BEIJING: China on Monday said that Hong Kong can accede to India's request to arrest fugitive Indian diamond merchant Nirav Modi based on local laws and mutual judicial assistance agreements. Also read: BSE CEO reveals how much banking sector lost due to ... ( read original story ...)
British delegation in Hong Kong to study legal reasons behind Agnes Chow’s by-election ban
The head of a British parliamentary committee on China is in Hong Kong to investigate the legal grounds behind election officials’ decision to ban democracy activist Agnes Chow Ting from running in last month’s legislative by-election. But Richard ... ( read original story ...)
HSBC names veteran banker head of Asia belt and road initiative
HONG KONG (Reuters) - HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific, as it bets on China’s drive to build a modern-day Silk Road to help grow its business. ( read original story ...)
HSBC names Mukhtar Hussain head of Asia belt and road initiative
Mukhtar Hussain, who first joined HSBC in 1982, will start in his new role on July 1. HONG KONG: HSBC Holdings Plc said on Monday it had appointed its Malaysia CEO to the newly created position of head of Belt and Road initiative in Asia Pacific ... ( read original story ...)
5P Wave could see Hong Kong finance go beyond green finance and ESG to the next level
Paula DiPerna is a visiting fellow at Civic Exchange, a Hong Kong-based environmental think tank. On a recent Sunday along Victoria Harbour, smog and haze hung so thickly that the spectacular skyline seemed like stage scenery veiled in shadowy disguise. ( read original story ...)
How Hong Kong banking employees are mortgaging their life away
It is nothing new for banks in Hong Kong to offer staff mortgages at a below the market interest rate to assist employees to buy property. With the raging property prices, this benefit has never been more significant to banking employees. A friend of mine ... ( read original story ...)
Hong Kong beats Singapore as top IPO destination in Asia… for now
But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)
HSBC Kicks Off Its Sevens Weekend With The First Ever HSBC Community Day
a partnership between HSBC and the Tung Wah Group of Hospitals (TWGHs) intended to bring rugby and a sense of community to the Hong Kong public. The Honourable Matthew Cheung Kin-chung, Chief Secretary for Administration, The Government of the Hong Kong ... ( read original story ...)
I stayed at Hong Kong’s first ‘capsule hotel’ to see what it’s like to live in micro — and the experience was a nightmare
SLEEEP is Hong Kong's first capsule hotel, a concept invented in Japan in the late 1970s that aims to provide cheap, convenient "sleeping pods" for travelers who do not require the services of a full hotel. I stayed at SLEEEP on a recent business trip to ... ( read original story ...)
Fresh bid to allay safety concerns over Hong Kong-Zhuhai-Macau bridge, with senior official saying ‘we do things our way’
A senior official at the mainland Chinese authority managing the multibillion-dollar bridge that links Hong Kong, Zhuhai and Macau has reiterated that there are no safety issues with the cross-border infrastructure project, saying “we build things our ... ( read original story ...)
Will Hong Kong innovation scheme enrich investors rather than drive tech ideas?
A new scheme that the government is pumping billions of dollars into to stimulate private investment in Hong Kong tech start-ups has come under scrutiny, with critics saying it has no clear aims and can be exploited to enrich investors rather than drive ... ( read original story ...)
Hong Kong Sevens tickets going for a song is music to fans’ ears and no reason for concern for HKRU
With daylight barely broken on Saturday morning it was an early start for everyone ahead of the big day at the Hong Kong Sevens and plenty of revellers had already started their fun as they stocked up on drinks in 7-Eleven on the way to Hong Kong Stadium. ( read original story ...)
Fiji wins 4th straight Hong Kong 7s beating Kenya in final
HONG KONG — Fiji won a fourth successive Hong Kong Sevens after pouncing on Kenya's ill-discipline and errors to take the final 24-12 on Sunday. The most successful team in the tournament's history, Fiji matched England's record title run from 2002-06 ... ( read original story ...)
Building program drove trade deficit wider in Feb. — HSBC
THE trade deficit likely widened further in February as imports continue to outpace the growth in outbound shipments, Hongkong and Shanghai Banking Corp. (HSBC) said, owing to a greater need for raw materials as the Philippines takes on increased ... ( read original story ...)