Alibaba’s cloud division is downsizing as it prepares to go public amid economic headwinds that pushed revenue down 2 per cent in the first quarter.
Exclusive: HSBC puts global footprint under fresh scrutiny, considers dozen exits
HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery ...
Hong Kong’s Cryptocurrency Guidelines – Reinforcing Financial Hub Status Amidst Challenges
Hong Kong's cryptocurrency guidelines are attempting to restore the financial hub status of the region by becoming more progressive.
HSBC and 4 other banks broke UK competition law with bond-trading communications: regulator
"HSBC refutes the CMA's allegations," a spokesperson for HSBC, the largest of Hong Kong's three currency-issuing banks, said. "We will continue to make our case to the CMA as appropriate whilst we ...
Exclusive-Asia-Focused HSBC Puts 12 Countries on Exit Watchlist
HSBC is reviewing a possible exit from as many as 1 in 5 of the countries the lender operates in to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his ...
Hong Kong’s trade frenzy begins! Discover the potentially eligible tokens
Hong Kong has allowed retail investors to trade crypto under its new rulebook for the sector, accelerating efforts to develop a digital-asset center even as the industry and regulators clash in other ...
Impact investing: profit-seeking ESG investments gain traction in Hong Kong as sustainability issues grab attention
Hong Kong can leverage its vibrant ecosystem for global family offices and asset owners and become a hub for impact investing, estimated at US$1.16 trillion globally, as sustainability awareness ...
Hong Kong’s ZA Bank floats virtual asset trading services
The virtual bank also mulls launching US stock trading services in due course. Hong Kong’s ZA Bank shared plans to introduce virtual asset trading services for retail investors in the near future. The ...
Hong Kong Unveils Crypto Rulebook: Will Allow Retail Trading
Hong Kong’s securities watchdog has concluded its consultation paper on the proposed regulatory regime for crypto trading platforms. Under its new rulebook, the city-state will allow retail investors ...
HSBC, HKEX and Telstra emerge as Hong Kong’s most attractive employers 2023
For two consecutive years, ‘good work-life balance’ has been the most important employee value proposition (EVP) factor for Hong Kong employees.
Hong Kong Tackles a Talent Crunch for the ‘Hardest Position to Fill’ in Crypto
Hong Kong, which is preparing to introduce a new regime for trading digital assets, is responding to concerns raised by industry players about the shortage of a crucial type of worker. In conclusions ...
Hong Kong Shares Poised To Open Under Pressure
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had jumped more than 350 ...
Beijing-based Commerce & Finance Adds Ex-Norton Rose Corporate Finance Partner In Hong Kong
Terence Lau, who was previously a partner at Norton Rose Fulbright and at Hogan Lovells, has joined the Hong Kong office of Chinese firm Commerce & Finance Law Offices.
Japan stocks snap seven-day winning streak as Hong Kong sinks to 2-month low
Hong Kong's Hang Seng index reversed earlier gains and to sink ... Refinitiv data showed banks led losses on the index, with the Industrial and Commercial Bank of China down by 2.76% and incurring the ...