Business LeadersFeaturedHSBC asset management appoints new CEO for Apac and Hong KongIFM CorrespondentNovember 2, 2021 by IFM CorrespondentNovember 2, 2021 HSBC appointed Daisy Ho, who will replace Pedro Bastros... Read more
FeaturedLogisticsESR Cayman raises $750 mn for a new logistics fund in JapanIFM CorrespondentOctober 26, 2021 by IFM CorrespondentOctober 26, 2021 The funds were raised from notable investors such as the real estate division of France’s AXA Investment Managers... Read more
FeaturedFintechHong Kong-based fintech Hyphen to go public with Provident Acquisition mergerIFM CorrespondentOctober 14, 2021 by IFM CorrespondentOctober 14, 2021 The merger could value Hyphen at $1 bn... Read more
CurrencyFeaturedHong Kong takes first step towards central bank digital currencyIFM CorrespondentOctober 6, 2021 by IFM CorrespondentOctober 6, 2021 Hong Kong’s central bank has published a technical whitepaper for a potential retail digital currency... Read more
FeaturedFintechAirwallex secures money services business licence in MalaysiaInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 Airwallex also recently launched in the US as a part of its global expansion plans... Read more
FeaturedTechnologyChina’s biggest AI firm SenseTime files for Hong Kong IPOInternational Finance Business DeskAugust 31, 2021 by International Finance Business DeskAugust 31, 2021 The company was recently blacklisted in the US... Read more
FeaturedInsuranceHong Kong-based insurtech OneDegree raises $28 mn to expand in AsiaInternational Finance Business DeskAugust 30, 2021 by International Finance Business DeskAugust 30, 2021 Investors such as Sun Hung Kai and AEF Greater Bay Area Fund took part in the funding round... Read more
EconomyFeaturedHong Kong’s GDP to grow by 6.5% in 2021International Finance Business DeskAugust 16, 2021 by International Finance Business DeskAugust 16, 2021 The economy grew 7.8% in the first six months of the year... Read more
FeaturedLogisticsESR buys ARA to become the largest real estate asset manager in APacInternational Finance Business DeskAugust 5, 2021 by International Finance Business DeskAugust 5, 2021 After the deal is completed, both the companies will have a combined asset of $129 bn under asset management... Read more
BankingFeaturedHong Kong financial watchdog fines UBS $11.55 mn for regulatory breachesInternational Finance Business DeskAugust 5, 2021 by International Finance Business DeskAugust 5, 2021 UBS is being fined for its failure to disclose its financial interests in some Hong Kong listed companies... Read more