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Tag: banking

Posted on 21/02/2022

Hong Kong to launch vaccine pass as Omicron outbreak rages

HONG KONG, China (AFP)— Hong Kong will launch a vaccine pass scheme this week, officials said Monday, as hospitals struggle under an Omicron-fuelled outbreak and the finance hub sees record-high ... ( read original story ...)

Posted on 21/02/2022

JPMorgan’s Holsheimer to Leave Hong Kong, Adding to Exits

JPMorgan Chase & Co.’s Ryan Holsheimer, head of cash equity & equity distribution for Asia-Pacific, is leaving Hong Kong after seven years with the firm, adding to a string of senior departures and ... ( read original story ...)

Posted on 21/02/2022

Hong Kong Departures Climb to Pandemic High as Residents Flee

Hong Kong recorded 27,703 departures from the city in the week ended Feb. 20, pushing the weekly net outflow of people to its highest level since the Asian financial hub imposed strict quarantine ... ( read original story ...)

Posted on 21/02/2022

HSBC donates US$12.8 million to help needy Hong Kong families hit by Covid-19, while AlipayHK cuts SME fees

HSBC, the biggest lender in Hong Kong, has donated HK$100 million (US$12.8 million) to help low-income households hit hard by the Covid-19 outbreak, the biggest so far by the city’s financial sector. ( read original story ...)

Posted on 21/02/2022

Budget 2022-23: struggling Hong Kong pins hopes on finance chief to provide e-vouchers, easy loans to help desperate businesses, save jobs

Financial Secretary Paul Chan Mo-po is expected to provide a lifeline to a struggling Hong Kong in his budget speech on Wednesday, with a fresh round of consumption vouchers and help for desperate ... ( read original story ...)

Posted on 21/02/2022

Singapore Won’t Displace Hong Kong as a Financial Center

Get alerts for Rachel Rosenthal Hong Kong’s rapid isolation from the rest of the world has business executives, investors and expatriates asking whether Singapore will overtake the territory as Asia’s ... ( read original story ...)

Posted on 20/02/2022

He loved Hong Kong. Its COVID crackdown made him leave…

When Kevin Tranbarger first moved to Hong Kong as a teen, he was awestruck. He was a kid from Connecticut, suddenly immersed in the bustle of the city's financial district, with its towering ... ( read original story ...)

Posted on 20/02/2022

He loved Hong Kong. Its COVID crackdown made him leave without even saying goodbye

Beijing has also clamped down on Hong Kong’s once free-wheeling media, arresting the founder of the pro-democracy newspaper Apple Daily, and freezing its banking assets, which led to its eventual ... ( read original story ...)

Posted on 20/02/2022

Lithium materials enterprises send nickel and cobalt to apply for Hong Kong IPO

[lithium materials enterprises apply for Hong Kong IPO] according to documents filed by the Hong Kong Stock Exchange, Shanghai Gepai Nickel-Cobalt Materials Co., Ltd. (referred to as "Gepai ... ( read original story ...)

Posted on 20/02/2022

Hong Kong ‘will be fine’ Standard Chartered CEO says, has no plans to shift staff over Covid-19 policies

He noted the lender’s new digital-only bank in Singapore will use technology developed through Mox, its Hong Kong virtual bank. “There’s not a material impact on our business from the mobility ... ( read original story ...)

Posted on 19/02/2022

Various sectors in Hong Kong gear up to take anti-pandemic measures

Representatives of various sectors in Hong Kong on Friday expressed their support for the fight against the COVID-19 pandemic at an online meeting, pledging to rally resources and join the ... ( read original story ...)

Posted on 19/02/2022

Coronavirus: Beijing loyalists in Hong Kong weigh options on whether to attend top legislature and advisory body meetings

Some who wear an extra hat as a legislator in the city are concerned whether it is advisable to be away when Hong Kong is battling a surge in coronavirus infections, noting that the financial chief is ... ( read original story ...)

Posted on 19/02/2022

New Prudential CEO may be based outside Hong Kong initially: spokesperson

LONDON- The incoming chief executive of Asia-focused insurer Prudential may be based outside Hong Kong initially, a spokesperson said on Friday, as the financial hub grapples with a surging COVID-19 ... ( read original story ...)

Posted on 19/02/2022

Mainland experts attend meeting on Hong Kong’s epidemic prevention, control work

(Xinhua) A delegation of mainland epidemiological experts met here on Friday with the health officials and experts of the Hong Kong Special Administrative Region (HKSAR) over ways to better assist the ... ( read original story ...)

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