Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.
Hong Kong police arrest 20 people, including 14 domestic helpers, in crackdown on triad-controlled syndicate for money laundering
Police say those arrested include six local men and 14 women, who are domestic helpers Syndicate lured domestic helpers with as little as HK$1,000 each to set up bank accounts to launder HK$10 million ...
AIA Group opens newly redeveloped Hong Kong headquarters
The opening was marked by a ceremony on 27 May, attended by AIA Group chairman Edmund Tse, AIA Group CEO and president Lee Yuan Siong, and Government of the Hong Kong Special Administrative Region ...
Hong Kong police arrest 20 people, including 14 domestic helpers, in crackdown on triad-controlled money-laundering syndicate
Hong Kong police have arrested 20 people in a crackdown on a triad-controlled criminal syndicate that lured domestic helpers with as little as HK$1,000 (US$128) each to set up bank accounts for ...
HSBC veteran banker Peter Wong urges Hong Kong’s youth to be wary of generative AI as technology can create uncertainty
How does China’s AI stack up against ChatGPT? Wong, 72, the non-executive Asia-Pacific chairman of Hong Kong’s largest bank, believes the city can cope with the challenges of a fast-changing world, ...
Green finance is Hong Kong’s golden opportunity to lead Asia’s net-zero mission
She and other industry leaders echoed the sentiments of Hong Kong’s Chief Executive Lee Ka Chiu, who noted the city’s traditional financial strengths and its fast rising prowess as an innovative and ...
HSBC Buys back Shrs at $516M in Total in HK/ UK Last Fri
HSBC HOLDINGS (00005.HK)(HSBA.L) announced that it repurchased 3.9992 million shares of the company in London last Friday (24th) at GBP6.872-6.972 per share, with an average price of GBP6.9292 per ...
HSBC eyes synergies in wealth management, family office business amid robust profit growth in Asia
The UK lender aims to boost synergies through talent exchanges and client referrals in both cities in the coming years Pre-tax profit from HSBC's wealth management unit in Asia surged 51 per cent last ...
Hong Kong central bank extends deputy chief exec’s appointment for 2 years
Yuen will continue to be in charge of the full range of banking policy, supervision, conduct, and enforcement issues at the HKMA, the central bank said in a statement posted on its website. The ...
What HKMA’s second experiment with retail e-HKD means for Hong Kong residents
E-HKD will promote innovation in the financial services industry as the city moves closer to finding more use cases for the digital coin before it is rolled out to the public, experts say.
Asian Investment Conference: first UBS-hosted edition kicks off in Hong Kong with ‘global investor mindset’ on agenda
Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers and 3,000 attendees as UBS continues the flagship Hong Kong conference started 27 years ...
Two banks in Hong Kong warn against phishing emails
Tai Sang Bank cautioned against emails claiming to be from its chairman. Two banks in Hong Kong have separately warned of phishing emails between 21 and 22 May. Bank of China (Hong Kong) and Tai Sang ...
Hong Kong’s MPF assets up, members shift into bond funds
Wan believes withdrawals from equity funds will slow with Hong Kong’s stock market rebounding strongly this month. He advised MPF members to take a long-term perspective instead ...
E-CNY Expands Cross-border Pilot in HK, Allowing HK People to Add Value via FPS, Credit Cards after Opening Account
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) announced the expansion of the cross-border pilot for E-CNY in Hong Kong. Hong Kong people will be ab ...