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Tag: banking

Posted on 20/02/2022

Hong Kong ‘will be fine’ Standard Chartered CEO says, has no plans to shift staff over Covid-19 policies

He noted the lender’s new digital-only bank in Singapore will use technology developed through Mox, its Hong Kong virtual bank. “There’s not a material impact on our business from the mobility ... ( read original story ...)

Posted on 19/02/2022

Various sectors in Hong Kong gear up to take anti-pandemic measures

Representatives of various sectors in Hong Kong on Friday expressed their support for the fight against the COVID-19 pandemic at an online meeting, pledging to rally resources and join the ... ( read original story ...)

Posted on 19/02/2022

Coronavirus: Beijing loyalists in Hong Kong weigh options on whether to attend top legislature and advisory body meetings

Some who wear an extra hat as a legislator in the city are concerned whether it is advisable to be away when Hong Kong is battling a surge in coronavirus infections, noting that the financial chief is ... ( read original story ...)

Posted on 19/02/2022

New Prudential CEO may be based outside Hong Kong initially: spokesperson

LONDON- The incoming chief executive of Asia-focused insurer Prudential may be based outside Hong Kong initially, a spokesperson said on Friday, as the financial hub grapples with a surging COVID-19 ... ( read original story ...)

Posted on 19/02/2022

Mainland experts attend meeting on Hong Kong’s epidemic prevention, control work

(Xinhua) A delegation of mainland epidemiological experts met here on Friday with the health officials and experts of the Hong Kong Special Administrative Region (HKSAR) over ways to better assist the ... ( read original story ...)

Posted on 19/02/2022

Analysis: Hong Kong’s ‘zero-COVID’ success now worsens strains of Omicron spike

In return, most people in the global financial hub could go about their work and social lives with few restrictions. The government leader, Chief Executive Carrie Lam, has said Hong Kong "cannot ... ( read original story ...)

Posted on 19/02/2022

Xi’s zero-Covid message has implicit warning against Hong Kong drifting from the mainland

Hong Kong officials have indicated that citywide mandatory testing ... If she chooses to drop out, the smart money would be on Paul Chan Mo-po, the city's financial secretary. Wang Xiangwei is a ... ( read original story ...)

Posted on 18/02/2022

Hong Kong’s future unclear as leadership election, lacking front-runner, is delayed by COVID-19

All of the city's leaders have been backed by Beijing and chosen by a small committee stacked with Beijing loyalists ... ( read original story ...)

Posted on 18/02/2022

Hong Kong, China Announce Cross Border Fintech Initiative

The Hong Kong Monetary Authority (HKMA) and People’s Bank of China (PBoC) have announced that they are accepting applications from financial institutions and Fintechs for conducting pilot trials of ... ( read original story ...)

Posted on 18/02/2022

Hong Kong leader election postponed as city battles COVID surge

HONG KONG (Reuters) - The election of Hong Kong's chief executive, scheduled to be held in March, will be postponed to May as the Asian financial hub battles to control an accelerating surge in ... ( read original story ...)

Posted on 18/02/2022

Thousands flee to Mainland China as Hong Kong outbreak widens

(Bloomberg) -- Chinese residents in Hong Kong are racing to get back to the mainland to get away from the financial hub’s worsening Covid outbreak, posing a challenge for officials fearful of ... ( read original story ...)

Posted on 18/02/2022

HKMA instructs Hong Kong’s 165 banks to allow only vaccinated staff in branches and offices, stepping up government’s vaccine pass policy

The de facto central bank "strongly encourages" banks to admit only staff who have received at least one vaccine shot into their workplace, the Hong Kong Monetary Authority (HKMA) said. Banks have two ... ( read original story ...)

Posted on 18/02/2022

J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO

Ho Ching, wife of Singapore Prime Minister Lee Hsien Loong, executive director and CEO of Temasek ... [+] Holdings attends a press conference in Singapore on February 6, 2009. (ROSLAN RAHMAN/AFP via ... ( read original story ...)

Posted on 18/02/2022

Thousands flee to mainland China as Hong Kong Covid-19 outbreak widens

HONG KONG, Feb 18 (Bloomberg): Chinese residents in Hong Kong are racing to get back to the mainland to get away from the financial hub’s worsening Covid-19 outbreak, posing a challenge for officials ... ( read original story ...)

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