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Tag: Hong Kong

Posted on April 27, 2024

Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation

KB, Shinhan, Hana, Woori and NongHhyup — have set aside a total of nearly 1.7 trillion won ($1.2 billion) in reserve for the compensation of losses related to the misselling of equity-linked …
Posted on April 27, 2024

Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation

KB, Shinhan, Hana, Woori and NongHhyup — have set aside a total of nearly 1.7 trillion won ($1.2 billion) in reserve for the compensation of losses related to the misselling of equity-linked …
Posted on April 27, 2024

Private Credit Is Disrupting Hong Kong Bankers’ Cozy Lives

Does the city really need 197,800 financiers when deep-pocketed private credit is marching in and cutting out the intermediaries?
Posted on April 27, 2024

BKFC owners at Triller acquired by Hong Kong-based finance company in $4 billion merger

Triller, the social media platform that counts BKFC as one of its largest assets, has been acquired in a merger with AGBA, a Hong Kong based finance company.
Posted on April 27, 2024

Jamaica pleased with second World Bank cat bond, Hong Kong support: Minister of Finance

The Caribbean island nation of Jamaica is “pleased” to have secured coverage from its second World Bank supported catastrophe bond, Finance Minister Dr.
Posted on April 26, 2024

The Karl Lagerfeld Macau

Officially back with a bang, Hong Kong’s neighbouring getaway sports a fresh crop of luxury stays – here’s our pick of the new openings to book now …

( read original story …)



Posted on April 26, 2024

USTR identifies Bangladesh among top-five counterfeit product suppliers

China (together with Hong Kong) continues to be the largest origin economy for counterfeit and pirated goods, accounting for more than 85 percent of global seizures of counterfeit goods from 2017 to …

( read original story …)



Posted on April 23, 2024

China bubble tea chain plunges in Hong Kong debut

Shares in Chinese bubble tea chain Sichuan Baicha Baidao, which is also known as Chabaidao, have fallen by more than 30% in their first day of trading on the Hong Kong Stock Exchange. Chabaidao’s …
Posted on April 22, 2024

Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.

Neom officials visited Beijing, Shanghai, and Hong Kong to court Chinese investors and shed more light on the $500 billion undertaking.
Posted on April 22, 2024

Chinese Restaurants Spur Hong Kong’s Retail Property Recovery

Chinese restaurants are increasingly flocking to Hong Kong, giving a lift to the property market, according to realtor Midland IC&I.

( read original story …)



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