Hong Kong plans to issue as much as HK$13 billion ($1.7 billion) of inflation-linked bonds and silver bonds to encourage residents to take part in the city’s financial development, according to ... ( read original story ...)
Covid forces Hong Kong elite to stay home and consider uncertain future
Others have ploughed money into stocks. Clients in Hong Kong were sitting on a lot of cash when the pandemic started, says Roger Bacon, regional investments head of Citi Private Bank Asia-Pacific. ( read original story ...)
Hong Kong to issue new iBonds with guaranteed interest rates Hong Kong to issue new iBonds with guaranteed interest rates
“In these days of zero interest rates, you will make the iBond much more attractive than a bank deposit,” he said. Hong Kong’s government is seeking to issue the new bonds after saying last month that ... ( read original story ...)
Macau’s ambitious plan to turn itself into a Greater Bay Area entertainment, finance hub runs into Covid-19 difficulties
While analysts and industry observers agree on Macau’s need to diversify its economy from gaming, they say the city has to find a financial niche for itself. ( read original story ...)
How Ant Group plans to pull-off world’s largest ever dual IPO in Hong Kong and Shanghai amid coronavirus pandemic
Ant Group and its advisers are getting creative as they attempt to score the world’s largest initial public offering amid a coronavirus pandemic as well as a first-of-its-kind simultaneous listing in ... ( read original story ...)
Virtual banking takes shape in Hong Kong
As they grow their business in Hong Kong, virtual banks also need to ensure that their backend processes such as anti-money laundering and know your customer checks are robust. ( read original story ...)
How Ant Group plans to pull-off world’s largest ever dual IPO in Hong Kong and Shanghai amid Covid-19 pandemic
Ant Group and its advisers are getting creative as they attempt to score the world's largest initial public offering amid a coronavirus pandemic as well as a first-of-its-kind simultaneous listing in ... ( read original story ...)
China Anniversary Arrests As Hong Kong Leader Hails ‘Return To Peace’
Dozens of democracy supporters were arrested in Hong Kong Thursday for defying a protest ban as the city marked China's National Day and its leader hailed Beijing's new security law for restoring ... ( read original story ...)
Financial Services Recruitment Hong Kong – Turbulent Times Are Calling for Reliable, Smart Thinkers to Join the Financial Services Sector in HK
Hong Kong has seen a shift in the economic landscape over the past few months to a year. With radical innovation, growing competition and continually changing regulations the disruption faced by Hong ... ( read original story ...)
How Can Hong Kong Weather the Storm of Plunging Property Prices?
Between COVID-19 and the new national security law, foreign investors may be losing their taste for the Hong Kong market. ( read original story ...)
Secrecy and speed: Inside Ant Group’s unusual IPO process
Ahead of what's likely to be the world's largest initial public offering, China's Ant Group Co Ltd is asking lead bankers to personally sign confidentiality pacts and pressing some investors to ... ( read original story ...)
Europe lags a resurgent global IPO market
The amount raised by European companies listing on the stock market fell by a third in the first nine months of the year, in contrast with Asia and the United States where an abundance of technology ... ( read original story ...)
Exchange Outage is Latest Blow to Tokyo’s Financial Hub Dreams
The unprecedented outage that scrapped trading on the Tokyo Stock Exchange for the entire day Thursday is the last thing local authorities need at a time when Japan is seeking to reinvent the capital ... ( read original story ...)
“Bloody” battle under way between Hong Kong’s virtual banks and traditional lenders as four new players join overcrowded market
Competition between traditional lenders and a new breed of branchless banks is heating up in Hong Kong as four new players join an overcrowded market in just two weeks.Ping An OneConnect Bank ... ( read original story ...)