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Tag: finance

Posted on 12/12/2022

BOC moves to plug leaks, stem smuggling under Senate probe

ACTING on the initiative of Senator Sherwin T. Gatchalian, the Senate starts this Monday its scrutiny into the alleged graft-ridden practices by the Bureau of Customs (BOC), enabling entry into the ...

Posted on 11/12/2022

Hong Kong jails pro-democracy media tycoon Jimmy Lai over fraud

Jimmy Lai's legal team earlier asked the UN to investigate his imprisonment and multiple criminal charges as "legal harassment" to punish him for speaking out.

Posted on 10/12/2022

Hong Kong pro-democracy media tycoon Jimmy Lai sentenced to 69 months in prison for fraud

A Hong Kong court on Saturday sentenced jailed media mogul Jimmy Lai to five years and nine months in prison for fraud, in the latest legal challenge against the pro-democracy tycoon.

Posted on 10/12/2022

Staff from Hong Kong bank shoot hoops with disadvantaged students to raise funds and boost spirits

Dah Sing Bank employees joined up with students to instil positive values on and off the court Every basket scored was matched with a monetary donation going towards the 15 charities supported by ...

Posted on 10/12/2022

Why Hong Kong could be rare exception to coming global winter of discontent despite recession

Economists seem convinced the global economy is going to suffer mightily as government, household, corporate and financial-sector debt come home to roost Hong Kong is in recession, but its negligible ...

Posted on 09/12/2022

Hong Kong – Bad Apples Don’t Just Roll Within The Banking Industry – Time To Tighten Up Background Checks And Employment Documents!

Hong Kong - Bad Apples Don’t Just Roll Within The Banking Industry – Time To Tighten Up Background Checks And Employment Documents! Legal News and Analysis - Hong Kong - Banking & Finance, Labour & ...

Posted on 09/12/2022

Bank of China Offers Loans to Ease Chinese Developer’s Liquidity

Bank of China, one of China's top four state-owned banks, has offered offshore loans to cash-starved Chinese property developer Longfor Group Holdings Ltd, it said in a statement on Friday. The move ...

Posted on 09/12/2022

China Outlook, Property Rally Propel Hong Kong Market Higher

The Hong Kong Hang Seng Index opened evenly and rallied to the close, finishing up 2.3% on more reports of easing pandemic strictures in mainland China, and also of official boosted policy support for ...

Posted on 09/12/2022

China Regulators, State Banks Split Staff as Fears Mount About New COVID Outbreaks-Sources

Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, as businesses brace for a possible spike in COVID cases after China ...

Posted on 09/12/2022

Xiamen International Bank Said to Weigh $1.3 Billion HK IPO

Xiamen International Bank Co., set up almost four decades ago with both local and foreign investors, is considering a Hong Kong initial public offering that could raise about HK$10 billion ($1.3 ...

Posted on 09/12/2022

StanChart Told to Probe Suspicious Credit Card Charges in HK

Hong Kong’s regulator asked Standard Chartered Plc to conduct an investigation after more than a hundred local customers complained about unauthorized credit card transactions.

Posted on 09/12/2022

UPDATE 1-China’s Weilong Delicious to raise $130.6 mln in Hong Kong IPO

Chinese snack food maker Weilong Delicious Global Holdings is set to price its shares at HK$10.56 each in its Hong Kong initial public offering to raise $130.6 million, according to two sources with ...

Posted on 09/12/2022

Chinese insurer is set to be Hong Kong’s last big debut of 2022

China’s Sunshine Insurance Group Co. declined in its trading debut after Hong Kong’s fourth-largest deal this year, potentially the last big listing in the Asian hub before the end of 2022.Shares of ...

Posted on 09/12/2022

Hong Kong is set to regain top-three IPO ranking in 2022, says KPMG China

The top two rankings are taken by the Shanghai Stock Exchange and Shenzhen Stock Exchange, and the A-share market is the key driver for the global IPO market in 2022, accounting for nearly half of ...

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