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Tag: banking

Posted on 09/01/2021

Hong Kong budget 2021-22: finance chief Paul Chan reserved on cash handouts, cites Covid-19 pandemic challenges

Financial secretary says he expects first half of new year to remain challenging, with 2020 figures on track for a full annual economic contraction. ( read original story ...)

Posted on 09/01/2021

Aaron Kwok on HSBC Jade’s Bespoke Wealth Management Solutions

Endorsed by “Heavenly King” Aaron Kwok, the bespoke wealth-management solutions of HSBC Jade are here to cater for your every financial need. ( read original story ...)

Posted on 08/01/2021

HSBC Picks 10 Positives and Perils for Emerging Markets in 2021

Emerging markets proved resilient in 2020 despite the coronavirus pandemic, recouping the losses from March’s crash to end the year in positive territory. ( read original story ...)

Posted on 08/01/2021

Hong Kong Housing Authority expects to record HK$8 billion surplus next financial year, with outlook ‘healthy’ in spite of dip

The authority expects to spend HK$115.7 billion in the five-year period up to the 2024-25 financial year to build around 100,000 flats. But some 200,000 flats will need to be buil ... ( read original story ...)

Posted on 08/01/2021

China’s major telcos in Hong Kong take a beating ahead of Trump’s investment ban

Stock index giants MSCI and FTSE Russell said they would remove three Chinese telecommunications giants' Hong Kong-traded shares from widely followed indexes. ( read original story ...)

Posted on 08/01/2021

South Korea’s IPO Market Poised for Record Year on Booming Retail Demand

South Korea is set for the busiest year ever for new share sales as companies ranging from a digital bank, game developer to an electric car battery maker rush to take advantage of robust retail ... ( read original story ...)

Posted on 08/01/2021

Hong Kong Releases Detained Democrats, But Holds Onto Passports

Hong Kong police have not yet charged any of the more than 50 democracy advocates arrested this week under controversial national security legislation, but did seize their passports and travel ... ( read original story ...)

Posted on 08/01/2021

Beijing Sends Biden Stark Message with Hong Kong Crackdown

China’s unprecedented arrest of dozens of leading Hong Kong opposition figures illustrates the depth of Joe Biden’s challenges with Beijing. By the time he becomes U.S. president, there might not be ... ( read original story ...)

Posted on 08/01/2021

Mass Hong Kong Arrests Of Legislators And Activists Show Why Bitcoin Is Essential

Bitcoin is essential for situations like this: an option that is censorship resistant, international, and portable by default, in a world where states apply their powers broadly and ambiguously. ( read original story ...)

Posted on 08/01/2021

SoftBank’s Son Is Poised for Another IPO Windfall in 2021

SoftBank Group Corp. is preparing to take at least six more of its portfolio companies public this year, building on a 2020 turnaround that pushed the value of Masayoshi Son’s technology conglomerate ... ( read original story ...)

Posted on 08/01/2021

Mass Hong Kong Arrests Of Legistators And Activists Shows Why Bitcoin Is Essential

Bitcoin is essential for situations like this: an option that is censorship resistant, international, and portable by default, in a world where states apply their powers broadly and ambiguously. ( read original story ...)

Posted on 07/01/2021

Hong Kong firm reveals new bank card for B2B payments

A payment services firm in Hong Kong has unveiled its new bank card aimed at commercial customers in the region. Read more about the international payments market with our money transfers news. ( read original story ...)

Posted on 07/01/2021

With businesses hammered by social-distancing measures, Hong Kong unemployment rate to rise again: government economist

But while further Covid-19 relief measures can be expected in next month’s budget address, they will be of the targeted variety, says Andrew Au Sik-hung. ( read original story ...)

Posted on 07/01/2021

Joshua Wong Joins Hong Kong Dissidents Arrested For ‘Subversion’

Jailed dissident Joshua Wong Thursday joined the ranks of Hong Kong democracy figures arrested under a new security law as the United States threatened fresh sanctions in response to Beijing's ... ( read original story ...)

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