AIA Group Ltd. is nearing a deal to buy the life insurance unit of Bank of East Asia Ltd., the Hong Kong-based lender whose shareholders include Paul Singer’s Elliott Management Corp., according to ... ( read original story ...)
Hong Kong developers quicken adoption of proptech as opportunities arise across sector
Hong Kong developers are using proptech to enhance customer experience, reduce pollution, save energy and boost safety as technology takes off in the industry. ( read original story ...)
Hong Kong halts batch of Pfizer/BioNTech vaccines after defective packaging: SCMP
HONG KONG (Reuters) - Hong Kong suspended COVID-19 vaccinations from a single batch of Pfizer/BioNTech shots over defective packaging, the South China Morning Post reported on Wednesday, citing ... ( read original story ...)
DBS joins global banks surrendering office space in Hong Kong
DBS Group Holdings is set to join UBS Group AG and other global banks giving up office space in pricey Hong Hong with so many staff still working from home.. Read more at straitstimes.com. ( read original story ...)
Norway is the world’s most cashless country – but its central bank isn’t keen on bitcoin: ‘It doesn’t preserve stability’
Norway is the world's most cashless country, but, its central bank's governor told Bloomberg it is not recommending bitcoin as an alternative to fiat currency. ( read original story ...)
China’s Baidu debuts on Hong Kong bourse after raising $3.1bn in IPO
Baidu debuted on Hong Kong’s stock exchange yesterday after raising $3.1bn in its initial public offering, the latest mainland tech giant to flock to the financial hub. Chinese search engine Baidu ... ( read original story ...)
Hong Kong expecting a growth of 3.5%-5.5% in 2021: HK Financial Secretary
Hong Kong File photo. Hong Kong is expected to see a growth raging from 3.5 percent to 5.5 percent in 2021 and will continue to give financial support to small and medium-sized en ... ( read original story ...)
Bilibili priced Hong Kong listing at HK$808 a share as ‘China’s YouTube’ hit by tech valuations fears
Video-streaming and mobile gaming site Bilibili priced its share sale on Hong Kong's stock exchange at ... Bilibili's chief financial officer to investors. "It is becoming a dominant medium ... ( read original story ...)
Weakness in bank stocks pulls indexes lower on Wall Street
A man walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, March 23, 2021. Asian stock markets were mixed Tuesday after Wall Street rose on ... ( read original story ...)
Weakness in bank stocks leaves indexes mixed on Wall Street
Major indexes were little changed in afternoon trading as a drop in bond yields pushed down banks and energy companies. Big technology companies, which benefit from lower bond yields, were ... ( read original story ...)
China’s Baidu closes flat on debut as investors wary of fundraising spree in city
Baidu Inc shares have closed flat in their Hong Kong secondary listing debut on Tuesday, bucking a trend of first-day pops on the bourse, as investors were wary of a fundraising flurry in the city and ... ( read original story ...)
Hong Kong/China rally may just be starting as downtrend broken
While the surge in mainland inflows in Hong Kong to start 2021 arbitraged some of this premium away, there is still room for further narrowing of the pricing gap toward the pre-pandemic range of 20-30 ... ( read original story ...)
China’s central bank to issue 5 bln yuan of bills in Hong Kong
BEIJING, March 23 (Xinhua) -- China's central bank plans to issue 5 billion yuan (about 768.8 million U.S. dollars) worth of bills in Hong Kong on Thursday. The maturity of the fixed-rate bill is set ... ( read original story ...)
AIA Said to Near Deal for Bank of East Asia’s Life Insurance Arm
AIA Group Ltd. is nearing a deal to buy the life insurance unit of Bank of East Asia Ltd., the Hong Kong-based lender whose shareholders include Paul Singer’s Elliott Management Corp., according to ... ( read original story ...)