Hong Kong banks must step up efforts to migrate legacy contracts tied to the scandal-ridden London Interbank Offered Rate (Libor) benchmark as more than HK$1.6 trillion (US$205 billion) of assets, ... ( read original story ...)
‘After all it’s a very big bank’, Hong Kong exempts Jamie Dimon from quarantine
Hong Kongs leader on Tuesday defended allowing the head of JP Morgan Chase to skip a three-week Covid-19 quarantine imposed on most other visitors, saying he worked for a very big bank, Channel News A ... ( read original story ...)
Suspected Covid case closes Hong Kong Disneyland
Staff and visitors to Disneyland ordered to take tests as theme park is shut down due to one recent visitor testing preliminary positive for Covid-19. ( read original story ...)
Goldman CEO Calls China, Hong Kong Covid-19 Policies a ‘Headwind for Global Talent’
David Solomon said mainland China and Hong Kong’s strict border controls are creating staffing challenges as the region’s tight quarantine regime wears on foreign workers and businesses. ( read original story ...)
Tiananmen vigil leader invokes Gandhi at Hong Kong sentencing
A leading Hong Kong democracy activist facing jail invoked Mahatma Gandhi's civil disobedience campaign in court on Wednesday as he gave a defiant speech defending his decision to take part in a ... ( read original story ...)
NetEase’s Cloud Village restarts Hong Kong IPO
Online music streaming service Cloud Village has revived its Hong Kong listing, having put the deal on hold mid-summer as markets roiled amid Beijing’s crackdown on the technology sector. The ... ( read original story ...)
Chinese tech giant NetEase revives Hong Kong IPO of its music streaming arm
Cloud Village runs NetEase's music streaming business and the company says it has 185 million monthly active users. ( read original story ...)
China Roundup: NetEase’s music streaming app revives IPO plan, and more
Cloud Village, the music streaming unit of gaming firm NetEase, has resubmitted its initial public offering prospectus to the Hong Kong Stock Exchange, after it paused its listing process in August. ( read original story ...)
HSBC appoints global CEO of HSBC Life
Greg Hingston was the former wealth and personal banking head in Hong Kong. HSBC has appointed Greg Hingston as the global CEO of HSBC Life and Insurance Partnerships. He succeeds Bryce Johns, who has ... ( read original story ...)
Foodpanda Hong Kong, couriers to resume talks over minimum pay on Thursday after 7-hour dialogue ends in deadlock
Foodpanda Hong Kong says it has ‘proactively proposed a few solutions’ in response to fleet’s demands, but refuses to set minimum pay per order. ( read original story ...)
Hong Kong: Metropolis will expedite tech devt
Before the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area was promulgated in February 2019, the Hong Kong SAR Government had already placed innovation and technology high ... ( read original story ...)
Latest news updates: Hong Kong shuts down Disneyland after Covid-19 case detected
The UK will also publish its latest inflation figures. Earnings: British Land, one of the UK’s largest landlords, releases first-half results on Wednesday. The spread of Covid-19 wiped more than £1bn ... ( read original story ...)
NetEase’s Music App Revives Delayed Hong Kong IPO Plan
The music streaming arm of Chinese gaming giant NetEase Inc. is reviving its plans for an initial public offering in Hong Kong after it put the listing on hold earlier this year.Most Read from Bloombe ... ( read original story ...)
Hong Kong Bourse Has Another Green Light For Wednesday
The Hong Kong stock market has moved higher in six straight sessions, advancing almost 950 points or 3.9 percent along the way. The Hang Seng Index now rests just above the 25,710-point plateau and it ... ( read original story ...)