'Many' institutions have vowed to hire more locals and send more global leaders to Hong Kong, Chan said on Friday He also reiterated the city's commitment to becoming a virtual assets hub despite the ...
Hong Kong’s Cardinal Zen among five fined over fund for protesters
One of Asia's most senior Roman Catholic clerics, Cardinal Joseph Zen, 90, was found guilty of failing to register a now-disbanded fund for pro-democracy protesters and fined HK$4,000($512) on Friday ...
Inside Mark Tucker’s battle to reshape HSBC — and fight off activist Ping An
A few months into his time as HSBC’s chief executive, John Flint went to the human resources department to ask for a coach. Flint, a softly spoken Yorkshireman ...
Cardinal Zen convicted by Hong Kong court, ordered to pay $500 fine
In a highly-anticipated ruling, Chinese Cardinal Joseph Zen and five others were convicted Friday of failing to register a now-defunct relief fund that offered assistance to Hong Kong’s pro-democracy ...
Exclusive: China central bank to offer cheap loans to support developers’ bonds-sources
China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet ...
Chinese nickel firm Lygend to raise $470 mln in Hong Kong IPO – sources
Chinese nickel producer and trader Lygend Resources has priced shares at HK$15.80 apiece to raise $470m in its Hong Kong initial public offering (IPO), according to two people with direct knowledge of ...
Hongkongers believe they need HK$5.9 million to qualify as middle class, HSBC study shows
A study by HSBC shows that global market uncertainties have changed the way these individuals view their financial future. The bank has upgraded its Premier offerings to meet the financial needs of ...
HSBC recognised as ‘Market Leader’, ‘Best Service’ by Euromoney
HSBC Bangladesh has been voted yet again as ‘Market Leader’and ‘Best Service’ in the Euromoney Cash Management Survey 2022 ...
Why is Bill Ackman betting against the Hong Kong dollar, when even George Soros failed?
Billionaire investor Bill Ackman said he’s betting the Hong Kong dollar will fall and that its peg to the U.S. dollar will break as Federal Reserve rate hikes turn the blowtorch on Hong Kong’s ...
China’s Lygend Raises $470 Million in Hong Kong IPO, Sources Say
Lygend Resources & Technology Co., a Chinese nickel producer and trader, raised about HK$3.67 billion ($470 million) in its Hong Kong initial public offering, according to people familiar with the ...
Ackman’s Hong Kong short is logical, not likely
article with image 12:14 AM UTC Breakingviewscategory Nickel IPO puts Jakarta at centre of China EV boom, article with image November 23, 2022 Pershing Square boss Bill Ackman is taking another tilt ...
Hong Kong’s Swap Connect trading scheme faces delayed launch
The launch of Hong Kong’s Swap Connect programme, giving global investors easy access to China’s $5tn swap market, is facing delays, according to people familiar with the situation, with regulators in ...
Bill Ackman reveals “large” short position against Hong Kong dollar
Activist investor Bill Ackman said on Thursday that his hedge fund Pershing Square holds a large short position against the Hong Kong dollar, and that it was only a matter of time before the ...
Billionaire investor Ackman bets Hong Kong dollar peg can break
Billionaire investor Bill Ackman said he's betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest big money manager to take a public short bet as U.S. rate ...