Secretary for Financial Services and the Treasury Christopher Hui Ching-yu says funding will keep government afloat in the interim. ( read original story ...)
Hong Kong’s flagship bank HSBC heads into The Sandbox metaverse
HSBC, a leading global banking and financial services provider, announced a partnership with blockchain gaming platform The Sandbox, in a statement released on Wednesday, to build its presence in the ... ( read original story ...)
Hong Kong Running Out of Coffins as Xi Jinping Clings to Zero-COVID Policy
Carrie Lam, chief executive of the Hong Kong Special Administrative Region, said during a Wednesday press conference that the region is suffering shortages of supplies such as coffins due to China's ... ( read original story ...)
Hong Kong can take advantage of any ‘mass delisting’ of Chinese firms in US, Financial Secretary Paul Chan says
If Chinese firms chose Hong Kong as a listing venue to hedge against the risk of being delisted from US exchanges, the city could capture ‘at least 90 per cent’ of their market capitalisation, Chan ... ( read original story ...)
Wed. 9:48 a.m.: Pandemic postcard: COVID outbreak leaves Hong Kong in limbo
As a COVID-19 outbreak overwhelms Hong Kong, it’s hard for its 7.4 million residents to know what’s next. Uncertainty is the only certainty as store shelves are stripped of goods, mainland Chinese ... ( read original story ...)
Hong Kong Sevens: rugby chiefs ‘thrilled’ to put on event in November, as government plans to host 100 business leaders
Tournament postponed five times during pandemic, but Finance Secretary says it will take place in November as part of plan to revive city’s reputation as international business hub. ( read original story ...)
Coronavirus: Hong Kong set to run out of coffins within days
Hong Kong is running out of coffins as it fights a devastating surge in coronavirus deaths.Kwok Hoi-bong, president of the city’s Funeral Business Association, ... ( read original story ...)
Hong Kong’s Hang Seng Index recovers lost ground with record gain amid financial stability pledge
Hong Kong's Hang Seng Index closed 9.08 percent higher on Wednesday to ascend to 20,087.5 points after hitting a new low in nearly a decade, as the authorities reassured investors that the financial ... ( read original story ...)
Hong Kong can take advantage of ‘mass delisting’ of Chinese firms in US, Financial Secretary Paul Chan says
Hong Kong could capture 'at least 90 per cent' of delisted Chinese firms' market capitalisation, Chan tells Post seminar Several New York-listed Chinese companies have been tipped for secondary ... ( read original story ...)
Hong Kong stocks leap as Alibaba, Tencent, and Meituan rocket over 20% after China pledges to keep markets stable
Stocks in Hong Kong and China leaped on Wednesday after Beijing vowed to keep capital markets stable and said it supported foreign listings. Chinese Vice Premier Liu He promised policies that would ... ( read original story ...)
Global shares rise, Hong Kong up on Chinese economic support
Global shares rose Wednesday, led by a 9% surge in Hong Kong’s benchmark after Chinese leaders promised more support for the slowing Chinese economy, while investors awaited the outcome of a meeting ... ( read original story ...)
How much corruption is there at UBS Bank (in Hong Kong)
I have been a wealth management client of UBS bank in Hong Kong for many years. However, my experience with the wealth and portfolio managers of the bank that were handling my account was very bad. ( read original story ...)
Hong Kong’s Adrian Cheng Backs Web3 Future With More Investments In Crypto And Blockchain Firms
Adrian Cheng, CEO of Hong Kong real estate giant New World Development, has added crypto custody provider Hex Trust and blockchain infrastructure developer ConsenSys to his investment portfolio, ... ( read original story ...)
Pandemic postcard: COVID outbreak leaves Hong Kong in limbo
As a COVID-19 outbreak overwhelms Hong Kong, it’s hard for its 7.4 million residents to know what’s next. Uncertainty is the only certainty as store shelves are stripped of goods, mainland Chinese ... ( read original story ...)