Officials say the city has no obligation to enforce US, EU and UK sanctions after superyacht linked to Russian billionaire drops anchor off Hong Kong But legal experts warn that secondary action could ... ( read original story ...)
Hong Kong forex reserves at $419.2 billion at end-Sept – HKMA
Reuters. FILE PHOTO: Hong Kong 100 dollar banknotes are displayed during an exhibition at HSBC headquarters in Hong Kong, China January 20, 2016. REUTERS/Bobby Yip Oct 7 (Reuters) - Hong Kong's ... ( read original story ...)
Hong Kong’s U-turn on quarantine is a sign Beijing still needs its gate to the West
then Hong Kong will quickly lose its international financial status,” said Vera Yuen, a lecturer of economics at HKU, “You have to have enough firms, enough talent, resources that come ... ( read original story ...)
Vice-president of Hong Kong-listed company conned out of more than HK$16 million in cryptocurrency investment scam
Woman, 56, poured savings and a HK$5.5 million bank loan into investment on advice of bogus expert Investigation under way on identity of holders of eight e-wallet accounts the money was channelled ... ( read original story ...)
Adult Performers File Allegedly Leaked Offshore Bank Records in OnlyFans-Meta Bribery Suit
OnlyFans bribed Meta executives to blacklist rivals in the online porn industry, according to adult performers who say they were leaked bank records. ( read original story ...)
Climate and sustainability: Hong Kong bourse says one-size-fits-all approach not desirable when it comes to disclosure standards
It would be irresponsible for us to force firms to prepare disclosures that they don't have bandwidth for, HKEX executive says Impact of ESG often hard to translate into financial figures, CLP ... ( read original story ...)
Hong Kong stocks slip on China concerns after sharp rally
The sub-index of the Hang Seng tracking energy shares climbed 0.5% and the Hong Kong property sector edged up 0.09%, while the IT sector dipped 0.61% and the financial sector slid 0.34% ** The top ... ( read original story ...)
China Finance Ministry to Issue an Extra 5.5 Billion Yuan of Treasury Bonds in Hong Kong
HONG KONG (Reuters) - China's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. ( read original story ...)
Hong Kong stocks pare best rally in 5 months as Goldman sees bigger slide in home prices, CALB slips below IPO price
Chinese electric-car battery maker CALB opened flat on its first day of trading in Hong Kong. The stock opened unchanged from its IPO price of HK$38, before changing hands recently 1.4 per cent lower ... ( read original story ...)
Battery Maker CALB Opens Flat After $1.3 Billion Hong Kong IPO
It capped the biggest first-day decline on record for a listing of that size or bigger in the city. IPO proceeds in Hong Kong are down nearly 75% for the year, and half of the 18 companies that listed ... ( read original story ...)
Battery Maker CALB Falls in Hong Kong Debut
By Yifan Wang Chinese electric-vehicle battery maker CALB Co. fell in its Hong Kong trading debut, becoming the latest newly listed company in the ... ( read original story ...)
Credit Suisse sees another departure as Hong Kong-based managing director leaves for HSBC
Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)
Hong Kong home prices could nosedive 30 per cent through 2023 as interest rates repel buyers, Goldman Sachs forecasts
The Hong Kong Monetary Authority (HKMA) has lifted its base interest rate five times this year to 3.5 per cent, a 14-year high, in lockstep with the US Federal Reserve. Commercial banks including HSBC ... ( read original story ...)
Nick ‘Honey Badger’ Cummins accused of endorsing human rights abuses in Hong Kong
Billboards in Sydney and Melbourne have also been plastered in ads from the Hong Kong government declaring a “new era” of “stability, prosperity and opportunity” for the global financial hub. The ... ( read original story ...)