U-turn comes after health policy caused outrage among families and campaigners in city ... ( read original story ...)
Tracker Fund names Hang Seng to run Hong Kong’s biggest exchange-traded fund, ending State Street’s mandate
A seven-member supervisory committee chaired by George Hongchoy Kwok-lung named Hang Seng as the winner of a tender to manage TraHK State Street remains the trustee of TraHK, even if Hang Seng has the ... ( read original story ...)
TikTok Rival Kuaishou Beats Expectations As Hong Kong Internet Gains
Asian equities had a strong day on Ukraine peace talks in Turkey while China was off though not significantly. ( read original story ...)
Hong Kong Feb home prices drop to 13-month low
The pace of price declines accelerated last month as COVID-19 infections surged and government imposed new restrictions. ( read original story ...)
Asia-focused PAG files for Hong Kong IPO seen hitting $2bn
Asia-focused alternative investment company PAG has filed for an initial public offering in Hong Kong that could raise $2 billion in one of the largest listings in the city this year. ( read original story ...)
Hong Kong’s Biggest ETF Gets New Manager as State Street Removed
Hong Kong named a Hang Seng Bank Ltd. unit the manager of its HK$112.79 billion ($14.4 billion) Tracker Fund, replacing State Street Corp. after the U.S. firm last year became embroiled in a ... ( read original story ...)
Hong Kong replaces State Street as manager of largest ETF
A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest exchange-traded fund of more than $14 billion, the first such ... ( read original story ...)
Hong Kong jails ex-opposition lawmaker over legislature folder grab
A former Hong Kong opposition lawmaker was jailed Tuesday for snatching a folder from an official during a legislature meeting, the latest sign of Beijing's tightening grip over the city's ... ( read original story ...)
Hong Kong reports 7,596 new daily coronavirus infections
Hong Kong reported 7,596 new coronavirus infections on Tuesday, as daily infections continued a steadily decline and the government prepared to ease some of the city's stringent COVID-19 measures ... ( read original story ...)
Check out the 11-slide pitch deck Moonfare, a startup that lets high-net-worth individuals invest in private-equity funds, used to raise $35 million
Moonfare wants to "democratize" private equity by offering retail investors access to typically expensive alternative asset classes. ( read original story ...)
‘Up to 2,000 children under age 10 separated from parents in Hong Kong hospitals over past 6 weeks after catching Covid-19’
Charity executive Dr Lucy Lord estimates about 1,000 to 2,000 children with Covid-19 have been separated from parents at hospitals over the past five to six weeks. ( read original story ...)
Hong Kong February home prices drop to 13-month low, hit by new COVID-19 wave
Hong Kong private home prices dropped at a faster pace in February to their lowest since January 2021, official data showed on Tuesday (Mar 29), as the Asian financial hub was hit by a new wave of ... ( read original story ...)
Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
A "fragile" geopolitical environment has created challenges for its commodities business, especially nickel, the bourse's CEO said on Tuesday. ( read original story ...)
How banks digitalise services to embrace Hong Kong residents’ needs during Covid-19 pandemic
Strict safety rules, including social distancing, spark surge in demand for internet banking, with banks, such as HSBC, at forefront of innovation to serve customers who want to bank from home ... ( read original story ...)