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Category: FINANCE

Posted on 21/06/2021

Global banks in Hong Kong push to get staff back to office

A Citigroup spokesman said 75% of the bank's staff were in the workplace in Hong Kong. JPMorgan plans to reach 75% office occupancy in the coming weeks and Bank of America, which until recently had ... ( read original story ...)

Posted on 21/06/2021

HK’s Apple Daily Could ‘Shut Within Days’

Last Thursday, some 500 police officers raided the offices of Apple Daily in Hong Kong, saying its reports had breached the national security law. ( read original story ...)

Posted on 21/06/2021

Hong Kong’s pro-democracy newspaper Apple Daily could shut within days, top advisor says

Hong Kong authorities have frozen the assets of companies linked to Apple Daily. Its top executives and its founder have also been arrested. ( read original story ...)

Posted on 21/06/2021

Hong Kong stocks end lower after Fed’s surprise turn

Hong Kong stocks fell on Monday, largely in line with other Asian markets, as investors pondered the implications of the U.S. Federal Reserve’s surprise hawkish shift last week. ** At the close of ... ( read original story ...)

Posted on 21/06/2021

China, Hong Kong stocks fall after Fed’s surprise turn

China and Hong Kong stocks fell on Monday, tracking other Asian markets, as investors continued to ponder the implications of the U.S. Federal Reserve’s surprise hawkish shift last week. ** The CSI300 ... ( read original story ...)

Posted on 21/06/2021

EXCLUSIVE-HK’s Apple Daily to shut within days, says Jimmy Lai adviser

Hong Kong pro-democracy newspaper Apple Daily will be forced to shut "in a matter of days" after authorities froze the company's assets under a national security law, an adviser to jailed owner Jimmy ... ( read original story ...)

Posted on 21/06/2021

Hong Kong newspaper to shut within days: official

Hong Kong newspaper Apple Daily will be forced to shut “in a matter of days” after authorities froze the company’s assets under a national security law, an adviser to jailed owner Jim ... ( read original story ...)

Posted on 21/06/2021

The Rise and Fall of HK’s Apple Daily and Media Magnate Jimmy Lai

Police arrest five executives of Apple Daily, including chief editor Ryan Law and CEO Cheung Kim-hung. Hundreds of officers raid Next Media's headquarters and search its ... ( read original story ...)

Posted on 21/06/2021

Hong Kong police to boost computing power for new anti-money-laundering squad to help screen surge in suspicious financial transactions

Reports of suspicious transactions, including those with suspected links to money laundering or terrorist financing, rose 10.7 per cent to 57,130 last year. ( read original story ...)

Posted on 21/06/2021

Wealth Management Connect: Hong Kong lenders race for tie-up with mainland peers as China abandons rule on partnerships

Hong Kong lenders are racing to form multiparty tie-ups with mainland peers to prepare for the impending launch of the Wealth Management Connect scheme after China eased a one-to-one partnership in a ... ( read original story ...)

Posted on 21/06/2021

Hong Kong property stocks enjoy value revival as they hitch ride on economic rebound with foreign funds on the prowl

With shares of Hong Kong developers clocking their best performance in four years thanks to the economic revival and renewed interest in property sales, analysts see further upside potential for the ... ( read original story ...)

Posted on 21/06/2021

Chinese tech IPOs in US rebound after two-month lull

Chinese technology companies are flocking to New York for initial public offerings once again, reviving a record-setting flow that had slowed after a streak of weak openings amid shaky markets. Cargo ... ( read original story ...)

Posted on 21/06/2021

Hong Kong pro-democracy newspaper runs into financial trouble after editors arrested in crackdown

Hong Kong’s pro-democracy Apple Daily newspaper is running low on funds and can only continue operating as normal for a few more weeks, after authorities used a sweeping national security law to ... ( read original story ...)

Posted on 20/06/2021

HK’s role as financial hub gets stronger, seeks more mainland connectivity: Lam

Chief Executive Carrie Lam on Sunday brushed off foreign criticism and smearing of the city's financial industry, saying its role as a global financial hub has only become stronger. Lam's comments ... ( read original story ...)

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