Kong IPOs run dry amid concerns over China’s regulatory scrutiny
The global financial hub has seen only one initial public offering so far this month amid concerns over China's regulatory crackdown. ( read original story ...)
China or the US: Hong Kong firms could soon face difficult choice
A new anti-sanctions law threatens to punish foreign entities and individuals who comply with sanctions against China. The laws create new headaches for firms caught between the US and China as ... ( read original story ...)
Hong Kong Wealth Management – Market Sizing and Opportunities to 2025
Summary Affluent individuals (including HNW and mass affluent individuals) accounted for almost 57% of the total adult population and held almost 94% of the country’s total onshore liquid assets in ... ( read original story ...)
Hong Kong homebuyers’ loan payments to tumble as one-month Hibor flirts with record low
Hibor, at 0.064 per cent on Monday, was already at its lowest since January 2010, according to data provided by the Hong Kong Association of Banks. It was also a hair’s breadth away from the record ... ( read original story ...)
Amid HK turbulence, HSBC buys AXA Singapore for $575 mn to grow Asia wealth
The acquisition will give HSBC the eighth largest life insurer in Singapore, as well as a leading group health insurance firm, with assets of $474 million, according to a statement. ( read original story ...)