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Posted on 29/11/2023

Hong Kong billionaire Cheng family’s succession under spotlight

It had been widely expected that Adrian Cheng, 44, would take over leadership of the family empire from his father ...

Posted on 29/11/2023

Asia’s first Saudi Arabia ETF makes winning debut in Hong Kong in milestone event for stronger China-Middle East market, financial links

The CSOP Saudi ETF offers investors a passive tracking of Saudi Arabia's US$1 trillion economy and the world's biggest oil company Aramco Investors can trade the Saudi ETF locally in Hong Kong dollar ...

Posted on 29/11/2023

OCBC Hong Kong CEO Ivy Au-Yeung to retire; Wang Ke named as successor

AFTER two years at the helm of OCBC’s Hong Kong entity as chief executive officer, Ivy Au-Yeung will be retiring on Dec 31, 2023. Read more at The Business Times.

Posted on 29/11/2023

High-level conference in HK highlights challenges to central banks

Guests attend the panel discussion of a high-level conference co-organized by the Hong Kong Monetary Authority and the Bank for International Settlements in Hong Kong, Nov 28, 2023. [Photo/Xinhua] ...

Posted on 29/11/2023

Asia’s first ETF tracking Saudi equities debuts in Hong Kong

A new exchange-traded fund (ETF) tracking Saudi equities made its trading debut in Hong Kong on Wednesday, becoming the first product of its kind in Asia amid warming bilateral relations between China ...

Posted on 29/11/2023

‘Helpless’: can Hong Kong logistics firms survive eviction? Uncertain future as government takes back New Territories brownfield sites

Hundreds of operators forced out of sites in New Territories to make way for development, but government only offering financial compensation, not relocation Push towards value-added logistics ...

Posted on 29/11/2023

Hong Kong’s pro-democracy leaders to give final defense as landmark national security trial nears an end

Dozens of Hong Kong’s most prominent pro-democracy figures are one step closer to learning their fate in the city’s largest national security case to date, as prosecutors and lawyers are returning to ...

Posted on 29/11/2023

Hong Kong crypto regulators under fire again after creators of Hounax exchange allegedly disappear with $19 million

The Hounax rugpull comes right after more than $120 million was stolen from the unlicensed JPEX exchange in September.

Posted on 29/11/2023

High-level conference in Hong Kong highlights challenges to central banks

A high-level conference co-organized by the Hong Kong Monetary Authority HKMA and the Bank for International Settlements BIS was concluded Tuesday ...

Posted on 29/11/2023

HSBC facing a ‘hit’ of over £6.3 bn as a result of unsecured commercial property loans into China: Report

HSBC is facing a "hit" of more than £6.3 billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned, a media report said.

Posted on 29/11/2023

This Central Bank Chief Predicts Native Digital Tokens Will ‘Leave The Scene’

During a panel at the Hong Kong Monetary Authority-Bank for International Settlements event, Singapore's central bank leader Ravi Menon, forecasted a decline in private cryptocurrencies that don't ...

Posted on 29/11/2023

Hong Kong may further empower regulators to tackle cryptocurrency scams, John Lee says, amid fallout from Hounax, JPEX cases

City leader John Lee says regulator powers may be bolstered, after watchdog explains it cannot close Hounax platform at centre of alleged HK$148 million scam.

Posted on 28/11/2023

HSBC facing a ‘hit’ of over £6.3 bn as a result of unsecured commercial property loans into China

London, Nov 28 (IANS): HSBC is facing a "hit" of more than £6.3 billion as a result of unsecured commercial property loans into China, a UK-based tax consultant has warned, a media report said.

Posted on 28/11/2023

Hong Kong looks to improve payment practices in construction sector with bill in works to fix cash-flow problems along supply chain

Industry stakeholders, including contractors, subcontractors, works consultants and suppliers, have long experienced payment problems, studies show.

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