HSBC has rolled out a structured note product with a luxury consumption theme to its wealthy Hong Kong and Malaysian clients. The structured product is linked to the Solactive Luxury Dynamic Factors ... ( read original story ...)
Expats in Hong Kong question Covid rules after hundreds quarantined
Hong Kong’s expat finance community has voiced deep concerns about the government’s strategy to contain the coronavirus pandemic after hundreds of families were locked in their homes or taken to ... ( read original story ...)
Over 200 Celebrated Restaurants Across Hong Kong Come Together for Hong Kong Restaurant Week Spring 2021
DiningCity, together with HSBC credit card, will present "Hong Kong Restaurant Week Spring 2021" from March 18th to April 11th, 2021. ( read original story ...)
Interview: Financial market stability underpins Hong Kong as int’l financial hub
With regard to the green finance, the HKMA will conduct financial climate change stress test on the banking system in the future, and will set up a platform for personnel training and data sharing. ( read original story ...)
HK and mainland to expand GBA financial connectivity by expanding remote bank accounts setup and setting cross-border renminbi cash pool in 2021
... working to enhance financial connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area by rolling out three policies by the end of this year, including letting people remotely open bank ... ( read original story ...)
Hong Kong isn’t a top destination for Southeast Asian tech IPOs. Here’s why it should be
In addition, compared with the US, founders listing their companies in Hong Kong will face fewer ongoing compliance risks and obligations after the IPO. Since 2020, not only have we seen new mega ... ( read original story ...)
Babies Among Hundreds in Hong Kong Quarantine Amid Outbreak
Hong Kong sent hundreds of people ... Several banks last week advised staff last week to not come into offices. HSBC Holdings Plc vacated a floor of its main building Thursday after an employee tested ... ( read original story ...)
Hong Kong tells currency doubters to watch out for blockbuster IPOs as Kyle Bass capitalises on slump to tweet peg’s demise
Bass isn't only watching the market actions. He tweeted last week about ongoing strife in the city's political space, highlighting tightening sanctions and a reassessment of Hong Kong's position as a ... ( read original story ...)
Hong Kong firms face question of ethics with Myanmar investments
Hong Kong firms have been linked to two conglomerates used by the junta to control Myanmar’s economy. Post-coup, only some of those firms have had a rethink. ( read original story ...)
Global IPO Market Eyes Record First Quarter Even as SPACs Falter
“While the IPO market has mainly been driven by technology companies ... Singapore Exchange Ltd. and Hong Kong Exchanges & Clearing Ltd. are re-writing their rules -- or at least looking into it -- to ... ( read original story ...)
China’s Ant Group CEO leaves after failed IPO prompts revamp
China's Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant's business, the first top management exit since a ... ( read original story ...)
Huawei sues HSBC in Hong Kong for documents US ‘wilfully withheld’ in extradition request
The company's chief financial officer Meng Wenzhou is currently being held in Canada as a result of a US extradition request. ( read original story ...)
Linklaters makes twin Hong Kong partner hires to boost corporate and banking teams
Nolet, meantime, focuses on advising banks and financial institutions, private equity funds and corporates on banking, finance and restructuring transactions. Notably, Nolet's arrival restocks the ... ( read original story ...)
How One Gym Sent Tremors Through Hong Kong’s Financial Industry
A Covid-19 outbreak traced to a physical trainer in an up-and-coming neighborhood sends the city’s small but influential expatriate community into a panic. ( read original story ...)