The Hang Seng finished sharply lower on Wednesday following losses across the board - especially from the technology stocks, casinos and oil companies. For the day, the index plummeted 579.24 points ... ( read original story ...)
SBI Group subsidiary BYFIN launches 1st multi-industry “SBI-BANCO Deep-Tier Supply Chain Finance Platform” with RootAnt
Backed by SBI Group, SBI-BANCO is the first blockchain-oriented end-to-end "Deep-Tier Supply Chain Finance Platform" that has been successfully launched in APAC, enabling access to financing for SMEs ... ( read original story ...)
Banking and Financial Services Careers Throughout Hong Kong – 2021
Financial crimes are on the up and financial institutions are reacting to this by expanding their teams in both anti-money laundering (AML) and counterterrorism funding financing (CTF). Looking ahead, ... ( read original story ...)
BEA Selling Life Insurance Arm in $653 Million Deal With AIA
AIA Group Ltd. has agreed to buy the life insurance unit of Bank of East Asia Ltd. and ink a distribution partnership with the Hong Kong-based lender in a HK$5.07 billion ($653 million) deal.As part ... ( read original story ...)
Will there be a Hong Kong Legislative Council election this year?
Given how bad the relationship has become between China and the West, Beijing can take its own sweet time to resume elections in Hong Kong without worrying about international criticism. ( read original story ...)
Hong Kong Suspends BioNTech Shot Over Loose Vial Caps, Stains
Hong Kong and Macau temporarily suspended Covid vaccines manufactured by BioNTech SE because of a packaging defect. ( read original story ...)
Ruan Maia looks to build momentum after securing his first Hong Kong winner
Brazilian jockey Ruan Maia hopes he can build a bigger supporter base after securing his first Hong Kong winner aboard Bulletproof at Happy Valley on Wednesday night.The 32-year-old made the move from ... ( read original story ...)
Chrissy Teigen Addresses Illuminati Rumors Circling Her & John Legend After a Trip to Hong Kong
Once you reach a certain level of fame, it seems almost like a rite of passage for people to start theorizing you’re a member of the Illuminati, a mythical secret society that conspiracy theorists ... ( read original story ...)
Hong Kong: Maintaining fiscal reserves essential
Secretary for Financial Services & the Treasury Christopher Hui stated that while the Government strives to make available mitigation measures for society, it also needs to maintain a certain level of ... ( read original story ...)
UPDATE 5-Hong Kong halts BioNTech COVID-19 vaccines, investigates packaging
Hong Kong authorities halted the use of a COVID-19 vaccine developed by Germany's BioNTech on Wednesday, citing defective packaging, in a move that triggered scenes of confusion in inoculation centres ... ( read original story ...)
Stocks start higher as banks, industrial companies recover
Stocks are off to a solid start on Wall Street as banks made up some of the ground they lost a day earlier. Industrial companies were also strong early Wednesday, helping to push the benchmark S&P 500 ... ( read original story ...)
Hong Kong Suspends BioNTech Vaccines on Loose Vial Caps, Stains
Hong Kong and Macau temporarily suspended Covid-19 vaccines manufactured by BioNTech SE because of a packaging defect, dealing a blow to inoculation drives seen as key to reviving the cities’ pandemic ... ( read original story ...)
Hong Kong Bank Reaches Insurance Deal After Pressure from Elliott Management
Bank of East Asia agreed to sell its insurance business to AIA Group, marking a milestone in one of the longest-running shareholder activism campaigns in the region. ( read original story ...)
Hang Seng Enters Correction as Vaccination Halt Worsens Selloff
Hong Kong’s benchmark stock gauge slumped into a technical correction as the city’s temporary suspension of BioNtech vaccinations fueled worries over the pace of its recovery from the pandemic. ( read original story ...)