The Hong Kong Stock Exchange has launched a consultation paper on proposals to create a listing framework for special purpose acquisition companies (SPACs) in Hong Kong. SPACs are shell company ... ( read original story ...)
Hong Kong Stock Market Ripe For Consolidation On Monday
The Hong Kong stock market has finished higher in two straight sessions, advancing more than 870 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 24,835-point plateau ... ( read original story ...)
Citibank HK’s ad with Leon Lai strikes a cord with target audience luring 39% growth
"The majority of our core customers are parents aged over 35 and 45 for Citigold and Citigold Private Client respectively. Lai was their hero when they were young and he has remained a very positive ... ( read original story ...)
US bank stocks may be too hot with earnings season nearing
Bank stocks have been one of the best trades of this year, and with third-quarter earnings set to kick off on Wednesday (Oct 13) analysts expect the industry to show continued strength. The question ... ( read original story ...)
Creating a vibrant startup ecosystem in Hong Kong
Compared with these places, Hong Kong’s 0.92% was really insignificant. Nurturing talents and startups requires a lot of investment. The Trade Development Council found that "sufficient sources of ... ( read original story ...)
Hong Kong’s Carrie Lam Says Any Covid Fatality Would Be Concern
Hong Kong Chief Executive Carrie Lam acknowledged travel restrictions could harm the city’s reputation as a global financial hub, but stressed that even a single fatality from Covid-19 would be a ... ( read original story ...)
Hong Kong ‘naturally’ suited to developing carbon trading products, can leverage Guangzhou exchange link, experts say
It was not too late for Hong Kong to develop carbon emissions futures products, as the market in mainland China was still in its nascent stages, and exchanges overseas did not cover carbon emissions ... ( read original story ...)
Hong Kong boasts of ‘record high’ number of companies based outside city even as figures show drop in foreign firms
Hong Kong has been fending off skeptics of its future as a regional commercial and financial hub since anti-government protests in 2019 and Beijing’s introduction of a draconian national security law. ( read original story ...)
Relocating from Hong Kong? Prepare to say goodbye to some of your things and hope they’re not the most treasured
Clothes, books, mementoes, a beloved poster – all gone after moving from Hong Kong to Spain. And the movers are too busy to check, thanks to business currently booming. ( read original story ...)
Tropical storm turns London-Hong Kong flight with British Airways into 36-hour on-board ordeal, forcing diversion to Manila
Coronavirus rules in the Philippines prohibited travellers from disembarking when No 8 typhoon signal in Hong Kong forced flight BA031’s diversion to Manila. ( read original story ...)
Hong Kong leader Carrie Lam suggests Housing Authority pay cash subsidies to residents on waiting lists to accelerate delivery of new homes
If you build estates slowly, you have to pay,’ Lam tells Housing Authority as part of proposal to ease Hong Kong’s shortage of homes. ( read original story ...)
Hong Kong Stages Impressive Intra-Day Rally
We knew from yesterday’s US price action today was apt to be an ugly day and that came to fruition with the exception of Hong Kong. ( read original story ...)
Hong Kong’s financial district can no longer be sole driver of growth, minister says
Not only will planned north metropolis along mainland China border add flexibility to urban planning, ‘dumbbell’ approach aligns with national goals, Paul Chan says ... ( read original story ...)
China Billionaire Guo Guangchang’s Fosun Adds German Private Bank To Global Network
A company controlled by one of China’s better-known billionaires has purchased a German private bank, adding to his international business footprint. Hauck & Aufhäuser, a subsidiary of ... ( read original story ...)