Two more Hong Kong universities removed on Friday public monuments to the 1989 Tiananmen protests in Beijing, following the dismantling of a sculpture commemorating victims of the crackdown at another ... ( read original story ...)
HSBC to Buy L&T Investment, Boosts Wealth Franchise in Asia
As part of the efforts to expand its wealth management business in Asia, HSBC Holdings plc ’s HSBC indirect wholly-owned subsidiary HSBC Asset Management (India) Private Ltd has agreed to acquire L&T ... ( read original story ...)
State-owned bad bank China Cinda to buy 20 per cent stake in Ant Group’s consumer credit vehicle
A Chinese state-owned asset management company said on Friday that it will spend 6 billion yuan (US$930 million) to buy a 20 per cent equity stake in the consumer credit unit of Ant Group. ( read original story ...)
Hong Kong ‘thieves in the night’ tear down more Tiananmen Square memorials
Universities in Hong Kong have been condemned for acting like “thieves in the night” after taking down more Tiananmen Square memorials. The Chinese University of Hong Kong tore down the Goddess of Dem ... ( read original story ...)
Tech Startup Bloom Partners with Visa to Offer Spending Rewards to Hong Kong Clients
Bloom unveiled a collaboration with Visa in order to provide extra spending rewards for Visa card users residing in Hong Kong. ( read original story ...)
Mainland China, Hong Kong bourses add ETFs to stock connect schemes
The Shanghai Stock Exchange (SSE) said on Friday it had reached an agreement with bourses in Shenzhen and Hong Kong, as well as with China Securities Depository and Clearing Corp, to include ... ( read original story ...)
Sculptor of dismantled Tiananmen statue says damage symbolic of Hong Kong struggle
The sculptor of a statue commemorating the victims of China's 1989 Tiananmen Square crackdown said on Friday that its removal from a Hong Kong university was "brutal" but any damage would be symbolic ... ( read original story ...)
Hong Kong’s pension scheme heads for first loss since 2018, prompting fund managers to seek wider investment scope
The Mandatory Provident Fund is on course to report its first loss since 2018 due to a slump in the Hong Kong and mainland equity markets. ( read original story ...)
Should US Get Tougher on China Over Hong Kong or Use Other Approach?
Some US-based Hong Kong observers say US should act against China after city’s election sets back democracy, but others say that would not help ... ( read original story ...)
Hong Kong Billionaire Li Ka-Shing’s CK Asset To Sell Aircraft-Leasing Businesses For $4.3 Billion To Carlyle
Covid-19 has caused a paradigm shift in the aircraft leasing sector," the Hong Kong property developer said in a filing to the Hong Kong stock exchange. ( read original story ...)
Li Ka-shing to exit jet-leasing business in $4.3bn deal
Hong Kong tycoon Li Ka-shing and his son Victor have agreed to sell the jet-leasing business built up over the last seven years to an investment vehicle managed by private equity company Carlyle Group ... ( read original story ...)
A Nightlong Vigil on a Muddy, Rainy Hilltop to Capture Hong Kong’s Change
It was close to midnight when Reuters photojournalist Tyrone Siu spotted chatter among students in an online forum that a statue seen as a symbol of Hong Kong's freedoms was being covered up by ... ( read original story ...)
Enormous potential for cat bonds in Greater Bay Area: Hong Kong’s Carrie Lam
Carrie Lam, Chief Executive of the Government of Hong Kong, sees "enormous potential" for catastrophe bonds and insurance-linked securities (ILS) to ... ( read original story ...)
HSBC buys L&T’s investment management unit for Rs 3,200 crore
Overall, India is one of the bank’s largest markets and its made just over Rs 75,11 crore in the country in 2020, making it the lender’s third largest Asian profit center after Hong Kong and mainland ... ( read original story ...)