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Tag: finance

Posted on 06/04/2022

HSBC Launches Portfolio on Metaverse for Rich Asian Clients

HSBC Holdings Plc has launched a fund for metaverse opportunities for its private banking clients in Hong Kong and Singapore, as the U.K. lender wades further into the $800 billion virtual reality ... ( read original story ...)

Posted on 06/04/2022

Alibaba Down 4.5%, JD Down 4.9%: What’s Driving Hong Kong Markets Lower Today

Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) — traded in red in Hong Kong on Wednesday (local time). The stock of ... ( read original story ...)

Posted on 06/04/2022

‘So many bodies piled up’: Hong Kong funeral services overwhelmed by COVID

Traditional wooden coffins are running short in Hong Kong as authorities scramble to add mortuary space in the global financial hub's battle on COVID-19, which is swamping funeral parlours. ( read original story ...)

Posted on 06/04/2022

Hong Kong buyers give nano flats a wide berth as buyers armed with larger mortgage amounts eye bigger homes

Only 92 small flats, or those under 280 sq ft in size, were transacted on the secondary market in March, 24 per cent lower than February Average price fell 0.7 per cent month on month to HK$4.03 ... ( read original story ...)

Posted on 06/04/2022

Hong Kong funeral services overwhelmed by Covid-19 deaths

The city is running short of coffins and infections among staff poses a challenge. . Read more at straitstimes.com. ( read original story ...)

Posted on 06/04/2022

Stock market live updates: Hong Kong stocks start with losses

Hong Kong stocks opened sharply lower on Wednesday as investors returned from a one-day break to track hefty losses on Wall Street fuelled by indicat ... ( read original story ...)

Posted on 06/04/2022

Expatriates fleeing Hong Kong frustrate Singapore peers as home rents climb at fastest pace in a decade

Expatriates relocating from Hong Kong are competing for homes in Singapore, pushing up rents in the city state at the fastest pace in a decade. ( read original story ...)

Posted on 06/04/2022

Hong Kong’s reputation as a financial centre hit as UK judges quit top court

Hong Kong’s reputation as an international financial centre has been damaged by the resignation of two UK judges from the city’s top court, senior businesspeople and lawyers h ... ( read original story ...)

Posted on 06/04/2022

Hong Kong’s Lam Is Leaving. Her Siege Mentality Will Stay

During her five years in office, Hong Kong came more under Beijing’s control and the wishes of the city’s residents mattered less. ( read original story ...)

Posted on 05/04/2022

Why Alibaba, Nio And Other Stocks Are Not Trading In Hong Kong Today

JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTCMKTS: TCEHY), Baidu Inc. (NASDAQ: BIDU), and other U.S.-listed Chinese tech companies — which surged in the previous session — are not trading on Tuesday ... ( read original story ...)

Posted on 05/04/2022

IPO deals in China and Hong Kong slump as omicron cases jump

Greater China overall had a 28% drop in the number of initial public offerings, although IPO activity in Hong Kong was slower compared to mainland China, data from consultancy EY showed. "Hong Kong ... ( read original story ...)

Posted on 05/04/2022

‘Too much uncertainty’: Chill descends on Hong Kong equity capital markets

Hong Kong equity fundraising has dropped to the slowest pace since the global financial crisis as economic and regulatory doubts compound concerns over Chinese companies that once drove a steady ... ( read original story ...)

Posted on 05/04/2022

How to secure your mortgage on time if you end up in Hong Kong’s mandatory quarantine

If a borrower is subject to mandatory quarantine in Hong Kong and can't get to the bank in person to complete the deal, it can be a major headache Here are three steps that might help if you end up in ... ( read original story ...)

Posted on 05/04/2022

Former HK financial chief John Tsang launches NFT project ‘Choi Yeah’

Former Hong Kong financial secretary John Tsang has plans to launch an NFT project as part of his effort to contribute to the city's startups. On 4 April, Tsang said on his Facebook that he, in ... ( read original story ...)

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