Hong Kong customs seizes cocaine haul worth $13M

Much of that is bound for mainland China or Southeast Asia where drug laws tend to be much stricter. Meanwhile, Hong Kong's large population of finance workers, lawyers and others in well-paid white ... ( read original story ...)

Hong Kong to cap securities margin financing

HONG KONG, April 4 (Reuters) - Hong Kong’s financial markets watchdog plans to limit the amount brokers can lend against shares to five times their capital. Margin financing is an important source of ... ( read original story ...)

Cancer Treatment Firm Plans Hong Kong IPO

Hygeia, a Chinese radiotherapy equipment maker backed by Warburg Pincus, is planning a Hong Kong initial public offering that could raise about $200 million, people with knowledge of the matter said. ... ( read original story ...)

StanChart sets up virtual bank team

Standard Chartered Hong Kong chief executive Mary Huen Wai-yi said the bank has set up a team of 100 staff for its new virtual bank, and expects that it will recruit even more diversified talent from ... ( read original story ...)

Shanghai IPO funds tipped to top HK

but chief executive of Hong Kong Exchanges and Clearing (0388) Charles Li Xiao-jia said this should not be used as a benchmark measuring the initial public offering market.Deloitte estimated that Hong ... ( read original story ...)

Obsolescent Hong Kong lenders get a virtual kick

Hong Kong's lenders have been given a digital wake-up call. The city's financial regulator granted its first online-only licences last week, hoping to revamp a lucrative but laggard retail banking ... ( read original story ...)