Victim transferred cryptocurrency to e-wallet account in exchange for what turned out to be fake banknotes Police urge public to stay alert while meeting strangers to conduct transactions and use ... ( read original story ...)
China’s central bank to issue 25b yuan of bills in Hong Kong
BEIJING - China's central bank plans to issue 25 billion yuan ($3.69 billion) worth of bills in Hong Kong next Monday. The central bank bills will be issued in two batches. One batch is worth 10 ... ( read original story ...)
Can Hong Kong property help investors ride out inflation?
The favourable fundamental structure of Hong Kong's real estate sector and steady supply-and-demand dynamics make it attractive to investors As quarantine restrictions continue to be eased, Hong ... ( read original story ...)
Hang Seng Bank seeks new insurance partner—report
The bancassurance partnership could value more than $100m. Hong Kong-based lender Hang Seng Bank is looking for a new insurance partner after its existing agreement with QBE Insurance Group Ltd., has ... ( read original story ...)
China’s central bank to issue 25 bln yuan of bills in Hong Kong
China's central bank plans to issue 25 billion yuan (about 3.69 billion U.S. dollars) worth of bills in Hong Kong next Monday. The central bank bills will be issued in two batches. One batch is worth ... ( read original story ...)
China’s central bank to issue 25 bln yuan of bills in Hong Kong
China's central bank plans to issue 25 billion yuan (about 3.69 billion U.S. dollars) worth of bills in Hong Kong next Monday. The central bank bills will be issued in two batches. One batch is worth ... ( read original story ...)
HK’s accounting watchdog looks into China Evergrande’s financial statements
The council has also started looking into the audit carried out by PricewaterhouseCoopers (PwC) on the Evergrande Property Services 2020 Annual Accounts. ( read original story ...)
HK’s accounting watchdog looks into China Evergrande’s financial statements
The council has also started looking into the audit carried out by PricewaterhouseCoopers (PwC) on the Evergrande Property Services 2020 Annual Accounts. ( read original story ...)
Hong Kong’s Magic Empire stock rallies 77% after plunging 93% last week (Update)
Hong Kong-based Magic Empire stock (MEGL) rocketed 77% on Monday after plunging last week in the wake of a spectacular $20M US initial public offering ... ( read original story ...)
Hong Kong’s ETF IPOs slammed by market volatility, China worries
Hong Kong’s exchange-traded fund listings fell in the first half of the year and funds raised plunged 87.3% amid global market volatility, with the outlook for the second half clouded by a risk-off ... ( read original story ...)
Hong Kong’s audit watchdog expands probe into embattled China Evergrande’s property services unit
Hong Kong’s audit watchdog extends probe into China Evergrande’s property services unit as questions loom over its 13.4 billion yuan deposit guarantee, first disclosed in July. ( read original story ...)
China cuts rates as lockdowns and a real estate crisis take their toll
China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. ( read original story ...)
Tencent, SMIC, PetroChina lead stock slide in Hong Kong on weak China data while US delisting risk, Taiwan tensions keep brewing
Data on July industrial production and retail sales came in below consensus estimates while US delisting risk and Taiwan tensions remain in focus Li Auto and Sunny Optical both retreat before ... ( read original story ...)
Coronavirus: Hong Kong finance chief says ‘3+4’ quarantine arrangement will help boost economy despite downgraded forecast
'I noticed that the relevant arrangements have been welcomed by various groups both locally and overseas,' Paul Chan says on his blog City records 4,979 new Covid-19 cases, 215 of which were imported; ... ( read original story ...)