High Court judge calls for better case management to ease ‘long delay’ in proceedings involving politicians and activists prosecuted over their roles in unofficial primary election. ( read original story ...)
Email scammers cheat Germany-based tech company’s Hong Kong branch out of HK$11.36mil
Swindler impersonating a boss from company’s headquarters claimed funds were needed for acquisition purposes in emails sent in March. Director of Hong Kong firm transferred HK$11.36mil into two local ... ( read original story ...)
Two Outstanding Hong Kong Startups Named Top Winners of Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2022
Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2022 Global Pitch Competition ("JUMPSTARTER 2022") has concluded its Grand Finale. After a series of intense pitching sessions, Gense Technologies, a ... ( read original story ...)
Hong Kong’s multimillionaire population dropped 15 per cent last year as stock market slump hit wealth, according to Citibank survey
About 434,000 people in the city were estimated to have at least HK$10 million (US$1.27 million) in total assets last year, a 15 per cent drop from 515,000 in 2020, according to Citibank’s ‘Hong Kong ... ( read original story ...)
JD.com, Meituan lift Hong Kong stocks from six-week low as China moves to stem yuan weakness, capital outflows
Stocks recover from a sell-off as China signals its discomfort with the yuan’s depreciation and further capital outflows from the market. ( read original story ...)
Hong Kong woman admits to killing daughter, 16, during severe mental episode in 2019
A Hong Kong housewife has admitted to killing her daughter while experiencing a severe mental episode more than two years ago. Kwok Lin-choi pleaded guilty before the High Court to a count of ... ( read original story ...)
Shanghai lockdown forces Hong Kong manufacturers to cope with higher costs, delays and backlogs
Businesses have been forced to adjust their outlooks because of delays resulting from China’s zero-Covid ambitions, but ‘transport isn’t stopping’. ( read original story ...)
HSBC profits hit by Hong Kong lockdown and loss provisions for inflation
Although the Russia-Ukraine war has exacerbated inflationary pressures and increased economic uncertainty, the bank sees an improved ... ( read original story ...)
Email scammers cheat Germany-based tech company’s Hong Kong branch out of HK$11.36 million
Swindler impersonating boss from company’s headquarters claimed funds were needed for acquisition purposes in emails sent in March. ( read original story ...)
Animoca Brands’ Sandbox unveils Mega City 2 cultural hub; to propel Hong Kong metaverse
In the Mega City 2 land sale, there are endless possibilities for land owners to host events, gaming experiences, or social hubs since ... ( read original story ...)
Email scammers cheat Germany-based tech company’s Hong Kong branch out of HK$11 million
Swindler impersonating boss from company’s headquarters claimed funds were needed for acquisition purposes in emails sent in March. ( read original story ...)
IPO Drought Places HKEX Among World’s Worst-Performing Bourses
Hong Kong Exchanges & Clearing Ltd. is among the worst-performing listed bourses worldwide this year as China’s extended corporate clampdown and pandemic-related woes have caused large initial public ... ( read original story ...)
HSBC first-quarter pre-tax profits drop nearly 30% to US$4.2 bn
HSBC said on Tuesday that first-quarter profits dropped nearly 30 percent owing to higher-than-expected credit losses and inflation but the Asia-focused lending giant remained upbeat about its ... ( read original story ...)
HSBC’s first-quarter profit drops 28 per cent as uncertain markets hit wealth revenue, but the bank beats a consensus profit estimate
Pre-tax profit was US$4.2 billion, beating a consensus estimate of US$3.72 billion Operating income in its wealth business fell 19 per cent in the quarter HSBC, Europe's biggest bank by assets, said ... ( read original story ...)