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Tag: finance

Posted on 10/05/2021

HSBC on track to hire more than 1,000 Asian wealth roles this year in US$3.5 billion bet on region’s growing billionaires

HSBC, the biggest of Hong Kong's three currency-issuing lenders, is on track to hire more than 1,000 frontline roles in its wealth management business in Asia by the end of this year to focus on ... ( read original story ...)

Posted on 10/05/2021

Monde Nissin Attracts GIC, Fidelity to $1 Billion IPO

Philippine food maker Monde Nissin Corp. is in talks with Singapore state investment fund GIC Pte and Hong Kong insurer AIA Group Ltd. to become cornerstone investors in what could be the country’s ... ( read original story ...)

Posted on 10/05/2021

Hong Kong Bourse Expected To Bounce Higher On Monday

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day losing streak in which it had plummeted nearly 950 ... ( read original story ...)

Posted on 09/05/2021

Four in 10 Hong Kong teachers want to leave the profession, most of them blame political pressure, survey finds

Professional Teachers’ Union survey shows 10 per cent of kindergarten and school educators are resigning this year. ( read original story ...)

Posted on 09/05/2021

Hong Kong reports no new local infection of COVID-19

Hong Kong reported no new local infection of COVID-19 on Sunday indicating the epidemic being largely curbed while a senior offic ... ( read original story ...)

Posted on 08/05/2021

Has Asia missed the blank-cheque boat? The SPACs frenzy is cooling before Hong Kong, Singapore even get off the starting blocks

A flood of capital raising by SPACs at the start of 2021 slowed to a trickle by April, raising the question whether one of the hottest trends in finance has run out of steam before Asia reaches the ... ( read original story ...)

Posted on 08/05/2021

Expiry date for HK$5,000 digital vouchers may be extended to Lunar New Year: Hong Kong Financial Secretary Paul Chan

While he hoped the scheme could boost local spending, Chan warned against excessive optimism over the economy despite recent improved figures. ( read original story ...)

Posted on 07/05/2021

Three Gorges unit preps $3.5bn IPO to push Xi’s clean energy agenda

State-owned China Three Gorges, best known as the operator of the world's largest hydroelectric power plant, is preparing to list a wind and solar power subsidiary in Shanghai in what would be the ... ( read original story ...)

Posted on 07/05/2021

Hong Kong should back its ‘brothers’ in mainland China to help repel the West’s containment strategy, finance chief says

Hong Kong's finance chief has called for closer ties and more cooperation between the city and its "brothers" over the border, to support China's technological and economic development and counter ... ( read original story ...)

Posted on 07/05/2021

Hang Seng Bank’s chief executive to take three-month leave of absence as she recovers from medical condition

Hang Seng Bank’s vice-chairman and chief executive officer Louisa Cheang Wai-wan will take a three-month leave of absence as she recovers from a medical condition first disclosed last year, according ... ( read original story ...)

Posted on 07/05/2021

Hong Kong stocks lifted by surprise China growth signals as CanSino and vaccine stocks recoup losses

Hong Kong stocks advanced, erasing losses during the week, after reports showed China’s services industry grew at the fastest pace this year and exports accelerated as overseas orders improved. The ... ( read original story ...)

Posted on 07/05/2021

Hong Kong: Hong Kong’s New Green And Sustainable Finance Grant Scheme Begins May 10

On May 4, 2021, the Hong Kong Monetary Authority (HKMA) released the details of its Green and Sustainable Finance Grant Scheme (GSF Grant Scheme) ... ( read original story ...)

Posted on 07/05/2021

Hong Kong to shorten Covid-19 quarantine for fully vaccinated travellers: SCMP

Hong Kong currently requires a mandatory 21-day hotel quarantine for many arrivals.. Read more at straitstimes.com. ( read original story ...)

Posted on 07/05/2021

China Signals Wealth Connect With Hong Kong Nears Kick Off

China issued rules for public comment on Wealth Connect, marking a big step forward for the program that will allow investments across the border between Hong Kong and the nation’s increasingly ... ( read original story ...)

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