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Posted on 05/12/2024

Hong Kong startup close to US$500mil valuation

HONG KONG: TNG FinTech Group Inc, a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about US$500mil, according to a ...

Posted on 05/12/2024

HSBC Global Insurance CEO warns Hong Kong: Strengthen talent and digital infrastructure or fall behind Singapore and Dubai

In the latest report of Yahoo Finance, Edward Moncreiffe, CEO of Global Insurance at HSBC, emphasized that Hong Kong must focus on enhancing its physical and digital infrastructure, regulatory ...

Posted on 05/12/2024

Hong Kong’s Cathay Pacific airline apologizes for ‘Family Guy’ episode with Tiananmen Square scene

Hong Kong's Cathay Pacific airline is apologizing after offering an in-flight episode of the cartoon "Family Guy," featuring a Tiananmen Square scene and joke.

Posted on 05/12/2024

Hong Kong Shares May Bounce Higher On Thursday

The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had collected almost 380 points or 2 percent.

Posted on 05/12/2024

Hong Kong’s ESR Group Receives $7 Billion Offer to Take It Private

The real-estate fund manager has received an offer from a consortium of investment firms, including Starwood Capital Group and Warburg Pincus, to take it private in a deal valued at about $7 billion.

Posted on 05/12/2024

How Citigroup’s Firing of Asia Equity Sales Traders Is Haunting the Bank Years Later

Citigroup fired an entire team of Hong Kong equity sales traders in 2019 for alleged misconduct. The ensuing regulatory and legal saga spotlights the question: Who should take the blame when banks get ...

Posted on 05/12/2024

Hong Kong airline removes ‘Family Guy’ episode with Tiananmen Square reference

Cathay Pacific removed the episode of the animated series from its in-flight entertainment system after a complaint that it could violate China's national security laws.

Posted on 05/12/2024

Hong Kong’s Cathay Pacific apologizes for showing “Family Guy” episode

The episode, from the first season of the American cartoon, shows Peter Griffin, the father character in the show, standing next to the "Tank Man" in a recreation of the infamous photograph.

Posted on 04/12/2024

HKMA offers special mortgage policies to help those who bought at property market’s peak

One-off scheme increases loan-to-value ratio of mortgage loans to 80 per cent for those who bought unfinished properties from 2021 to 2023.

Posted on 04/12/2024

China Financial Services’ New Loan Agreement Sparks Interest

China Financial Services Holdings Limited (HK:0605) has released an update. China Financial Services Holdings Limited has announced a discloseable ...

Posted on 04/12/2024

Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say

Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.

Posted on 04/12/2024

Invest Hong Kong DG Stephen Phillips On Opportunities For Indian Startups, And The Coronavirus Impact

The double taxation avoidance agreement (DTAA) with China also makes HK an attractive destination for startups. According to Euromonitor International, Hong Kong is one of the most digitally ...

Posted on 04/12/2024

Hong Kong’s Cathay Pacific airline apologizes for in-flight “Family Guy” episode with Tiananmen Square scene

The episode, from the first season of the American cartoon, shows Peter Griffin, the father character in the show, standing next to the "Tank Man" in a recreation of the infamous photograph.

Posted on 04/12/2024

Hong Kong International Races Week Celebrates Horses and Jockeys From Around the World

Depending on who you ask, the stars of horse racing are either the horses or the jockeys. During Longines Hong Kong International Races (H.K.I.R.) week, both are celebrated in different ways by the ...

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