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Tag: banking

Posted on 17/05/2021

Coronavirus: Hong Kong, Singapore put travel bubble on hold for second time amid city state’s spike in Covid-19 cases

The move comes on the heels of a morning meeting between Hong Kong commerce chief Edward Yau and Singapore transport minister S. Iswaran. ( read original story ...)

Posted on 17/05/2021

JD.com’s logistics arm seeks to raise up to $3.4bn in Hong Kong IPO

JD Logistics, the delivery unit of Chinese ecommerce group JD.com, will seek to raise up to $3.4bn in what would be one of Hong Kong’s largest initial public offerings this year. The company’s ... ( read original story ...)

Posted on 17/05/2021

Hong Kong’s Lai Pleads Guilty in Protest Case; Assets Frozen

Jimmy Lai, veteran activist Albert Ho and eight others will plead guilty in a protest-related trial beginning on Monday. ( read original story ...)

Posted on 17/05/2021

JD Logistics Launches Up to $3.4 Billion Hong Kong IPO

The logistics arm of JD.com is looking to raise as much as $3.4 billion through an initial public offering, in the latest Hong Kong listing linked to China’s booming e-commerce market. ( read original story ...)

Posted on 17/05/2021

JD Logistics kicks off marketing as it seeks up to US$3.4 billion in Hong Kong initial public offering

The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, ... ( read original story ...)

Posted on 17/05/2021

Hong Kong starts Reit subsidy plan to make up for lost decade as rival markets flourish from Singapore to Japan

The government has put into action a HK$270 million (US$35 million) plan to encourage property owners to cobble their assets together under real estate investment trusts as part of efforts to bolster ... ( read original story ...)

Posted on 17/05/2021

HSBC hopes to double profit from rich Hong Kong customers in five years by tapping Wealth Management Connect scheme

HSBC believes the upcoming Wealth Management Connect scheme will help it double its profit from high net-worth customers in Hong Kong over the next five years, according to a senior executive. The ... ( read original story ...)

Posted on 17/05/2021

JD Logistics Seeks Up to $3.4 Billion in Hong Kong IPO

JD Logistics Inc., the delivery arm of e-commerce giant JD.com Inc., is seeking to raise as much as HK$26.4 billion ($3.4 billion) in its Hong Kong initial public offering, seizing on China’s online ... ( read original story ...)

Posted on 16/05/2021

New Hong Kong regulations threaten to stifle financial hub

From limiting public access to corporate information to a potential travel ban, new rules and proposals by the Hong Kong government have raised concerns over the city's future as a free and open ... ( read original story ...)

Posted on 16/05/2021

Finance chief expects Hong Kong’s jobless rate to keep dropping

With a warming economy in the first quarter, Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) government, expects the jobless rate of the financial hub would ... ( read original story ...)

Posted on 16/05/2021

Hong Kong’s jobless rate will drop noticeably due to sharp rebound in economy, easing of Covid-19 situation, finance minister says

Paul Chan hopes unemployment and underemployment rates will fall sharply after city’s economy expanded by 7.9 per cent year on year in the first three months of 2021. ( read original story ...)

Posted on 16/05/2021

Hong Kong reports 4 new cases of COVID-19

Hong Kong Center for Health Protection CHP reported four new confirmed cases of COVID-19 on Sunday taking the total tally in th ... ( read original story ...)

Posted on 16/05/2021

Hong Kong Monetary Authority Reveals Implementation Roadmap for Ongoing Development of Open API Framework

The Hong Kong Monetary Authority (HKMA), which is Hong Kong’s central banking institution that reports directly to the Financial Secretary, has announced the implementation plans for the third and ... ( read original story ...)

Posted on 15/05/2021

Hong Kong freezes assets of media tycoon Lai under security law

Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares in his company, Next Digital - the first time a listed firm has been targeted by national ... ( read original story ...)

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