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Category: FINANCE

Posted on 04/03/2021

HSBC’s taipan steps up with proposal to help Hong Kong’s youth study, find jobs or start businesses in Greater Bay Area

The proposal by Wong, the top executive of the largest of Hong Kong’s three currency issuers, underscores how the GBA could present a viable option for the city’s youth, where the unemployment rate ... ( read original story ...)

Posted on 04/03/2021

Hong Kong financial secretary on Bond Connect, taxes and US-China relations

Financial Secretary Paul Chan Mo-po shared his thoughts on Hong Kong's plans for a bond connect scheme with markets on the Chinese mainland. Mr Chan also discussed taxation and the growing wealth gap ... ( read original story ...)

Posted on 04/03/2021

Hong Kong Financial Secretary Paul Chan hits out at the Heritage Foundation

Hong Kong Financial Secretary Paul Chan, spoke about Hong Kong disappearing from the Heritage Foundation's "world’s freest economies" rankings after the Washington-based think tank removed the city ... ( read original story ...)

Posted on 04/03/2021

Hong Kong minister blasts city’s disappearance from ‘world’s freest economies’ rankings, as compilers list the financial hub under China for first time

Hong Kong's financial chief has hit out at a Washington-based think tank for removing the city from an annual league table ranking the world's freest economies, saying the decision was "clouded by ... ( read original story ...)

Posted on 04/03/2021

Hong Kong’s regulators consider taking some sizzle out of world’s hottest IPO market, cracking down on China’s debut punters

A number of policies under consideration by Hong Kong’s financial regulators may take some of the sizzle and exuberance out of one of the world’s busiest destinations for initial public offerings ... ( read original story ...)

Posted on 04/03/2021

Hong Kong Rugby Sevens to Resume in 2021 as Virus Cases Ease

One of Hong Kong’s biggest social events, the Rugby Sevens, is poised to return this year amid growing expectations that life will gradually return to normal in the coming months. The event, part of ... ( read original story ...)

Posted on 04/03/2021

UPDATE 1-Hong Kong dropped from Economic Freedom Index as policies ‘controlled from Beijing’

Hong Kong has been excluded from the Heritage Foundation's Index of Economic Freedom because its economic policies are controlled from Beijing, the Washington-based think tank said, removing Hong Kong ... ( read original story ...)

Posted on 04/03/2021

Hong Kong axed from economic freedom index after years at top spot, now ranked 107th as part of China

Hong Kong is now counted as part of China and has been excluded from a US think tank’s economic freedom index. The Heritage Foundation scrapped the city’s 2021 listing saying that its economic ... ( read original story ...)

Posted on 04/03/2021

Hong Kong Dumped From Economic Freedom List It Had Dominated

A year ago, a top official predicted Singapore would soon return to the spot it had held for 25 straight years. ( read original story ...)

Posted on 04/03/2021

Hong Kong businessman and poker player Stanley Choi backs AirAsia’s recovery from Covid-19 crisis with HK$400 million investment

Hong Kong businessman and poker player Stanley Choi Chiu-fai has backed AirAsia Group to be a front runner in the airline industry’s recovery from the Covid-19 crisis by investing HK$400 million ... ( read original story ...)

Posted on 04/03/2021

Hong Kong Sevens to return in November after two consecutive years of postponements and cancellations

World Rugby Sevens announces ‘condensed’ 2021 Series as organisers reiterate health and safety of players, staff and the wider community is ‘the top priority’ ... ( read original story ...)

Posted on 04/03/2021

Hong Kong soars nearly 3% as Asia-Pacific markets rise

The Caixin/Markit services Purchasing Managers' Index came in at 51.5 for February, a decline from January's reading of 52. ( read original story ...)

Posted on 04/03/2021

Hong Kong stocks climb by most in six weeks as traders shake off bubble talks, markets turn to China for policy direction

Hong Kong stocks rebounded from a sell-off sparked by concerns about asset-bubble risks as traders assessed policy outlook before the most important political gathering in Beijing later this week. The ... ( read original story ...)

Posted on 03/03/2021

Hong Kong IPO pipeline swells as Chinese companies rush to list

New stock listings in Hong Kong have had their best start to a year ever and the pace is set to accelerate with $28 billion of anticipated share sales already lined up. The city is attracting growing ... ( read original story ...)

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