China has seen an increasing use of the RMB in trade settlement since the People’s Bank of China (PBOC) allowed for the first time China’s cross-border trade to be settled in RMB. ( read original story ...)
JPMorgan’s Dimon says Hong Kong’s COVID-19 rules make it harder to retain staff
JPMorgan Chase & Co Chief Executive Jamie Dimon said he believed Hong Kong's strict pandemic measures are making it tougher for the investment bank to retain staff in the financial hub, Bloomberg News ... ( read original story ...)
Hong Kong needs further reforms to attract more biotech, health care firms to raise funds, says government advisory
Further reforms are needed if Hong Kong is to attract more health care and biotechnology companies looking to raise funds, according to a study released on Monday. The Financial Services Development ... ( read original story ...)
Chinese Startup Meicai Picks Banks for Hong Kong IPO
Meicai, a Chinese startup that connects restaurants with vegetable producers, has picked banks for its proposed Hong Kong initial public offering, according to people with knowledge of the matter. ( read original story ...)
Hong Kong Blockchain Unicorn Startup Animoca Brands Joins Forces With K-Pop Agency To Make NFTs
Animoca Brands has teamed up with Cube Entertainment, home to the likes of girl group (G)I-dle and boy band BTOB. ( read original story ...)
Hong Kong stocks log longest winning streak since February on China easing bets while liquidity concerns undermine developers
Hong Kong stocks gained for the fifth day, as several reports on China’s economy failed to show a meaningful recovery this quarter, strengthening policy easing bets. The Hang Seng Index rose 0.3 per ... ( read original story ...)
Hong Kong mandates banks for green bond deal – term sheet
Hong Kong is testing the market's appetite for a U.S. dollar and euro-denominated green bond, according to a term sheet seen by Reuters on Monday. By Scott Murdoch HONG KONG, Nov 15 (Reuters) - Hong ... ( read original story ...)
Hong Kong stocks drop as China reports signal weak growth while liquidity concerns undermine developers
Hong Kong stocks fluctuated as China's economic reports for October showed little signs of meaningful recovery this quarter, strengthening policy easing bets. Property stocks weakened as liquidity ... ( read original story ...)
As the world’s post-Covid recovery takes off, a closed Hong Kong is poorer than it thinks
I felt rather privileged to receive a note from the chairman and CEO of British Airways to tell me a historic event had occurred: the vast majority of people in the UK, fully vaccinated and with a ... ( read original story ...)
Hong Kong Stock Market Tipped To Extend Winning Streak
The Hong Kong stock market has finished higher in four straight sessions, advancing more than 560 points or 2.3 percent along the ... ( read original story ...)
Business technology 2022: Over confidence will let many firms down
How will technology alter through the course of 2022 and how different will the results be compared with similar predictions made about 2021? One company stepping forward to offer advice as to what ... ( read original story ...)
Allfunds Names Head Of Hong Kong Operation
Allfunds, the funds platform organisation, has appointed Sebastien Chaker as head of its Hong Kong business, having opened an office in the Asian jurisdiction a year ago as part of expansion moves ... ( read original story ...)
China regulator proposes cybersecurity review for some Hong Kong IPOs
China's cyberspace regulator on Sunday proposed requiring companies pursuing share listings in Hong Kong to apply for cybersecurity inspections if they handle data that concerns national security. ( read original story ...)
Coronavirus: Hong Kong’s bars and restaurants unfairly punished in Covid-19 fight, leading nightlife tycoon says
The man behind Hong Kong's most popular nightlife district has claimed the city's bars and restaurants are being unfairly punished because some customers refuse to comply with measures to control the ... ( read original story ...)