Financial Services
Hong Kong's private banking assets hit $7.81t in 2017
Hong Kong's private banking assets hit $7.81t in 2017
More than half of total assets came from overseas locations.
Hong Kong launches Open API framework for banks
The central bank hopes that lenders start deploying open APIs within six months.
Hong Kong to launch blockchain-powered trade finance platform in September
This involves the participation of the central bank and seven other lenders.
MetLife Hong Kong bags three accolades at Insurance Asia Awards 2018
They recognised the firm's insurtech integration.
Hong Kong bourse brushes off Shanghai and Shenzen dual-class share ban
Access to WVR firms has been banned amidst a reported lack of understanding of the new reform.
Transfer pricing law gazetted
It ensures that the concessionary tax regime meets international standards.
Taipei-listed post-production house plans Hong Kong IPO
VHQ Media Holdings believes a local listing will boost its Chinese growth prospects.
SFC slaps $4m fine on Citi's Asia unit for 'dark pool' breaches
Over 130 clients were able to access ALP without proper assessment.
Xiaomi rebounds with a 14% climb after lacklustre debut
Its share price surged to $19.14 in early afternoon trading from its IPO of $17.
SFC slaps $24m fine on China Construction Bank's investment arm
CCB International Capital failed to conduct reasonable diligence on Fujian Dongya’s listing.
Cash is still king in Hong Kong as only a fifth embrace e-payments
Nearly 70% cite that they remain unfamiliar with the tech required to go cashless.
Goldman, Citi bankers abandon posts to cash in on biotech hype
At least seven senior bankers and analysts have quit since December.
Life annuity scheme unveiled for senior citizens
Men will receive a monthly payout of $5,800 whilst women get $5,300.
Credit Suisse's Hong Kong unit ordered to pay $369.08m to settle hiring corruption probe
The bank reportedly made preferential hires to win business.
How can Hong Kong banks reconcile third party data sharing with cybersecurity?
Banks need robust cyber resilience strategies to plug risks.
Hong Kong's average IPO size shrunk 10% in the first half of the year
There were, however, double the number of listings as small to medium sized companies rushed to list.
Xiaomi raises $36.88b in IPO
The company reportedly priced the sale of 2.18 billion shares at $17 each.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+
How student hostels conversion projects can qualify as social loans