Category: FINANCE

Hong Kong financial regulators have published new guidance for intermediaries looking to offer virtual asset-linked products like exchange-traded funds (ETF) to investors. According to a circular ... ( read original story ...)

Bank of East Asia Ltd. said it has agreed to buy all the shares held by U.S. activist hedge fund Elliott Management Corp. for the equivalent of about $373 million, ending its long-running battle with ... ( read original story ...)

Regulators want only professional investors to be exposed to spot exchange-traded products linked to virtual assets ... ( read original story ...)

Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliot Investment Management's ... ( read original story ...)

Bhavish Agarwal-led which cab hailing service  Ola Cabs is raising close to $20 Mn (INR 150 Cr)  from Hong Kong-based Segantti Capital. ( read original story ...)

With thousands of people locked down in tiny apartments, government quarantine centres filling up and many businesses shuttered, Hong Kong is scrambling to sustain a zero-COVID policy that has turned ... ( read original story ...)

Bank of China (Hong Kong) has rolled out a video to celebrate the launch of a new digital lai see (red packet) function on the bank’s app and eWallet BoCPay, featuring singer Chantel Yiu and three ... ( read original story ...)

Chinese ride-hailing company Didi Global ( NYSE:DIDI) gets ready to IPO in Hong Kong. Motley Fool analyst Bill Mann analyzes that story, and others, and discusses the technological excellence of ... ( read original story ...)

Beijing rolls out a series of new measures to deepen integration of Shenzhen, Hong Kong and Macau by encouraging more cross border development of insurance, health care, tourism, aviation, education ... ( read original story ...)

Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority said on Thursday, the ... ( read original story ...)

GogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said. ( read original story ...)

Limited (OTCMKTS:BHKLY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $78.58 and last traded at $78.58, with a volume of 4201 shares trading hands. The stock ... ( read original story ...)

HSBC and its Hang Seng Bank unit will set aside HK$15 million (US$2 million) between them to pay their 30,000 employees a ceremonial lai see on the eve of the Year of the Tiger in the lunar calendar, ... ( read original story ...)

Hong Kong will cut quarantine for arriving travellers to 14 days from 21, starting from Feb 5, leader Carrie Lam said on Thursday (Jan 27), a move that follows intense lobbying from finance executives ... ( read original story ...)