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NIRVANA Asia Ltd founder Datuk Kong Hon Kong (pic) is confident that the company will deliver the financial results that it has promised to investors and its share performance will improve.
HONG KONG: Hong Kong has issued online-only banking licences to three groups, including joint ventures (JVs) of Standard Chartered and BOC Hong Kong, in what could be the biggest shake up in years in the city's retail banking sector dominated by old-guard lenders.
HONG KONG: These are important days for Hong Kong’s financial and insurance community. There are far-reaching debates within our city and major global trends under way that will determine the financial future of Hong Kong.
HONG KONG: Immigration consultants in Hong Kong have seen a dramatic surge in inquiries, especially from the young, after mass protests against an extradition bill that would allow people to be sent to mainland China from the Asian financial hub for trial.
HONG KONG: Hong Kong raised $1 billion from the sale of its first green bond on Wednesday, as the former British colony looks to establish itself as a centre for green finance.
HONG KONG: Hong Kong’s traditional banks are set to face one of their biggest challenges yet: a new breed of financial technology firms estimated to snare as much as 30% of their revenue.
HONG KONG: Hong Kong has awarded Bowtie Life Insurance, a company backed by Sun Life Financial’s Hong Kong unit, the first online-only insurance licence under the city’s “fast-track” scheme.
HONG KONG: Hong Kong has awarded Bowtie Life Insurance, a company backed by Sun Life Financial's Hong Kong unit, the first online-only insurance licence under the city's "fast-track" scheme.