A Hong-Kong based crypto-lender has suspended withdrawals amid a wide-scale downfall in the market. Babel Finance said it is 'facing unusual liquidity' in a statement on its website. Babel are the ... ( read original story ...)
Babel Finance suspends withdrawals as crypto markets slump
Hong Kong-based Babel Finance temporarily suspended the withdrawals and redemption of crypto assets on Friday, as the crypto lender scrambles to pay its clients after the recent slump in the digital ... ( read original story ...)
What to Expect as Hong Kong Begins a New Chapter?
Hong Kong has remained the world’s freest economy over the past 25 years. In the global talent competitiveness ranking in 2021 by Swiss business school IMD, Hong Kong tops all Asian economies. The ... ( read original story ...)
Qianhai’s Optimized Business Environment Better Supports Hong Kong Women Entrepreneurs
On June 15, an event themed "Chinese with the Same Root; Carnival of Shenzhen-Hong Kong Hand-in-hand" was held in Qianhai, South China's Guangdong ... ( read original story ...)
China’s Tianqi secures approval for $1bn IPO in Hong Kong
Chinese mining firm Tianqi Lithium has received approval from the Hong Kong stock exchange for its proposed listing in the city. ( read original story ...)
Chinese fintech giant Ant closer to reviving iPO
China’s central bank has accepted an application by Ant Group to set up a financial holding company, a key step toward finishing a year-long overhaul of Alibaba founder Jack Ma’s fintech business and ... ( read original story ...)
Russia’s No.2 bourse SPB to offer Hong Kong shares, host IPO
IPO activity gained pace in Russia in 2021 and at least 10 firms had been planning listings in 2022 before Feb. 24 when Moscow despatched troops in Ukraine, triggering Western sanctions that have hurt ... ( read original story ...)
Exclusive-China’s Central Bank Accepts Ant’s Application for Financial Holding Company Sources
HONG KONG (Reuters) -China's central bank has accepted Ant Group's application to set up a financial holding company, three people with knowledge of the matter said, a key step in finishing a year ... ( read original story ...)
Hong Kong’s Greater Bay Airlines to launch first scheduled commercial flight to Bangkok in July
Hong Kong-based carrier Greater Bay Airlines (GBA) is set to launch its first scheduled commercial flight to Bangkok next month, with the company delaying fleet expansion amid continued border control ... ( read original story ...)
Five ways Hong Kong can prepare for a possible financial sector gold rush
The city stands to benefit from China opening up its economy and the pivot of certain Chinese companies from New York to Hong Kong However, with much potential for capital inflows, Hong Kong must get ... ( read original story ...)
Hong Kong Jobless Rate Declines In May
(RTTNews) - Hong Kong's unemployment and underemployment declined in March to May period, the labor force statistics from the Census and Statistics Department showed on Friday. The unemployment ... ( read original story ...)
EXPLAINER: Why is China denying Hong Kong was a UK colony?
Hong Kong is preparing to introduce new middle school textbooks that will deny the Chinese territory was ever a British colony. China's Communist rulers say the semi-autonomous city and the nearby ... ( read original story ...)
BREAKING: Hong Kong tweaks Covid rules, two weeks ahead of July 1 celebrations
Hong Kong is tweaking Covid-19 rules again, two weeks ahead of a rumoured visit by China’s Xi Jinping for the July 1 Handover anniversary celebrations. Chief Executive Carrie Lam said the risk of ... ( read original story ...)
Coronavirus: Hong Kong ‘set to ramp up’ anti-pandemic bid amid surge in cases; crackdown on nightlife sector under way over new RAT rule
Hong Kong’s leader is set to ramp up anti-pandemic efforts in the city to tackle a recent surge in coronavirus cases, according to government sources. Chief Executive Carrie Lam Cheng Yuet-ngor was ... ( read original story ...)