With the US Fed forecasting at least six more increases this year, and more to follow, the city being pegged to the US dollar is bound to feel their cumulative effect The US Federal Reserve raised ... ( read original story ...)
Hong Kong study says reopening of international travel to have little impact on future COVID-19 transmissions
The full reopening of international travel in Hong Kong will have "little marginal impact" on the spread of COVID-19, an academic study said on Tuesday (Mar 22), as the financial hub begins to unwind ... ( read original story ...)
Abraham Tachjian to lead open banking initiative
Tachjian, a director with PwC Canada’s financial services practice, helped found Mox Bank, a digital bank in Hong Kong. He was previously director of digital banking with Standard Chartered Bank in ... ( read original story ...)
HSBC acquires first metaverse property in The Sandbox
The Hong Kong-based bank has made its first purchase in the metaverse, joining peer, JP Morgan, as it makes inroads in the world of virtual assets. ( read original story ...)
Hong Kong’s top scientsts urge shift from Beijing’s zero-COVID strategy
Hong Kong's top scientists urged the government on Tuesday to transition from China's zero-COVID strategy before the next outbreak unless the financial hub wants to be a "closed port forever". ( read original story ...)
Hong Kong’s top scientsts urge shift from Beijing’s zero-Covid
Hong Kong's top scientists urged the government on Tuesday to transition from China's zero-Covid strategy before the next outbreak unless the financial hub wants to be a "closed port forever". ( read original story ...)
Hong Kong study says reopening international travel to have little impact on COVID transmission
The full reopening of international travel in Hong Kong will have “little marginal impact” on the spread of COVID-19, an academic study said on Tuesday, as the financial hub begins to unwind strict ... ( read original story ...)
Hong Kong Covid Shift Won’t Move China, Xi’s Virus Czar Says
China should stick to its strict Covid Zero strategy, according to the country’s top virus expert, whose comments contrast with signals that the approach is being tweaked to ease economic pain even as ... ( read original story ...)
Three steps Hong Kong must take to revive its economy and restore its global reputation
After its mishandling of Omicron, Hong Kong needs a programme of damage control to regain investor confidence and bring stability back to residents' lives That means building economic resilience, ... ( read original story ...)
After Grab’s back door US listing, will SPACs take off in Hong Kong and Singapore?
Listings of special purpose acquisition companies are gaining momentum in both Asian financial hubs, injecting life into the bourses – but will the buzz last? ( read original story ...)
Losing Streak May Continue For Hong Kong Stock Market
Hong Kong & China Gas jumped 1.57 percent, Industrial and Commercial Bank of China slumped 0.86 percent, JD.com stumbled 1.97 percent, Li Ning soared 2.56 percent, Longfor tumbled 3.35 percent, ... ( read original story ...)
A game changer? Hong Kong leader performs ‘difficult balancing act’ on easing strict Covid-19 measures
Lifting of flight ban partly result of rare plea from more than half of Carrie Lam's de facto cabinet in an attempt to retain city's status as international finance hub, sources say Observers say they ... ( read original story ...)
Hong Kong to ease some Covid restrictions, lift flight ban from April
There may be the tiniest flicker of light at the end of a very dark Covid-19 tunnel in Hong Kong. The Hong Kong government has confirmed that from next month, it will ease some restrictions and lift a ... ( read original story ...)
State Street’s SSGA set to lose $14 bln Hong Kong ETF mandate -sources
Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp STT.N unit State Street Global Advisors (SSGA) as manag ... ( read original story ...)