Hong Kong stocks got an early boost on Monday when investors got their first chance to react to market reforms unveiled late on Friday ...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs
HONG KONG: Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish ...
Hong Kong finance chief Paul Chan hails move by mainland China’s securities regulator to ease trading rules with city
China Securities Regulatory Commission on Friday announce five measures to further enhance connectivity between mainland and Hong Kong capital markets.
Singapore stem cell bank scandal gives parents in Hong Kong, Philippines, India the jitters
The scandal now engulfing Cordlife Group Ltd. has implications across the region, given its operations in Hong Kong, Macau, Indonesia, the Philippines and India.
HK$720 million Hong Kong charity project to provide 14,000 low-income families with financial help, social services and career advice
Programme funded by Jockey Club, in collaboration with 18 partners, aims to pull households out of poverty by improving financial literacy, career prospects About 14,000 families living in 25 ...
Chinese Developer Sinks After HSBC Subsidiary Files Liquidation Petition
A Hong Kong bank majority-owned by HSBC Holding has filed a liquidation petition against Times China, another instance of creditors seeking to recoup funds from developers amid China’s protracted ...
Hong Kong Authorities Expose HK$1.8 Billion Crypto Laundering Operation
In a significant crackdown on financial crime, Hong Kong customs officers have apprehended three individuals for their alleged involvement in a staggering HK$1.8 billion crypto laundering operation.
Hong Kong regulator to investigate PwC auditing of Evergrande
Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report".On Friday, ...
China Vows to Support Hong Kong IPOs to Bolster Hub Position
China’s securities regulator said it will encourage the nation’s companies to list in Hong Kong as it unveiled a package of measures to bolster the city’s position as an international financial hub.
Hong Kong’s audit watchdog to investigate PwC audit role in Evergrande
Hong Kong's audit watchdog Accounting and Financial Reporting Council (AFRC) said on Friday it would investigate PricewaterhouseCoopers' (PwC) management in auditing China Evergrande Group over a ...
Hang Seng Introduces the New PayDay+: Enjoy up to 6% p.a. HKD Savings Rate on Payroll Service Transfers
Hang Seng Bank ('Hang Seng') introduces the new PayDay+, offering an exceptional Hong Kong Dollar ('HKD') savings rate of up to 6% p.a. for customers who transfer their payroll accounts to the Bank.
Hong Kong student jailed for 1 year and 4 months over money laundering charge linked to 2019 protest fund
A Hong Kong man has been jailed for one year and four months over his links to a fundraising platform that supported protesters in 2019. Yu Yan-yuk, currently a student at the Chinese University of ...
Deutsche Bank Has Cut Dozens in Asia Private Banking Overhaul
Deutsche Bank AG trimmed 10 private banking roles in Asia over the past week, adding to dozens of cuts in recent quarters as it zooms in on more profitable markets and weeds out underperformers, ...
StanChart dangles 10% deposit rate in Hong Kong to draw China cash
Lenders in HK are ramping up efforts to woo deposits from mainland China and solidify the city’s status as a wealth hub. Read more at straitstimes.com.