Category: Korea

Mar 14 2025

Hong Kong, Korea, Mainland, Stocks

Citi Sued by More Ex-Sales Traders Over 2019 Hong Kong Firing

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Three former Citigroup Inc. equity sales traders filed wrongful termination claims against the US bank in Hong Kong this month, after a court in the city ruled that one of...

Mar 13 2025

Hong Kong, Korea, Mainland, Stocks

5 ways Hong Kong would benefit from a universal pension scheme

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Readers discuss why the city should invest in social infrastructure, the advantage of shorter working hours, and the HK$2 fare concession Feel strongly about these letters, or any other aspects...

Mar 12 2025

Hong Kong, Korea, Mainland, Stocks

Jim Banks Introduces Bill to Prevent Pension Plans from Investing in Chinese Companies

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The bill would prohibit American 401 (k)s and other retirement plans from funding companies based in China, Russia, Iran, and other adversarial countries.

Mar 11 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong urged to review public housing income threshold with new minimum wage

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Many full-time workers will quit their job and take odd jobs to ensure their income will not exceed the application threshold,’ lawmaker Dennis Leung says.

Mar 10 2025

Hong Kong, Korea, Mainland, Stocks

Hong Kong women urged to invest sooner, not just save, with retirement costs expected to reach nearly 70% of their income

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Women in Hong Kong are being encouraged to start investing early to avoid financial difficulties after retirement. Hong Kong Fidelity International head Charlot …

Mar 08 2025

Hong Kong, Korea, Mainland, Stocks

Women in Hong Kong face huge retirement income shortfall, Fidelity study shows

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For nearly half the working women in Hong Kong, their main concern is insufficient income after retiring, according to one of the largest managers of the Mandatory Provident Fund (MPF),...

Mar 07 2025

Hong Kong, Korea, Mainland, Stocks

HK women investors prioritize lower-risk asset options

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Despite stocks being the most popular financial products among women in Hong Kong, they prioritize lower-risk asset options overall, with the top three allocation compositions being cash savings ( 26%...

Mar 07 2025

Hong Kong, Korea, Mainland, Stocks

Alibaba’s Sudden ADR Discount Shows Fear of US-China Decoupling

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Donald Trump’s push to restrict US investments in China is testing what in theory should be an ironclad financial relationship — the tight link between Chinese shares trading in New...

Mar 06 2025

Hong Kong, Korea, Mainland, Stocks

GUM: Each HK MPF Member Earns Average of HKD6,756 in Feb

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Hong Kong’s Mandatory Provident Fund (MPF) advisor GUM reported that Chinese and Hong Kong stocks mushroomed in February, with each MPF member earning an average of HKD6,756 for the month....

Mar 06 2025

Hong Kong, Korea, Mainland, Stocks

MPs under mounting pressure to launch probe into HSBC savings scandal

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Campaigners are demanding executives answer questions about withholding nearly £1bn from people who fled to escape a crackdown.