The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had plummeted almost 950 ... ( read original story ...)
Bankers are abandoning Hong Kong as Beijing and COVID-19 remake the city
In Hong Kong’s affluent mid-levels, in the subtropical foothills of Victoria Peak, the talk today among well-heeled expatriates inevitably turns to one subject: Who will be the next to leave. Down the ... ( read original story ...)
AIA acquires Blue Cross in Hong Kong and deepens Bank of East Asia bancassurance partnership
AIA has announced that it has agreed to acquire 100 per cent of the shares in Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) and 80 per cent of the shares in Blue Care JV (BVI) Holdings ... ( read original story ...)
Hong Kong Can Still Achieve Covid Zero, Official Says
Hong Kong authorities are liaising with private hospitals to make space for Covid patients as the city battles its worst wave yet of the virus, which is claiming the lives of at least a hundred people ... ( read original story ...)
Beijing support on testing, isolation facilities will help Hong Kong defeat Covid, No 2 official says, as he seeks to reassure residents on mass testing
Chief Secretary John Lee urges residents not to be confused by rumours about the government's coming universal testing exercise During screening operation, government will ensure a stable and ... ( read original story ...)
Hang Seng Bank Limited (HSNGY) to Issue Dividend of $0.21 on April 1st
Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) announced a dividend on Wednesday, March 2nd, investing.com reports. Shareholders of record on Tuesday, March 8th will be given a dividend of 0.2106 ... ( read original story ...)
Use Hong Kong’s consumption voucher scheme to boost elderly vaccinations and ease into sales tax
While another round of consumption vouchers is welcome, there are concerns money is being wasted on emigrants and not leveraged in the fight against Covid-19 The vouchers should be a financial ... ( read original story ...)
Hong Kong Dollar’s Slide to Two-Year Low Is About to Get Worse
The Hong Kong dollar is poised for steeper losses as impending Federal Reserve rate hikes exacerbate capital outflows triggered by the deadliest Covid outbreak in the city.Most Read from ... ( read original story ...)
UPDATE 1-Hong Kong’s tough COVID curbs hobble its green finance ambitions
Hong Kong's ambition to become a hub for green and sustainable business is under threat as its persistent tough border controls against COVID-19 make the task of attracting senior specialists harder ... ( read original story ...)
Bank of East Asia to sell non-life insurance businesses to AIA for $278 mln
HONG KONG — Bank of East Asia (BEA) said late on Friday it has agreed to sell its non-life insurance and healthcare services businesses to a unit of AIA Group Ltd for an aggregate HK$2.168 billion ... ( read original story ...)
PwC says IPOs in mainland, HK active
Technology, media and telecommunications firms on the Chinese mainland remained active in the domestic capital market in the second half of last year, a report from global accounting firm PwC stated. ( read original story ...)
HSBC Securities reprimanded by HK exchange for BCAN errors
HSBC Securities engages in Northbound Trading of China Connect Securities. The exchange has advised all participants to review their current set up and adopt appropriate measures to strengthen their ... ( read original story ...)
Congress Demands Answers From CCP-Friendly HSBC Bank
Congress Demands Answers From CCP-Friendly HSBC Bank Philip Lenczycki on March 4, 2022 Following the 2019-2020 Hong Kong protests, former CEO of HSBC ... ( read original story ...)
Dental Care Provider Arrail Hopes Investors Will Smile on Its Hong Kong IPO
Key takeaways Arrail Group has passed a listing hear in Hong Kong after becoming profitable at the operating level in its latest fiscal year Company hopes to take advantage of ... ( read original story ...)