Hong Kong stocks rose as the market reopened after a two-day pause, with BYD led Chinese carmakers higher on robust sales of electric vehicles in the mainland market. The Hang Seng Index climbed 0.8 ... ( read original story ...)
Bank of Communications (Hong Kong) Limited — Moody’s affirms Bank of Communications (Hong Kong)’s A2 deposit ratings; outlook changed to positive
Moody's affirms Bank of Communications (Hong Kong)'s A2 deposit ratings; outlook changed to positiveRead the full article at Moody's ... ( read original story ...)
China central bank says Evergrande debt woes are manageable
The spillover effect of China Evergrande Group's debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis at the ... ( read original story ...)
Hong Kong shares rise after strong earnings boost Wall Street
Hong Kong's main Hang Seng index finished higher on Friday after strong corporate earnings boosted U.S. shares, but investors were awaiting Chinese third-quarter economic data due Monday for clues to ... ( read original story ...)
Exclusive-Evergrande’s $1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources
Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)
Evergrande’s $1.7 bn Hong Kong headquarters sale flops as buyer pulls out: Report
Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)
Hong Kong audit watchdog investigating Evergrande’s 2020 accounts
Hong Kong’s audit regulator said on Friday it had launched an inquiry into China Evergrande Group’s accounts for the full year of 2020 and the first half of 2021 and an investigation of PwC’s audit of ... ( read original story ...)
Hong Kong Fund Manager One Heritage Group Expands Asia Footprint in Singapore
Fund Manager One Heritage Holdings Group ("The Group") has announced the opening of a new subsidiary in Singapore, as part of its strategy to strengthen its presence in South East Asia. One Heritage ... ( read original story ...)
Bangkok Bank and SAS counter money laundering with award-winning global solution
In a major advance of its anti-money laundering (AML) compliance program, Bangkok Bank Limited (BBL) has deployed a solution that integrates and consolidates AML processes across its 300 branches ... ( read original story ...)
Individual Hong Kong investors may be allowed to take financial stake in Northern Metropolis development, finance chief says
Financial Secretary Paul Chan says funding arrangements for transforming city’s border area with mainland China should be creative, tailor-made for each stage of development. ( read original story ...)
As Hong Kong explores how e-HKD can be used for shopping and dining in the city, here are some key facts on how digital currencies work
The HKMA could go ahead with e-HKD plans next year, bringing Hong Kong a step closer to becoming a cashless city. Here is what you need to know about the digital currency. ( read original story ...)
Hong Kong FinTech Hyphen Could Go Public With Provident SPAC
Hong Kong FinTech Hyphen Group is mulling a public offering via a merger with special purpose acquisition company (SPAC) Provident Acquisition Corp. ( read original story ...)
Hong Kong, Singapore Sevens confirmed in rejigged Series schedule for 2021-22 season
Hong Kong Sevens all set to return in April, with new events in France and Spain as Covid-19 restrictions continue to affect plans for the coming season. ( read original story ...)
Typhoon Kompasu Closes Hong Kong While Mainland Growth Stocks Rebound
Asian equities were largely higher with Japan off and Hong Kong unexpectedly closed due to Typhoon Kompasu hitting the island. ( read original story ...)