At the time, McKinsey’s client, Ping An, was preparing for an initial public offering in Hong Kong. The Wen family and its business associates became secret shareholders of Ping An, having acquired th... ( read original story ...)
Hong Kong police probe bomb-threat emails demanding US$20,000 in bitcoin
Hong Kong police were on Friday night investigating emailed bomb threats intended to extort “security fees” in cryptocurrenty, part of a wave of cyber scams targeting people across the world. The emai... ( read original story ...)
Tanzania eyes Hong Kong money men as it touts itself as place Chinese businesses can use to dodge trade war tariffs
“There’s no way that we can hesitate to attract investment from China and Hong Kong, as a special administrative region,” he said. According to Wu, finding funding for those projects would be conducte... ( read original story ...)
Tips for building a global business from the founder of billion-dollar start-up Klook
Building a business is no easy feat, much less establishing one with ... across 100 countries each month and it ranks as one of the few start-ups born in Hong Kong to reach the much-coveted $1 billion ... ( read original story ...)
Hong Kong aims to build ILS market
Hong Kong is aiming to create an insurance-linked securities market ... to enable them to manage their expense ratios on reduced margins on the underlying business. “At the same time, there will be mo... ( read original story ...)
Bank AL Habib Rolls Back its Operations in Hong Kong
Bank AL Habib has rolled back its operations in Hong Kong through its subsidiary AL Habib Credit & Finance. The management of the bank completed the process of deregistration of AL Habib Credit ... ( read original story ...)
Exclusive: China Development Bank supervising HNA asset sales – sources
HONG KONG/BEIJING (Reuters) - China Development Bank (CDB) is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will l... ( read original story ...)
For the US, Hong Kong is already ‘just another mainland city’
Hong Kong had always been extraordinarily compliant with American demands, even long after the 1997 handover. From clearing customs cargos to overhauling banking practices under tough American standar... ( read original story ...)
Mobile Payments Users in For Accountless, Hassle-Free Time with Bank of China
This can often lead to a lot of hassle for mobile payments users, but Bank of China Hong Kong is taking one big step to help make mobile payments a lot simpler. As of only recently, BOC Pay users no l... ( read original story ...)
Hong Kong man gets 11 years’ jail for rape, robbery, fraud and blackmail – and then demands return of winning betting ticket used as evidence
An unemployed Hong Kong man who raped, robbed and cheated a young woman out ... He also threatened to assault her if she refused to hand over her bank card after he made her link her account with the ... ( read original story ...)
Tradelink Electronic Commerce : and Daon extend mobile biometric authentication solution for Dah Sing Bank on transactions authentication
(Hong Kong, 14 Dec 2018) - Tradelink Electronic Commerce Limited ("Tradelink") (SEHK Stock Code: 0536) and Daon announced today the extension of application of their biometric authentication solution ... ( read original story ...)
Bank of the Year
In equities, the bank held off stiffer competition in 2018 to once again place more stock than any other arranger, with the leading share of block trades and secondary offerings across the region, as ... ( read original story ...)
Bank of Jinzhou : CHANGE OF JOINT COMPANY SECRETARY
... institution within the meaning of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong), not subject to the supervision of the Hong Kong Monetary Authority, and not authorized to carry on b... ( read original story ...)
HSBC sees trade deficit widening to $3.95 billion in October
Hongkong and Shanghai Banking Corp. said the Philippines’ trade deficit likely widened in October, as elevated imports continued to outpace exports growth. HSBC in a report predicted that the country’ ... ( read original story ...)