Tag: banking

Three former executives of Convoy Financial Service Holdings and a local broker were sentenced to up to seven months in prison, as Hong Kong wrapped up its four-year investigation into the city's ... ( read original story ...)

Children are Hong Kong residents, but single parents from mainland don’t qualify for one-way permits to let them stay, find jobs. ( read original story ...)

Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)

Alibaba Hong Kong Entrepreneurs Fund (AEF) and banking giant HSBC have invited startups to participate in an annual competition with prizes worth up to US$4million. ( read original story ...)

Chinese state-owned Yuexiu Property has pulled out of a proposed US$1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)

Three new entities priced their public debuts late Thursday and early Friday, including a SPAC, a traditional Nasdaq IPO and a Chinese biotech joining the Hong Kong Index. Shanghai-based Abbisko ... ( read original story ...)

Guangzhou government-backed Yuexiu Property dropped its offer to buy China Evergrande’s 26-storey office tower in Wan Chai over concerns about the embattled home builder’s hefty debts, Reuters ... ( read original story ...)

Hong Kong’s office rental market has started to recover after multiple quarters of decline, as the negative impact of the Covid-19 pandemic and social unrest in 2019 continue to fade, a recent report ... ( read original story ...)

Hong Kong stocks rose as the market reopened after a two-day pause, with BYD led Chinese carmakers higher on robust sales of electric vehicles in the mainland market. The Hang Seng Index climbed 0.8 ... ( read original story ...)

Moody's affirms Bank of Communications (Hong Kong)'s A2 deposit ratings; outlook changed to positiveRead the full article at Moody's ... ( read original story ...)

The spillover effect of China Evergrande Group's debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis at the ... ( read original story ...)

Hong Kong's main Hang Seng index finished higher on Friday after strong corporate earnings boosted U.S. shares, but investors were awaiting Chinese third-quarter economic data due Monday for clues to ... ( read original story ...)

Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)

Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building over worries about the developer's dire financial ... ( read original story ...)