HONG KONG (Reuters) - Hong Kong's anti-corruption watchdog said on Wednesday it had arrested a former senior figure at the Hong Kong Stock Exchange operator for suspected misconduct linked to two IPOs ... ( read original story ...)
Arrest of former stock exchange official rocks Hong Kong IPO market
Hong Kong’s reputation as the world’s leading location for initial public offerings has been jolted by a former top stock exchange executive’s arrest for suspected corruption and misconduct related to ... ( read original story ...)
HK bourse slips in global IPO rankings
By the end of June, Hong Kong is likely to have 76 IPOs on board, a sharp fall from the 101 IPOs recorded in the same period a year ago. But the total fundraising amount could rise 38 percent to HK$69 ... ( read original story ...)
UPDATE 1-HK anti-graft agency arrests ex-stock exchange official over IPO breaches
... corruption watchdog said on Wednesday it had arrested a former senior figure at the Hong Kong Stock Exchange operator for suspected misconduct linked to two IPOs. The former official and two ... ( read original story ...)
Hong Kong tycoon, 22, drops US$117M on luxury home
HONG KONG - The 22-year-old son of a business tycoon has dropped US$117 million on a luxury home in Hong Kong, the latest purchase to highlight the huge wealth gap in a city currently rocked by ... ( read original story ...)
A Colonial Quirk Gives Some Hong Kong Men Houses on the Cheap
Sign up for Next China, a weekly email on where the nation stands now and where it's going next. In property-obsessed Hong Kong -- where buying a home is impossible for many -- being born into an ... ( read original story ...)
Hong Kong stocks’ widening discounts leads to increased buying from mainland traders
Hong Kong stocks now have a potential price catalyst ... according to a gauge compiled by Hang Seng Bank that tracks the price discrepancy between the two markets. The widening gap has already ... ( read original story ...)
Hong Kong protesters push ahead as territory’s leader unseen
HONG KONG -- A small group of protesters opposed to legislation they fear would reduce Hong Kong's judicial independence have rallied outside the Justice Department. The action Thursday came as Hong ... ( read original story ...)
Alibaba’s Jumpstarter Start-Up Contest Goes Global
The Alibaba Hong Kong Entrepreneur Fund‘s has kicked off its annual Jumpstarter competition, saying it would hold pitch events around the world to draw attention to one of Asia’s leading start-up hubs ... ( read original story ...)
Hong Kong protests bring thousands to consulates as G20 approaches
Thousands of people in Hong Kong joined an evening protest and marched to major foreign consulates on Wednesday, urging leaders gathering for this week’s G20 summit to back their demand to ... ( read original story ...)
Two systems, zero trust? Hong Kong’s extradition row risks business exodus
HONG KONG -- Kelvin Lam, an economist in Hong Kong, recently started job-hunting after resigning from a well-known foreign investment bank. The 40-year-old wants a position where he can write ... ( read original story ...)
Hong Kong Pension System Charges Premiums for Cheap Index Funds
High fees are also one reason individuals have largely avoided putting in more than they’re required, according to the review by the Hong Kong Financial Services Development Council. The study ... ( read original story ...)
Hong Kong Banks’ Biggest Threat Could End Up Saving Them
While my colleague Nisha Gopalan and I remain skeptical about the impact of branchless, internet-only banks, the city’s established lenders like HSBC, BOC Hong Kong (Holdings) Ltd., Standard Chartered ... ( read original story ...)
Monetary authority seeks to keep Hong Kong at cutting edge of tech, regulatory developments, launches Academy of Finance
The academy, first mentioned by Financial Secretary Paul Chan Mo-po in his budget in February 2018, will invite about 100 top executives from Hong Kong’s banking, finance and insurance industries to ... ( read original story ...)