Financial Secretary Paul Chan attended a webinar today to update the American business community on Hong Kong's core strengths as an international financial centre, its active role in national ... ( read original story ...)
China Tourism Duty Free said to get green light for Hong Kong IPO
China Tourism Group Duty Free gets go-ahead to proceed with Hong Kong stock sale, which could reinvigorate the city’s IPO market. ( read original story ...)
Tech giants drag Hong Kong shares lower ahead of earnings
Hong Kong shares settled lower on Wednesday, weighed down by tech giants ahead of third-quarter earnings reports. ( read original story ...)
Former senior police officer faces up to 7 years in jail after defrauding HSBC and government over Hong Kong flat purchase
A former senior Hong Kong police officer who fraudulently obtained HK$6 million (US$770,400) in housing and mortgage loans for a luxury property faces up to seven years in jail after a judge found him ... ( read original story ...)
FedEx relocates pilots from Hong Kong over city quarantine rules
Global delivery giant FedEx said Wednesday it was closing its crew base in Hong Kong and relocating pilots overseas because of the city's strict anti-coronavirus measures, local media reported. ( read original story ...)
Goldman Sachs CEO says Hong Kong, China travel curbs to impact talent
Goldman Sachs CEO David Solomon said on Wednesday that he does not expect Hong Kong and China to ease their tight travel restrictions anytime soon and this posed a challenge for staff. "I think there ... ( read original story ...)
Hong Kong banks face deadlines to migrate US$205 billion of contracts tied to scandal-ridden Libor with no alternative rates in place
Hong Kong banks must step up efforts to migrate legacy contracts tied to the scandal-ridden London Interbank Offered Rate (Libor) benchmark as more than HK$1.6 trillion (US$205 billion) of assets, ... ( read original story ...)
‘After all it’s a very big bank’, Hong Kong exempts Jamie Dimon from quarantine
Hong Kongs leader on Tuesday defended allowing the head of JP Morgan Chase to skip a three-week Covid-19 quarantine imposed on most other visitors, saying he worked for a very big bank, Channel News A ... ( read original story ...)
Suspected Covid case closes Hong Kong Disneyland
Staff and visitors to Disneyland ordered to take tests as theme park is shut down due to one recent visitor testing preliminary positive for Covid-19. ( read original story ...)
Goldman CEO Calls China, Hong Kong Covid-19 Policies a ‘Headwind for Global Talent’
David Solomon said mainland China and Hong Kong’s strict border controls are creating staffing challenges as the region’s tight quarantine regime wears on foreign workers and businesses. ( read original story ...)
Tiananmen vigil leader invokes Gandhi at Hong Kong sentencing
A leading Hong Kong democracy activist facing jail invoked Mahatma Gandhi's civil disobedience campaign in court on Wednesday as he gave a defiant speech defending his decision to take part in a ... ( read original story ...)
NetEase’s Cloud Village restarts Hong Kong IPO
Online music streaming service Cloud Village has revived its Hong Kong listing, having put the deal on hold mid-summer as markets roiled amid Beijing’s crackdown on the technology sector. The ... ( read original story ...)
Chinese tech giant NetEase revives Hong Kong IPO of its music streaming arm
Cloud Village runs NetEase's music streaming business and the company says it has 185 million monthly active users. ( read original story ...)
China Roundup: NetEase’s music streaming app revives IPO plan, and more
Cloud Village, the music streaming unit of gaming firm NetEase, has resubmitted its initial public offering prospectus to the Hong Kong Stock Exchange, after it paused its listing process in August. ( read original story ...)