Octopus, a smart card operator in Hong Kong, is introducing transit cards for public transportation users in more than 300 Chinese cities. ( read original story ...)
Elderly woman living in mansion on The Peak conned out of US$32 million in Hong Kong’s biggest phone scam
Woman received call from fraudsters who said her identity had been used in crime in mainland China and they needed to verify origins of her money. ( read original story ...)
Citigroup to ramp up Chinese investment banking plan – source
Citigroup plans to expand its investment banking business in China and will soon apply to set up local underwriting, sales and trading and futures trading businesses by the end of June, a person with ... ( read original story ...)
HSBC’s CEO is swapping his office for a hot desk
HSBC is scrapping the executive floor at its Canary Wharf headquarters in London, as one of the world's biggest banks slashes office space and moves towards new ways of working following the pandemic. ( read original story ...)
HSBC Asia Technology M&A Head Choy to Join Midea as CFO
HSBC Holdings Plc’s head of technology mergers and acquisitions in Asia Jeremy Choy is joining Chinese home appliances giant Midea Group Co. as its chief financial officer, according to people ... ( read original story ...)
Yuan internationalisation goal ‘is not to replace US dollar’, top China banking official insists
China’s efforts to promote its digital currency as well as the internationalisation of the yuan had caused concerns it wanted to topple the US dollar as the world’s main reserve currency. ( read original story ...)
Hong Kong’s office leasing market is becoming a tenants’ market and is on the road to recovery
At first glance, the performance of Hong Kong's office leasing market in the first quarter of this year was a continuation of the deteriorating fundamentals that have plagued the sector for the past ... ( read original story ...)
Hong Kong Bourse May Crack Resistance At 29,000 Points
The Hong Kong stock market bounced higher again on Friday, one day after it had ended the two-day winning streak in which it had ... ( read original story ...)
How documentaries portray the 2019 Hong Kong protests, with echoes of The Hunger Games and V for Vendetta
In his Academy Award-nominated short film Do Not Split, Anders Hammer set out to ‘show the atmosphere in the streets’. Joshua Bischof’s Burn With Us is 89 minutes of mayhem. Ai Weiwei’s Cockroach ... ( read original story ...)
Hong Kong – Banks Not Required To Act As Detectives Or Fraud Detectors.
There has been an increasing number of fraud cases, in particular cyber fraud cases, around the world. Some victims of fraud have sought redress from banks for failing to detect the fraud and refrain ... ( read original story ...)
Hong Kong finance minister Paul Chan says ensuring city’s economic security is a ‘war without gun smoke’
Financial Secretary Paul Chan says city needs to crackdown on money laundering and economic support of terrorism to ensure national security is not threatened. ( read original story ...)
Used electronics trading platform Aihuishou to raise up to US$1 billion in US IPO: Sources
Chinese secondhand electronics trading platform Aihuishou is aiming to raise US$500 million to US$1 billion in a US initial public ... ( read original story ...)
How a Hong Kong protester became one of the territory’s youngest exiles
I was very worried about being caught at the airport," the teenager said. “But on the flight, I finally felt safer and the most relaxed in a long time.” ... ( read original story ...)
Commissioner’s office of Chinese foreign ministry says interference with judicial proceedings in Hong Kong tramples upon rule of law, int’l law
The spokesperson said Hong Kong is governed by the rule of law, and the sentencing of anti-China disruptors is based on solid evidence and with a completely legitimate and transparent procedure. HONG ... ( read original story ...)