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Posted on 21/05/2021

Hong Kong to limit crypto exchanges to investors who have portfolios upwards of $1 million

Hong Kong also required cryptocurrency exchanges to be licensed before they can operate, a move that some from the local industry have criticized. ( read original story ...)

Posted on 21/05/2021

Hong Kong Is Moving Forward to Ban Retail Crypto Trading

The Hong Kong government is stepping towards making licensing local crypto exchanges mandatory that will only be allowed to offer services to professional investors. ( read original story ...)

Posted on 21/05/2021

JD Logistics Poised to Raise $3.2 Billion in Hong Kong IPO

JD Logistics Inc., the delivery arm of e-commerce giant JD.com Inc., has raised about HK$24.6 billion ($3.2 billion) after pricing its Hong Kong initial public offering near the bottom of a marketed ... ( read original story ...)

Posted on 21/05/2021

US stocks start higher, erasing weekly loss for the S&P 500

Stocks are opening broadly higher on Wall Street, bringing the S&P 500 out of the red for the week. The benchmark index was up 0.6% in the early going Friday, led by gains in health care and ... ( read original story ...)

Posted on 21/05/2021

Hang Seng Index Takes First Steps in Biggest-Ever Overhaul

A wide-ranging overhaul of Hong Kong’s equity benchmark is set to begin Friday, marking the first step to diversify the financials-heavy index. ( read original story ...)

Posted on 21/05/2021

HSBC head of corporates for commercial banking in Hong Kong said to have resigned

Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter.Lam resigned last week and is currently on ... ( read original story ...)

Posted on 21/05/2021

Blackmailer pleads guilty in HK$100 million plot involving Hong Kong tycoon and nude images of his celebrity wife

Former security guard Wong Hin-chung pleads guilty to trying to extort Hong Kong employer with 24-second video of half-naked spouse. ( read original story ...)

Posted on 21/05/2021

Hong Kong says Taiwan ‘grossly interfered’ in its affairs

It said the Hong Kong Economic, Trade and Cultural Office will remain closed while it closely monitors developments and considers the way forward “in a holistic manner.” Relations between the sides ... ( read original story ...)

Posted on 21/05/2021

Hong Kong’s domestic workers are everyday heroes. Don’t treat them like second-class citizens

Advocates plan to hold a Helper Appreciation Day on May 30 and it couldn’t come at a better time. The city’s domestic workers have long face discrimination, and the pandemic has only made things worse ... ( read original story ...)

Posted on 21/05/2021

JD.com’s Logistics Unit To Raise $3.2 Billion In Hong Kong IPO Amid Online Shopping Spree

The IPO would be the second-largest listing in the financial hub this year following short-video app operator Kuaishou Technology’s $5.4 billion float in February. ( read original story ...)

Posted on 21/05/2021

Expansive Thinking Sustains Hong Kong’s Independent Galleries

These experimental art spaces are offering mentorship programs, residencies and even health and dental insurance. ( read original story ...)

Posted on 21/05/2021

With a Little Added Effort, Art Basel Returns in Person to Hong Kong

Deciding whether to participate in Art Basel Hong Kong this year was keeping Wendy Olsoff up at night. The art fair, taking place until Sunday at the Hong Kong Convention and Exhibition Center, has ... ( read original story ...)

Posted on 21/05/2021

Hong Kong to Restrict Crypto Exchanges to Professional Investors

Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city's markets regulator and will only be allowed to provide services to professional investors, according to government ... ( read original story ...)

Posted on 21/05/2021

HSBC’s Head of Corporates for Commercial Banking in H.K. Resigns

Wallace Lam, head of corporates, commercial banking Hong Kong at HSBC Holdings Plc, is leaving the lender, according to people familiar with the matter. ( read original story ...)

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