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Hong Kong's Floods to Hit Insurers' Earnings, Could Pressure Reinsurance Renewals

The recent devastating floods following Super Typhoon Saola in Hong Kong and other parts of China may add further pressure to the upcoming reinsurance ....

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HONG KONG Hong Kong police have arrested six people in connection with suspected cryptocurrency fraud involving at least 1 billion Hong Kong dollar ....

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Major Australian lender shuts Hong Kong office

NAB is the second major Australian financial institution to be leaving the Chinese financial hub this year, following the exit in June of Westpac, which was fined by Hong Kong authorities for breaching anti-money laundering and counterterrorism rules. ....

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Unprecedented attendance to Belt and Road summit shows 'Hong Kong back on the world's center stage'

With nearly 6,000 attendees and over 100 overseas and mainland delegations to the 8th Belt and Road summit in Hong Kong, Hong Kong is back on the world stage, eyeing closer partnerships with regions including the Middle East and Southeast Asia as the year also marks the 10th anniversary of the Belt and Road Initiative (BRI). Such unprecedented gatherings and sharing of opportunities also defy the US-led containment and suppression against China’s special administrative region (SAR), in addition to its smears on the BRI, observers said. ....

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