Category: FINANCE

JPMorgan has told Hong Kong staff it will pay up to $5,000 back in compensation for their quarantine stay when they return to the city if they want to visit loved ones from 1 December to 22 November. ( read original story ...)

JPMorgan Chase & Co is offering to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay for personal trips, a memo from the Wall Street bank to employees seen by ... ( read original story ...)

MUFG Bank has hired Cerlin Ip as head of global corporate banking for Hong Kong, a newly created position. Ip will be based in Hong Kong and report to Tony Lee, who joined in 2019 as head of global ... ( read original story ...)

Sia Partners has today announced the Asia results of its annual mobile banking benchmark. The survey shows Mox Bank, DBS SGP and Livi Bank standing out as regional leaders, though overall a gap ... ( read original story ...)

The Hong Kong stock market has finished lower in seven straight sessions, sinking tumbling more than 670 points or 2.8 percent along the way. The Hang Seng Index now rests just beneath the ... ( read original story ...)

Our world, amid the pandemic, is fraught with economic uncertainty, but our technology is advancing at an unprecedented pace. To secure Hong Kong’s status as an international financial centre, we ... ( read original story ...)

Hong Kong stock market regulators are examining plans by Russian aluminum producer United Co. Rusal International PJSC to spin off its high-carbon smelters and refiners into a Moscow-listed entity, ... ( read original story ...)

Weibo filed a draft prospectus with the Hong Kong stock exchange on Thursday, as China’s leading microblogging platform seeks a secondary listing to raise capital to expand its content offering and ... ( read original story ...)

Hong Kong's status as a major financial hub is in jeopardy as banks find it harder to recruit and retain talent amidst severe restrictions ... ( read original story ...)

Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China and UBS, a combined HKUS$44.2 million (US$5.67 million) for breaches of anti-money ... ( read original story ...)

China’s biggest artificial intelligence firm SenseTime Group Inc. received approval from the Hong Kong stock exchange for its initial public offering that could raise at least $1 billion, according to ... ( read original story ...)

The Hang Seng Index will broaden its coverage to 64 firms starting December 6, although it is still unlikely to meet its goal of reaching 80 constituent stocks by mid-2022. ( read original story ...)

Hong Kong's banking regulator has fined four banks, including local units of Industrial and Commercial Bank of China and UBS , a combined HK$44.2 million ($5.67 million) for breaches of anti-money ... ( read original story ...)

Secretary for Commerce & Economic Development Edward Yau attended a webinar today assuring participants that Hong Kong’s business environment remains favourable and vibrant. At a webinar of the 2021 ... ( read original story ...)