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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'.
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'.
Areas of Expertise:
Reporting financial regulation, banking, pension, insurance, asset management, personal profileLanguages Spoken:
English, Mandarin, Cantonese
Hong Kong is already the world’s fourth-largest market for exchange-traded products, and the rapid growth in trading is set to continue, director says.
City can regain ground by attracting new economy companies and issuers from across Asean, Middle East and Europe, FSDC says.
The minimum investment of nearly US$8,000 for one of Hongkongers’ favourite stocks is set to drop. The question is how low it will go.
Quota expanded to 500 billion yuan from Friday, with tenor increased to two to three years, up from one.
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The Hongkong and Shanghai Hotels CEO says the move enhances its risk management capabilities and supports its long-term growth.
The city will also vet a license application for a new electronic fixed income and currency trading system.
The governor of China’s central bank says Beijing is set to increase capital allocation to the city to 800 billion yuan under the Bond Connect scheme.
Chief Executive John Lee announces ‘milestone’ for city’s gold trading ecosystem at Hong Kong FIC & Bond Connect Summit.
On average, each MPF member saw a pension savings loss of HK$5,087 in June, but gained HK$18,500 in the first six months, according to MPF Ratings.
Government says it seeks to upgrade its listing regime later this year, boosting the city’s financial hub status and market transparency.
MPFA to relax gold ETF investment approval rules as part of Hong Kong government’s push to turn the city into a regional gold trading hub.
The city plans to process its first gold settlement on Tuesday, according to those familiar with the matter.
Hong Kong is betting a simpler tax regime and upfront approvals will help it compete with rivals such as Singapore and Dublin.
The index falls amid growing unease after Hong Kong banks and Fed hold rates steady.
Despite the cross-border trading crackdown, analysts say Beijing will continue to allow investment in overseas markets via legal channels.
Failed developer’s creditors have been made HK$1 billion worse off by the agreement, liquidators say.
HSBC and Hang Seng Bank at 2.30pm said all mobile banking services have resumed normal after customers were unable to access the mobile apps since 9am.
The proposal could better serve Hong Kong as gateway for mainland firms to go global and for overseas firms to invest in Asia, the group says.
Wealthy European families are looking to Hong Kong as a base for Asian investments, drawn by tax incentives and new growth opportunities.
The tax reform bill, which the government expects will attract talent to the city, is set to be read by lawmakers on June 24.
The offering is expected to be popular with central banks and sovereign funds seeking to diversify away from US dollar assets.
Officials pledge ‘unswerving’ support for Hong Kong’s development as a financial centre while urging city to promote global yuan use.
Plan expands tax concessions and introduces pre-approval mechanism to lure multinationals to manage capital and risk in the city.
City’s offshore wealth market is thriving as AXA and Standard Chartered target high-net-worth clients despite regulatory tightening.
Hong Kong’s investors have been unable to take advantage of the recent wave of blockbuster listings by Chinese AI companies on the mainland.
China’s top securities regulator says new measures needed to ‘prevent someone from abusing the technology’.
Some mainlanders have reported having applications to open Hong Kong accounts rejected amid China’s tightening cross-border investment controls.
Incentive will give Hong Kong the lowest tax rate globally for fund managers whose income is largely driven by performance fees, sources say.
Study urges more tax incentives for voluntary pension savings, while a lawmaker suggests retirees consider lower-cost living in the Greater Bay Area.
