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Enoch Yiu
Chief Reporter, Business
Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.
New life insurance sales in the first nine months of 2024 stood at HK$169.6 billion (US$21.8 billion), the highest since the authority set up in 2016.
Officials from Saudi Arabia, UAE, Oman and Qatar say Hong Kong can a play a major role to help diversify their economies.
To avoid reducing its appeal for wealthy families, Hong Kong will need to look at ways other than higher taxes to trim budget shortfalls, Bonds Group says.
HKMA and PBOC have been working on syncing the Faster Payment System and the mainland’s Internet Banking Payment System.
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New incentives will enhance Hong Kong’s role as an offshore yuan hub as well as deepen the city’s bond market with more institutional players.
WeLab Bank, ZA Bank and Mox Bank believe face-to-face interactions would be a good addition, while Livi Bank does not see a need.
Gao’s license in Hong Kong lapsed at the end of last month, and he is no longer working at a financial firm in the city, SFC records show.
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Hong Kong lags behind many markets despite a new rule requiring listed companies to have at least one woman on their boards of directors.
Speculation about ending the peg reflects ‘misconceptions due to a lack of understanding’, says head of de facto central bank.
Micro Connect pooled more than 11,000 stores and 688 brands in China in 2023, sharing US$113.2 million of revenue with investors.
The increase of HK$102.4 billion (US$13 billion) works out to HK$21,500 per member, says MPF Ratings.
HKEX proposals on public float and allocation requirements would help city draw more listings, institutional investors, UBS says.
Number of listed firms with all-male boards fell to 3 per cent from 40 per cent when rule was first announced in 2022, HKEX data shows.
Latest deal brings total issuance in Hong Kong to US$748 million since insurance-linked securities were made possible in 2021.
Changes to the Mutual Fund Recognition will expand the scale of products for investors, thus reinvigorating the scheme: HKIFA.
UBS says wealthy clients have their eyes on China markets due to stimulus measures.
EV battery maker CATL and condiment producer Foshan Haitian are among mainland industry champions seeking a listing in Hong Kong in 2025.
Bonds issued and listed on the Chongwa (Macao) Financial Asset Exchange surged 46 times this year compared with US$600 million in 2018.
UBS, JPMorgan and BNP Paribas among key players seeking to attract family offices.
A straw poll of 10 analysts surveyed by the Post expect up to three rate cuts by the Federal Reserve and HKMA totalling as much 75 basis points.
A recent World Gold Council survey showed 81 per cent of respondents expect central banks to bolster their gold reserves in the coming year.
Residents older than 65 years made up about 22 per cent of Hong Kong’s population of 7.5 million people in 2023, according to government data.
MPF Ratings says ‘members may be tempted to have a US bias in their portfolio, but diversification is important’.
HSBC, Cigna are among companies pledging to raise their contributions to social welfare causes next year.
An ageing population and shortage of doctors have led more Hongkongers to go north to get medical treatment, Cigna’s Hong Kong CEO says.
The award marks the first deal since a senior Beijing official told real estate tycoons to ‘recognise their responsibilities’ and to have faith in the market.
Friday vote will turn Chinese Gold & Silver Exchange Society into a corporation called Hong Kong Gold Exchange.
Changes to board representation and listing rules are aimed at making Hong Kong a more attractive listing destination, HKEX says.
The latest rate cuts by lenders such as HSBC and Bank of China will lighten the monthly burden on mortgage borrowers by about HK$351 to HK$22,452.
The company’s shares slipped 6.7 per cent to HK$5.27 on Wednesday, bringing the slide this year to 55 per cent.
