U.S. banks from Goldman Sachs to JPMorgan Chase are hurrying to expand in China as the country opens up its financial markets -- but Citigroup's top regional executive says his bank will pick its ... ( read original story ...)
Lawyer for Hong Kong protester asks court for shorter term
HONG KONG (AP) — A lawyer for the first person convicted under Hong Kong’s national security law asked Thursday for no more than 10 years in prison instead of the possible life sentence faced by the ... ( read original story ...)
Asian markets advance after Fed meeting, Hong Kong rebounds
Asian markets rose Thursday as the Federal Reserve acknowledged the US recovery was well on track but it would not taper monetary policy just yet, while Hong Kong was lifted after China sought to ... ( read original story ...)
Hong Kong’s Hang Seng index jumps about 2% as stocks recover from early week slump
The Federal Open Committee ended its two-day meeting stateside by keeping interest rates in a target range between zero and 0.25%. ( read original story ...)
More Volatility Expected For Hong Kong Shares
The Hong Kong stock market on Wednesday ended the brutal three-day slide in which it had plummeted more than 2,600 points or 10.3 percent. The Hang Seng Index now rests just beneath the 25,475-point ... ( read original story ...)
HK$5,000 vouchers: everything you need to know about the torrent of offers from payment platforms, retailers and restaurants in Hong Kong
This story has been made freely available as a service to our readers. Please consider supporting SCMP's journalism by subscribing. Hong Kong's malls, shops, restaurants and digital payment platforms ... ( read original story ...)
China’s regulatory crackdown a drag on Hong Kong’s IPO pipeline: Bankers
Hong Kong's buzzing initial public offering pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their ... ( read original story ...)
Hong Kong erupts in joy as ‘god of sword’ Edgar Cheung Ka-long wins city’s first gold medal in 25 years
Fencer Edgar Cheung Ka-long made history as he earned Hong Kong’s first gold medal in 25 years and the city’s second-ever in Olympics history. The details: Cheung, 24, beat Italian Olympian Daniele ... ( read original story ...)
Hong Kong Internet Rebounds Overnight
It is likely China’s “national team”, government-affiliated institutional investors such as pension plans, were buying overnight in the Mainland market. ( read original story ...)
Rapidly Expanding Rimon Has Become a Firm to Watch—Next Stop? Hong Kong
The hybrid alternative service provider is looking to launch in Hong Kong with two partners in the pipeline. And Singapore and Tokyo are on the horizon. ( read original story ...)
Money-laundering ring pushed $4billion through HSBC
Insiders have raised questions over whether HSBC appropriately informed US monitors about the ring, which was uncovered by the bank during an internal review ... ( read original story ...)
Hong Kong appoints investigator to probe fraud allegations in the financial affairs of Apple Daily’s publisher Next Digital
The appointment of the special investigator marked an escalation in the Hong Kong government’s crackdown on financial malfeasance, as it burnishes its credibility as Asia’s financial hub. ( read original story ...)
24 Hong Kong domestic helpers arrested in money-laundering crackdown after opening bank accounts used to wash illicit funds
The domestic workers, allegedly paid to open bank accounts then hand over the ATM cards, were among a group of 29 arrested in a series of raids on Monday and Tuesday. ( read original story ...)
Hong Kong court convicts first person charged with violating new national security law
The Hong Kong High Court convicted a former waiter of "terrorism" and "inciting secession" in the first trial conducted under a national security law that was imposed by China to stamp out ... ( read original story ...)