Natixis Corporate and Investment Banking – Charm

30% jump in demand for regional holidays among Hongkongers amid Middle East war

2 months ago02 mins

Demand for some regional holiday destinations among Hong Kong travellers has jumped by as much as 30 per cent ahead of Easter, as locals seek to avoid long-haul trips amid rising airfares and disrupted routes caused by the ongoing war in Iran, according to industry players. Travel agencies said the number of inquiries for trips…

Why China’s path to ‘financial superpower’ status could begin in Hong Kong

2 months ago03 mins

When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies – but not Chinese yuan. “Back then, there was no yuan trading at all as, in fact, the internationalisation of the yuan…