hong kong

With the painful adjustment period triggered by the onset of the pandemic and the dawning reality that the disease will not abate in the short-term, corporates in Asia are regrouping to restore the financial vitality of their businesses.

The law firm adds four partners and four lawyers to its Corporate & Securities practice.

Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), tells FinanceAsia how he is leading the local banking market towards greener pastures.

For these new lenders, making a splash with attractive rates was just the first step. The real challenge begins now as they confront a crowded marketplace and deal with complex issues such as risk management and data protection.

Hong Kong healthcare fund manager and other shareholders this week announced exit from Kymab in $1.1 billion deal with French drugmaker Sanofi.

After the rapid strides it has made as a destination for biotech listings in less than three years, Hong Kong now faces bigger challenges in overtaking New York.

Companies floating shares in city expected to raise between $54.2 billion and $59.3 billion this year, with biotech listings continuing to be active.

It was once off-limits, but now MPF fund managers can put more of the pension pot into mainland China’s thriving and tech-heavy bourses in Shanghai and Shenzhen.

Appointment comes amidst healthy fund inflows into SPDR’s four Hong Kong-listed ETFs, which have attracted $1.89 billion so far this year