Caproasia https://validator.w3.org/feed/docs/rss2.html Hong Kong Announced 9 Gold Trading System Initiatives: 1) Starts Trial Operation for New Central Gold Clearing & Settlement System, 2) Launch of Delivery Connect with Shanghai Gold Exchange, 3) Launch of New HAU as Price Ticker Symbol for Hong Kong OTC Spot Gold Market, 4) Expands Gold Storage Capacity & Refining Capability, 5) Diversify Gold Investment Products, 6) Gold Tax Incentives, 7) Gold Insurance Arrangements, 8) Flexibility of Mandatory Provident Fund (MPF) Investments in Gold Exchange-traded Funds (ETFs) & 9) Setup Gold Industry-Led Trade Association Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Thailand Securities and Exchange Commission (SEC) Opens Investigation on $965 Million of Thailand Telco Company True Corporation Share Filing & Total of $2.4 Billion Thailand Shares Filing Submitted by Thailand Individual Supaporn Pimphong (Form 246-2 Shareholding Disclosures Different from Company Shareholder Records), Supaporn Pimphong Filings Claimed $2.4 Billion (Current Value) Shareholdings of $13.4 Billion True Corporation 7.09%, $160 Million Major Cineplex Group 9.99%, $16.2 Billion Kasikornbank 5.1%, $10.9 Billion Bangkok Bank 5.01%, $426 Million Asia Aviation 5.33% & $99 Million GJ Steel 48.6% & 80.9% in 2 Different Filings Latest Switzerland Index Provider STOXX (Subsidiary of ISS STOXX, Deutsche Börse Group) Buys France-Based Research-Driven Index Solutions Company Scientific Beta from Singapore Exchange (SGX) Hong Kong Exchange (HKEX) to Launch Weekly & Monthly Options on China Smart Manufacturer & Apple AirPod Maker $68 Billion Luxshare Precision Industry (9/7/26), Hong Kong Secondary Listing IPO to Raise $3.1 Billion with Expected IPO Listing on 9th July 2026, Founded in 2004 by Grace Wang Laichun & Brother Wang Laishen & IPO on Shenzhen Stock Exchange in 2010 $2.6 Trillion Amazon to Issue $25 Billion USD Bonds in 8 Tranches with Duration from 3 Years to 40 Years China Autonomous-Driving Company Momenta Global Hong Kong IPO Share Price Unchanged on Day 1 Trading (8/7/26: IPO Price HKD 295.60, Closing HKD 295.60) with $8.9 Billion Market Value & Raised $751 Million in IPO, Founded in 2016 by Cao Xudong Singapore-Based Healthcare Group Foundation Healthcare Holdings Singapore IPO Share Price Decreased -7.9% on Day 1 Trading (8/7/26: IPO Price $0.76, Closing $0.70) to $687 Million Market Value & Raised $187 Million in IPO, Founded in 2023 by Liaw Yit Ming & Dr Lee Hong Huei, Investors Include Temasek Subsidiary SeaTown Holdings (SeaTown Private Capital Master Fund) China Famous Actress Vicki Zhao ex-Husband Huang Youlong (China-Born & Singapore Citizen) Lost $41.5 Million (AUD 60 Million) in Australia Perth Casino (Crown Casino Perth) Over 6 Days in 2015 February, Losses Disclosed in Hong Kong Lawsuit Filed by Crown Melbourne ex-VP of Marketing (Michelle Chua Eh Fong) for Overdue 24% Annual Interest (Hong Kong Court Dismissed Lawsuit for No Right to Claim 24% Annual Interest), Crown Casino Perth Did Not Grant Huang Youlong Gaming Credit in 2015 (Outstanding Debts Owed to Other Casinos) Who Then Borrowed AUD 60 Million from Casino Junket Suncity Group, Principal Debt of AUD 60 Million was Fully Paid in 2019 China Guangxi Zhuang Autonomous Region (GZAR) Nanning City Inflated Government Revenue for 2024 by $417 Million via Local State-Owned Enterprises with Fake Land Fees Arrangement China $39 Billion e-Commerce Giant JD.com Buys Hong Kong Silka Seaview Hotel (Yau Ma Tei, Kowloon) for $96 Million (HKD 750 Million) from Hong Kong $269 Million Property Company Far East Consortium International (Charter Joy), Silka Seaview Hotel to Convert Into Student Housing & Managed by Far East Consortium International with Guaranteed Income for 3 Years, Far East Consortium International Founded by Late Deacon Chiu Te-ken (Founder of Far East Bank & Acquired by Bank of East Asia in 2000) Latest Latest China $555 Billion Tech Giant Tencent Sells $1.5 Billion China $24 Billion Short Video & Social Platform Kuaishou Technology Shares at 6% Discount to Closing Price (6/7/26) via Block Trade after Kuaishou Technology Spinoff China AI Image & Video Generator Kling AI to Raise $3 Billion at $18 Billion Valuation, Tencent Owns 9.37% Stake Post-Transaction Indonesia Government Plans International Financial Centre Zone with 1) 0% Income Tax for Selected Businesses & Foreigners (Financial Sector Experts), 2) Non-Resident Tax Status to Foreigners with Golden Visas, 3) Tax Exemption (Include Withholding Tax) for Dividends & Investment Returns, 4) Value-Added Tax Waiver, 5) Luxury Goods Sales & Import Duties Waiver, 6) Businesses Not Allowed to Raise Indonesia Public Funds, 7) Businesses Not Allowed to Conduct Businesses with Indonesia Customers Outside of International Financial Centre, 8) Allowed Businesses Include Banking, Insurance, Pension Services, Capital Markets, Bullion, Family Offices, Financial Activities & Professional Services (Include Accounting, Legal Counsel & Financial Consulting), 9) Financial & Administrative Autonomy with Special Legal Provisions, Special Court & Arbitration Body, 10) International Financial Centre Zone Led by Council Which is Led by Governor Indonesia $1 Trillion Sovereign Wealth Fund Danantara (BPI Danantara) Completes Merger of 4 Indonesia Asset Management Businesses into 1 Entity Mandiri Manajemen Investasi with 1) Bank Rakyat Indonesia (BRI), 2) Bank Mandiri, 3) Bank Negara Indonesia (BNI) & 4) Permodalan Nasional Madani, Acquired under Danantara Asset Management for $159 Million India Fitness Platform Company Cult.Fit Plans India IPO to Raise $100 Million at $2 Billion Valuation, Founded in 2016 by Mukesh Bansal & Ankit Nagori as Cure.Fit, Investors Include Temasek Holdings, Schroders Capital, Accel, Tata Digital, Kalaari Capital & Chiratae Venture Germany Fusion Energy Startup Proxima Fusion Raised $468 Million (€411 Million) in New Funding Round at $2.7 Billion (€2.4 Billion) Valuation, Founded in 2023 as Spin-Out from Max Planck Institute for Plasma Physics (IPP) by Francesco Sciortino, Lucio Milanese, Jorrit Lion & Martin Kubie, Investors Include XTX Ventures, East X Ventures, RWE, Google, KfW Capital, SPRIND, Burda Principal Investments, Plural, UVC Partners, Balderton, Cherry Ventures, DST Global Partners, Brevan Howard Macro Venture, Lightspeed, DTCF, redalpine, Leitmotif, Elaia, CDP Venture Capital, Bayern Kapital & EIC Fund $337 Billion HSBC Tightens Private Credit Lending Including to Private Credit Funds, HSBC Group Has Not Invested $4 Billion into HSBC Asset Management Private Credit Funds as Announced in 2025, Took $1.3 Billion Charge in 2026 for Credit Losses Including $400 Million for Fraud-Related Credit Exposure to UK Collapsed Mortgage Finance Company Market Financial Solutions (MFS) with $1.7 Billion Shortfall UK Banks to Improve on Providing Basic Bank Accounts (No Fees & No Overdraft) after UK Financial Conduct Authority (FCA) Mystery Shopping Revealed Some Vulnerable Customers (Financial Hardship, No Standard Identification, No Fixed Address) were Directed to Unsuitable Online Applications & Standard Bank Accounts, 9 UK Banks are Required to Offer Basic Bank Accounts (Barclays, The Co-operative Bank, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest, Santander, TSB & Virgin Money) Prudential Financial Advisers Singapore Appoints Head of Distribution & Prudential 16-Year Veteran Yuting Lim as CEO, Prudential Financial Advisers Singapore Launched in 2023 April to Provide Clients with Holistic Advisory & Wealth Management Services for Affluent & High Net Worth Clients Japan Government Pension Investment Fund (GPIF) with $1.8 Trillion AUM Reports +16.47% Return for 2025 1H & +4.67% Return Since 2001, GPIF Portfolio Performance in 2025: Japan Bonds -5.11%, Foreign Bonds +12.33%, Japan Equities +34.62%, Foreign Equities +27.16%, Portfolio Allocation: Bonds 51.39% & Equities 48.61%, Portfolio Allocation by Region: Japan Bonds 26.91%, Foreign Bonds 24.48%, Japan Equities 23.81%, Foreign Equities +24.80% Latest Latest