Lawmakers in Hong Kong are criticising the government for spending HK$3.75 million (S$653,000) a month to maintain six unused Covid-19 isolation facilities. South China Morning Post reported that the ...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
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 markets in China ...
Morgan Stanley cuts dozens of investment banking jobs in Asia-Pacific, sources say
Morgan Stanley is cutting at least 50 investment banking jobs in Asia Pacific, three sources said, becoming the latest among global banks to scale back operations in the region mainly due to a slump ...
Hong Kong’s Bitcoin and Ethereum ETFs Could Fetch $25 Billion—If China Plays Nice
A veteran crypto analyst expects Hong Kong's Bitcoin and Ethereum ETFs to begin trading this month—and they could have a sizable impact.
Morgan Stanley to cut around 50 investment banking jobs in Asia-Pacific, sources say
Morgan Stanley is cutting around 50 investment banking jobs in the Asia-Pacific region due to a deals slump, sources with knowledge of the matter said. Investment bankers based in Hong Kong and ...
OSL announces potential April debut for Hong Kong Bitcoin ETFs
Hong Kong-based asset managers like China Asset Management (ChinaAMC) may soon be involved in introducing their spot Bitcoin exchange-traded funds (ETFs). According to Patrick Pan, head of OSL, the ...
Alchemy Pay Chooses Hong Kong as a Strategic Market for Cryptocurrency
Alchemy Pay, an undeniable pioneer in the crypto payment sector, has recently designated Hong Kong as the strategic center of its expansion projects outside of China which literally means a broadening ...
Hong Kong’s ‘Mind Boggling’ Journey to Bitcoin and Ether ETFs
OSL Executive Director and Head of Regulatory Affairs, Gary Tiu, weighs in on the state of spot bitcoin and ether ETFs in Hong Kong and how long it will take for the products to reach the final stage ...
Property developer Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court
Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.
CVC Capital, the private equity giant behind Six Nations and LaLiga, plans to launch $1.3 billion IPO in Amsterdam after past delays
The firm, cofounded by four finance professionals as an arm within Citigroup over 40 years ago, has soared to become Europe’s top private equity group.
Ex-Hong Kong leader Carrie Lam needs office costing HK$9 million annually to match status, admin chief tells sceptical lawmakers
No suitable government premises available when Lam finished her term as leader, Director of Administration Millie Ng tells lawmakers Following the end of Lam's five-year term in 2022, the government ...
Bitcoin and Ethereum ETFs are predicted to be launched in Hong Kong
Similarly, Bosera Capital and Harvest Global Investments announced the approval of their applications for Bitcoin and Ethereum spot ETFs. However, these announcements have been removed as of the ...
HSBC lays off at least a dozen Asia dealmakers amid weaker activities, sources say
HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong ...
Hong Kong’s bitcoin, ether ETFs seen as attractive to Asian buyers, but ‘child’s play’ compared with scale of US market
The Asian finance hub's upcoming spot cryptocurrency ETFs could attract regional investors who do not want to bother with US accounts and tax forms, experts say Hong Kong is the first major financial ...