Category: FINANCE

Hong Kong’s eight virtual banks all lost money last year, with a combined pretax loss of HK$2.4 billion ($309 million), according to a report published Tuesday. Standard Chartered-backed Mox Bank ... ( read original story ...)

Hong Kong’s government expanded the scope of a quarantine waiver programme in May allowing senior executives from the financial industry and listed companies to conduct business upon arrival in the ... ( read original story ...)

Shares of Angelalign Technology nearly tripled in price in the debut of China's version of Invisalign in Hong Kong on Wednesday, a performance that may put to rest concerns the city's IPO market was ... ( read original story ...)

The market for flexible working space is picking up again in Hong Kong after the initial slump brought by tough social-distancing rules during the early months of the coronavirus pandemic. ( read original story ...)

WeLab Bank to offer Apple Pay option to clients across Hong Kong. The new payment option is safe, secure, convenient. ( read original story ...)

Senior global bankers hoping to skip Hong Kong’s stringent quarantine regime will need to wait as concerns about imported Covid cases ratchet up. ( read original story ...)

The Hong Kong stock market turned lower again on Tuesday, one session after ending the seven-day losing streak in which it had ... ( read original story ...)

HSBC Holdings Plc was raised to buy by Citigroup Inc. because of the European bank’s “under appreciated” wealth business in Asia, a region that leads the world in minting billionaires. ( read original story ...)

Nomura has chosen Refinitv, a financial market solution provider, to support wealth management in Singapore, Hong Kong. ( read original story ...)

Commerce secretary Edward Yau tells conference attendees city actively looking for ‘leeway’ in ways to loosen rules for those with two jabs, pointing to existing ‘vaccine bubble’ as example. ( read original story ...)

The compiler of Hong Kong's benchmark stock index aims to launch more indices to track the performance of shares in the Greater Bay Area, according to its chief executive. New indices would also focus ... ( read original story ...)

The Hong Kong Monetary Authority has set up a working group "to study the technology and regulatory issues related to an e-Hong Kong dollar", said Eddie Yue Wai-man, the authority's chief executive, ... ( read original story ...)

The banking sector remained resilient in 2020, with continued growth seen in its overall balance sheet despite a challenging year for the overall economy, with low interest rates weighing heavily on ... ( read original story ...)

The top building material solution provider in the country set to leverage HSBC’s innovative digital payments platform ... ( read original story ...)