Didi Global Inc. has begun preparations to withdraw from U.S. stock exchanges and will start work on a Hong Kong share sale, a stunning reversal as it yields to demands from Chinese regulators that ... ( read original story ...)
Can Hong Kong Keep Its SPAC Envy at Bay?
Just a few weeks ago, Hong Kong seemed to cast a longing eye at blank-check companies. But is it a real craving? The Asian financial center may simply want to minimize the regret it would feel — and ... ( read original story ...)
Chinese securities regulator in discussions over VIEs with Hong Kong watchdog, financial firms
As part of the discussions – described as a series of soft consultations – the China Securities Regulatory Commission has over the past few months met the city’s Securities and Futures Commission as ... ( read original story ...)
400,000 sets of stolen payment card details from Hong Kong offered for sale on dark web, cybersecurity study finds
Hong Kong has third highest number of stolen credit, debit card details up for sale of 140 places analysed, according to cybersecurity firm. ( read original story ...)
Report: Singapore surpasses Hong Kong to become Asia’s most expensive city to live in
A new report has revealed that living in Singapore has just become even pricier than living in Hong Kong, making it the most expensive Asian city to reside in. A place for the wealthy: The “Worldwide ... ( read original story ...)
Hong Kong: Inbound control measures tightened
With regard to Hong Kong residents who have stayed in such countries within 21 days, they can only board a flight for Hong Kong if they have been fully vaccinated and hold a recognised vaccination ... ( read original story ...)
Coronavirus: Hong Kong health code compatible with mainland China and Macau’s to launch next week as border reopening comes into sight
Registration for new health code set to open on December 10, Secretary for Innovation and Technology Alfred Sit says. ( read original story ...)
Issuers rush out with Hong Kong IPOs before year-end
However, deals are being downsized, while friends and family investors are being called in to help get them done ... ( read original story ...)
HSBC chief warns post-Brexit fragmentation could raise costs
HSBC Noel Quinn says there is a risk of higher costs for banks and their clients if Brexit leads to a more fragmented European market. The European Central Bank ha ... ( read original story ...)
Real-name registration for HK health code to start Dec. 10; border may reopen by Christmas
Amid eager anticipation, online registration in the real-name system for the Hong Kong health code will start on December 10, officials of the Hong Kong Special Administrative Region (HKSAR) told a ... ( read original story ...)
Hong Kong’s largest business lobby predicts further growth in 2022 but warns of Omicron risks to economy
General Chamber of Commerce forecasts 2.8 per cent expansion next year after 6.3 per cent this year but says emerging Omicron variant could suppress recovery in tourism and hospitality industries. ( read original story ...)
Hong Kong police arrest 14 people in crackdown on HK$300 million money-laundering gang
Sun Yee On triad members are among those detained over money-laundering allegations, as police freeze about HK$70 million in bank accounts. ( read original story ...)
Hong Kong launches China-style tracking app for mainland travel
Hong Kongers travelling to China will need to download a tracking app similar to those used on the mainland, local officials said Thursday as they try to meet Beijing's strict coronavirus demands. ( read original story ...)
Hong Kong’s departing residents withdrew $334 million in pension funds in Q3
Hong Kong residents leaving the city for good withdrew a total of HK$2.604 billion ($334 million) from their Mandatory Provident Fund (MPF) pension accounts in the third quarter of 2021, up 52.8% from ... ( read original story ...)