HongKongBizz

TNG is directly licensed and regulated in five places: Hong Kong, Singapore, Malaysia, Indonesia and the UK. Kong says TNG has applied for a virtual bank licence in Hong Kong and the UK, which would allow it to extend loans. That would mean it can enter ... ( read original story ...)

The top 3 financial hubs in the world are London, New York, and Hong Kong. Here’s why. London is the number one financial hub in the world. It is home to one of the world’s oldest and most prominent central banks – the Bank of England. London has bec ... ( read original story ...)

“Candidates often tell me they are looking to get any banking job – just to make the move to Asia ... Saying that “either Dubai or Hong Kong will do” will doom your candidacy – banks want you to show commitment to the country and to the ... ( read original story ...)

HONG KONG (Reuters) - Goldman Sachs (GS.N) has hired Cai Wei as partner and co-head of its China investment banking division, it said in an internal memo, which was confirmed by a Goldman Sachs spokeswoman. This is the first time Goldman Sachs has hired a ... ( read original story ...)

Th e authority wants mainland residents who bought insurance policies in Hong Kong to be able to pay their premiums and make claims from China. Cheng said he has discussed the idea with officials at the China Banking and Insurance Regulatory Commission and ... ( read original story ...)

Hong Kong stock exchange’s listing reform helped to boost the amount of funds raised from IPOs by 78 per cent to a three-year-high in the first half, but that was still not enough to topple New York from the top global IPO spot, according to data from ... ( read original story ...)

HONG KONG (Reuters/IFR) - China’s Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said on Friday. ( read original story ...)