Hong Kong should use its edge to position itself as an offshore yuan centre, an ESG investment hub and a digital-asset trading centre, says One Country Two Systems Research Institute report Mainland ... ( read original story ...)
Hong Kong given IPO booster shot with China tech restart
Hong Kong’s IPO market is having a year-end revival as three listings hit the road, in what is set to be one of the first tests of investor demand for big deals in the city. NetEase’s music streaming ... ( read original story ...)
HSBC unveils new Wealth Centre imbued with sustainability, innovation and digital art
On top of a prime location that is within easy reach, sustainability, innovation and digital art are perfectly blended into the new wealth centre to bring high-net-worth clients a whole new experience ... ( read original story ...)
Hong Kong’s status as a global financial centre can withstand city’s quarantine rules, SFC chief says
'There will be no long-term impact on Hong Kong as international financial centre,' says SFC CEO Ashley Alder Alder, who is currently undergoing a 21-day quarantine after returning from the COP26 ... ( read original story ...)
Hong Kong: New listing regime in progress
IPO funds raised in Hong Kong reached HK$400 billion last year, up a cheering 27% over 2019. As of September, total funds raised through IPOs exceeded HK$280 billion. Consider, too, the role of ... ( read original story ...)
Morgan Stanley joins JPMorgan in paying bankers’ Hong Kong quarantine bills
Morgan Stanley and JPMorgan will compensate their Hong Kong-based employees for quarantine hotel expenses incurred in returning to the city from certain types of personal travel. As some countries ... ( read original story ...)
Asia-Pacific stocks mixed; Bank of Korea announces rate hike
The Bank of Korea on Thursday raised its policy rate to 1%, a move that was largely expected by analysts in a Reuters poll. ( read original story ...)
J.P. Morgan CEO Jamie Dimon Apologies After Joking That His Bank Will Outlast Chinese Communist Party
Sensing that it will be invite the ire of Chinese authorities , J.P. Morgan CEO Jamie Dimon apologised after joking that his financial behemoth will outlast Chinese Communist Part ... ( read original story ...)
{Block Trade}BOC HONG KONG: 4.06m shares, or HK$99.66m
ET Net News Agency, 25 November 2021] 2 direct manual trades of 4.06 million shares of BOC HONG KONG (02388) were registered at 11:30a.m. The deals amounted to HK$99.66m, or at HK$24.575 per share. ( read original story ...)
Qupital wants to finance more Chinese cross-border e-commerce merchants by tapping Hong Kong’s capital market
Hong Kong’s less stringent online lending rules vis-a-vis the mainland, and its mature financial market offer opportunities, Qupital’s CEO says. ( read original story ...)
Top Blockchain University: City University of Hong Kong
Ranked 14th, CityU partners with big names in accounting to create blockchain-based verification of academic credentials. ( read original story ...)
Hong Kong helpers increasingly targeted by money-laundering syndicates, police warn as education campaign kicks off
Arrests tied to money laundering have surged in the past year, with 34 domestic workers detained in a pair of June and July stings Helpers are typically lured with cash payments to turn over bank ... ( read original story ...)
Beijing Winter Olympics: Bank of China (Hong Kong) unveils special HK$20 notes to mark Games, with vertical design showing Great Wall against Victoria Harbour silhouette
City's finance chief Paul Chan says new design signifies Hongkongers' blessings and support for Games Applications to buy the banknotes will be accepted online or at any bank branch from December The ... ( read original story ...)
Wuhan Asia Heart Hospital Weighs Hong Kong IPO Next Year
Wuhan Asia Heart Hospital, a private health-care services group, is planning a Hong Kong initial public offering that could raise a few hundred million dollars, according to people familiar with the ... ( read original story ...)