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Category: FINANCE

Posted on 17/06/2021

Hong Kong police arrest executives, seize documents from Jimmy Lai’s Apple Daily

It was the first time under China's national security law that journalistic materials have been seized and that media articles have allegedly broken the law. ( read original story ...)

Posted on 17/06/2021

Hong Kong Apple Daily newsroom raided by 500 national security police

The raid by 500 officers was the latest blow to media tycoon Jimmy Lai, the tabloid's owner and a staunch Beijing critic. ( read original story ...)

Posted on 17/06/2021

HK tycoon Jimmy Lai’s Apple Daily newsroom raided by 500 national security police

Five hundred Hong Kong police officers sifted through reporters’ computers and notebooks at pro-democracy tabloid Apple Daily on Thursday, the first case in which authorities have cited media articles ... ( read original story ...)

Posted on 17/06/2021

HK police arrest Apple Daily executives, seize reporting materials in national security law raid

Hong Kong police arrested five executives of the pro-democracy Apple Daily newspaper on Thursday, and for the first time under a new national security law had a warrant to seize journalistic materials ... ( read original story ...)

Posted on 17/06/2021

Billionaire Richard Li’s FWD Files For $3 Billion IPO In U.S.

FWD, the Asian insurer backed by Hong Kong billionaire Richard Li, has filed confidentially for an initial public offering in the U.S. ( read original story ...)

Posted on 17/06/2021

Hong Kong’s cheques are heading for the dust heap of history even if branches remain in the age of virtual banks

Cheques are likely to be relegated to the dust heap of history, becoming a relic of traditional banking in Hong Kong as a new generation of customers embrace the convenience of instantaneous, ... ( read original story ...)

Posted on 17/06/2021

Pandemic sparks surge in Hong Kong ‘devil’s breath’ cash druggings

Hours were missing alongside HK$80,000 ($10,300) -- taken in six separate transactions from nearby ATMs. "It was a joint account with my missus and we have a baby on the way," the 36-year-old Brit, ... ( read original story ...)

Posted on 17/06/2021

HKEX contributes to Hong Kong’s status as int’l financial hub: HKSAR chief executive

Hong Kong Exchanges and Clearing Limited (HKEX) has contributed significantly to Hong Kong's status as a premier fund-raising center and an international financial capital, Carrie Lam, chief executive ... ( read original story ...)

Posted on 17/06/2021

Step Finance Dashboard Aggregating Solana Decentralized Exchanges

Step Finance has become the first dashboard to aggregate data from across all of Solana’s decentralized exchanges (DEX). ( read original story ...)

Posted on 17/06/2021

Hong Kong’s e-dollar study in spotlight as city’s US dollar peg remains strong

Hong Kong’s de facto central bank has set up a working group to study ‘legal and regulatory issues’ related to an e-Hong Kong dollar. ( read original story ...)

Posted on 17/06/2021

Choksi siphoned off Rs 6,345 crore PNB loan through Hong Kong firms: CBI

Choksi was running a "circular trade" with companies propped up by him as pearl suppliers in Hong Kong, through which he had managed to siphon off over Rs 6,345 crore borrowed from PNB, CBI alleged ... ( read original story ...)

Posted on 17/06/2021

Hong Kong stock exchange must expand reforms to allow SPACs and smaller companies to raise funds, experts say

Hong Kong stock exchange must undertake more reforms to attract SPACs and tweak rules to make it easier for small firms to list in the city, market experts tell China Conference organised by the Post. ( read original story ...)

Posted on 17/06/2021

Choksi siphoned off Rs 6,345 crore PNB loan through Hong Kong firms controlled by him: CBI

The CBI has alleged that Choksi made his employees directors of Shanyao Gong Si Limited and 4C's Diamond Distributors and Crown Aim, based in Hong Kong, and was controlling them. ( read original story ...)

Posted on 16/06/2021

Hong Kong with its China-centric securities market has a big role to play in shaping global sustainability reporting standards, regulator tells China Conference

Hong Kong has an immensely important role in global green finance, but its success hinges on shaping and rapidly adopting international sustainability reporting standards. Regulators across the world ... ( read original story ...)

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