Candidate John Lee calls financial system ‘sharp tool’ to be used by or against city during meeting with Election Committee members. ( read original story ...)
Hong Kong plans to regulate crowdfunding activities
The Hong Kong government is considering regulating crowdfunding campaigns in a bid to prevent money being used for activities that endanger national security or other illegal purposes. ( read original story ...)
Hong Kong’s first retail green bond offer to finally launch on April 26 after Covid-19 delay
The government has more than tripled the maximum offer size to HK$20 billion (US$2.56 billion) for the three-year bond Interest will be paid every six months based on the inflation rate over that half ... ( read original story ...)
Hong Kong’s finance chief Paul Chan to lead vetting committee for would-be election candidates as chief secretary post stays vacant for now
Financial Secretary Paul Chan a natural successor for the post vacated by former chief secretary John Lee, says pro-Beijing heavyweight Rita Fan Others in the same camp say the appointment hints that ... ( read original story ...)
Can Chinese EV battery makers CALB, Tianqi Lithium recharge Hong Kong’s appetite for IPOs?
China Aviation Lithium Battery (CALB) and Tianqi Lithium, two key players in the world’s biggest electric vehicle battery market, are keen on expanding capacity amid a bottle neck in the global supply ... ( read original story ...)
Oil and Forex Analysis – Hawkish Fed Williams, Oil prices soar, Hong Kong as a Petri Dish and the Procession to Recession
With US yields bouncing to the drumbeat of a hawkish Fed, we could expect stock markets to rejoin the procession to recession. ( read original story ...)
Hong Kong crowdfunding activities to be regulated so they do not endanger national security
Platforms might be required to be licensed and registered, and fundraisers expected to conduct due diligence prior to campaigns. ( read original story ...)
Hong Kong’s finance chief Paul Chan to lead vetting committee for election hopefuls as chief secretary post stays vacant for now
says pro-Beijing heavyweight Rita Fan Others in the same camp say the appointment hints that Chan has the central government's trust and is highly likely to remain in the next administration serving ... ( read original story ...)
Hong Kong chief executive election 2022: John Lee calls city’s finance industry double-edged weapon, legal system ‘polluted by politics’
Chief executive hopeful John Lee calls financial system 'sharp tool' to be used by or against city during meeting with Election Committee members Member of committee's legal subsector calls for Lee to ... ( read original story ...)
Citigroup’s Hong Kong Investment Bank Head Joining Jefferies, Sources Say
Citigroup Inc.’s head of Hong Kong investment banking, Aaron Chandrasakaran, is leaving to join Jefferies Financial Group Inc., according to people with knowledge of the matter. Most Read from ... ( read original story ...)
Standard Chartered, one of Hong Kong’s biggest banks, will exit seven markets in Africa, Middle East in latest revamp
The London-based lender will seek to focus solely on commercial and investment banking in another two African markets The bank wants to refocus and simplify its business in the region as part of its ... ( read original story ...)
Hong Kong police searching for man who brandished gun-like object inside bank and stole HK$14,000
Suspect reportedly took cash from teller at China Construction Bank (Asia) and jumped onto Ma On Shan-bound bus. ( read original story ...)
Citigroup’s Hong Kong Coverage Head Moving to Jefferies, Sources Say
Citigroup Inc.’s head of Hong Kong investment banking, Aaron Chandrasakaran, is leaving to join Jefferies Financial Group Inc., according to people with knowledge of the matter. Most Read from ... ( read original story ...)
Police investigating Yau Ma Tei bank robbery
Police is in search of a man who robbed a bank in Yau Ma Tei of HK$14,000 cash on Thursday afternoon. Officers said the suspect, believed to be ... ( read original story ...)