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Tag: finance

Posted on 16/02/2021

HKEX interim chief executive predicts bullish IPO market in Year of the Ox

With the market soaring to an over-30-month high on Tuesday, Calvin Tai Chi Kin, interim chief executive of Hong Kong Exchanges and Clearing Limited (HKEX), expressed optimism that the fund-raising ... ( read original story ...)

Posted on 16/02/2021

Hong Kong’s Hang Seng index jumps nearly 2% as Asia-Pacific markets rise

The Reserve Bank of Australia's February monetary policy meeting minutes showed members concluding that "very significant monetary support would be required for some time." ... ( read original story ...)

Posted on 16/02/2021

HSBC Among Top Bank Share Gainers in Asia on Reflation Bets

HSBC Holdings Plc and Standard Chartered Plc’s Hong Kong shares are among top gainers of bank stocks across the region on optimism faster economic growth and higher interest rates will stoke profits. ( read original story ...)

Posted on 14/02/2021

Meet the Hong Kong expat proving to be a thorn in HSBC’s side

Freezing former pro-democracy politician Ted Hui's accounts is turning into a PR disaster for the London-listed bank ... ( read original story ...)

Posted on 14/02/2021

Short Interest in BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Expands By 66.7%

Limited (OTCMKTS:BHKLY) was the recipient of a significant increase in short interest during the month of January. As of January 29th, there was short interest totalling 4,500 shares, an increase of ... ( read original story ...)

Posted on 14/02/2021

Hong Kong plans stricter money laundering checks on Chinese mainland officials

Chinese mainland officials who stash ill-gotten wealth in Hong Kong will face fresh scrutiny over their financial affairs under a planned tightening of money laundering regulations in the territory. ( read original story ...)

Posted on 13/02/2021

Beijing hits out at European Union over ‘irresponsible comments’ on Hong Kong affairs following BBC World News ban

Beijing’s mission in Brussels says the bloc has no right to use the ban on BBC as a pretext to make irresponsible comments on Hong Kong’s security law. ( read original story ...)

Posted on 13/02/2021

Immigration Law Proposed In Hong Kong: What Is It And Why Is It Worrying?

Hong Kong govt proposed "particularly troubling" immigration law to limit the individuals fleeing the city providing “apparently unfretted power” to director. ( read original story ...)

Posted on 13/02/2021

Hong Kong Premier League returns without fans, HKFA Senior Shield and FA Cup cancelled

Friday, but fans are banned and two of the three cup competitions have been cancelled. Four Leisure and Cultural Services Department venues – Mong Kok Stadium, Hong Kong Stadium, Siu Sai Wan Sports ... ( read original story ...)

Posted on 13/02/2021

Hong Kong banks report decline in customers seeking new notes for ‘lai see’ amid rise of electronic channels, economic uncertainties

Up until Lunar New Year in 2020, about 350 million banknotes worth almost HK$10 billion on average were exchanged within the two weeks before the holiday every year, data from Hong Kong Monetary ... ( read original story ...)

Posted on 13/02/2021

Concern Over Proposed Hong Kong Law That Could Bar Anyone From Leaving

which could bar any individual -- Hong Kong resident or not -- from boarding a carrier out of the financial hub. Since the imposition of a new national security law last June, an increasing number of ... ( read original story ...)

Posted on 12/02/2021

HSBC faces court battle as Huawei seeks to halt CFO’s extradition

Chinese telecoms giant Huawei is taking HSBC bank to court in a bid to stop the extradition of its chief financial officer to the US. ( read original story ...)

Posted on 12/02/2021

Hong Kong and other Asian markets need to be open to cryptocurrencies

The cryptocurrency boom has been going on for more than a year now, and is showing no signs of slowing down. Various events and occurrences have led to cryptocurrencies, especially Bitcoin, touching n ... ( read original story ...)

Posted on 12/02/2021

Hong Kong fintech start-up hopes bitcoin in a paper envelope will broaden cryptocurrency ownership beyond the tech-savvy

Six-year-old ixFintech gives bitcoin a new twist by dispensing it in the form of QR codes in a paper envelope, in a bid to broaden access to the wider public. ( read original story ...)

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