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McKinsey Cuts Hundreds From China Workforce – MSN
Over the past two years, McKinsey’s workforce in Greater China, which includes Hong Kong and Taiwan, has shrunk by hundreds of employees, people familiar with the matter said.
Use Burner Phones in Hong Kong, 2 Accounting Giants Tell Workers: Report – Business Insider
KPMG and Deloitte advised workers to use burner phones in Hong Kong, The Financial Times reported. McKinsey consultants were also reportedly told to not use their personal phones in the region.
US consulate condemns Hong Kong’s govt Independence Day celebrations repression
The U.S. consulate in Hong Kong has condemned the city’s government for what it is calling the repression of U.S. Independence Day celebrations ...
Hang Seng Bank, Hong Kong’s Fourth Largest, Is a Listed Subsidiary of HSBC – Morningstar
Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.
Hong Kong family office VMS Group makes first foray into cryptocurrency
With about US$4 billion in assets under management, VMS plans to allocate up to US$10 million to strategies run by hedge fund Re7 Capital.
Hong Kong drink maker Vitasoy’s profit doubles to US$30 million on China demand
“We are confident that the company’s business will continue to optimise and grow in the long term,” Winston Lo, executive chairman, said at a media briefing following the earnings release. The company ...
Hong Kong Family Office VMS to Allocate Up to $10M to First Crypto Play: Bloomberg
VMS Group, a Hong Kong family office with just under $4 billion in assets under management (AUM), is venturing into crypto for the first time, Bloomberg reported on Monday. The firm has earmarked up ...
US consulate condemns Hong Kong’s government for ‘repression’ of Independence Day celebrations
The U.S. consulate in Hong Kong has condemned the city’s government for what it is calling the repression of U.S. Independence Day celebrations.
A $4 Billion Hong Kong Family Office Makes First Crypto Foray
A money manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favorable regulations attract a wider array of investors to the digital-asset sector.
Hong Kong needs to attract more international companies: HKEX’s Chui
Johnson Chui, Head of Global Issuer Services at Hong Kong Exchanges and Clearing, talks about recent renewed interest in Hong Kong as a market, as it attracts a wave of foreign investors and IPOs. He ...
HK’s property market is stable, says Paul Chan
Financial Secretary Paul Chan says Hong Kong's property market is stable despite a protracted decline in prices, as interest rates are expected to ...
Zhejiang Sanhua Stumbles in Hong Kong Debut
Shares of Zhejiang Sanhua Intelligent Controls fell as much as 8.1%, after the Chinese maker of refrigeration components raised $1.2 billion in its Hong Kong offering.
Asia markets rise after Trump announces tentative Israel-Iran ceasefire; Hong Kong leads gains
Asia stock markets rise on Tuesday supported by tentative ceasefire talks between Iran and Israel announced by US President Donald Trump, to end the twelve-day conflict, set to begin late Monday, with ...