Even though the bank is headquartered in the U.K., HSBC (originally known as the Hongkong and Shanghai Banking Corporation) is one of China's most influential companies and has one of the largest fore... ( read original story ...)
New HK$1,000 notes enter circulation; other bills to follow
Hong Kong’s note-issuing banks are The Hongkong and Shanghai Banking Corp (HSBC), Standard Chartered Bank (Hong Kong), and Bank of China (Hong Kong). Colin Pou Hak-wan, HKMA’s executive director for f... ( read original story ...)
Hong Kong pro-democracy protesters face jail but promise to keep fighting for freedom
Hong Kong democracy leaders have pledged to keep fighting for full democracy, as their month-long trial wraps up and they wait for the verdict that could have them jailed for leading and inciting the ... ( read original story ...)
Hong Kong ‘tycoons’ canteen’, Chinese restaurant Fook Lam Moon, celebrates 70 years in business
Fook Lam Moon, the Hong Kong restaurant known as the tycoons’ canteen, this year marks the 70th anniversary of founder Chui Fook-chuen launching his catering service. To mark the platinum anniversary, ... ( read original story ...)
Hong Kong Homes Sell Out. That’s Not the Good News You May Think
(Bloomberg) -- Amid all the doom and gloom in Hong Kong’s housing market, there appeared to be a silver lining, when a developer sold all 488 apartments on offer in a single day. Sino Land Co Ltd. rep... ( read original story ...)
Hong Kong democracy leaders defiant as landmark trial wraps up
HONG KONG (Reuters) - Hong Kong democracy leaders pledged on Friday to sustain their fight for full democracy at the end of a month-long trial that could see them jailed for leading and inciting 2014 ... ( read original story ...)
After Discovery Bay: Hong Kong’s Cha Family Is Ramping Up Other Business Interests
Two of Shanghai's hottest new hotels, Middle House and the Sukhothai, are bundled in spiffy Taikoo Hui. This mall and office complex sprawls nearly 3.5 million square feet and includes a Tesla dealer ... ( read original story ...)
Hong Kong’s coolest new hotel with a conscience
That was one of the questions that Katherine Lo hoped to answer as she began the process of opening Eaton Workshop, a combination hotel, co-working space, music venue, radio station, art gallery and m... ( read original story ...)
HK$6 billion in scammed funds transferred through Hong Kong bank accounts in past 15 months
Close to HK$6 billion (US$768 million) swindled from victims of various online and phone scams in Hong Kong and around the world was transferred through bank accounts in the city over the past 15 mont... ( read original story ...)
Hong Kong’s race with Singapore to be Asia’s data centre hub gets another leg up as final site sells at 45 per cent premium to valuation
Hong Kong’s biggest and last remaining piece of land designated for development into a data centre sold for a higher-than-expected HK$5.45 billion ((US$697 million) to Sunevision Holdings, sharpening ... ( read original story ...)
Hong Kong’s housing developers and landlords could take a hit with rates changes – but what are they?
Hong Kong’s housing developers and major landlords could take a hit, under a government proposal to take away billions of dollars’ worth of property tax sweeteners. Under the plan, submitted to the Le... ( read original story ...)
Hong Kong on track for global IPO crown
Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst pe... ( read original story ...)
Hong Kong IPOs to raise HK$100 billion less in 2019, says KPMG
Seven companies listed in Hong Kong slashed their IPO sizes recently, amid a surge in new share offerings and a major sell-off in the equity market. Alibaba Group Holding-backed Babytree shrank its li... ( read original story ...)
China’s Tencent Music raises nearly $1.1 billion in U.S. IPO
NEW YORK/HONG KONG (Reuters) - China-based music streaming company Tencent Music Entertainment Group (TME.N) said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricin... ( read original story ...)