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Posted on 20/06/2023

Chinese Logistics Entrepreneur Becomes A Billionaire As His J&T Express Gears Up For Hong Kong IPO

Jet Li, who founded delivery firm J&T Express in Indonesia but is now expanding aggressively in his homeland China, has become a billionaire as the company prepares for an initial public offering in ...

Posted on 20/06/2023

Hong Kong retains crown as world’s most expensive city for expats, while Singapore jumps to second place: survey

Hong Kong is the most expensive city for workers living overseas according to a recent survey by a global consulting firm, with Singapore coming in at second place.

Posted on 20/06/2023

Hong Kong Dollar One-Month Rate Climbs to Highest Since 2007

The cost for banks to borrow Hong Kong dollars from each other for a month rose to the highest level since 2007 after prolonged currency intervention shrank the city’s liquidity pool and demand for ...

Posted on 20/06/2023

Hong Kong must embrace Middle East capital, mainland China culture, to bolster role as international financial centre

Amid US-China tensions, government 'urgently' needs a Middle East strategy, chairperson of the Chamber of Hong Kong Listed Companies says Finance sector must be boldly 'capitalistic' and also hang on ...

Posted on 20/06/2023

Hong Kong’s role as bridge between China and world ‘clearer, more essential’ amid rising geopolitical tensions, experts say at Post forum

Hong Kong 2023 point to trends in finance sector and technology as well as tertiary education Panel agrees that if Hong Kong aspires to ride Greater Bay Area development, it should prioritise flow of ...

Posted on 20/06/2023

Misleading Home Office advice leaves Hong Kong protester fearing deportation from UK

Student who took part in anti-Beijing protests is in legal limbo after withdrawing her asylum claim to make a visa application that was then rejected ...

Posted on 20/06/2023

DBS survey: 93% of Hong Kong SMEs acknowledge the importance of digitalisation but 57% see funding as a major challenge

HONG KONG SAR - Media Outreach - 20 June 2023 - DBS Hong Kong's new survey with the city's small and medium enterprises (SMEs) reveals 93% of the community believes digitalisation is important to ...

Posted on 20/06/2023

Hong Kong, Shanghai lead Asia losses as China rate cut falls flat

Stocks in Hong Kong and Shanghai led losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart ...

Posted on 20/06/2023

Jimmy Lai may yet outlast Hong Kong’s evil regime

Is it even possible? It looks grim. Just ask imprisoned freedom supporter Jimmy Lai. Using COVID as an excuse, the mainland Chinese government rolled in and rolled back ...

Posted on 20/06/2023

Hong Kong’s MTR Corporation suspends some rail services on Island line after safety system seals train doors

MTR Corporation says trains at Wan Chai station were halted, later adding that services were ‘gradually resuming’.

Posted on 20/06/2023

Carlyle-backed Chinese laboratory chain Adicon goes ahead with US$52 million Hong Kong IPO on third attempt

Adicon Clinical Laboratories, a mainland Chinese laboratory chain backed by Carlyle Group, is seeking to raise HK$409 million (US$52 million) from an initial public offering (IPO) in Hong Kong, ...

Posted on 20/06/2023

Hong Kong stock exchange debuts yuan-denominated shares as China speeds up push to internationalize its currency and replace the U.S. dollar

(Hong Kong, unlike China, has an open financial market with a freely-convertible local currency.) Yet Aguzin shared another benefit to HKEx’s new program: That it would “continue helping on the ...

Posted on 20/06/2023

BitValue Capital Drives Hong Kong’s Web3 Development: Fostering Innovation and Supporting Startups in the Global Hub of Finance and Technology

Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation. In this international and open environment, an ...

Posted on 20/06/2023

Hong Kong stock exchange’s yuan stock trading debut gets lukewarm trade volume

The 24 companies that debuted the yuan-denominated stock trading scheme in Hong Kong attracted a small fraction of their stocks' trading volume on Monday, as interest in using the new currency option ...

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