(Bloomberg) — The insider dealing case against hedge fund firm Segantii Capital Management, its founder Simon Sadler and former trader Daniel La Rocca has been adjourned to Oct. 15. Most Read from Bloomberg No pleas were given, as the defendants asked for unused material and evidence related to the case at a Hong Kong District […]
The Hong Kong Academy for Wealth Legacy will host a three-day summit in September, marking its latest effort to promote the city as a hub for wealthy families to pursue investments, establish succession planning and support various charities. “The academy will arrange various activities to allow the family office principals to share their knowledge on […]
BEIJING (Reuters) – Foreigners who are permanent residents of Hong Kong and Macau and are looking to visit mainland China can apply for multiple-entry travel visas with validity of five years, China’s National Immigration Administration said on Monday. From July 10, foreign permanent residents of the two Chinese-ruled cities will be eligible to apply for […]
Ten same-sex couples have tied the knot in the United States over the internet from Hong Kong. The semi-autonomous former British colony does not formally recognise such unions, but offers them legal protections. The event was timed to mark Pride Month, with a registered celebrant from the American state of Utah making the marriages official. […]
The momentum of Hong Kong’s initial public offerings (IPO) has picked up since April, auguring well for the exchange as it claws its way back in the rankings of the world’s top spots for fundraising. “We are vetting about 110 listing applications, many of them coming in the second quarter,” Bonnie Chan Yi-ting said in […]
Interested in capping off your trip to Hong Kong with a long weekend in Beijing or Shanghai? A new high-speed sleeper train service is making that possibility easier than ever. Two new overnight routes connecting the city with Beijing and Shanghai entered into service on June 15. Both trains depart Hong Kong West Kowloon Station […]
By Xie Yu HONG KONG (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent […]
By Xie Yu HONG KONG (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent […]
HONG KONG (Reuters) – China Evergrande’s former CEO, who Chinese regulators recently said was “uncontactable”, has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat […]
InvestHK, the agency responsible for attracting foreign investment, said at least two dozen proptech companies are expected to set up in the city, after attracting HK$273.7 million (US$35 million) of investments from 25 companies in the sector last year. These investments came from eight countries and regions. 12 companies from China set up in the […]
The Hong Kong government has cancelled the passports of six overseas-based activists under the new national security law, stepping up its crackdown on dissidents who moved abroad. Those affected were former pro-democracy legislator Nathan Law, unionist Mung Siu-tat and activists Simon Cheng, Finn Lau, Johnny Fok and Tony Choi – all accused of endangering national […]
(Bloomberg) — A prominent UK judge who resigned from Hong Kong’s top court has warned of “grave danger” to the finance hub’s coveted legal system, in a scathing critique of China’s crackdown on dissent in the city. Most Read from Bloomberg Jonathan Sumption, who served as an overseas judge at the city’s Court of Final […]