Hong Kong sent hundreds of people ... Several banks last week advised staff last week to not come into offices. HSBC Holdings Plc vacated a floor of its main building Thursday after an employee tested ... ( read original story ...)
Hong Kong tells currency doubters to watch out for blockbuster IPOs as Kyle Bass capitalises on slump to tweet peg’s demise
Bass isn't only watching the market actions. He tweeted last week about ongoing strife in the city's political space, highlighting tightening sanctions and a reassessment of Hong Kong's position as a ... ( read original story ...)
Hong Kong firms face question of ethics with Myanmar investments
Hong Kong firms have been linked to two conglomerates used by the junta to control Myanmar’s economy. Post-coup, only some of those firms have had a rethink. ( read original story ...)
Global IPO Market Eyes Record First Quarter Even as SPACs Falter
“While the IPO market has mainly been driven by technology companies ... Singapore Exchange Ltd. and Hong Kong Exchanges & Clearing Ltd. are re-writing their rules -- or at least looking into it -- to ... ( read original story ...)
China’s Ant Group CEO leaves after failed IPO prompts revamp
China's Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant's business, the first top management exit since a ... ( read original story ...)
Huawei sues HSBC in Hong Kong for documents US ‘wilfully withheld’ in extradition request
The company's chief financial officer Meng Wenzhou is currently being held in Canada as a result of a US extradition request. ( read original story ...)
Linklaters makes twin Hong Kong partner hires to boost corporate and banking teams
Nolet, meantime, focuses on advising banks and financial institutions, private equity funds and corporates on banking, finance and restructuring transactions. Notably, Nolet's arrival restocks the ... ( read original story ...)
How One Gym Sent Tremors Through Hong Kong’s Financial Industry
A Covid-19 outbreak traced to a physical trainer in an up-and-coming neighborhood sends the city’s small but influential expatriate community into a panic. ( read original story ...)
Hong Kong people must have national concept: Tung Chee-hwa
which is conducive to Hong Kong's status as a global financial and commercial hub, Tung said. Hong Kong can also enjoy more benefits from the mainland economy and regain its glory, he said, citing the ... ( read original story ...)
Goldman Sachs creates SPAC team in Hong Kong amid surging Asian interest in blank-check companies
DOW S&P 500 NASDAQ 100 Goldman Sachs has created a SPAC team in Hong Kong dedicated to handling the surge in blank ... Raghav Maliah, the global vice-chairman of Goldman Sachs' investment banking ... ( read original story ...)
BOC Aviation assets rise 19% in 2020 | News | Airfinance Journal
Hong Kong-listed aircraft lessor BOC Aviation has said it ended 2020 “as the world’s most valuable listed aircraft operating leasing company in terms of market capitalisation”. BOC Aviation’s total ... ( read original story ...)
Hong Kong court hears Meng Wanzhou’s application to access HSBC documents to undergird her bid to quash extradition to US
A closed-door hearing was held on Friday afternoon at Hong Kong High Court over whether HSBC must provide certain documents related to the extradition case of Huawei chief financial officer Meng ... ( read original story ...)
Either Huawei or HSBC is lying as Meng case moves to Hong Kong
After being rebuffed by a UK court, Huawei is seeking access to HSBC files in Hong Kong it says will prove its CFO's innocence. ( read original story ...)
Coupang, the Amazon of South Korea, sees its shares pop in mega US IPO
Coupang, South Korea's biggest e-commerce company, has pulled off the largest US initial public offering so far this year. ( read original story ...)