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HKEX to set up two overseas offices in US, Europe to attract more global IPOs, investment, CEO Aguzin says
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, will establish two international offices over the next year to reach out to more overseas investors and market the city as a fundraising destination, according to its chief executive.
Beijing mulls reducing hotel quarantine to one week for international travellers with 7+7 policy, sources say
Beijing is considering relaxing its quarantine requirements for international arrivals to a 7+7 policy, which would consist of seven days in a hotel and then seven days of health monitoring at home, reducing the hotel stay from 10 days, in response to appeals from investors.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Sunday (May 22, 2022)
SHAH ALAM: Macau scam cases in the state are at an alarming level with 156 cases recorded from January to April this year involving RM19.8mil in losses.
Controlling stake in Arm China may shift to little-known entity as chip joint venture’s ownership saga drags on
Arm China, which has just ended a boardroom bust-up by ousting its former chairman, may end up in the hands of an entity that has little or no public profile, adding a layer of mystery to the British chip design firm’s joint venture.
A surge in the number of Chinese professionals looking for emigration opportunities in response to China’s strict zero-Covid measures could affect the country’s ambitions to become a science and technology superpower.
PETALING JAYA: An IT executive lost RM200,000 to bogus bank officials and police personnel of a Macau scam.
GEORGE TOWN: A businessman from Port Dickson lost a record RM21mil in a Macau scam after he allegedly revealed his bank Transaction Authorisation Code (TAC) numbers to a “bank official”.
GEORGE TOWN: A businessman who reportedly lost a total of RM21mil to an alleged Macau scam is from Port Dickson and not Penang, says Selangor Commercial Crime Investigation Department chief Asst Comm Azman Ali.