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Posted on 28/04/2023

Hong Kong authorities remind banks not to be too hasty in rejecting digital asset clients

The Hong Kong Monetary Authority has released a reminder that virtual asset firms are entitled to banking services, despite their unfamiliarity and varying levels of risk.

Posted on 27/04/2023

China Evergrande gains more than 77% backing of Class A debt holders for debt restructuring incentive

HONG KONG, April 27 (Reuters) - Embattled property developer China ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ...

Posted on 27/04/2023

Hong Kong’s SFC to Issue Strict Crypto Exchange Licensing Guidelines in May

Discover the latest news on Hong Kong's (SFC) as they prepare to issue new guidelines for crypto exchange licensing in May.

Posted on 27/04/2023

Sunset in Hong Kong and a protest in Berlin: Thursday’s best photos

The Guardian’s picture editors select photo highlights from around the world

Posted on 27/04/2023

Massive leap in raw meat and egg smuggling into Hong Kong sparks food poisoning warning

Almost 190 cases involving illegal importation of foodstuffs – about two cases a day – logged in first three months of year.

Posted on 27/04/2023

‘Bittersweet’ ending: 44,000 DSE pupils take last ever liberal studies test under Hong Kong’s university entrance exams

Questions about city’s plastic shopping bag charge and quality of life for elderly residents appear in final exam.

Posted on 27/04/2023

Singapore’s 60% Property Tax Makes London, New York Look Cheap

Singapore has the highest property tax rate for foreign buyers among major global markets after the city-state doubled the duty Thursday.

Posted on 27/04/2023

Asia markets largely higher as new Bank of Japan chief chairs first policy meeting

Asia-Pacific market were largely lower on Thursday as investors focus on the Bank of Japan’s first policy meeting led by new BOJ governor Kazuo Ueda.

Posted on 27/04/2023

Chinese spirit maker ZJLD drops 18% in Hong Kong debut, dimming IPO outlook

A barman stirs a cocktail based on the Chinese spirit baijiu at the Capital Spirits Baijiu Bar in Beijing, China June 22, 2017. REUTERS/Thomas Peter/File Photo ...

Posted on 27/04/2023

Insurer AIA’s new business value surges 28% on strong China, HK sales growth

Insurer AIA Group Ltd on Thursday reported a 28 per cent rise in first-quarter new business value on constant exchange rates basis as sales momentum across Asia, particularly in mainland China, ...

Posted on 27/04/2023

Chinese Liquor Maker Sinks After Serving Up Hong Kong’s Biggest IPO in Months

Hong Kong’s biggest listing so far this year flopped in its trading debut, a troubling sign for a market that has been trying to recover from a long IPO slump.

Posted on 27/04/2023

Start-ups put spotlight on Hong Kong’s innovation scene as annual Elevator Pitch Competition goes global

HKSTP presents its seventh EPiC event, which showcases the city’s I&T ecosystem, offers investment opportunities to competing start-ups, and has leading companies, sponsors and partners involved.

Posted on 27/04/2023

Asian shares hesistant on banking jitters, US economic concerns

Asian shares were subdued on Thursday as troubles at U.S. lender First Republic Bank continued to unnerve investors amid concerns that growth in the world's biggest economy could surprise on the ...

Posted on 27/04/2023

Hong Kong bourse’s profit pop looks passive

What does a stock exchange operator do when equity markets are weak and interest rates are high? Pivot to the portfolio. Hong Kong Exchanges and Clearing posted a 28% year-on-year profit pop on ...

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