VCG. The aggregate balance of Hong Kong's banking system remains stable, and US interest rate hikes won't affect Hong Kong's currency or its financial stabil ...
3 Hong Kong residents arrested for tricking victims out of credit card details to buy luxury goods online
Syndicate used stolen credit card details to buy goods online that were then sold for profit Officers seized Mercedes-Benz and Tesla limousines, Hermes handbags, cosmetic products and accessories ...
How HSBC’s charitable trust ensures Hong Kong’s better long-term future
Voluntary work at heart of philanthropy as bank staff Joyce Chong, Margaret Chan, Caroline Leung and Punit Mehrotra support city’s youth, elderly and underprivileged.
HSBC says split bank would result in ‘erosion of earnings’
The bank responded to the strong statement regarding a break-up plan by Ping An. HSBC's board has defended the bank's current strategy days after its largest investor Ping An Asset Management Company ...
China funds flock to Hong Kong to sate mainland investors
Large China-based fund managers are setting up shop in Hong Kong for the first time, seeking to fill Chinese investors' appetite for U.S. dollar-based products and international exposure after the ...
Hong Kong bishop hopes for closer ties with Beijing diocese
BEIJING (AP) — Hong Kong’s Roman Catholic bishop said in a historic trip to Beijing that he hopes the dioceses of the two cities will have more exchanges and cooperation, local media reported Thursday ...
Hong Kong treasury minister’s visit to UK to promote business ties met with protest
The attending UK officials were Minister of State in the Department for Business and Trade Dominic Johnson, the Minister of State (Indo-Pacific), Foreign, Commonwealth and Development Affairs, ...
What A Sputtering SPAC Reveals About Ripple’s Billion-Dollar XRP Business
Ripple says that XRP is improving cross-border payments, but new filings from the crypto firm’s Asian partner Tranglo suggest that customer adoption is lagging. So why are Ripple’s XRP sales ...
Hong Kong SPAC Pioneer Calls for Looser Rules to Revive Market
One of the pioneers of blank-check companies in Hong Kong is urging local regulators to relax rules in order for more listings to happen, acquisitions to materialize and liquidity to improve.
HSBC hits back at top shareholder’s sharpest call to split bank
Ping An publicly called for the creation of “a separately listed Asia business” for HSBC in a statement on Tuesday. Read more at straitstimes.com.
There Are 94 IPOs in the Pipeline in Hong Kong. Which Firms Have the Lion’s Share of the Work?
Funds raised from new share listings in Hong Kong in the first quarter of this year fell a massive 52% year-on-year, and fewer than 20 companies raised $837 million via Hong Kong IPOs in that time.
New box jellyfish found near Hong Kong in 1st discover of the venomous species in China’s waters
A new jellyfish named Tripedalia maipoensis was found in China’s waters near Hong Kong. The species is colorless, cube-shaped, and can swim faster than other kinds of jellyfish.
Bank failures made in America damage the entire world
The bank failures in the United States and Europe have triggered a debate on the causes and consequences of the banking crisis. The crisis has also prompted some populist social media to claim that ...
Hong Kong digital asset platform OSL to launch personalised AI trading bot
One of Asia’s largest digital asset platforms has launched a prototype artificial intelligence (AI) trader bot as the digital asset space quickly adapts to the hot new technology.