Professional investors — individuals with a portfolio worth at least 8 million Hong Kong dollars (slightly more than $1 million) or representatives of financial institutions — have a much wider ...
Prudential’s Profit Dips as Growth in China and Hong Kong Slows
Insurer Prudential PLC ($GB:PRU) ($HK:2378) reported a 1% dip in its new business profit of $1.47 billion in H1 2024, as growth in its main ...
Late resignations, lack of scepticism tarnish Hong Kong auditors’ credibility: regulator
The regulator received a record 190 complaints for the financial year ended March 31 and carried out 77 investigations Last-minute resignations and failure to recognise potential problems are the two ...
Hong Kong’s Project Ensemble sandbox ready to test asset tokenization
However, there was no sign of the BDF’s continuing participation. The Bank of China (Hong Kong), Hang Seng Bank, Hong Kong and Shanghai Banking Corporation (HSBC), Standard Chartered Hong Kong, ...
Duality plans Hong Kong IPO
Chinese biotech DualityBio has shown that it means business in a filing to the Hong Kong stock exchange that reveals its plans for an initial public offering (IPO).
Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In
Hong Kong's Markets Authority (HKMA) opened up its tokenization 'Ensemble sandbox' on Wednesday and major institutions like HSBC have already begun testing proof of concepts.
Hong Kong police arrest 27 in money-laundering blitz, with some cases linked to US, Singapore
Syndicates are using cash and cryptocurrencies, as well as transferring criminal proceeds multiple times, to cover their tracks, police say.
Wise-integration Creates Subsidiary in Hong Kong
Wise-integration, a French pioneer in digital control of gallium nitride (GaN) and GaN ICs for power supplies, announced the launch of a subsidiary based in Hong Kong to help Chinese customers achieve their power- performance/cost goals and accelerate its growing business in China.
Incoming HSBC boss Georges Elhedery mulls middle management shake-up
The incoming chief executive of global banking giant HSBC is thought to be considering a major shake-up of middle management after he takes over the role next week. Lebanon-born Georges Elhedery, who ...
New CEO of HSBC Mulls Trimming Middle Management Headcount – Wire
Georges Elhedery, who will become CEO at HSBC HOLDINGS (00005.HK) on 2 September, is considering trimming his middle management, following similar moves by Citigroup (C.US) and STANCHART (02888.HK), ...
Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market
Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.
Hong Kong Court Dismisses Petition to Wind Up XJ International
A Hong Kong court on Wednesday dismissed a petition to liquidate Chinese education firm XJ International Holdings Co., dealing a blow to a group of bondholders that includes some of Asia’s most prominent hedge funds.
Can Hong Kong find its Goldilocks zone?
Too much emphasis on ‘one country’ over ‘two systems’ will hobble the dynamism that made Hong Kong such a powerful magnet to talent and capital.
PolyU researchers and academic-led startups seize prestigious awards at HICOOL Global Entrepreneur Summit and Entrepreneurship Competition
HONG KONG SAR - Media OutReach Newswire - 28 August 2024 - The Hong Kong Polytechnic University (PolyU) researchers and academic-led startup teams participated for the first time at the ...