is aiming to list some of his businesses in Hong Kong and the US to compete with industry powerhouses, putting more than US$10 billion of assets under the spotlight amid fissures in US-China relations ... ( read original story ...)
SPAC Bubble Fears Lead Hong Kong, Singapore Down Cautious Path
Hong Kong and Singapore are trying to get in on the boom in blank check company listings, while safeguarding investors from what some say is a bubble about to burst. ( read original story ...)
CBDCs: People’s Bank of China and the Hong Kong Monetary Authority Testing Digital Yuan
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have begun testing its central bank digital currency (CBDC) or digital yuan for cross-border transfers, according to a ... ( read original story ...)
Jackpot: Ten New Billionaires From IPOs In 2021
Despite the SPAC boom, far more entrepreneurs became billionaires this year through a good old-fashioned traditional IPO. ( read original story ...)
Namibia: State House Grilling Today for Vilho Over Hong Kong Account
"In light of current revelations about the minister of defence and veteran affairs, Hafeni Vilho, holding an undeclared bank account in Hong Kong with HSBC, allegedly linked to illicit proceeds ... ( read original story ...)
State House grilling today for Vilho over Hong Kong account
“In light of current revelations about the minister of defence and veteran affairs, Hafeni Vilho, holding an undeclared bank account in Hong Kong with HSBC, allegedly linked to illicit proceeds, ... ( read original story ...)
Webinar On Hong Kong Open-Ended Fund Companies Hosted By HSBC.
b. the legislative process to allow foreign investment funds to re-domicile to Hong Kong as an OFC is underway; c. an OFC may be distributed in the Greater Bay Area via the Wealth Management Connect; ... ( read original story ...)
‘Financial freedom’ costs US$4 million in Hong Kong, second only to London, data from property portal Juwai shows
The ability to retire comfortably and maintain an enviable lifestyle requires US$4.57 million in London and US$3.5 million in Shanghai, with Hong Kong in between, according to data compiled by ... ( read original story ...)
Why Hong Kong property market continues to entice investors despite yield compression
Investors have continued to pour money into Hong Kong’s real estate market even though the potential rental yield is lower than in other regional markets. Buyers have accepted yield compression by ... ( read original story ...)
A Week In Hong Kong On A $225,600 Joint Income
Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking ... ( read original story ...)
Hong Kong Customs Impounds 300 Crypto Mining GPUs from Smugglers
An intelligence-led anti-smuggling operation by the Hong Kong customs last Friday, April 2, has led to the interception of illegal crypto miners. The officials seized [...] ... ( read original story ...)
Record-setting $49 billion Asia IPO boom likely to taper off, shows data
Chinese fintech company Bairong Inc., which raised $507 million, delivered the worst debut in three years among $500-million-plus Hong Kong IPOs when it fell 16% on Wednesday. U.S.-listed Chinese ... ( read original story ...)
JD.com To Carve-Out Its Logistics Business Via IPO
The Company has submitted a spin-off proposal to the Hong Kong Stock Exchange under PN15, and the Hong Kong Stock Exchange has confi rmed that the Company may proceed with the Proposed Spin-off. ( read original story ...)
A Week In Hong Kong On A $225,600 Joint Salary
Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking ... ( read original story ...)