Within 30 minutes of Hong Kong reversing its seven-day quarantine policy, Ovolo Hotels’ switchboard was swamped with calls. The operator of two facilities in the city’s mandatory quarantine program ... ( read original story ...)
Three-Way Merger Creates $4.3 Billion Global Wealth Management Firm
Two U.S. wealth managers have joined forces with a Hong Kong firm, with an eye toward helping global-minded investors maximize their assets—and minimize their taxes. ( read original story ...)
Hong Kong, US firms merge to form Leo Wealth, a US$4.3 billion wealth consultancy
Hong Kong wealth advisory firm The Capital Company has merged with US counterparts LeoGroup and BFT Financial Group to create a US$4.3 billion consultancy called Leo Wealth. All three firms are ... ( read original story ...)
Chinese AI start-up SenseTime hires HSBC as it pursues US$2 billion Hong Kong IPO
Hong Kong that could raise at least US$2 billion, according to a person familiar with the matter. software, has also tapped China International Capital Corp (CICC) for the offering and could file ... ( read original story ...)
Interest-Free Early Payday Option Introduced by Hong Kong’s Digital Banking Platform Mox Bank
Hong Kong-based digital bank ZA Bank has introduced “Salary FastPass,” which is an interest-free early payday option in Asia that lets people access their monthly salary up to 7 days in advance. ZA ... ( read original story ...)
Hong Kong: Bay area drives market development
In particular, I wish to share with you my thoughts on the three major drivers for the industry, covering I&T (innovation and technology) and new economy development, carbon neutrality, and the ... ( read original story ...)
How this Hong Kong developer is blending old and new to produce modern buildings
Chow said the proposed redevelopment, within walking distance of the Prince Edward MTR station, will demolish the four blocks of four to six-storey old buildings and redevelop the ... ( read original story ...)
Apidays Hong Kong 2021: Deep Diving the Open API, Open Banking & Data Ecosystem in Hong Kong
Apidays LIVE Hong Kong 2021, the biggest API-first virtual conference in Hong Kong, unveils the schedule & agenda today with the theme "API Ecosystem & ... ( read original story ...)
Hong Kong neobank ZA Bank launches early payday product
Users can get their monthly payroll up to seven days in advance, interest-free. Hong Kong virtual bank, ZA Bank, has launched Salary FastPass, an interest-free early payday product that allows users ... ( read original story ...)
HSBC acquiring Axa’s Insurance assets for $575M
HSBC or the Hongkong and Shanghai Banking Corporation Limited is buying Axa Singapores insurance assets for $575 million. The acquisition plan was revealed on Monday, Aug. 16. It was reported that ... ( read original story ...)
HK Raises Quarantine Time; New Zealand Local Case: Virus Update
Hong Kong will hike quarantine for medium-risk places to 14 days to curb the spread of the virus. Business groups in the city are already opposing measures announced on Monday that curbed travel.The U ... ( read original story ...)
Hong Kong’s consumption rebound led by wealthy stuck at home
The robust recovery in consumption has been driven by extravagant spending by Hong Kong's travel-loving rich, who have been forced to remain in the city. A man in his 40s who works for a law firm in ... ( read original story ...)
Sensex, Nifty Edge Lower; Banking, Auto Shares Underperform
The Indian equity benchmarks edged lower on Tuesday dragged by losses in banking, financial services, auto and metal shares amid weak trend in other Asian markets. The Sensex declined as much as 167 ... ( read original story ...)
Hong Kong Bourse Tipped To End Losing Streak
The Hong Kong stock market has finished lower in three straight sessions, sinking almost 480 points or 1.8 percent along the way. The Hang Seng Index now rests just above the 26,180-point plateau ... ( read original story ...)