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Tag: banking

Posted on 02/10/2021

Hong Kong, the next green financial center of the world

Hong Kong must better integrate into national development and actively participate in dual circulation. Hong Kong is familiar with both the domestic market environment and the international ... ( read original story ...)

Posted on 02/10/2021

Is China’s High-Yield Real Estate Debt A Buy? This Asia Hand Says “Yes,” Selectively

So says Michel Lowy, CEO of SC Lowy, a privately-owned global financial services group that specializes in distressed and high-yield fixed income markets in Asia and Europe. “We are definitely adding ... ( read original story ...)

Posted on 02/10/2021

Hong Kong – Mainland China Briefing: Southbound Trading Of The Bond Connect Scheme Launched.

On 15 September 2021, the People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) jointly announced that southbound trading of the Bond Connect scheme (Southbound Bond Connect) would ... ( read original story ...)

Posted on 02/10/2021

Busiest summer for Asia IPOs on record with $56 billion in deals

Asia has had its best third quarter on record for initial public offerings, even with Hong Kong turning quiet as many firms put listing plans in the regional powerhouse on hold amid China’s sweeping ... ( read original story ...)

Posted on 02/10/2021

Hong Kong finance chief tight-lipped on potential leadership bid, issues emotional plea for city to ‘focus on healing as family’

Hong Kong has been through a tough two years and while people may have unique reasons for wanting to leave the city, it is time to focus on healing and coming together as a family and putting aside ... ( read original story ...)

Posted on 02/10/2021

Hong Kong start-up Fraction sells Thai beach villas and townhouses in US$150 tokens, making real estate affordable in bite-size slices

A Hong Kong-Thai start-up uses security tokens to help three Thai developers sell down their stakes in US$462 million condos, beach resorts. ( read original story ...)

Posted on 02/10/2021

Troubled Mount Kelly School to suspend operations at one Hong Kong campus

In an email to parents, Mount Kelly’s legal department suggested alternative preschools with available slots for affected pupils A troubled British private school in Hong Kong has announced plans to ... ( read original story ...)

Posted on 02/10/2021

Hong Kong Retail Banking – Competitor Benchmarking 2021

Pages Report] Check for Discount on Hong Kong Retail Banking - Competitor Benchmarking 2021 report by GlobalData. Hong Kong Retail Banking - Competitor Benchmarking 2021 Summary Despite ... ( read original story ...)

Posted on 01/10/2021

No timetable for Hong Kong anti-sanctions law, finance chief Paul Chan says

Hong Kong's top financial official has said there is no timetable to incorporate China's anti-sanctions law into the local legislative framework, in the strongest assurance yet to the business ... ( read original story ...)

Posted on 01/10/2021

Holdex Finance Kept Their Word: Listing News is Coming – One After Another!

Sale, HOLDEX Token Hits The Crypto Market...Hong Kong, Oct. 01, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) Equipped with innovative and modernized techniques in FinTech and DeFi, Holdex Financial ... ( read original story ...)

Posted on 01/10/2021

Hong Kong financial regulators to define premium financing standards

They plan to brief the industry and relevant stakeholders about the standards. The Hong Kong Monetary Authority (HKMA) and the Insurance Authority (IA) will engage the industry and relevant ... ( read original story ...)

Posted on 01/10/2021

Hong Kong freezes domestic helper wages for second straight year, officials point to coronavirus-hit economy as factor for denying pay rise

Minimum wage for foreign domestic workers to remain at HK$4,630 a month following annual government review, though food allowance is increasing. ( read original story ...)

Posted on 01/10/2021

From hero to zero: Why Hong Kong equity performance is the weakest in Asia?

Hong Kong stocks have gone from hero to zero with seemingly endless waves of regulations. Back in January 2021, Hong Kong was indeed the best performing Asian market. ( read original story ...)

Posted on 01/10/2021

Mox failure in Hong Kong highlights need to resonate with customers, says GlobalData

Mox Bank Limited (Mox), a virtual bank created by Standard Chartered in partnership with PCCW, HKT and Trip.com, failed to make a mark in the Hong Kong banking market. The failure highlights that the ... ( read original story ...)

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