HSBC’s plans cut against a broader streamlining of its global banking and markets arm, whose risk-weighted assets have been steadily reduced and shifted from the U.S. to the U.K. and Hong Kong as part ... ( read original story ...)
Covid-19 outbreaks test Hong Kong’s quarantine policy, financial hub status
Its system of quarantine is under tremendous pressure as infections spread like wildfire. . Read more at straitstimes.com. ( read original story ...)
Covid live: Hong Kong daily cases nearly double in new wave; Poland could lift restrictions in March
Hong Kong battles rise as it brings in toughest pandemic measures to date; Polish health minister says Omicron infections dropping ... ( read original story ...)
Hong Kong’s Hang Seng index leads gains as Asia markets rise; SoftBank Group shares soar almost 6%
Shares in Asia-Pacific rose on Wednesday. The Hang Seng index in Hong Kong soared 2.06% to close at 24,829 as Chinese tech stocks bounced back from their Tuesday losses. Shares of SoftBank Group ... ( read original story ...)
Asian markets surged; Hong Kong’s Hang Seng index outperform
Asian market on Wednesday trading in the green with Hong Kong leading gains. The Hang Seng index climbed over 1.9% as Chinese tech stocks bounced back from their Tuesday losses. South Korea’s Kospi ... ( read original story ...)
Hong Kong’s daily COVID-19 infections surge to record
An elderly man who returned a positive test for COVID-19 in Hong Kong died on Tuesday, the city's Hospital Authority said, the city's first death potentially linked with the virus in five months as it ... ( read original story ...)
Hong Kong’s young journalists decry the ‘death of free press’
Journalists broadly decried the “death of free press” in Hong Kong, whose vibrant media scene — at least 15 newspaper titles with a mix of political leanings and more than four news channels for a ... ( read original story ...)
Coronavirus: Indicaid’s rapid test kit production to rise fivefold as Phase Scientific goes into overdrive amid Hong Kong’s fifth Covid-19 wave
... the entire population The Home Affairs Department bought 300,000 kits from the firm ahead of the Lunar New Year Hong Kong biotech start-up Phase Scientific International (PSI) aims to raise its ... ( read original story ...)
Covid live: Hong Kong sees ‘first virus-linked death’ in five months; UK to hire 15,000 workers for pandemic backlog
Hong Kong sees first potential death from Covid for five months as outbreak worsens; NHS waiting list in England at record 6 million and growing ... ( read original story ...)
Deja vu in Hong Kong as virus restrictions spark panic buying
Shoppers thronged Hong Kong's markets fearing a shortage of food Wednesday, familiar scenes in a city that is back under gruelling Covid restrictions in contrast to much of the world. ( read original story ...)
Logistics start-up GoGoX steps up Hong Kong IPO plan with investor education process after receiving HKEX approval
GoGoX, an Asian app-based logistics services provider, has started an investor education process for its initial public offering, according to a source familiar with the transaction. The IPO is ... ( read original story ...)
China’s unicorns tap US$240 billion in private-market funding as they face IPO freeze
Start-ups in Asia are hoping potential private backers will continue to focus on the opportunities for patient capital. ( read original story ...)
BOC Hong Kong (OTCMKTS:BHKLY) Upgraded to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of BOC Hong Kong (OTCMKTS:BHKLY) from a strong sell rating to a hold rating in a research note published on Tuesday, Zacks.com reports. According to Zacks ... ( read original story ...)
Hong Kong shares end higher on Alibaba rebound
SHANGHAI — Hong Kong shares tracked a global rally to finish higher on Wednesday, with index heavyweight Alibaba leading a surge in tech firms. We apologize, but this video has failed to load. Try ... ( read original story ...)