Hong Kong-based asset management companies will introduce more yuan share class funds to meet demand from mainland Chinese investors when the Wealth Management Connect scheme is launched, industry ... ( read original story ...)
Hong Kong national security police eye foreign collusion case against fund that paid out HK$243 million to protesters
Officers from National Security Department target 612 Humanitarian Relief Fund, which paid out HK$243 million to support anti-government protesters facing legal and economic issues. ( read original story ...)
Sunac Is Said to Mull Spinning Off Ski Resorts for Hong Kong IPO
Chinese developer Sunac China Holdings Ltd. is considering spinning off its indoor ski parks business for a Hong Kong initial public offering as early as next year, according to people familiar with ... ( read original story ...)
Finance chief stresses Hong Kong’s role in meeting Belt and Road financing needs
Hong Kong with great financial strengths can meet the financing needs of any Belt and Road project, Paul Chan, financial secretary of China's Hong Kong Special Administrative Region government, said ... ( read original story ...)
Hong Kong’s Hex Trust Secures Digital Custody License From MAS
Hex Trust, a Hong Kong-based digital asset custodian, has secured a CMS license from the Monetary Authority of Singapore (MAS). ( read original story ...)
Expect failures amongst Hong Kong’s virtual-only banks: S&P
Digital lenders are currently at a loss-making and some may fold over the next few years. Hong Kong’s virtual-only banks are set for losses for at least the next two years and several internet-based ... ( read original story ...)
Helens serves up Hong Kong listing
Bar chain kicks off IPO with an eye on future expansion, but comes amid growing scrutiny of drinking culture in China ... ( read original story ...)
Hong Kong’s Strict Quarantine Rules Threaten to Erodes Allure of Financial Hub
Hong Kong's government is facing growing pressure from business lobby groups to open borders or risk losing executives and investment as it shows no sign of easing one of the world's strictest ... ( read original story ...)
Hong Kong stocks fall as China’s services activity contracted, adding to slowdown concerns
Hong Kong and mainland stocks fall in early trading as China’s services activity contracted for the first time since February last year. ( read original story ...)
Citigroup Moves Closer to Full Office Capacity in Hong Kong
Citigroup Inc. plans to raise the capacity in its Hong Kong office to the highest level since the pandemic began, joining other global banks in ratcheting up a back-to-office push in the Asian ... ( read original story ...)
HSBC appoints former SBI chairman Rajnish Kumar as a non-executive director
He was previously appointed as senior adviser by Baring Private Equity Asia and an adviser to Kotak Investment Advisors ... ( read original story ...)
HSBC Asia Ropes In Former SBI Chairman Kumar As Director
His experience across India''s financial sector will be an invaluable addition to the board of the HSBC Group's Asian entity as it directs focus on the region, Hongkong and Shanghai Banking ... ( read original story ...)
Bank of China H1 profit rises 12per cent, biggest first half jump since 2013
Bank of China Ltd (BoC), the country's fourth-largest lender by assets, posted a 11.8per cent increase in first-half net profit on Monday, the biggest jump since 2013 as business activity recovered ... ( read original story ...)
SenseTime Files for IPO in Hong Kong. Why U.S. Investors May Want to Sit It Out.
SenseTime, a Chinese artificial intelligence company, is under U.S. scrutiny and could be included among companies that are off limits to U.S. investors. ( read original story ...)