By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) - HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims ...
Hong Kong adjusts rules for leveraged and inverse ETFs as trading boom fuels volatility
HONG KONG, July 24 (Reuters) - Hong Kong's securities regulator moved on Friday to smooth volatility in the booming market for leveraged and inverse exchange-traded products by giving issuers more ...
Hong Kong can act as ‘super converter’ for mainland China, Paul Chan says
Financial secretary says Hong Kong can use 'brand name' to vouch for mainland products and help them sell internationally Hong Kong can take on a new role as a "super converter" for technical ...
BOFA calls 30-year lows in Hong Kong property a secular buy
Bank of America Securities investment strategist Michael Hartnett has identified a generational buying opportunity in a severely battered sector: Hong Kong property stocks. In a recent note to clients ...
UOB strengthens Hong Kong’s role with new Hong Kong CEO
UOB announces plans to strengthen Hong Kong's role as a gateway between China and Asean with new Hong Kong CEO ...
Hong Kong eases listing thresholds to draw more IPOs
July 24 (Reuters) - Hong Kong's stock exchange on Friday made it easier for companies to go public in the Asian financial hub, lowering thresholds for firms with dual-class share structures and ...
Fred Tsui Named Executive Director of HKIFF Society
The Hong Kong International Film Festival Society has appointed Fred Tsui, founder and CEO of Moebius Entertainment, as its new executive director, the organization said Friday. Tsui succeeds Albert ...
Alipay+ partners with Hong Kong’s Hang Seng Bank for cross-border QR code payments
The digital wallet gateway has added Hang Seng Bank to its cross-border payments network, which amounts to over 50 global financial institutions. Hang Seng mobile app users can now make QR code ...
Hong Kong insurers ride affluent demand to record sales as longevity and legacy needs grow
Mainland China and overseas wealth, alongside family offices, is driving insurance demand in the city to new highs.
Hong Kong stock exchange relaxes listing rules to compete with US rivals
Hong Kong Exchanges and Clearing, the city’s sole bourse operator, said on Friday it would allow dual-class share structures that give some shareholders greater voting rights, as well as permit ...
Hong Kong Expands ‘Name and Shame’ List to IPO Lawyers, Auditors
Hong Kong is pressing ahead with plans to expand its “name-and-shame” list to include law firms, auditors and other advisers involved in poorly prepared listing applications.
Hong Kong exchange’s biggest reform in 8 years opens gates to more IPOs
HKEX will allow universal confidential listings and reduce market-capitalisation thresholds for IPOs by start-ups and international firms.
SVB UK – now HSBC Innovation Banking – launches in Hong Kong
HSBC announced today it has officially launched HSBC Innovation Banking in Hong Kong, delivering a globally connected and specialised proposition for venture-backed businesses and their investors.
UOB targets fivefold growth in Hong Kong private bank AUM by 2030
It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows between China and Asean Read more at The Business Times.