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Ecuadorian bank cyber thieves used HSBC accounts in HK

28-May-2016 Intellasia | Computing.co.uk | 6:00 AM

Question marks over HSBC’s ‘know your customer’ processes as lawsuit shows how thieves used front companies in Hong Kong to launder money stolen in SWIFT [...]
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HK’s Stock Exchange Aims to Launch First Yuan Benchmark Index

27-May-2016 Intellasia | WSJ | 6:00 AM

Index intended to help traders manage the risks around China’s currency, make money by betting on currency pairs Hong Kong’s stock exchange wants to create a [...]
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HK Exchange says 15 firms buy back shares

27-May-2016 Intellasia | Reuters | 6:00 AM

The Hong Kong stock exchange said on Wednesday 15 companies had repurchased their ordinary shares in the market. The following is a table regarding share buybacks: Company [...]
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Exclusive: In Ecuador cyber heist, thieves moved $9 million to 23 HK firms

27-May-2016 Intellasia | Reuters | 6:00 AM

Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through 23 companies registered in Hong Kong, some of them with no clear business [...]
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HK has the longest working week in the world, study says

27-May-2016 Intellasia | Coconuts | 6:00 AM

Working nine to five sounds pretty darn good right now. Out of 71 global cities listed in the “working hours” index of UBS’ annual “Prices and [...]
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Hackers Use 23 HK Firms to Hide Millions Lifted From Ecuador Bank

27-May-2016 Intellasia | Fortune | 6:00 AM

The thieves allegedly moved the funds through the SWIFT global messaging system. Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through [...]
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HK Exchange says 11 firms buy back shares

27-May-2016 Intellasia | Reuters | 6:00 AM

The Hong Kong stock exchange said on Thursday 11 companies had repurchased their ordinary shares in the market. The following is a table regarding share buybacks: Company [...]
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Daughter of detained HK bookseller appeals for US help

26-May-2016 Intellasia | Reuters | 6:00 AM

The daughter of a Hong Kong-based bookseller detained in China appealed on Tuesday for US help in pressing China for information about his status and securing his release. [...]
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Gold Sales in HK Face ‘Icy Winter’ on Tourist Downturn

26-May-2016 Intellasia | Bloomberg | 6:00 AM

Gold sales by retailers in Hong Kong are forecast to experience in 2016 the worst downturn in at least 15 years as fewer mainland shoppers spend less money on jewellery. [...]
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Chinese Food Company Zhouheiya Plans Up to $500 Million HK IPO

26-May-2016 Intellasia | WSJ | 6:00 AM

The firm, famous for its dried-duck snacks, could be the first food company to go public in Hong Kong this year A Chinese food company famous for its spicy dried-duck snacks [...]
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Daughter seeks US help over missing HK publisher

Daughter seeks US help over missing HK publisher

26-May-2016 Intellasia | AFP | 6:00 AM

The daughter of a Hong Kong-based publisher believed abducted by Chinese authorities eight months ago appeared Tuesday before a US congressional commission urging [...]
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HK’s Stocks Rally Most in Six Weeks as Developers Climb

26-May-2016 Intellasia | Bloomberg | 6:00 AM

Hong Kong’s stocks jumped the most in six weeks, as a surge in US home sales increased speculation the world’s biggest economy can withstand higher interest [...]
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Melbourne’s apartment bust escape route passes through HK

25-May-2016 Intellasia | The Australian | 6:00 AM

Over the past two to three weeks, prices of “used” apartments in Melbourne dropped significantly as more supply hit the market. This sets the stage for a [...]
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30.2 Million Chinese Outbound Trips In The First Quarter of 2016

25-May-2016 Intellasia | Forbes | 6:00 AM

“In 2015, more than 120 million person-time Chinese people traveled abroad” declared Li Keqiang, Premier of the People’s Republic of China, during his [...]
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HK Exchange says 13 firms buy back shares

25-May-2016 Intellasia | Reuters | 6:00 AM

The Hong Kong stock exchange said on Tuesday 13 companies had repurchased their ordinary shares in the market. The following is a table regarding share buybacks: Company name [...]
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