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Tag: Hong Kong

Posted on July 14, 2023

‘Unacceptable’: Hong Kong’s small auditors are cutting corners, threatening to undermine city’s finance hub status, says accounting watchdog

Their attitude in compromising audit quality either by impaired objectivity or by cutting corners is unacceptable,’ says regulator’s head of inspection Edmund Wong, a lawmaker for the sector, said …
Posted on July 14, 2023

‘Unacceptable’: Hong Kong’s small auditors are cutting corners, threatening to undermine city’s finance hub status, says accounting watchdog

Their attitude in compromising audit quality either by impaired objectivity or by cutting corners is unacceptable,’ says regulator’s head of inspection Edmund Wong, a lawmaker for the sector, said …
Posted on July 14, 2023

OKX onboards 10K users within one month of launch in Hong Kong

OKX, a cryptocurrency exchange, said it garnered over 10,000 new user registrations within a month of launching its operations in Hong Kong.
Posted on July 14, 2023

Wanted Hong Kong activist’s relatives taken for questioning by police

Pro-democracy activist Nathan Law is interviewed by journalists outside the Final Court of Appeal after being granted bail in Hong Kong, China October 24, 2017. REUTERS/Bobby Yip/File Pho …
Posted on July 13, 2023

HSBC Expands Green Finance and Bond Teams in China Amid Geopolitical Uncertainties

Despite geopolitical uncertainties, HSBC Holdings, Plc (NYSE: HSBC) is building its green finance and bond teams in China after acquiring Hong Kong-based specialist asset manager Green Transition …
Posted on July 13, 2023

IMAX Proposes to Take Full Control of China Unit in $124 Million Deal

(Reuters) – Cinema operator IMAX said on Wednesday it has proposed to acquire full ownership of its Hong Kong-listed, China subsidiary in a deal valued at about $124 million. The acquisition of IMAX …
Posted on July 12, 2023

Two Hong Kong mansions sold at $25 million discount as property market slumps

Two Hong Kong mansions located at the Peak have been sold for a combined HK$560 million ($71.5 million), about HK$200 million less than the asking price, according to a local newspaper. The homes are …

( read original story …)



Posted on July 12, 2023

Chairman of Bangladesh’s Securities Regulator Got Payments From Bank Accounts Used for Alleged $13-Million Fraud

A Hong Kong trading company was allegedly defrauded out of more than $13 million in a sophisticated international scam. Their investigations led them to a convicted Bangladeshi fraudster — and …
Posted on July 11, 2023

Markets rise as China pledges fresh property support

Stock markets rose yesterday, with Hong Kong and Shanghai lifted by China moves to support its struggling property sector.

( read original story …)



Posted on July 11, 2023

Asian Markets Rise As China Pledges Fresh Property Support

Asian markets rose Tuesday, with Hong Kong and Shanghai lifted by China moves to support its struggling property sector and authorities’ pledged further help for the economy.

( read original story …)



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