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Posted on 25/05/2023

Hong Kong firms making progress in boosting work-life balance

The strong desire for flexibility, a key aspect in achieving work-life balance, also comes as many employers begin inviting back their staff to workplaces. In Hong Kong, only 36% of the respondents ...

Posted on 25/05/2023

Hong Kong throws open the doors to cryptocurrency even as debate rages on whether it’s a security or commodity

China banned cryptocurrency trading in 2021 and Hong Kong turned frosty on the industry as a result, even though it was home to several early cryptocurrency businesses, including the now-bankrupt FTX.

Posted on 25/05/2023

Capital Markets: Hong Kong poised to make strong recovery

Since its borders reopened in January, Hong Kong has been focused on re-establishing itself as a prominent business hub and a connector between mainland China and the global financial community. This ...

Posted on 25/05/2023

Hong Kong protesters withdraw from organ donor register over mainland transplants

Hong Kong police are investigating a high number of withdrawals from the organ donor register in what is suspected to be a protest over a proposed transplant programme with mainland China.

Posted on 24/05/2023

Hong Kong Office Market Driven by Upgrading User Demand in 2023

According to JLL's latest Hong Kong Property Market Monitor Report, Hong Kong's Grade A office market is mainly driven by upgrading demand following more new office completions this year.

Posted on 24/05/2023

Alibaba Cloud to cut 7 per cent of staff, sending thousands of workers packing ahead of planned IPO

Alibaba’s cloud division is downsizing as it prepares to go public amid economic headwinds that pushed revenue down 2 per cent in the first quarter.

Posted on 24/05/2023

Exclusive: HSBC puts global footprint under fresh scrutiny, considers dozen exits

HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery ...

Posted on 24/05/2023

Hong Kong’s Cryptocurrency Guidelines – Reinforcing Financial Hub Status Amidst Challenges

Hong Kong's cryptocurrency guidelines are attempting to restore the financial hub status of the region by becoming more progressive.

Posted on 24/05/2023

HSBC and 4 other banks broke UK competition law with bond-trading communications: regulator

"HSBC refutes the CMA's allegations," a spokesperson for HSBC, the largest of Hong Kong's three currency-issuing banks, said. "We will continue to make our case to the CMA as appropriate whilst we ...

Posted on 24/05/2023

Exclusive-Asia-Focused HSBC Puts 12 Countries on Exit Watchlist

HSBC is reviewing a possible exit from as many as 1 in 5 of the countries the lender operates in to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his ...

Posted on 24/05/2023

Hong Kong’s trade frenzy begins! Discover the potentially eligible tokens

Hong Kong has allowed retail investors to trade crypto under its new rulebook for the sector, accelerating efforts to develop a digital-asset center even as the industry and regulators clash in other ...

Posted on 24/05/2023

ByteDance founder Zhang Yiming to fund tech startups

Persons familiar with the matter told Jiemian News the fund will focus on investing in novel tech startups. In May 2021, Zhang stepped down as CEO of ByteDance and passed on the position to his old ...

Posted on 24/05/2023

‘Chinese Ethereum’ Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders

CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors.

Posted on 24/05/2023

Impact investing: profit-seeking ESG investments gain traction in Hong Kong as sustainability issues grab attention

Hong Kong can leverage its vibrant ecosystem for global family offices and asset owners and become a hub for impact investing, estimated at US$1.16 trillion globally, as sustainability awareness ...

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