HSBC and Bank of China (Hong Kong), two of the biggest margin lenders for Ant Group’s suspended IPO in Hong Kong, will pocket up to HK$25 million in interest income, after opting not to waive interest ... ( read original story ...)
Moody’s takes stake in Hong Kong fintech startup MioTech
Financial services firm Moody's on Thursday said it acquired a minority stake in MioTech, a Hong Kong-based fintech startup that uses artificial intelligence to generate data for asset managers and ... ( read original story ...)
Hong Kong airport worker confirmed with Covid-19, sparking temporary closure of two schools and suspension of children’s soccer training
The Covid-19 infection of an aircraft repairman has triggered the temporary closure of two schools in Hong Kong and suspension of some soccer training sessions. The Centre for Health Protection said ... ( read original story ...)
Hong Kong public broadcaster under ‘immense pressure’ as it attempts to help arrested journalist, staff union chief says
Senior management at Hong Kong's public broadcaster has been "under immense pressure" in its attempts to help an arrested freelance journalist who co-produced a news programme for the station, a union ... ( read original story ...)
Hong Kong: People invited to snitch on their neighbours
Police in Hong Kong have launched a hotline where residents can report breaches of the national security law imposed by Beijing earlier this year. The law criminalises secession, subversion and ... ( read original story ...)
Hong Kong Homeowners Look to Sell as Emigration Demand Rises
Hong Kong is seeing a surge in home listings as the recession and a security crackdown by China prompt more residents to sell their properties. ( read original story ...)
Outrage as Hong Kong launches national security crime hotline
Hong Kong police unveiled a dedicated hotline on Thursday for residents to report alleged national security threats, sparking criticism that the move will deepen distrust among residents in the ... ( read original story ...)
Hong Kong long term interbank rates drop to nine-year low after Ant IPO pulled
Long term Hong Kong dollar interest rates reached nine-year lows on Thursday after the suspension of Ant Group's record dual listing in the city and on Shanghai's STAR Market left the former British ... ( read original story ...)
Hong Kong police launch national security crime hotline
Hong Kong police unveiled a dedicated hotline on Thursday for residents to report national security threats, sparking criticism that the measure will deepen swirling distrust in the already polarised ... ( read original story ...)
Hong Kong protests: Chinese University threatens to cancel student event marking demonstrators’ five-day campus occupation
A Hong Kong university has threatened to cancel a student exhibition commemorating one of the most chaotic episodes of last year's anti-government protests over a poster it described as potentially ... ( read original story ...)
‘The great days of Hong Kong cinema’: how the State Theatre, city’s oldest, played a starring role in locals’ lives
High above King's Road in North Point on Hong Kong Island, Wendy Ng Wan-yee gazes at the roof of the defunct State Theatre, the city's oldest theatre and a building that has - in many ways - defined ... ( read original story ...)
Hong Kong business sentiment rises in Oct with PMI at a 30-month high
Hong Kong’s business sentiment rebounded significantly in October, as the city’s Purchasing Managers’ Index surged to 49.8, the highest since March 2018, with sentiment the least negative since June ... ( read original story ...)
Blockbuster IPO Delays, What Happens To Fintech And Ant Exactly?
Chinese authorities have cited “major issues” for halting the IPO, but major issues do not show up this late in the game. ( read original story ...)
Canada’s Couche-Tard enters Asia with near $360 million Hong Kong acquisition
Tard Inc has entered the Asian market through a deal to buy Convenience Retail Asia Ltd's Hong Kong unit for HK$2.79 billion ($359.80 million), the companies said on Thursday. ( read original story ...)