The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific …
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific …
Finance Minister meets Bahrain’s Honorary Consul to Hong Kong
Manama, Dec. 12 (BNA): Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, received Oscar Chow, Honorary Consul of Bahrain to Hong Kong, in the presence of Shaikh Abdulla …
Finance Minister meets Bahrain’s Honorary Consul to Hong Kong
Manama, Dec. 12 (BNA): Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, received Oscar Chow, Honorary Consul of Bahrain to Hong Kong, in the presence of Shaikh Abdulla …
Mystery big spender snaps up 26 Hong Kong flats for HK$150 million in 1-day shopping spree
A mystery buyer splurged HK$150 million (US$19.3 million) to snap up 26 new flats in Hong Kong’s Kai Tak district in a one-day shopping spree. The flats were acquired in projects such as Double Coast …
A Hong Kong Property Dynasty’s Perpetual Dilemma
Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.
Hong Kong residential transactions hit five-month high of 4,697 units in October
The total sales value was over HK$37 billion. Following the US cutting interest rates in November by another 0.25%, six major Hong Kong lenders lowered their prime lending rates for a second time this …
Kyrgyzstan seeks to raise more funds via Hong Kong
Kyrgyzstan is seeking more investment to facilitate its domestic infrastructure development eyeing the financial hub Hong Kong as an important gatewa …
Exclusive: China regulators tell banks to expedite offshore company listings, sources say
Regulators in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up Chinese companies’ listings in the city, said sources, in a bid to boost fundraising overseas and revitalise the world’s No.
New World faces risk of mounting losses amid Hong Kong property slump
New CEO Huang has to grapple with looming losses on costly projects in a market downturn Echo Huang Shaomei, the newly appointed CEO of heavily indebted New World Development (NWD), is facing a host …