Tag: banking

Proposal by Chan at recent budget address is under fire from landlords and developers, who say they will run into cash-flow problems if tenants delay payment Financial secretary points out that ... ( read original story ...)

The overall risks of the war between Ukraine and Russia on Hong Kong are manageable, but the city remains “highly vigilant” for any possible impact on financial markets, Financial Secretary Paul Chan ... ( read original story ...)

Insilico Medicine, a Hong Kong-based artificial intelligence (AI) biotechnology company, hopes to add momentum to the city’s health technology industry with the development of its AI-discovered drug. ( read original story ...)

Mark Peaker started skiing when he was six and became a ski instructor in Zermatt, Switzerland, before starting a career in banking in Thatcher's Britain That took him to Hong Kong, where he met his ... ( read original story ...)

As increasing numbers of international citizens and businesspeople ditch Hong Kong over its pandemic handling and head for Singapore, more needs to be done to win the virus fight and stop the exodus ... ( read original story ...)

Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segment revived plans to list on the Hong Kong bourse. ( read original story ...)

Life insurance sales in Hong Kong jumped 25 per cent last year, the highest since 2016, after insurers bolstered staff numbers by recruiting flight attendants laid off amid the Covid-19 pandemic. ( read original story ...)

Chinese conglomerate Dalian Wanda Group Co. has put a planned Hong Kong initial public offering for its shopping mall unit on hold, according to people familiar with the matter. Zhuhai Wanda ... ( read original story ...)

Didi Global Inc. has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data, ... ( read original story ...)

The move marks the second partner departure from Kirkland & Ellis in Hong Kong in a month. Kirkland & Ellis U.S. securities partner Howie Farn has left the firm to join Freshfields Bruckhaus Deringer, ... ( read original story ...)

Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion (US$305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed, after ... ( read original story ...)

JPMorgan has accelerated plans to relocate some of its top investment bankers in Hong Kong to mainland China as draconian pandemic restrictions have made travelling from the terri ... ( read original story ...)

As we await the pandemic’s demise, the banking industry is equipping itself to be at the centre of the economic recovery, providing businesses with the resources they will need to not only survive but ... ( read original story ...)

The Cyberspace Administration of China informed Didi executives their proposals to prevent security and data leaks had fallen short. . Read more at straitstimes.com. ( read original story ...)