Sources say the frozen assets include all 70 per cent of Lai’s shares in his Next Digital media company and his holdings in three other firms. The total is worth US$64 million. ( read original story ...)
HK police freeze Jimmy Lai’s Next Digital shares, bank assets estimated at HK$300m
The Hong Kong Security Bureau has frozen all of media tycoon Jimmy Lai Chee-ying's shares in his Next Digital media company and his other bank assets under the national security law for Hong Kong, ... ( read original story ...)
Green group hauls HSBC over the coals
HSBC risks dangerous health fallout from investments in companies who plan to build new coal power plants, an environmental think-tank warned in a ... ( read original story ...)
Meng Wanzhou’s lawyers look to new HSBC documents to bolster bid to halt extradition
Lawyers for Meng Wanzhou will spend two days in B.C. Supreme Court next month trying to convince a judge to allow them to rely on newly discovered evidence as part of their bid to prevent the Huawei ... ( read original story ...)
Coronavirus: Hong Kong economy grows 7.9 per cent in first quarter, higher than forecast
Finalised data shows gross domestic product has risen slightly above expectations. Government economist paints optimistic full-year picture. ( read original story ...)
Hong Kong’s low jab rate threatens financial hub status
At the start of the coronavirus outbreak in January 2020, Hong Kong people were quick to respond, trying everything they could to keep the mysterious virus from mainland China at bay. They adopted ... ( read original story ...)
SoftBank and Temasek buy into JD Logistics IPO
JD Logistics plans to open its Hong Kong initial public offering for general orders as early as Monday, seeking to raise as much as $3.5 billion. SoftBank Vision Fund has agreed to buy $600 million of ... ( read original story ...)
JD Logistics $3.5 Billion IPO Draws SoftBank, Temasek
JD Logistics Inc. has attracted SoftBank Vision Fund and Temasek Holdings Pte as cornerstone investors in its Hong Kong initial public offering, people with knowledge of the matter said. ( read original story ...)
Hong Kong freezes listed shares of media tycoon Lai under security law
"at-above-post addthis_tool" data-url=" Twinnie Siu and Jessie Pang HONG KONG (Reuters) -Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares ... ( read original story ...)
Hong Kong freezes media tycoon Jimmy Lai’s assets
Hong Kong authorities on Friday announced they had frozen the assets of billionaire pro-democracy tycoon Jimmy Lai, including shares in his media publications, for breaching the city's national ... ( read original story ...)
Fitch Affirms Shanghai Commercial Bank at ‘A-‘; Outlook Stable
Fitch Ratings has affirmed Shanghai Commercial Bank Limited's (SCB) Long-Term Issuer Default Ratings (IDR) at 'A-'. ( read original story ...)
Fitch Places Chong Hing Bank’s Ratings on Watch Evolving
Fitch Ratings has placed Chong Hing Bank Limited's (CHB) Long-Term Issuer Default Rating (IDR) of 'BBB', Viability ... ( read original story ...)
Hong Kong Digital Bank livi selects Mastercard to offer BNPL product
The service provides an instant instalment option along with a virtual Mastercard debit card. The livi PayLater BNPL solution comes with automatic instalments and flexible repayment peu001friods ... ( read original story ...)
DBS Private Bank Offers Wealth Succession Planning for Cryptocurrencies
DBS Group said on Friday its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their succession plans. This is the ... ( read original story ...)