Tom Chan Pak-lam

New Business

End of an era: Hang Seng Bank to leave Hang Seng Index after 53 years if buyout passes

Hang Seng Bank will be removed from the Hang Seng Index after the close on January 14 if shareholders approve…

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New Business

Exclusive | Mainland Chinese financial firms seeking strategic Hong Kong headquarters on the rise: Citigroup

A growing number of mainland Chinese financial institutions and international companies have shown interest in establishing regional headquarters in Hong…

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New Business

Hong Kong to renew contract of SFC CEO Julia Leung for another two years: sources

Leung, a former journalist at The Asian Wall Street Journal, started her term as the first female head of the…

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New Business

Hong Kong international schools’ debentures and capital levies: how do they work?

A court case has thrust the financial practices of Hong Kong’s international schools into the spotlight, prompting fresh scrutiny of…

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New Business

Hong Kong fights carry trade pressure with US dollar sales to maintain currency peg

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market on Tuesday, for the sixth time since late…

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New Business

HKMA intervenes in the market for the fifth time in 2 weeks to defend currency peg

The Hong Kong Monetary Authority (HKMA) intervened in the foreign-exchange market on Friday for the fifth time in two weeks,…

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New Business

Delisting of US-listed Chinese firms to boost Hong Kong’s status as fundraising hub

Hong Kong is likely to benefit from the delisting of mainland Chinese firms from American exchanges should the US follow…

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New Business

Hong Kong activist investor to shut Webb-site data platform amid battle with cancer

Corporate governance activist David Webb will shut down his information services platform Webb-site.com after almost three decades, saying he only…

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New Business

Galaxy Entertainment appoints founder Lui Che-woo’s eldest son as chairman

Macau casino and resort operator Galaxy Entertainment Group has named Francis Lui Yiu-tung, the eldest son of the recently deceased…

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