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Posted on 22/09/2023

Financial secretary Paul Chan meets Bank of England governor and other top figures in London, despite frosty Hong Kong-UK relations

Paul Chan and Bank of England governor discuss interest rates, inflation trends, global economic outlook and areas such as financial regulation in London.

Posted on 22/09/2023

Will Hong Kong or Singapore finance the Global South’s pressing needs if the rich North won’t?

Although these numbers are high, McKinsey’s study showed that funding for change ... Within Asia, the richer and ageing economies of Japan, South Korea, mainland China, Taiwan and Hong Kong are huge ...

Posted on 22/09/2023

Hong Kong JPEX scandal: users ‘forced to accept’ dividend plan offered by cryptocurrency platform at centre of alleged fraud case

It’s really dodgy,’ says one victim, who voted on scheme offered after police said claims involved in case had snowballed to HK$1.37 billion.

Posted on 22/09/2023

Leading Experts From NVIDIA, NASA, Gartner, Coinbase And DHL To Headline Tech Week Singapore In October

Leading experts from NVIDIA, NASA, Gartner, Coinbase and DHL to headline Tech Week Singapore in October - Key i ...

Posted on 22/09/2023

Hong Kong’s IPO environment toughest in over a decade, as rising interest rates, banking tumult, economic slowdown weigh: Deloitte

Hong Kong’s public fundraising environment is at its toughest in over a decade, as the global banking turbulence, high interest rates and slow recovery pace of mainland China’s economy bruised ...

Posted on 22/09/2023

Hong Kong Orders Removal of Illegal Structures From Luxury Homes

Hong Kong authorities have ordered owners of four houses at a luxury residential estate to remove unauthorized structures that were exposed by a landslide. Some residents of Redhill Peninsula in Hong Kong’s Tai Tam district were evacuated after record ...

Posted on 22/09/2023

Alibaba’s Cainiao plans to raise at least US$1 bil in Hong Kong IPO soon

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...

Posted on 22/09/2023

UPDATE 1-China’s Neusoft Xikang becomes 3rd HK IPO this week to price shares at low end – source

SYDNEY, Sept 22 (Reuters) - China’s Neusoft Xikang will price its shares at HK$4.76 (61 U.S. cents) each to raise $81.5 million in an Hong Kong initial public offering (IPO), said a person with direct ...

Posted on 22/09/2023

Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon

Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next week, according to people familiar with ...

Posted on 22/09/2023

What a $281 Million Mansion Says About Hong Kong

Take the aforementioned mega mansion. The 18,000-square-foot home with 11 bedrooms represents a former era when wealthy Chinese buyers flocked to the city for trophy properties. Today, China’s ...

Posted on 22/09/2023

Hong Kong’s bid to bring back the city’s nighttime buzz to begin on Friday

Friday night market at Avenue of Stars and K11 Musea in Tsim Sha Tsui will feature traditional Hong Kong street food and film-related memories.

Posted on 22/09/2023

Singapore is now the world’s freest economy, displacing Hong Kong after 53 years

Singapore has dethroned Hong Kong to become the world's freest economy after almost 50 years, according to a report released by the Fraser Institute.

Posted on 22/09/2023

JPEX: Hong Kong investigates influencer-backed crypto exchange

Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including popular ...

Posted on 22/09/2023

Hong Kong investigates popular crypto firm for fraud

About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong's metro.

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