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Tag: banking

Posted on 27/01/2022

Logistics Startup GogoX Wins Hong Kong Exchange Approval for IPO

GogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said. ( read original story ...)

Posted on 27/01/2022

BOC Hong Kong (OTCMKTS:BHKLY) Hits New 52-Week High at $78.58

Limited (OTCMKTS:BHKLY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $78.58 and last traded at $78.58, with a volume of 4201 shares trading hands. The stock ... ( read original story ...)

Posted on 27/01/2022

Year of the Tiger: HSBC, Hang Seng Bank to give staff HK$500 each in electronic lai see

HSBC and its Hang Seng Bank unit will set aside HK$15 million (US$2 million) between them to pay their 30,000 employees a ceremonial lai see on the eve of the Year of the Tiger in the lunar calendar, ... ( read original story ...)

Posted on 27/01/2022

Hong Kong to shorten 21 day quarantine requirement for arrivals to 14 days

Hong Kong will cut quarantine for arriving travellers to 14 days from 21, starting from Feb 5, leader Carrie Lam said on Thursday (Jan 27), a move that follows intense lobbying from finance executives ... ( read original story ...)

Posted on 27/01/2022

Year of the Tiger: Citi and other Hong Kong banks hand out electronic lai see as pandemic halts annual ritual

Citi handed out HK$688 on Wednesday to 4,500 employees ahead of the Year of the Tiger, which begins on February 1 HSBC and its Hang Seng Bank subsidiary will remit an electronic lai see of HK$500 to ... ( read original story ...)

Posted on 27/01/2022

Hong Kong To Cut Quarantine From 3 To 2 Weeks For Foreign Arrivals

Hong Kong will cut quarantine for arriving travellers to 14 days from 21, starting from February 5, leader Carrie Lam said on Thursday, after pressure from finance executives and foreign diplomats, ... ( read original story ...)

Posted on 27/01/2022

Azmin: Genting Hong Kong bankruptcy has no impact on Malaysian economy

The Genting Hong Kong bankruptcy has no impact on the country’s liquidity and economic growth, said Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali. ( read original story ...)

Posted on 27/01/2022

HSBC, Hang Seng Bank to give staff HK$500 each in electronic lai see to mark the Year of the Tiger

HSBC and its Hang Seng Bank subsidiary will remit an electronic lai see of HK$500 to each of their 30,000 employees on the eve of the Year of the Tiger BOCHK will also pay an e-lai see of an ... ( read original story ...)

Posted on 27/01/2022

HSBC and Wunderman Thompson Hong Kong make new goals possible via 1.23 Go Goal Day campaign

The new year is a time of hope. At the start of the year, HSBC and Wunderman Thompson Hong Kong have launched a 1.23 Go Goal Day campaign to empower Hongkongers to pursue their dreams, and open up a ... ( read original story ...)

Posted on 27/01/2022

HSBC HOLDINGS: Pauline van der Meer Mohr, Irene Lee to Step down from Board by End-Apr

HSBC HOLDINGS (00005.HK) announced that Pauline van der Meer Mohr and Irene Lee will retire from the Board at the conclusion of the Company’s Annual General Meeting to be held on 29 April 2022. ( read original story ...)

Posted on 27/01/2022

Hong Kong risks exodus over extended COVID-19 isolation, Euro chamber says

Hong Kong may not reopen until early 2024 because of its strict COVID-19 policies, which could trigger an exodus of foreign firms and staff and jeopardise the city's role as a financial hub, its ... ( read original story ...)

Posted on 27/01/2022

Hong Kong Covid Isolation Could Last to 2024, Euro Chamber Says

Hong Kong’s zero-tolerance approach to Covid-19 could keep the Asian financial hub cut off from most of the world until 2024 and fuel a large-scale exodus of international workers and executives, ... ( read original story ...)

Posted on 26/01/2022

Global coalition of parliamentarians call for crackdown on HSBC’s financing of Uyghur abuses

Parliamentarians across the European Union, United Kingdom, India, Australia and Canada have called on their governments to block investors from bankrolling firms perpetrating forced labour abuses in ... ( read original story ...)

Posted on 26/01/2022

Hong Kong Penalizes Tianhe Executive in Long-Running IPO Scandal

Authorities sanctioned Wei Xuan over the 2014 listing of the Chinese chemicals company, closing a chapter in a saga that had already seen big U.S. and European banks punished. ( read original story ...)

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