The switch to a digital platform will save the 4.5 million Mandatory Provident Fund members as much as US$5.14 billion over 10 years, MPFA’s Lau says. ( read original story ...)
Hong Kong sixtysomethings seek Canadian student visas
A record number of Hong Kong residents obtained permits to study in Canada this year as China continued its crackdown on the territory ... ( read original story ...)
JD.com, NetEase to Get Hong Kong Liquidity Boost From MSCI Shift
MSCI Inc.’s decision to start tracking internet giants JD.com Inc. and NetEase Inc. via their Hong Kong shares rather than American Depositary Receipts may reinforce a gradual shift in liquidity away ... ( read original story ...)
Hong Kong – the ideal family office hub for Asian families
Asia has seen the fastest family wealth accumulation in the world. According to Knight Frank’s Wealth Report 2021, Asia will see the fastest growth in ultra-high-net-worth individuals (UHNWIs) over ... ( read original story ...)
Uber eyes slice of Hong Kong minibus market, but industry leader dismisses idea as ‘totally unrealistic’
Uber is considering forging a partnership with Hong Kong's minibus operators, despite its ride-hailing business still being illegal in the city. In an exclusive interview with the Post, Estyn Chung, ... ( read original story ...)
Hong Kong men win Asia Rugby Sevens Series title, women seal third after dazzling Dubai weekend
Men secure win over South Korea to claim top seeding for 2022 Hangzhou Asian Games, while women impress against Kazakhstan to secure third seeding. ( read original story ...)
Hong Kong Regulators Probing Rusal Demerger Plan, FT Says
Hong Kong stock market regulators are examining plans by Russian aluminum producer United Co. Rusal International PJSC to spin off its high-carbon smelters and refiners into a Moscow-listed entity, ... ( read original story ...)
Hong Kong’s audit watchdog to start announcing investigations of ‘high public interest’, chairman says
The Financial Reporting Council previously only announced the results of its investigations, but has in recent months made the public aware that it was initiating probes into the financial reports and ... ( read original story ...)
Hong Kong targets its 3,000-strong wild boar problem after police officer is attacked
Hong Kong has launched a cull of its booming wild boar population because the animals threaten public safety, say authorities. ( read original story ...)
How to survive quarantine: people with multiple stints behind them offer tips – and opinions on the rights and wrongs of spending 21 days alone in a Hong Kong hotel room
It is a truth that any article on Hong Kong and Covid-19 must include the line, "some of the toughest quarantine regulations in the world". But are they in fact the toughest? Is anywhere any stricter ... ( read original story ...)
Hong Kong government looks to green bonds sale in yuan as way of consolidating city’s role as global offshore hub for RMB
Financial Secretary Paul Chan says move will consolidate city’s role as global offshore hub for RMB, and as green financial centre. ( read original story ...)
Why do so many firms seeking growth in China overlook a Hong Kong listing?
After sharp contractions, many economies are bouncing back from Covid-19. Growth is now expected to stabilise, with mature markets returning to pre-pandemic levels. However, China stands out when it ... ( read original story ...)
Weibo files for Hong Kong secondary listing, as China’s answer to Twitter joins march by Chinese stocks to list nearer home
Weibo filed a draft prospectus with the Hong Kong stock exchange on Thursday, as China’s leading microblogging platform seeks a secondary listing to raise capital to expand its content offering and ... ( read original story ...)
Hong Kong Fintech Startup Airwallex Raises Another Nine Figures In Funding
Airwallex, a fintech startup headquartered in Hong Kong, has raised $100 million in a funding round—just two months after it raised $200 million from investors including Lone Pine Capital, 1835i ... ( read original story ...)