Hong Kong plans to expand its trading link with the mainland to include southbound flows on bonds in early July, the Hong Kong Economic Journal reported, citing an unidentified source. ( read original story ...)
ByteDance, Caught In Middle Of US-China Tensions, Puts IPO Plans On Ice: Report
A possible IPO for TikTok's Chinese parent company ByteDance appears to still be a long way off. What Happened: According to the South China Morning Post ... ( read original story ...)
Hong Kong-Singapore air travel bubble to start on 26 May
The Hong Kong-Singapore agreement should unleash a torrent of pent-up demand from people eager to fly overseas and potentially do business in person after more than a year of the pandemic ... ( read original story ...)
Hong Kong anticipates GDP to significantly improve in Q1: Financial secretary
Screenshot of GT interview. Hong Kong SAR’s economic growth in the first three months of 2021 is expected to “significantl ... ( read original story ...)
Questor: HSBC is walking a tightrope between its London listing and its Asian heartland – we must sell
Questor share tip: decision to pin future on the Far East yet remain listed in the City puts it on a collision course with Western investors ... ( read original story ...)
Standard Chartered-backed virtual bank Mox wants to double its customer base in 2021, CEO says
Mox Bank, the virtual lender backed by Standard Chartered, expects to double its customer base this year having eclipsed 100,000 account holders in just eight months since its official debut, ... ( read original story ...)
Hong Kong rightfully becoming a green finance hub
Is turning green just a passing fad or is it an area with huge potential? To me, it's definitely the latter. Economic diversification is certainly a key component of sustainable economic development ... ( read original story ...)
DBS Bank and Contour to Expand Digital Trade Offerings in Australia, China, Hong Kong, Singapore
DBS Bank and Contour have expanded their digital trade offerings to four new markets in the Asia-Pacific (APAC) region. As mentioned in a release, digital letter of credit capabilities will be offered ... ( read original story ...)
Hong Kong Vaccine Bookings Double as Young Adults Sign Up
Hong Kong saw a jump in bookings for coronavirus vaccine appointments after eligibility was widened to all residents aged 16 and older, as the city works to boost inoculation rates seen as crucial to ... ( read original story ...)
Who defines ‘fake news’ in Hong Kong, and is a law needed? Calls for legislation spark fears of curbs on media, critics
City leader Carrie Lam has promised new legislation while police chief calls for more control, but an expert suggests education could be the answer instead. ( read original story ...)
Wells Fargo Joins Drift of Finance Jobs Away From Hong Kong
Wells Fargo (WFC) is the latest financial institution to scale down its Hong Kong presence after the city passed a much-loathed, vaguely worded National Security Law that effectively outlaws ... ( read original story ...)
Hong Kong fintech unicorn WeLab seeks IPO amid virtual bank boom
Last July, the company launched WeLab Bank -- the only stand-alone homegrown virtual bank in Hong Kong -- which offers time deposits and numberless debit-card services to local residents. ( read original story ...)
Top Glove slashes size of Hong Kong IPO to RM4.22 bil
Top Glove Corp, the world’s largest rubber glove maker, cut the size of its share sale in Hong Kong by nearly half of its earlier target. The company, whose shares are traded in Kuala Lumpur and ... ( read original story ...)
Wells Fargo plans to shift Asian hub from Hong Kong to Singapore
Wells Fargo, America’s fourth-largest bank by assets, has been quietly working on a plan to move its Asian regional hub from Hong Kong to Singapore as part of wider restructuring efforts. The move ... ( read original story ...)