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World Bank issues $350 catastrophe bond in HK, first ever in the city, demonstrates city's position as global financial hub

The World Bank issued $350 million in insurance-linked securities (ILS) in the form of Chile Catastrophe Bond in the Hong Kong Special Administrative Region (HKSAR) on Tuesday, marking the inaugural listing of ILS in Hong Kong and its fourth ILS issuance overall, as the city continues leveraging its role as the “super connector” between the Chinese mainland and the world to attract global investors. ....

World Bank ,

HONG KONG U.S. fraud charges laid against Chinese cryptocurrency entrepreneur Justin Sun could set back plans by a digital asset exchange that coun ....

Hong Kong , Justin Sun , Tron Foundation , Exchange Commission On , Exchange Commission , Sun S ,

HONG KONG U.S. fraud charges laid against Chinese cryptocurrency entrepreneur Justin Sun could set back plans by a digital asset exchange that coun ....

Hong Kong , Justin Sun , Exchange Commission On , Tron Foundation , Exchange Commission , Sun S ,

TOKYO Asian cities that fully reopened earlier than others after the COVID-19 pandemic saw a rise in business travel expenses, according to a study ....

United Kingdom ,