Hong Kong market News

Hong Kong Financial Services Firms Concerned for Staff Safety as Protests Escalate

Finance firms in Hong Kong urged staff on Wednesday to seek safety or work from home as anti-government protests paralyzed the city’s business district for a third day in one of the biggest disruptions faced by the Asian finance hub. …

Few Hong Kong Firms Have Riot Insurance so They’ll Be Paying for Protest Damages

Hong Kong’s businesses will likely foot the bill for vandalism inflicted over the past four months during the territory’s most violent protests in living memory as few of them bought insurance coverage for riot damage, industry insiders said. Businesses big …

Hong Kong Plunging into ‘Panic and Chaos,’ Says Leader, as Protests Continue

Flights leaving Hong Kong were disrupted for a second day on Tuesday, plunging the former British colony deeper into turmoil as its stockmarket fell to a seven-month low, and its leader said it had been pushed into a state of …

Hong Kong Protestors Move to Shut Down Financial Hub with General Strike

Hong Kong leader Carrie Lam warned of a “very dangerous situation” as protesters moved to shut down the Asian financial hub with a general strike on Monday after a ninth straight weekend of unrest in opposition to China’s tightening grip. …

Hong Kong Seeking Talent in Marine Insurance, Cyber Security, Actuarial Science, etc.

If you’re a waste treatment specialist, actuary or naval architect, Hong Kong wants you. The government this week unveiled a talent list to attract skilled workers in 11 professions that the city is seen as needing most. Experts in asset …

Hong Kong Insurance Market Attracts Mainland Chinese Seeking Lucrative Pay

May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong. Drawn by lucrative pay, Zhang is part of …

Hong Kong Agents, China Insurers Face Tech-Related Disruptions: 2017 Predictions, Part 4

The twin forces of regulation and technology will see the emergence of new distribution models in 2017. This sounds like a commonly heard disrupter scenario for the U.S. and European markets, but it’s actually a prediction for the future of …