Fund manager Allspring Global said in a note that valuations call for a 'substantial rally in Chinese shares, but sustainability is harder to determine' Index gains were driven by insurers AIA and ...
Hong Kong customs arrests 3 over alleged HK$1.8 billion money-laundering scheme linked to cryptocurrency platform, shell companies
Woman, 42, and two men, aged 48 and 60, allegedly set up five companies and 18 local bank accounts that handled more than 1,000 suspicious transactions.
Yuan Funding Costs Climb in Hong Kong, Pressuring Bearish Bets
Signs of a cash squeeze are starting to emerge in the yuan’s largest offshore trading center, a move that dents the appeal of bearish wagers on China’s managed currency.
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
HONG KONG (Reuters) -Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and ...
HSBC to Cut Another 20 Investment Banking Jobs in Asia, Sources Say
HONG KONG (Reuters) - HSBC is expected to cut an additional 20 investment banking jobs in Asia on a deals slump, takes the total cuts to around 30 this week, three sources with knowledge of the matter ...
Hong Kong lawmakers question govt spending S$653,000 a month on 6 unused Covid-19 isolation facilities
Lawmakers in Hong Kong are criticising the government for spending HK$3.75 million (S$653,000) a month to maintain six unused Covid-19 isolation facilities. South China Morning Post reported that the ...
Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slump
Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China ...
Morgan Stanley cuts dozens of investment banking jobs in Asia-Pacific, sources say
Morgan Stanley is cutting at least 50 investment banking jobs in Asia Pacific, three sources said, becoming the latest among global banks to scale back operations in the region mainly due to a slump ...
Hong Kong’s Bitcoin and Ethereum ETFs Could Fetch $25 Billion—If China Plays Nice
A veteran crypto analyst expects Hong Kong's Bitcoin and Ethereum ETFs to begin trading this month—and they could have a sizable impact.
Morgan Stanley to cut around 50 investment banking jobs in Asia-Pacific, sources say
Morgan Stanley is cutting around 50 investment banking jobs in the Asia-Pacific region due to a deals slump, sources with knowledge of the matter said. Investment bankers based in Hong Kong and ...
OSL announces potential April debut for Hong Kong Bitcoin ETFs
Hong Kong-based asset managers like China Asset Management (ChinaAMC) may soon be involved in introducing their spot Bitcoin exchange-traded funds (ETFs). According to Patrick Pan, head of OSL, the ...
Alchemy Pay Chooses Hong Kong as a Strategic Market for Cryptocurrency
Alchemy Pay, an undeniable pioneer in the crypto payment sector, has recently designated Hong Kong as the strategic center of its expansion projects outside of China which literally means a broadening ...
Hong Kong’s ‘Mind Boggling’ Journey to Bitcoin and Ether ETFs
OSL Executive Director and Head of Regulatory Affairs, Gary Tiu, weighs in on the state of spot bitcoin and ether ETFs in Hong Kong and how long it will take for the products to reach the final stage ...
Property developer Times China faces winding-up petition filed by Hang Seng Bank in a Hong Kong court
Debt-laden developer Times China Holdings is faced with a winding-up petition as it becomes the latest property company creditors are seeking to liquidate.