How do you think COVID-19 has impacted the financial sector? How will impact the financial sector in the long run? On the other hand, COVID-19 has brought about financial difficulties amongst ... ( read original story ...)
Four Hong Kong men arrested while attempting to flee to Taiwan
One of the four was shot in the chest by a police officer during 2019 protests ... ( read original story ...)
Chinese homebuyers refuse to pay mortgages on unfinished apartments
Desperate homebuyers across dozens of cities are refusing to pay mortgages on unfinished homes, according to state media reports and economists at international banks. In China, real estate firms are ... ( read original story ...)
Chinese homebuyers call ‘mortgage strike’ over unfinished projects
An unfinished housing project in Hubei Province's Huangshi City. Tens of thousands of home buyers across Chinese say they will refuse to pay their mortgages until developers compl ... ( read original story ...)
Hong Kong to ‘spare no effort’, sets stage for tenfold increase in homes to be built
Hong Kong’s government will sell more land in its fiscal second quarter, increasing the number of homes that can be built on the land tenfold, after the new administration of Chief Executive John Lee ... ( read original story ...)
Hong Kong grandmother who waved Union Jack at anti-China protest jailed for seven months
A grandmother who waved a Union Jack at pro-democracy demonstrations in Hong Kong three years ago in protest at Chinese rule has been sentenced to more than s ... ( read original story ...)
TMF GROUP: Hong Kong the fourth simplest jurisdiction to invest in globally. Indonesia and China in position to attract more foreign investments
According to the 2022's research, Hong Kong is one of the easiest jurisdictions to set up a business globally. Indonesia and China are near to the top of the rankings due to a high level of complexity ... ( read original story ...)
Hong Kong police say 4 protesters arrested after year on the run
Hong Kong police said on Thursday they had arrested four men, wanted on charges stemming from mass pro-democracy protests in 2019, who had gone into hiding for over a year. ( read original story ...)
China property protests threaten to dent $220 billion of banks’ mortgage loans
Chinese banks are set to take a hit to asset quality from mortgage business as growing numbers of homebuyers threaten to stop loan repayments to protest against unfinished apartments, analysts said. ( read original story ...)
China property crisis enters dangerous next phase
China’s property crisis is leaping out of the frying pan and into the fire. Homebuyers in 22 cities are refusing to make mortgage payments on unfinished homes, Citigroup reports. The rare protest ... ( read original story ...)
Hong Kong’s Hang Seng falls while Asia markets trade higher; Singapore tightens monetary policy
Hong Kong's Hang Seng index slipped while Asia-Pacific markets traded higher on Thursday. The Monetary Authority of Singapore tightened monetary policy in an off-cycle move Thursday. Taiwan's ... ( read original story ...)
CICC appoints new investment banking head – sources
China International Capital Corp Ltd (CICC) has appointed veteran dealmaker Wang Shuguang to lead its investment banking business, said two people with knowledge of the matter.The appointment, ... ( read original story ...)
China-Hong Kong Swap Connect: What Does it Mean For Foreign Investors?
In this article, we explain what Swap Connect is, how it will work, and the potential impact it will have on offshore investors. ( read original story ...)
Awards for Excellence 2022: Best bank in Hong Kong – DBS Bank
For the first time in many years, Hong Kong has a new winner. Singapore-based it may be, but DBS Bank’s financials alone justify it securing this award – one that tends to usually go to a larger ... ( read original story ...)