Babel Finance's latest funding round comes as the crypto market is struggling to recover from the spectacular collapse of TerraUSD and Luna. ( read original story ...)
Tiger Global-Backed YSB Is Said to Seek $300 Million in H.K. IPO
Pharmaceutical sales platform YSB Inc. is looking to raise about $300 million in its Hong Kong initial public offering, according to people familiar with the matter.Most Read from BloombergPlot to ... ( read original story ...)
Hong Kong, Macau police arrest 22 over money-laundering syndicate behind HK$2.2 billion in suspected crime proceeds
HK$84 million linked to 32 cases of deception, including 15 phone scams, six investment frauds and five internet love swindles. ( read original story ...)
Hong Kong’s Legco complex expansion project could be capped at HK$1.56 billion after request for 33 per cent more than estimate, says official
After grilling the official for two hours, Legco's public works subcommittee agreed that the funding request would be passed to the Finance Committee for further discussion next month. Do you have ... ( read original story ...)
Police officer to be suspended for allegedly taking upskirt video of woman in Hong Kong’s financial district
Suspect, 28, accused of taking mobile phone video of woman on Pedder Street footbridge, according to police Online photo shows five plain-clothes officers pinning off-duty constable on ground, with ... ( read original story ...)
Regulatory clarity is key feature of Hong Kong as fintech hub: fintech association
HONG KONG ― Deregulation is often cited as the key to spurring innovation and the growth of markets. But the latest Terra-triggered cryptocurrency crash is shedding light on the importance of having a ... ( read original story ...)
Clifford Chance advises Bank of China (Hong Kong) and HSBC on world’s largest retail green bond issuance
Leading international law firm Clifford Chance has advised Bank of China (Hong Kong) and HSBC as joint lead managers on the issuance of Hong Kong SAR Government's inaugural retail green bonds under ... ( read original story ...)
HSBC launches new campaign to support the community and spread positivity via Grey HK
HSBC has always been committed to supporting the Hong Kong (HK) community. As the epidemic's fifth wave gradually subsided, HSBC announced the "Branching Out Our Support" campaign. Designated branches ... ( read original story ...)
Green bonds the way to go for safer future in Hong Kong
With Hong Kong set to become a premier green finance hub, such financial instruments not only provide steady income, but also capital to help protect the environment With stocks and bonds falling ... ( read original story ...)
Hong Kong stocks waver as China asks lenders to support property sector while tech slide persists on earnings risk
HSBC jumped 3.3 per cent to HK$51.05 while ICBC added 0.9 per cent to HK$4.68. Top officials at the People’s Bank of China met with major lenders this week to review credit flows in the system, the ... ( read original story ...)
One-Trick Pony Boan Biotech Files for Hong Kong IPO Into Tough Market
Boan Biotechnology sells only one product so far and is facing stiff competition from other similar drugs Luye Pharma bought Boan in 2020 and is taking it ... ( read original story ...)
Hong Kong Catholic cardinal criticises China deal after national security arrest
Hong Kong's Cardinal Joseph Zen - in his first public remarks since he was arrested in a national security case earlier this month - on Tuesday criticised the Vatican for its "unwise" deal with China ... ( read original story ...)
Climate risks could cut profits at HSBC, Standard Chartered and other banks by 15 per cent, Bank of England says
Hong Kong is the largest market for HSBC and Standard Chartered, which are based in London with the Bank of England as their chief regulator. The stress test used three scenarios to examine the ... ( read original story ...)
Arrested Catholic cardinal denies charges amid Hong Kong’s crackdown on dissent
The former leader of Hong Kong's Roman Catholics and five others have denied charges related to a fund aimed at helping antigovernment protesters. ( read original story ...)