Category: FINANCE

Hong Kong-listed shares of cruise operator Genting plunged more than 50% after it announced that it may not be able to pay its debts and other obligations. ( read original story ...)

A Hong Kong pro-democracy activist was rearrested on suspicion of making remarks endangering national security after being released on bail last year in a case in which he faces charges of "conspiracy ... ( read original story ...)

A ‘remarkable’ global dollar bond from Airport Authority Hong Kong raises the question of whether any member of the aviation sector should include a green tranche within its funding structure. ( read original story ...)

NEW YORK, NY / ACCESSWIRE / January 13, 2022 / Bank of China (SEHK:3988) released the Report on Global Asset Allocation Strate ... ( read original story ...)

Banking stocks are quietly rallying while technology companies grab the headlines, with market leaders like HSBC Holdings and Bank of China (Hong Kong) surging to multi-month highs in the opening days ... ( read original story ...)

The Hong Kong Monetary Authority has unveiled plans for a new regulatory regime, revealing ties with crypto hub Singapore. The de facto central bank would implement the regulation in stablecoins, ... ( read original story ...)

Meicai, a Chinese app that supplies farm-to-table produce for restaurants, is starting a new round of layoffs which will affect around 40% of the company’s workforce, Chinese media outlet iFeng ... ( read original story ...)

In North Point, 14 households ordered to leave Maple Gardens Phase Three after experts detect vertical transmission of virus Fears of a new Covid-19 cluster linked to a hotpot restaurant have surfaced ... ( read original story ...)

HSBC's Hong Kong subsidiary has hit a property development company with a lawsuit in London as the bank seeks to claw back more than $4.6 million it says it is owed from swaps and derivatives ... ( read original story ...)

Hong Kong’s banking regulator is looking hardest at payments-related stablecoins when it comes to regulating cryptocurrencies. ( read original story ...)

HSBC has arranged a trade facility for multinational garment manufacturing company Epic Group that it says is its first sustainability-linked trade finance transaction in Hong Kong. The proceeds will ... ( read original story ...)

HSBC has announced the appointment of Wei Mei Tan and Michael Wong within Investments & Wealth Solutions under Wealth & Personal Banking. Wei Mei Tan is appointed as Global and Asia Head of Advisory, ... ( read original story ...)

Fourteen households ordered to leave Maple Gardens Phase Three in North Point after inspection finds the coronavirus was spreading up through floors. ( read original story ...)

The Hong Kong Monetary Authority is seeking public views on rules that would license and supervise stablecoin activities like banks Usually pegged to the US dollar, the US$150 billion stablecoin ... ( read original story ...)