Billionaire investor Bill Ackman said he's betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest big money manager to take a public short bet as U.S. rate ...
Fighting an exodus, Hong Kong faces a tough task to lure back young people
New visas and other measures aim to entice people after 140,000 workers fled Hong Kong amid a security crackdown ...
Bill Ackman bets Hong Kong dollar peg can break
Billionaire investor Bill Ackman said he's betting the Hong Kong dollar can fall and said it's matter of time before its peg to the U.S. dollar breaks.
HSBC recognised as ‘market leader’ for best service by Euromoney
The Hongkong and Shanghai Banking Corporation (HSBC) has been voted “Market Leader in Bangladesh” for the 13th time and to have provided the “Best Service in Bangladesh” for 5 years in a row at a ...
Pressure on the Hong Kong Dollar Peg Keeps Building
The social and economic costs of maintaining the currency’s link to the greenback may be getting too great to continue bearing.
Generali appoints CEO of Hong Kong business
She joined the Generali Group in 2016 in Hong Kong as head of financial lines and underwriting, Asia for the Global Corporate & Commercial (GC&C) business. In 2018, she relocated to Milan for the role ...
Hong Kong’s Top-Ranked Innovative Companies Announced At Corporate Innovation Index Awards Presentation And Forum 2022
Tuan and CUHK Business School's Dean Professor Zhou Lin. Representatives from the top 20 CII Constituent Companies awarded the CII Awards 2022 Certificates. In response to the Hong Kong government's ...
Fashion tycoon who dreamed of building China’s LVMH set to lose prime Hong Kong property worth US$64 million: sources
A receiver has appointed Savills to sell the entire 23rd floor of Bank of America Tower in Central and three parking spaces The property was bought in 2018 by a company controlled by Qiu Yafu and ...
Star-Backed MedSci Healthcare Takes New Stab at IPO
MedSci Healthcare has filed a second application for a Hong Kong IPO less than a month after its original application expired Tencent invested 300 million yuan in the company last year, raising its ...
Pang Pang Xiang aims for IPO, hoping for better result than MissFresh, Dingdong
The company hopes to reverse the fortune of other China-based food-delivery companies, including Missfresh and Dingdong Maicai, which have seen their valuations plummet after going public. It remains ...
KaiOS, the feature phone platform startup, raises a modest $3.4M to train its sights on growth in Africa
A convertible note from an impact investor out of Finland is giving the startup another crack at growth, this time in Africa.
Hong Kong virtual lender ZA Bank and UK’s Wise in online money transfer tie-up
ZA Bank, which is backed by ZhongAn Online P&C Insurance and Sinolink Group, is one of eight virtual banks launched in 2020. It had 600,000 users in Hong Kong as of end June. The city's virtual ...
UPDATE 1-China markets end higher on fresh property support, HK tracks Wall St gains
China stocks traded in a tight range and ended higher on Wednesday, helped by the latest round of property financing support policies, including the central bank's 200 billion loans.
U.S. audit team’s early departure from Hong Kong is a good sign, strategist says
Andy Maynard of China Renaissance says it’s nevertheless unlikely to affect the medium-term outlook for investors.