Category: FINANCE

Hong Kong Monetary Authority is shifting focus from shepherding financial innovation with the launch of the eight virtual banks last year towards chivvying digital laggards among the city's small and ... ( read original story ...)

Hong Kong's bankers are working around the clock as the region's companies rush to go public. Companies are trying to "get the deal done as soon as they can", said Stephanie Tang, head of private ... ( read original story ...)

The United States has today deployed sanctions against 24 Chinese and Hong Kong officials for undermining Hong Kong's ability to govern itself and elect its own government. It's the first direct ... ( read original story ...)

A pandemic-induced hunger for technology stocks and the threat of US delistings have been a boon for the financial hub during a difficult political stretch, driving a surge in initial and secondary ... ( read original story ...)

Lam said in a television interview in November last year that the sanctions meant she receives her salary in cash and has “piles of cash” at home because she was cut off from banking services in Hong ... ( read original story ...)

The Hong Kong stock market has finished higher in two straight sessions, gathering almost 290 points or 0.8 percent along the way. The Hang Seng Index now rests just above the 29,025-point plateau ... ( read original story ...)

A spokeswoman for HSBC declined to comment. The Hong Kong Economic Journal reported the closure earlier. The bank’s iconic main building in Hong Kong is located at 1 Queen’s Road Central. A ... ( read original story ...)

Hong Kong’s bankers are working around the clock as the region’s companies rush to go public. Initial public offerings in the city have already hit almost $11 billion, a close to 500% jump from a year ... ( read original story ...)

Families in Asia's financial hub of Hong Kong are suffering isolation and trauma after strict coronavirus rules have led to babies being separated from parents and those with newborns herded into tiny ... ( read original story ...)

HSBC Holdings Plc’s main office in Hong Kong has been closed until further notice after three people working in the building tested positive for Covid-19. ( read original story ...)

Regulators in Hong Kong and the Chinese mainland are reportedly working to enhance financial connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area by rolling out three policies by the end of ... ( read original story ...)

European health ministers are discussing the future of AstraZeneca Plc’s Covid-19 vaccine as a growing list of countries suspended its use to examine side effects. ( read original story ...)

HONG KONG (Reuters) - Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a ... ( read original story ...)

While Hong Kong SAR saw a modest decline in the number of M&A deals for 2020, the total deal value rose overall compared to 2019, thanks to a solid recovery in the second half of the year. There has ... ( read original story ...)