Category: Hong Kong

May 22 2025

Hong Kong, Korea, Mainland, Stocks

US Downgrade Sounds Alarm for Hong Kong Funds in Treasuries

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Hong Kong’s pension fund managers have flagged the risk of potential forced selling on their Treasury holdings after a downgrade by Moody’s Ratings of US debt, according to people familiar...

May 22 2025

Hong Kong, Korea, Mainland, Stocks

$166B Pension Shock? Moody’s Downgrade Could Force Hong Kong to Dump US Treasuries

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Hong Kong’s pension giants may soon hit an uncomfortable ceiling. After Moody’s (NYSE:MCO) downgraded the US credit rating last week, fund managers operating under the city’s $166 billion Mandatory …

May 21 2025

Hong Kong, Korea, Mainland, Stocks

Billionaire Richard Li’s Insurer FWD Refiles For Hong Kong IPO

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With total assets of $53.7 billion, FWD Group has launched its fourth IPO attempt in Hong Kong, tapping into surging investor interest following battery giant CATL’s landmark listing.

May 21 2025

Hong Kong, Korea, Mainland, Stocks

What’s up with the U.S. credit downgrade?

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Thus, when the rating is downgraded, they could be forced to sell. In fact, reports have surfaced that Hong Kong pension fund managers are expressing concern that they may have...

May 19 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong stocks outperform mainland China by most since 2008

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Worries about Chinese economy and enthusiasm for HK tech stocks drive record high flows into city from mainland …

May 16 2025

Hong Kong, Korea, Mainland, Stocks

Navigating The End Of The MPF Offsetting Mechanism In Hong Kong : Implications For Employers.

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Navigating The End Of The MPF Offsetting Mechanism In Hong Kong : Implications For Employers. Legal News and Analysis – Hong Kong – Labour & Employment – Conventus Law …

May 12 2025

Hong Kong, Korea, Mainland, Stocks

Over 100 Ocean Empire staff owed money before sudden closure, union says, with claims totalling over HK$15M

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Restaurant chain Ocean Empire failed to pay over 100 workers before its sudden closure, with the Labour Department estimating that claims totalled around HK$15 million. Around 110 workers were not...

May 12 2025

Hong Kong, Korea, Mainland, Stocks

Safeguard workers when businesses shut in Hong Kong

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Irresponsible employers must be held to account when they abuse public funds to settle outstanding payments to employees It is sad but true that the weak economy and a changing...

May 10 2025

Hong Kong, Korea, Mainland, Stocks

‘Irresponsible’: Hong Kong congee chain slammed for asking government to pay workers

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Lawmaker, labour rights activist also say government’s safety net may not be able to cover the unpaid wages in full, following abrupt closure of 33-year-old chain.

May 08 2025

Hong Kong, Korea, Mainland, Stocks

Abolition of MPF Offsetting Mechanism in Hong Kong

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From 1 May 2025, in respect of Hong Kong’s MPF scheme, the MPF offsetting mechanism will be abolished, meaning that employers no longer will be …