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Posted on 13/12/2023

Hong Kong professionals should expect salaries to remain static next year, Robert Walters survey finds

Hong Kong professionals should expect salaries to remain static in 2024, with 81 per cent of employers saying increments will be below 6 per cent, according to Robert Walters Group.

Posted on 13/12/2023

JPMorgan (JPM) to Outsource Hong Kong, Taiwan Custody Business

Amid the rising cost-income ratio, JPMorgan (JPM) is considering outsourcing its custodian business in Hong Kong and Taiwan to another bank.

Posted on 13/12/2023

Son of jailed Hong Kong media mogul Jimmy Lai lobbies UK foreign secretary for his release

The son of jailed Hong Kong media mogul and pro-democracy activist Jimmy Lai will meet with Britain’s foreign secretary on Tuesday to lobby for the U.K.' ...

Posted on 13/12/2023

China-made C919 lands in Hong Kong in maiden flight outside mainland, viewed as future Boeing competitor

Two Chinese-made passenger aircraft – the C919 and the ARJ21 – landed in Hong Kong on Tuesday, marking a significant milestone in China's aviation goals to compete with the West.

Posted on 12/12/2023

JPMorgan to outsource $500B custody business in Hong Kong, Taiwan

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with ...

Posted on 12/12/2023

Chinese billionaire Wang Jianlin loses control of Hong Kong IPO candidate in deal to avert US$5.3 billion crunch

Chinese billionaire Wang Jianlin will relinquish control of his key shopping-mall management unit under a deal with investors just in time to avoid a 38 billion yuan (US$5.3 billion) redemption before ...

Posted on 12/12/2023

Hong Kong leads Asia markets higher ahead of Fed’s final meeting of 2023

Asian investors will also be watching Japan's corporate inflation rate, which is expected to have slowed to 0.1% from 0.8% in October.

Posted on 12/12/2023

JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with ...

Posted on 12/12/2023

More than 1 in 10 Hongkongers think it is a ‘good time’ to buy property, second highest level of optimism on record, Citi survey shows

A Citi Hong Kong survey found that 13 per cent of the respondents think it is the ideal time to buy a home, down from 16 per cent in September 2022 The survey, of 1,100 respondents, also found that ...

Posted on 12/12/2023

NSE Set to Overtake Hong Kong in Market Cap, Becoming World’s Seventh-Largest Trading Venue: Report

In October, the NSE reported a market capitalisation of $3.7 trillion, compared to Hong Kong's $3.9 trillion, reported Financial Times. While Hong Kong grapples with liquidity issues, India is ...

Posted on 12/12/2023

Hong Kong – Proposal To Enhance The Deposit Protection Scheme To Be Implemented By Early 2025.

Hong Kong - Proposal To Enhance The Deposit Protection Scheme To Be Implemented By Early 2025. Legal News and Analysis - Hong Kong - Banking & Finance - ...

Posted on 12/12/2023

Hong Kong – HKMA’s Supervisory Policy Manual (SPM): CR-S-4 “New Share Subscription And Share Margin Financing”.

CR-S-4 “New Share Subscription And Share Margin Financing”. Legal News and Analysis - Hong Kong - Banking & Finance, Regulatory & Compliance - ...

Posted on 12/12/2023

Hong Kong’s Archireef partners with First Abu Dhabi Bank to restore marine ecosystems in the Middle East

Hong Kong marine tech start-up Archireef will partner with the Middle East’s biggest bank, First Abu Dhabi Bank (FAB), to deploy terracotta tiles that will help restore the degraded reef ecosystem off ...

Posted on 12/12/2023

Hong Kong sends ‘humiliating’ message to Chinese leadership with record low election turnout

Analysis: Just 27.5% of voters turned out for Sunday’s election, down from 71% in 2019. Experts and activists tell Shweta Sharma the people of Hong Kong are speaking out against recent autocratic refo ...

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