HSBC Holdings said its Asia-Pacific Chief Executive Peter Wong is retiring and it has appointed two veteran bankers to take over the running of its business in the region. ( read original story ...)
JPMorgan upgrades HSBC to ‘neutral’, raises target price on Standard Chartered
Analysts at JPMorgan upgraded banking giant HSBC from underweight to 'neutral' on Friday despite it having "notably underperformed" the European Banks sector over the past year. ( read original story ...)
Expats in Singapore, Hong Kong Watch With Envy as World Opens Up
Singapore and Hong Kong, among the world’s most open economies, have practically shut their doors for more than a year to keep Covid-19 in check. But as the U.S. and Europe emerge from the pandemic, ... ( read original story ...)
PHD HK builds up team with Lawrence Lo and Namrata Chakrabarty
"We are confident in both their abilities to elevate our services and drive increased business performance for HSBC,” said Clement Chung, PHD CEO. ( read original story ...)
Hong Kong scion cedes hometown IPO premium
Richard Li, the entrepreneurial son of tycoon Li Ka-shing, plans to list his pan-Asian insurer FWD in New York instead of the city where he’s a familiar face to investors. He is sacrificing both brand ... ( read original story ...)
US strongly condemns Hong Kong arrests of Apple Daily executives
Five hundred Hong Kong police officers sifted through reporters' computers and notebooks at pro-democracy tabloid Apple Daily on Thursday, the first case in which authorities have cited media articles ... ( read original story ...)
HUTCHMED Launches Hong Kong Initial Public Offering
HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., June 18, 2021 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited (“ HUTCHMED ” or the “Company”) (Nasdaq/AIM: HCM) today announces the launch of its ... ( read original story ...)
Hong Kong stocks close higher
Hong Kong stocks finished on a positive note Thursday, reversing early losses, after Federal Reserve officials indicated they could lift interest rates sooner than first expected but would maintain ... ( read original story ...)
HK’s Apple Daily raided by 500 officers over national security law
Five hundred Hong Kong police officers sifted through reporters’ computers and notebooks at pro-democracy tabloid Apple Daily on Thursday, the first case in which authorities have cited media articles ... ( read original story ...)
Is Bitcoin More Wasteful Than Bank Bailouts Were?
Many who decry bitcoin’s carbon emissions seem focused only on the issue of “waste” — once categorized this way, any improvements such as shifting to more carbon-neutral sources of energy will not ... ( read original story ...)
Hong Kong tycoon Richard Li’s FWD files for U.S. listing
Hong Kong tycoon Richard Li's insurer FWD said it has lodged an application to regulators for an initial public offering (IPO) in the United States. The company did not disclose the size of the IPO, ... ( read original story ...)
Blockchain could solidify Hong Kong’s position as Greater Bay Area’s financial hub, but it lags in innovation, experts say
Blockchain could lower barriers to entry in Hong Kong’s important financial industry and help it catch up in innovation as it further integrates into the Greater Bay Area. ( read original story ...)
Internet Outages Hit HK Stock Exchange, Others, Days After Disruption of Top Websites
Internet outages affected the Hong Kong Stock Exchange, some airlines, financial institutions and other companies across the globe. The outage at Akamai hit just days after a similar disruption ... ( read original story ...)
Hong Kong tycoon Richard Li’s FWD to raise up to $3bn in US IPO
FWD, the Asian insurer founded by the son of Hong Kong tycoon Li Ka-shing, has filed for a US initial public offering in what would be one of the year’s biggest listings. The company launched by ... ( read original story ...)