Exactly what policy support Hong Kong would receive is unclear, but there is huge potential for the issuance of yuan-denominated financial products, trade settlement and use of the digital yuan. ( read original story ...)
Hong Kong siblings arrested on suspicion of laundering HK$384 million through various channels, including cryptocurrency platform
Brother and sister found to have received more than HK$100 million from 380 different personal bank accounts of other people in nearly 2,500 transactions. ( read original story ...)
The five biggest factors that may influence Hong Kong home prices in the year ahead
Forecasts for price movement next year range from a drop of 2 per cent from Morgan Stanley to a rise of 10 per cent from Centaline Property Agency. ( read original story ...)
BOC Aviation Delivers Last Of Eight Airbus A320NEO Aircraft To IndiGo
BOC Aviation Limited ("BOC Aviation") is pleased to announce that it has delivered the last of eight Airbus A320NEO aircraft to InterGlobe Aviation Ltd. ("IndiGo") under a purchase-and-leaseback ... ( read original story ...)
Hong Kong Apple Daily founder and staff face new sedition charge
Hong Kong prosecutors on Tuesday filed a "seditious publications" charge against jailed media tycoon Jimmy Lai who already faces charges under a tough national security law that critics say has ... ( read original story ...)
Hong Kong Stock Market May See Additional Support
Ahead of Monday's holiday for Christmas, the The Hong Kong stock market had finished higher in four straight sessions, advancing more than 470 points or 2 percent along the way. The Hang Seng Index ... ( read original story ...)
Hong Kong residents lose HK$726 million in 2021 to phone scammers pretending to be mainland Chinese officials
Newly arrived mainland Chinese students were tricked by scammers accusing them of breaking the law across the border, while locals were targeted by fraudsters claiming ‘discrepancies’ in personal ... ( read original story ...)
HK’s confident of staying as a major global financial hub
Hong Kong has just regained the third spot in the latest Global Financial Centres Index published by London-based Z/Yen Group in September. Earlier, the Canada-based Fraser Institute again ranked Hong ... ( read original story ...)
Q&A Forum Zhihu Denies Reports of Hong Kong IPO
What’s new: Zhihu Inc., the Chinese question-and-answer forum, denied media reports that it was about to undertake a secondary listing in Hong Kong, saying the company had not heard the news. Citing ... ( read original story ...)
HSBC buys India L&T’s mutual fund arm
LONDON: HSBC Holdings Plc has said it will buy the investment management unit of India’s L&T Finance Holdings Ltd, the latest push to build up the Asian wealth and investment business that is at the ... ( read original story ...)
Insight – Record IPO binge in 2021 leaves investors hung over
INITIAL public offerings (IPOs) around the world raised a record US$594bil (RM2.5 trillion) in 2021, riding the coattails of stock market rallies, yet often disappointing investors with their ... ( read original story ...)
Incentives for remittances via banking channels expanded
In a bid to rein in plunging workers’ remittances via official channels, the Central Bank (CBSL) has decided to extend the incentive of additional Rs. 10 per dollar by a month whilst absorbing ... ( read original story ...)
Hong Kong has ‘golden window of development’, finance chief says, as he calls for input on coming budget
Paul Chan says the coronavirus pandemic is being effectively contained and the city’s economy is gradually recovering. ( read original story ...)
Finance chief to hear from new lawmakers on budget
Financial Secretary Paul Chan says he's planning to meet incoming lawmakers to gather their views on his budget, as he called on members of the ... ( read original story ...)