Hong Kong customs announced a record seizure on Friday (Oct 29) of luxury goods that were headed to mainland China on a river barge in the latest operation to target an explosion of cross-border ... ( read original story ...)
The dawn of China biopharma innovation
Chinese biopharma is making a mark on the global stage as the rapidly evolving regulatory landscape and maturing innovation ecosystem spur significant value creation. ( read original story ...)
HSBC Asset Management selects head of stewardship and engagement
Before joining HSBC AM, Ms. Chow was a member of the London School of Economics' investment committee. She also is on the board of the International Corporate Governance Network and is an honorary ... ( read original story ...)
Yellow submarined: did Hong Kong trade office pressure Australian cultural festival to drop umbrella display?
Workshop’s backer says it was told use of yellow umbrellas was not acceptable; trade office says programming decisions ‘made by organiser’. ( read original story ...)
Evergrande technically defaulted, forcing HSBC and other international banks to write off 197 billi
This could have serious implications for major international banks such as HSBC. According to their figures for the third quarter of 2021, Hong Kong's largest bank alone has extended loans totaling 19 ... ( read original story ...)
Hong Kong bank deposits grew 3.4 per cent in first nine months of 2021 as record fundraising from popular IPOs brought in capital
The amount of money deposited in Hong Kong’s banks jumped in the first nine months of this year as investors targeted a series of hotly-anticipated initial public offerings (IPOs) in the city, a trend ... ( read original story ...)
Alibaba-Backed Huitongda May Delay $1 Billion Hong Kong IPO
Huitongda Network Co., an e-commerce platform that serves rural China, is considering delaying its planned Hong Kong initial public offering to next year, according to people familiar with the matter. ( read original story ...)
Hong Kong police arrest 32 for selling their bank accounts to scammers who used them to launder US$1.2 million
Twelve domestic helpers were among the five men and 27 women arrested when police mounted an operation against cyber deception in Western district. ( read original story ...)
Hong Kong seizes record $154 mn in luxury goods headed to China
Hong Kong customs announced a record seizure on Friday of luxury goods that were headed to mainland China on a river barge in the latest operation to target an explosion of cross-border smuggling. ( read original story ...)
Is Hong Kong’s status as Asia’s financial capital at risk?
With the 2019 protests and imposition of the National Security Law, plus Covid-19 border closures, is Hong Kong's label as Asia's financial capital at risk? Katie Silver reports ... ( read original story ...)
Exclusive: Hong Kong’s PAG seeking to raise $9 billion with new buyout fund -sources
HONG KONG (Reuters) - Asia-focused investment firm ... when levels ranged between $150 million to $230 million. Yahoo Finance Video ... ( read original story ...)
Huobi Tech Discusses Virtual Asset Investments at Private Wealth Asia Forum in Hong Kong
HONG KONG, Oct. 29, 2021 /PRNewswire/ -- Huobi Technology ... according to a new report from McKinsey & Company. When addressing the question of whether alternative asset investments, including ... ( read original story ...)
Hong Kong Exits Top Three Global IPO Venues as China Clamps Down
with Hong Kong no exception. Thanks to the first six months, 2021’s IPO haul in the city is still the highest ever for this period. Activity, however, slowed sharply in the third quarter with just ... ( read original story ...)
EXCLUSIVE Hong Kong’s PAG seeking to raise $9 bln with new buyout fund -sources
financial and business services sectors. PAG is planning to list a merged entity of two Chinese industrial gases portfolio companies - Yingde Gases and Shanghai Baosteel Gases offshore, most likely in ... ( read original story ...)