Finalised data shows gross domestic product has risen slightly above expectations. Government economist paints optimistic full-year picture. ( read original story ...)
Hong Kong’s low jab rate threatens financial hub status
At the start of the coronavirus outbreak in January 2020, Hong Kong people were quick to respond, trying everything they could to keep the mysterious virus from mainland China at bay. They adopted ... ( read original story ...)
SoftBank and Temasek buy into JD Logistics IPO
JD Logistics plans to open its Hong Kong initial public offering for general orders as early as Monday, seeking to raise as much as $3.5 billion. SoftBank Vision Fund has agreed to buy $600 million of ... ( read original story ...)
JD Logistics $3.5 Billion IPO Draws SoftBank, Temasek
JD Logistics Inc. has attracted SoftBank Vision Fund and Temasek Holdings Pte as cornerstone investors in its Hong Kong initial public offering, people with knowledge of the matter said. ( read original story ...)
Hong Kong freezes listed shares of media tycoon Lai under security law
"at-above-post addthis_tool" data-url=" Twinnie Siu and Jessie Pang HONG KONG (Reuters) -Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares ... ( read original story ...)
Hong Kong freezes media tycoon Jimmy Lai’s assets
Hong Kong authorities on Friday announced they had frozen the assets of billionaire pro-democracy tycoon Jimmy Lai, including shares in his media publications, for breaching the city's national ... ( read original story ...)
Fitch Affirms Shanghai Commercial Bank at ‘A-‘; Outlook Stable
Fitch Ratings has affirmed Shanghai Commercial Bank Limited's (SCB) Long-Term Issuer Default Ratings (IDR) at 'A-'. ( read original story ...)
Fitch Places Chong Hing Bank’s Ratings on Watch Evolving
Fitch Ratings has placed Chong Hing Bank Limited's (CHB) Long-Term Issuer Default Rating (IDR) of 'BBB', Viability ... ( read original story ...)
Hong Kong Digital Bank livi selects Mastercard to offer BNPL product
The service provides an instant instalment option along with a virtual Mastercard debit card. The livi PayLater BNPL solution comes with automatic instalments and flexible repayment peu001friods ... ( read original story ...)
DBS Private Bank Offers Wealth Succession Planning for Cryptocurrencies
DBS Group said on Friday its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their succession plans. This is the ... ( read original story ...)
Alibaba records first quarterly operating loss since IPO
China’s largest e-commerce company Alibaba Group Holding on Thursday reported its first quarterly operating loss since it went public in 2014, after Beijing slapped a record $2.8 billion fine on the c ... ( read original story ...)
Coronavirus: most Hong Kong kindergartens plan tuition fees freeze next year despite financial strain of pandemic
Preschools have taken a financial hit from parents pulling their children out because of the health crisis, emigration. ( read original story ...)
Coronavirus: Hong Kong expects sixth straight day without untraceable local infection as first claims made on vaccine indemnity fund
A medical source said the city would record just three cases on Thursday, two imported and one linked to a previously established cluster. ( read original story ...)
Hong Kong’s exports, imports surge in Q1
The volume of Hong Kong's total goods exports and goods imports increased by 32 percent and 24.4 percent respectively in the first quarter of 2021 compared to the same period in 2020, the Hong Kong ... ( read original story ...)