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Posted on 04/08/2021

India Mints New Billionaire Woman As Nykaa Founder Grooms Her Beauty Retailer For An IPO

Veteran investment banker-turned-entrepreneur Falguni Nayar, whose beauty retailer Nykaa is poised to launch its IPO, is India’s newest billionaire. ( read original story ...)

Posted on 04/08/2021

China’s finance ministry appoints 40 Hong Kong accountants as advisers to serve as bridge between city, rest of country

Liaison office picks members of the big four accounting firms and different sectors to build solidarity and push economic integration. ( read original story ...)

Posted on 04/08/2021

Hong Kong Market rebounds on bargain hunting

At closing bell, the benchmark Hang Seng Index added 0.88%, or 231.73 points, to 26,426.55. The Hang Seng China Enterprises Index rose 1.06%, or 98.87 points, to 9,419.25. ( read original story ...)

Posted on 04/08/2021

Client confidentiality is NOT a shield for criminal activity – Lord Peter Hain on HSBC

In this extract from his memoir, Lord Peter Hain gives us a glimpse into his efforts to expose and bring global banks like HSBC to justice. ( read original story ...)

Posted on 04/08/2021

App developers hope to end trade in endangered napoleon wrasse in Hong Kong

A new app using facial recognition technology has launched in a trial phase in Hong Kong to help eradicate illegal trade in endangered napoleon wrasse. Launched by the Swire Institute of Marine ... ( read original story ...)

Posted on 04/08/2021

Huawei to invest US$100-M in Asia Pacific startup ecosystem

SINGAPORE – Huawei announced on Tuesday its plan to invest USD100 million in startup support at the inaugural Huawei Cloud Spark Founders Summit, which took place simultaneously in Singapore and Hong ... ( read original story ...)

Posted on 04/08/2021

Who do U.S. politicians really stand with? — Truth about U.S. blatant interference in China’s internal affairs on Hong Kong-related issues (part 2)

In June, Smith said in an interview that the imposition of the national security law in Hong Kong had created an "atmosphere of coercion" that threatens both the city's fr ... ( read original story ...)

Posted on 04/08/2021

Deloitte Cyber partners with HGC Group to protect Hong Kong Companies from Cyber Risks under Rapid Digitization

Deloitte Cyber has partnered up with HGC Group to provide a holistic solution to protect Hong Kong companies from cyber risks during ... ( read original story ...)

Posted on 04/08/2021

Hong Kong museum commemorating 1989 Tiananmen victims reopens online

Museum, dedicated to the victims of China's 1989 crackdown on pro-democracy protesters in and around Beijing's Tiananmen Square, reopened online on Wednesday as "8964 Museum", a pro-democracy group ... ( read original story ...)

Posted on 04/08/2021

Tech Stocks Fuel Hong Kong Reprieve Rally as China Money Returns

The return of Chinese investors and bargain hunters in tech stocks is giving Hong Kong’s equities market a reprieve from weeks of relentless selling.The Hang Seng Index rose as much 1.7% Wednesday, ... ( read original story ...)

Posted on 04/08/2021

Hong Kong Justice Secretary Cheung seeks to ease firms’ worries on anti-sanctions law

The law is a measure devised by Beijing to hit back at the US and other critics. Read more at straitstimes.com. ( read original story ...)

Posted on 04/08/2021

Hong Kong Minister Seeks to Ease Firms’ Worries on Sanctions Law

Hong Kong’s top legal official said businesses shouldn’t be “too worried” about China’s imposition of an anti-sanctions law on the financial hub, as the government tries to ease worries Beijing’s ... ( read original story ...)

Posted on 04/08/2021

Li Auto: China Tesla rival plans Hong Kong secondary listing

Chinese electric car maker Li Auto has said it plans to raise as much as $1.9bn (£1.4bn) in a secondary listing of its shares in Hong Kong. Shares in the Tesla rival are already traded on the Nasdaq ... ( read original story ...)

Posted on 04/08/2021

Banks from HSBC to Citi shrug off China risks, embrace Hong Kong

Geopolitical tensions have done little to dampen Hong Kong's financial services industry Hong Kong: Standard Chartered Plc Chief Executive Officer Bill Winters was the latest executive in recent weeks ... ( read original story ...)

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