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Business 27 Dec 2014 | 12:00 AM

Kong: Nirvana Asia will deliver on promise to investors

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.

Analyst Reports 05 Sep 2015 | 12:00 AM

Hong Kong dollar a natural hedge

Hong Kong Monetary Authority has a problem. It’s facing excessive inflows that is overwhelming its capacity to manage the Hong Kong dollar peg.

Corporate News 27 Mar 2019 | 11:07 AM

StanChart JV, two others win Hong Kong online-banking licence

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.

Corporate News 18 Apr 2018 | 12:00 AM

Temasek keen to buy into HNA’s Hong Kong carriers

SINGAPORE: Singapore state investor Temasek Holdings has expressed interest in buying into Chinese conglomerate HNA’s Hong Kong-based carriers, Hong Kong Airlines and Hong Kong Express Airways, according to a source.

Banking 15 Jul 2017 | 2:58 PM

Will chums among Hong Kong’s financial gatekeepers hold the barbarians at bay?

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.

Business 28 Jun 2019 | 11:15 PM

Many Hong Kong youths look to flee to Malaysia, Taiwan, Thailand

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.

Business 22 May 2019 | 3:02 AM

Hong Kong raises US$1bil in oversubscribed first green bond

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.

Banking 29 Mar 2019 | 12:00 AM

Hong Kong starts granting licences for virtual banks

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.

Insurance 21 Dec 2018 | 12:00 AM

Hong Kong gives first online-only insurance licence to Sun Life-backed firm

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.

Corporate News 20 Dec 2018 | 7:54 AM

Hong Kong gives first online-only insurance licence to Sun Life-backed firm

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.