Outplacement services hong kong

HONG KONG: HSBC will suspend overnight services at 19 ATM clusters in Hong Kong on weekends and public holidays, the bank said on Friday (Jan 3), two days after its branches and ATMs were targeted during anti-government protests . Hong Kong is the bank's single most important market, accounting for just over half of its US$12.5 billion pre-tax profits in the first half of 2019. Until mid-December, HSBC had largely escaped direct involvement in the often violent anti-government protests that have shaken Hong Kong for more than six months even as other companies with perceived links to Beijing saw premises vandalised. READ: HSBC kicks off year with Hong Kong branches closed, vandalised Since then, HSBC has drawn the ire of some protesters who accuse it of being complicit in action by the authorities against activists trying to raise money to support their campaign. HSBC strongly denies any connection. The 19 groups of ATM machines are located in common protest … [Read more...] about HSBC to stop weekend, overnight services at some Hong Kong ATMs after branches vandalised

HONG KONG: WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to US$10 billion, two sources with direct knowledge of the matter said. The Hangzhou-based company, which is backed by Tencent Holdings Ltd and Goldman Sachs, could look to raise up to US$1 billion in the IPO, and could be among the first major Hong Kong listings since the coronavirus outbreak began. WeDoctor has invited investment banks in Hong Kong and mainland China to a 'beauty parade', which will be held via video conferencing and in person at the company's offices for bankers located in China, three sources said. The company's new chief financial officer John Cai, who is set to join from WeDoctor shareholder and strategic partner AIA where he was chief executive, will take part in the discussions from Hong Kong with bankers in the city. Founded in 2010 by artificial intelligence expert Jerry Liao, … [Read more...] about Tencent-backed WeDoctor invites banks to lead US$1 billion Hong Kong IPO, sources say

SINGAPORE: Singapore has cautioned wealth managers against aggressively marketing their services or making other efforts to woo clients to the city state by capitalising on rival Hong Kong's political turmoil , people with knowledge of the matter said. Officials from the Monetary Authority of Singapore (MAS) made the request last month to wealth managers, including DBS and a unit of Oversea-Chinese Banking Corp (OCBC), the people said, declining to be identified given the sensitivity of the matter. READ: Wealth managers head to Singapore as China concerns dim Hong Kong's lure The central bank told bankers it wanted to ensure wealth managers in Singapore were sensitive to the situation in Hong Kong and did not design campaigns specifically targeting business from Hong Kong, the people said. The move comes as Hong Kong has been thrown into turmoil by a proposed extradition bill - declared dead this week by its chief executive Carrie Lam - that for the first time would … [Read more...] about Singapore cautions wealth managers on aggressively courting Hong Kong business

HONG KONG/BEIJING: Beijing on Thursday (Jun 13) described the mass protests against Hong Kong's extradition bill as "riots", and said it supported the local government's response. Hong Kong Police Commissioner Stephen Lo He said what began as a peaceful gathering on Wednesday had degenerated into a riot with protesters "acting violently in an organised manner". Police arrested 11 people while 22 officers were injured and police had fired about 150 tear gas canisters, he said. Police used rubber bullets and tear gas to break up crowds Wednesday after demonstrators - angry over legislation they say would leave people vulnerable to China's opaque justice system - blocked roads and brought the city to a standstill. Videos of Hong Kong police beating protesters have sparked accusations of brutality. READ: Police face mounting brutality claims after Hong Kong clashes As of 5pm on Thursday, there were 81 casualties related to the protests, the Hospital Authority said. These … [Read more...] about Hong Kong police arrest 11, Beijing voices support for action against ‘riots’

HONG KONG: Hong Kong's embattled leader Carrie Lam on Tuesday (Nov 12) said protesters who are trying to "paralyse" the city were extremely selfish and hoped all universities and schools would urge students not to participate in violence. Lam was speaking a day after police shot a protester and a man was set on fire in some of the most dramatic scenes to grip the city during the more than five months of civil unrest. READ: Hong Kong on edge as police fire tear gas at university campus READ: Flash mob wreaks havoc in heart of Hong Kong financial district Earlier on Tuesday morning, riot police fired tear gas at City University's campus in Kowloon Tong. Some railway services were suspended and roads closed across the Asian financial hub for a second day, with long traffic jams building in the morning rush hour. Riot police were deployed at MTR stations across the territory, and classes cancelled at universities and schools. READ: Hong Kong spirals into rare … [Read more...] about Hong Kong leader says protesters ‘paralysing’ the city are selfish