Category: FINANCE

Jockey Club chief executive Winfried Engelbrecht-Bresges believes betting turnover on Sunday’s Sha Tin meeting suffered to the tune of “HK$60 or HK$70 million” because of Hong Kong’s banking ... ( read original story ...)

As Singapore moves to reopen after the pandemic, rival financial hub Hong Kong remains mired in restrictions that critics say are costing it business and talent, with Singapore a prime beneficiary. ( read original story ...)

Representatives from both banks apologise for inconvenience caused by technical issues, say all services have resumed HSBC, Hang Seng customers say banking apps out of service at 11.30am on Sunday, ... ( read original story ...)

Francis Fong, honorary president of Hong Kong Information Technology Federation, said he believes the incident was caused by the failure to resume normal banking operations after system maintenance. ( read original story ...)

Wang Xiaoshan, Lau Chung-hoi involved in scam to apply for three letters of credit from DBS Bank, with total value of transactions reaching HK$75 million. ( read original story ...)

Women could occupy nearly 50 per cent of the 2,000 new board seats at Hong Kong-listed firms over the next three years, says Meraki executive director Kirti Lad Companies need to proactively find and ... ( read original story ...)

Surprising 14 per cent rise appears to indicate the Covid-battered economy has rebounded, but a closer look at the details tells a different story The amount of tax received by the government is seen ... ( read original story ...)

Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of the initial ... ( read original story ...)

Zhong Yang Financial Group Limited (the “Company”) (NASDAQ: TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options ... ( read original story ...)

EV Maker Weltmeister Applies for Hong Kong IPO. Image Source: Visual China. BEIJING, June 2 (TMTPOST) — Chinese electric vehicle maker Weltmeister has submitted its ... ( read original story ...)

HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but ... ( read original story ...)

Local stocks took a breather as Meituan and Alibaba dragged tech stocks lower before a public holiday on Friday. Strong US economic data heightened concerns about more rate increases ahead. ( read original story ...)

Hong Kong’s revival of mandatory centralized quarantine for people linked to cases of new omicron sub-variants raises fresh concerns from the business community over the city’s reputation as a ... ( read original story ...)

Wunderman Thompson Hong Kong and HSBC One have partnered again following the success of their “Say Goodbye to Investment A0” campaign, to launch this digital-led campaign empowering young millennials. ( read original story ...)