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Tag: finance

Posted on 20/06/2021

Hong Kong to contribute to national financial development in different areas: HKSAR chief executive

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on Sunday that in the country's financial development, Hong Kong will play a key role in promoting renminbi (RMB) ... ( read original story ...)

Posted on 20/06/2021

Taiwan pulls trade office staff over Hong Kong ultimatum

Taiwan said seven employees of its trade office in Hong Kong left the financial hub on Sunday after authorities there demanded they sign a pledge recognising China's sovereignty over the self-ruled ... ( read original story ...)

Posted on 20/06/2021

Seoul emerging as Asia art hub at the expense of Hong Kong, where law’s heavy hand is increasingly felt and rents are high

South Korean capital draws international art galleries as some leave Hong Kong, no longer the only place for them to be in Asia. Censorship, high rents, and an unexpected legal hurdle could sway ... ( read original story ...)

Posted on 20/06/2021

HSBC says French retail bank sale to cost 1.9b euros

HSBC on Friday said it will incur a hefty charge of 1.9 billion euros with the sale of its French retail banking operations to French lender My Money Group. ( read original story ...)

Posted on 20/06/2021

Singapore replacing Hong Kong emerges as financial hub for S.Korean banks

Major South Korean banks are rushing to establish their presence in Singapore, which is replacing Hong Kong as Asias financial hub. Hana Financial Group Inc. and KB Kookmin Bank recently obtained ... ( read original story ...)

Posted on 19/06/2021

Apple Daily editor, CEO denied bail in Hong Kong

It's the first case in which authorities have cited media articles as potentially violating the contentious legislation. ( read original story ...)

Posted on 19/06/2021

Website Alert – Fraudulent website related to Hang Seng Bank, Limited

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited relating to a fraudulent website, which has been reported to the HKMA ... ( read original story ...)

Posted on 19/06/2021

The HK$5,000 vouchers are nearly here, but how do you get them, where can you spend them, and which residents can’t have them?

Adult permanent residents, and migrants from mainland China can soon register for the digital vouchers that are designed to boost the city’s economy. But work-permit holders and foreign domestic ... ( read original story ...)

Posted on 19/06/2021

Apple Daily Is Running Low on Funds to Print Hong Kong Newspaper

Hong Kong’s pro-democracy Apple Daily newspaper has enough cash on hand to continue operating as normal only for a couple of weeks, according to a person familiar, after authorities used a sweeping ... ( read original story ...)

Posted on 19/06/2021

Hong Kong’s Apple Daily executives denied bail under security law

Two executives from Hong Kong's Apple Daily newspaper appeared in court on Saturday (Jun 19) on charges of collusion and were denied ... ( read original story ...)

Posted on 19/06/2021

Hong Kong pro-democracy media executives appear in court

HONG KONG - Two executives from Hong Kong's pro-democracy Apple Daily appeared in court on Saturday charged with collusion after authorities deployed a sweeping security law to target the newspaper, a ... ( read original story ...)

Posted on 19/06/2021

Sino Malls offer HK$20 million in shoppers’ rewards and exciting experience to boost Government’s Consumption Voucher Scheme

Financial Secretary Paul Chan Mo -po today (18 June) announced details of how to register for and receive the HK$5,000 e-vouchers under the Government's consumption voucher scheme. To complement the ... ( read original story ...)

Posted on 19/06/2021

Hong Kong to Begin Handing Out HK$5,000 Vouchers in August

Hong Kong will begin handing out HK$5,000 ($644) spending vouchers to residents from August to help boost consumption in the pandemic-hit economy. Those eligible will be able to register for the ... ( read original story ...)

Posted on 19/06/2021

HSBC takes hit with sale of French retail bank

HSBC on Friday said it will incur a hefty charge with the sale of its French retail banking operations to French lender My Money Group. It comes as ... ( read original story ...)

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