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Tag: banking

Posted on 01/01/2022

Anxious to retain talent, Hong Kong multinationals cover quarantine costs of expatriate staff who travel to visit families

'Quarantine subsidies' are a hefty financial burden for companies that rely on foreign employees Covid-19 travel restrictions have stopped many foreign employees from returning home for two years Some ... ( read original story ...)

Posted on 01/01/2022

Hong Kong Faces Price Spike; Texas Asks for Aid: Virus Update

Hong Kong faces higher prices for food and other daily necessities after the city’s biggest airline cut cargo flights while an adviser to the government urged a tightening of social distancing rules. ( read original story ...)

Posted on 01/01/2022

BOC Hong Kong Holdings All-Time High (Daily)

The all-time high/low of a security is the highest/lowest intraday, split-adjusted levels that a security has traded at since its inception. Read full definition. ( read original story ...)

Posted on 01/01/2022

Hong Kong Stocks Listing Superimposed On Commercial Operations, Desun Services Is Heading Towards “the Ocean of Stars”

On December 17, Desun Services was officially listed on the Hong Kong stock market. With Rapid Business Growth, Desun Services is "Transforming" The successful listing of Desun Services demonstrates ... ( read original story ...)

Posted on 01/01/2022

Hong Kong New Year Countdown Celebrations Welcome 2022 with the First-Ever Arts Spectacular across Victoria Harbour

Hong Kong's iconic Victoria Harbour lit up exceptionally bright as the city rings in 2022, taking its thriving art scene right to the global centre stage. ( read original story ...)

Posted on 01/01/2022

After a Lost Year, Where will Hong Kong Stocks Go in 2022?

By Kay Li Investing.com - It is not an overstatement to say that 2021 was a "lost year" for the Hong Kong stock market, especially for the technology and internet sector, which dragged the Hang Seng ... ( read original story ...)

Posted on 31/12/2021

HSBC completes first insurance backed receivables finance transaction

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments. ( read original story ...)

Posted on 31/12/2021

HSBC Gets Nod to Buy Remaining Stake in China Life Insurance JV

HSBC Holdings plc HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% stake in its China life insurance joint venture (JV) — HSBC ... ( read original story ...)

Posted on 31/12/2021

Hong Kong Is Increasingly Shut Off as Inbound Flights Drop

Hong Kong is becoming increasingly shut off from the outside world because of its strict Covid-19 policies as the city imposes a raft of flight bans and airlines slash inbound services. Cathay Pacific ... ( read original story ...)

Posted on 31/12/2021

Potential Omicron Cluster Clouds Hong Kong’s Virus-Free Days

Two Hong Kong residents have been preliminarily diagnosed with Covid-19, marking the first community spread of the virus in nearly seven months to people without a recent travel history or ties to the ... ( read original story ...)

Posted on 31/12/2021

HSBC Life China Gets Go-Ahead to Become China’s Third Wholly Foreign-Owned Life Insurer

Hong Kong and Shanghai Banking Corporation Life Insurance Company, also known as HSBC Life China, received the regulatory approval to become China’s third joint venture to turn into a wholly ... ( read original story ...)

Posted on 31/12/2021

Hong Kong stocks mark worst year in a decade, China edges up

SHANGHAI: Hong Kong stocks rose on Friday but marked their worst yearly performance in a decade following China's regulatory crackdowns on tech firms, while mainland-listed equities edged up thanks to ... ( read original story ...)

Posted on 31/12/2021

HSBC Gets Insurance Deal Nod in Sign of Easing China Relations

HSBC Holdings Plc. won regulatory approval to take full control of its life insurance venture in China after more than one and half years’ waiting, marking an initial success in mending frayed ... ( read original story ...)

Posted on 31/12/2021

Hong Kong editors charged with sedition, U.S. criticizes raid

Two former editors from a Hong Kong online pro-democracy news outlet were charged with sedition and denied bail Thursday, a day after one of the last openly critical voices in the city said it would ... ( read original story ...)

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