Stocks are set to log another winning week, buoyed by a rally of Chinese property developers. China says it will support first-time homebuyers while banks are easing mortgage financing. ( read original story ...)
Evergrande and PwC in Hong Kong regulator’s crosshairs
As if the debt problems of China Evergrande Group were not bad enough, the world’s most indebted property firm and its auditor PwC, one of the Big Four accounting firms, are being probed by Hong ... ( read original story ...)
Bank of China (Hong Kong) Limited – Update
Hong Kong banks’ operating environment is supported by expectations of steady economic recovery. Capital and liquidity – the key ... ( read original story ...)
Hong Kong SPACs: Five Things You Need To Know.
The “SPAC”-ulation is over! On September 17, 2021, the Stock Exchange of Hong Kong Limited (the Stock Exchange) issued a much anticipated consultation paper on Special Purpose Acquisition Companies ... ( read original story ...)
Hong Kong’s ‘Walk Up Jardine House’ event logs 50 million steps to raise HK$2.7 million for mental health charity
Traditional hike up Jardine House in Central is dropped for the pandemic, with competitors clocking steps on walking machines instead. ( read original story ...)
Hong Kong Monetary Authority and People’s Bank of China Join Together on Fintech Innovation and Supervision
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China have solidified their relationship in a memorandum of understanding (MOU) that seeks to combine innovation and supervision ... ( read original story ...)
Asian Markets Mixed, Hong Kong Drops As Evergrande Sale Fails
Asian markets were mixed Thursday as investors weighed more positive earnings against ongoing concerns about inflation and central bank tapering, while Hong Kong dropped along with Evergrande after ... ( read original story ...)
HSBC Share Price Forecast as Evergrande Crisis Mounts
The HSBC share price will be in the spotlight on Thursday as the Evergrande crisis moves back to the limelight. ( read original story ...)
Hong Kong stocks fall as Alibaba, Evergrande, retreat while traders eye policy easing signals amid China slowdown
Stocks decline as Alibaba pares rally while traders hope for policy-easing signals from Beijing amid a slowdown. Evergrande slumps after another failed attempt to raise cash to repay creditors. ( read original story ...)
Overbought Hang Seng Has Positive Lead For Thursday
The Hang Seng Index now sits just above the 26,130-point plateau and it's looking at another green light again for Thursday's trade. The global forecast for the Asian markets is cautiously optimistic ... ( read original story ...)
Galaxy invests US$15.6mln in Macau-issued green bonds
Macau casino operator Galaxy Entertainment Group Ltd says it has invested in September, CNY100 million (US$15.6 million) in so-called “biodiversity themed green bonds” issued by Bank of China Ltd (BOC ... ( read original story ...)
How SMEs can take advantage of HK’s digital financial system
In June 2021, the Hong Kong Monetary Authority (HKMA) announced the Fintech 2025 initiative to encourage the financial sector to adopt technology comprehensively by 2025. This governmental push is ... ( read original story ...)
How This Bank’s Hong Kong Office Is Repurposing Food Waste For Urban Farms
One of DBS Bank's offices in Hong Kong is taking action on food waste, turning it into compost to grow fresh produce at its urban farm. ( read original story ...)
Hong Kong government keen on public to take part in US$22.5 billion green bond issuance programme
Some of the HK$175.5 billion (US$22.5 billion) bond issuances will be open to the general public to allow them ‘to reap the benefits’ of sustainable development. ( read original story ...)