Standard Chartered hopes to make its proposed virtual bank in Hong Kong a key pillar of its digital strategy as the lender looks to streamline and grow its retail business in parts of Asia and Africa, ... ( read original story ...)
Hong Kong-mainland China extradition plan to be watered down by excluding 9 economic crimes, after pressure from business community
Nine economic crimes will be excluded from a controversial government proposal allowing for the extradition of suspects from Hong Kong to mainland China, Taiwan and Macau, amid mounting pressure from ... ( read original story ...)
Hong Kong scraps 9 types of commercial crimes from China extradition plan amid pressure from business sector
The Hong Kong government has announced that nine types of commercial crime will be excluded from the upcoming update to the city’s extradition laws. The new plan will allow Hong Kong to handle ... ( read original story ...)
Cryptocurrency miner Bitmain lets its Hong Kong IPO application lapse
HONG KONG (Reuters) - Bitmain Technologies, the world’s largest designer of products used for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering (IPO ... ( read original story ...)
Bank giant to join funds in MPF shuffle
The Hongkong and Shanghai Banking Corporation announced that the HSBC Mandatory Provident Fund - ValueChoice will be merged into the MPF - SuperTrust Plus, putting 20 constituent funds under one MPF ... ( read original story ...)
Bitmain Seemingly Forced to Abandon Hong Kong IPO Plans
Chinese Bitcoin mining giant Bitmain Technologies is set to allow its IPO application on the Hong Kong Stock exchange to lapse tomorrow, six months after it filed a draft prospectus. Originally, the ... ( read original story ...)
Hong Kong businessman gets 3 years in prison for bribery
NEW YORK — A prominent Hong Kong businessman was sentenced to three years in prison ... at a downtown Manhattan lockup on subjects "ranging from geography to personal finance." During a weeklong trial ... ( read original story ...)
The Expanding Start-up Ecosystem at Science Park – Incubation graduates and growing mentor pool celebrate milestones
A cohort of 80 start-ups celebrated a major milestone on their entrepreneurial journey – completing the incubation programme at the 2019 Incubation Graduation Ceremony held by Hong Kong Science and ... ( read original story ...)
Hong Kong’s former No 2 Anson Chan urges Americans who do business in city to protest proposed change in fugitive transfer law
The former No 2 official in Hong Kong on Monday urged all Americans who do business in the city to voice their concerns over the government’s proposal to allow the transfer of fugitives to mainland ... ( read original story ...)
Hong Kong: Gov’t backs green financing
The Hong Kong Special Administrative Region Government is determined to develop Hong Kong into a leading hub for green finance in the region, with focus on Mainland China and economies along the Belt ... ( read original story ...)
Saudi sisters free after six months stranded in Hong Kong
Hong Kong (AFP) - Two Saudi sisters marooned in Hong Kong have arrived in a safe third country after securing humanitarian visas, their law firm said on Monday, ending a months-long ordeal as they ... ( read original story ...)
Saudi Arabia sisters given humanitarian visa and leave Hong Kong
Rawan, 18, and Reem, 20, arrived at Hong Kong's airport in September in a two-hour stop as ... Rawan said she wanted to study biology and gain a PhD in genetics. Reacting to the news, Lynn Maalouf, ... ( read original story ...)
Canada grants refugee status to some asylum-seekers who hid Edward Snowden in Hong Kong
HONG KONG — Vanessa Rodel was so afraid to believe the news, she asked her lawyer to repeat it, five times. But each time, the message she had longed to hear was exactly the same, and each time ... ( read original story ...)
Hong Kong home prices rise for first time in 6 months
HONG KONG: Hong Kong private home prices posted their first monthly ... A continued correction could lead to more cases of negative equity on residential mortgage loans, which resurfaced for the first ... ( read original story ...)