With his name now in the news, Mr. Snowden left his hotel and, for two weeks, hid in the tiny apartments of other clients of Mr. Tibbo: Ms. Rodel, Mr. Kellapatha and Ms. Kuttige, and Ajith ... ( read original story ...)
Hong Kong hands out its first digital banking licences
Hong Kong has issued its first batch of digital banking licences, giving a mix of traditional financial institutions and Chinese companies a chance to compete for a $15bn pot of retail banking ... ( read original story ...)
Hong Kong Scales Back Extradition Law That Spooked Business
The government will remove nine categories including bankruptcy, securities and futures, and intellectual property from the proposed extradition law, Hong Kong Security Secretary John Lee told ... ( read original story ...)
StanChart JV, two others win Hong Kong online banking license
HONG KONG (Reuters) - Hong Kong has issued online-only banking licenses to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake up ... ( read original story ...)
Hong Kong Starts Granting Licenses for Virtual Banks
... in Hong Kong and promote financial inclusion,” the Hong Kong Association of Banks said in a statement. “The industry can leverage this opportunity to develop new business models.” Virtual banks ... ( read original story ...)
Indian Startups, Here’s Your Chance To Scale Globally With Hong Kong Startup Launchpad
As the third largest startup ecosystem of the world, India has found several international collaborations to significantly support and grow the talent across borders and at the same time, find new ... ( read original story ...)
Cathay Pacific to buy budget airline Hong Kong Express
Hong Kong Express, which flies to destinations across Asia, will become a wholly-owned subsidiary of Cathay Pacific. Cathay Pacific has been overhauling its business to cut costs, and returned to ... ( read original story ...)
Cryptocurrency miner Bitmain lets Hong Kong IPO application lapse
HONG KONG (Reuters) - Bitmain Technologies, the world's largest designer of products for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering (IPO) lapse, ... ( read original story ...)
Cathay Buys Hong Kong Express to Enter Budget Airline Market
(Bloomberg) -- Cathay Pacific Airways Ltd. agreed to pay HK$2.25 billion ($287 million) in cash for Hong Kong’s only budget airline to enter the no-frills market, after more than a decade resisting ... ( read original story ...)
Hong Kong-mainland China extradition plan to be watered down by exempting 9 economic crimes, under intense pressure from business community
Hong Kong’s leader, under intense pressure from the business community, has agreed to exempt nine economic crimes from a controversial proposal to allow the transfer of fugitives from the city to ... ( read original story ...)
Refugee who sheltered Snowden in Hong Kong excited to start life in Montreal
Vanessa Rodel, a refugee who helped shelter whistleblower Edward Snowden in Hong Kong years ago, is finally in Montreal, and she says she's excited to learn French and try maple syrup. "There was no ... ( read original story ...)
Hong Kong Refugee Who Sheltered Snowden Granted Asylum In Canada
The first of three Hong Kong-based refugee families who helped shelter National Security Agency leaker Edward Snowden when he was on the run, has been granted asylum in Canada. Vanessa Rodel and her ... ( read original story ...)
Hong Kong changes reverse mortgage rules, paving way for pensioners to settle in ‘Greater Bay Area’
The Hong Kong Mortgage Corporation has introduced a rule allowing pensioners to lease property against which they have taken out reverse mortgage loans, a move that could potentially make it easier ... ( read original story ...)
Hong Kong developer Chinachem’s Sol City project met with weak demand despite discounted prices
Hong Kong’s homebuyers return in droves as banks kept mortgage rates unchanged amid a dovish monetary policy Home prices in Hong Kong, the world’s most expensive housing market, plunged by 9.2 per ... ( read original story ...)