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Tag: Hong Kong

Posted on December 16, 2023

Exclusive: JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup , HSBC and Standard Chartered in the race for the mandate, two sources with …
Posted on December 15, 2023

Hong Kong gov’t amends national security law, allowing suspects’ assets to be frozen until legal proceedings end

The Hong Kong government has amended the Beijing-imposed national security law to allow authorities to freeze assets of suspects and defendants until all legal proceedings against them have concluded.

( read original story …)



Posted on December 15, 2023

BVTV: Hong Kong property

The city’s leader John Lee is talking tough on illegal structures. Tackling the issue will frustrate the rich and may hit government revenues but it would please Beijing and the public. Thomas Shum explains the growing necessity to act.

( read original story …)



Posted on December 15, 2023

China defends bounties offered for Hong Kong dissidents abroad

China has defended controversial cash bounties offered for Hong Kong dissidents who have fled abroad that have been heavily criticized by foreign governments and human rights groups.
Posted on December 15, 2023

Legal amendment allows Hong Kong’s security chief to freeze assets in national security cases until end of court proceedings

Changes to implementation rules under Article 43 of Beijing-imposed security law allow freezing notice issued by security minister to remain valid until end of proceedings …

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Posted on December 15, 2023

China Property Stocks Rally as Shanghai, Beijing Invite Home Buyers

Chinese property stocks climbed in Hong Kong after Beijing and Shanghai eased policies for home buyers, but analysts are divided on whether the momentum will last.

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Posted on December 14, 2023

Singapore Narrows the Gap With Hong Kong on Property Deals

Singapore is closing in on Hong Kong’s lead in real estate deals as the city-state benefits from its status as a wealth haven, while distressed property sales afflict the rival Asian financial hub.

( read original story …)



Posted on December 14, 2023

JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with …
Posted on December 14, 2023

Ample room remains for finance cooperation between Vietnam, Hong Kong

There remains huge room for Vietnam and Hong Kong (China) to cooperate in financial services, which can create capital flows for investment and trade activities in Asia and the world, participants heard at an event held in Ho Chi Minh City on December 13.
Posted on December 13, 2023

China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources

Officials from China’s Ministry of Finance met with Hong Kong’s three note-issuing banks as well as other local and foreign bankers for a few hours on Wednesday to collect views on how to strengthen …

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