Markets
HKEX mulls establishment of New York office
The office is expected to open as early as 2022.
HSBC appoints co-heads for commercial banking business in Asia: report
Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.
HKEX profit declines anew, falling to HK$3.3 billion in Q3
The bourse’s income was dragged down by the delay in potential billion-dollar IPOs.
HKEX enters China's derivatives market with A-share futures launch
The bourse’s new futures contract is based on the MSCI China A 50 Connect Index.
How HKEX's A-share futures launch will shake up Singapore’s monopoly in China
SGX shares already slumped 4% when HK announced the futures’ launch on 23 August.
HK cancels Wednesday stock trading due to Typhoon Kompasu
The Hong Kong-China stock connect and derivatives markets were also halted.
Evergrande shareholder Chinese Estates offers to go private
The firm’s remaining stake is being bought at HK$1.91b.
Hang Seng reveals new sustainability rating scale
It reflects companies' performance using the ESG maturity model.
Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report
UBS recently shifted to two senior bankers and might move eight more to China.
Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA
BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.
International Housewares net profit rose 68.9% YoY
It also reached a “historical high” revenue of HK$2.7b.
Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns
The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.
Hong Kong arrests 4 in alleged $155m crypto money laundering case: report
This is the first time that the city detected a money laundering case with cryptocurrency.
Growing exodus of junior bankers poses talent shortage for banks in Asia: report
Even raises of up to 30% has failed to stop junior investment bankers from leaving.
Why Hong Kong’s Small Businesses Need to Reimagine Future Growth
Hong Kong’s small business owners need to act quickly if they’re to mitigate against supply chain disruption and find customers in new markets.
Read Here
Advertise
Sign Up
