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Tag: finance

Posted on 15/09/2024

Hong Kong’s HK$50 billion Silver Bonds issue a ‘win-win investment’, says Paul Chan

Financial Secretary Paul Chan says bonds will offer elderly residents a safe and reliable place to park their money Hong Kong's finance chief has hailed a coming government issue of HK$50 billion ...

Posted on 15/09/2024

Malaysia to wait for Hong Kong’s policy direction on Islamic finance before helping: envoy

Consul General Muzambli Markam also says city can learn to better accommodate Middle Eastern consumer behaviour preferences Hong Kong must provide a "clear direction" for how it wants to develop its ...

Posted on 15/09/2024

Hong Kong’s financial regulator weighs new licensing rules for OTC crypto firms

Hong Kong’s financial regulator is considering a new licensing regime for cryptocurrency over-the-counter (OTC) trading services. According to a South China Morning Post report citing unnamed sources, ...

Posted on 14/09/2024

HSBC HOLDINGS (00005.HK) New CEO Emphasizes Cost Discipline at HK Staff Meeting, Plans Talks with Govt Officials Before Departure

HSBC HOLDINGS (00005.HK) new CEO Georges Elhedery emphasized cost discipline at his first staff meeting in Hong Kong, Bloomberg reported, citing sources. He told employees that the... HSBC HOLDINGS ...

Posted on 14/09/2024

Hong Kong investors and listed companies wage a war of independence – over board directors

Independent non-executive directors are in focus after the stock market operator proposed a limit on the number of seats they can hold On a Sunday night in June 2019, Abraham Razack faced a dilemma.

Posted on 14/09/2024

Hong Kong’s Cathay Pacific completes HK$1.53 billion buy-back in warrants from government

Hong Kong flag carrier Cathay Pacific Airways has completed its buy-back of all warrants issued to the government at HK$1.53 billion (US$196 million), the airline’s chief has said.

Posted on 14/09/2024

China’s Midea to Raise $4 Billion in Hong Kong’s Biggest Listing This Year

Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.

Posted on 13/09/2024

Best domestic bank for the Greater Bay Area: Hang Seng Bank

Hang Seng Bank has made robust progress with its efforts to expand its footprint and offering across the Greater Bay area.

Posted on 13/09/2024

Best Chinese bank for the Greater Bay Area: Bank of China (Hong Kong)

Bank of China (Hong Kong) has demonstrated a strong focus on advancing cross-border financial innovation in the Greater Bay Area.

Posted on 13/09/2024

Southeast Asia and Middle East want more business ties with Hong Kong

Analysts speaking at the Belt and Road Summit urged that cooperation between these regions and Hong Kong should be nurtured.

Posted on 13/09/2024

Hong Kong police arrest 14 syndicate members over alleged laundering HK$230 million

Suspects allegedly laundered money from 43 bank accounts linked to dozens of job and investment scams, with victims losing over HK$18 million.

Posted on 13/09/2024

HKIC invests in Ninenovo, Emaldo, GeneSense to expand Hong Kong’s strategic portfolio

Hong Kong Investment Corporation (HKIC) has identified three projects in biotechnology, sustainable energy and health for investments, as the HK$62 billion (US$8 billion) strategic fund manager ...

Posted on 13/09/2024

Midea prices Hong Kong IPO – biggest in 3 years – at top of range to raise US$3.46 billion

The initial public offering (IPO) of Chinese appliance maker Midea has been priced at the top of the anticipated range amid intense investor interest, as the blockbuster deal gives Hong Kong's fund-raising market a much-needed shot in the arm after more ...

Posted on 13/09/2024

Washington’s Warning on Hong Kong Is a Wakeup Call

Hong Kong’s reputation as a top-tier global financial hub has taken another hit. A recent US advisory is urging American companies operating there to consider the legal and regu ...

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