Hong Kong's No. 2 official, John Lee, said on Wednesday he had resigned to run in a leadership election in May, two days after Chief Executive Carrie Lam said she will not seek a second five-year term ... ( read original story ...)
Jefferies Financial Group Weighs in on Hang Seng Bank Limited’s FY2023 Earnings (OTCMKTS:HSNGY)
Research analysts at Jefferies Financial Group boosted their FY2023 EPS estimates for Hang Seng Bank in a report released on Thursday, March 31st. Jefferies Financial Group analyst now expects that ... ( read original story ...)
HSBC Launches Metaverse Portfolio for Wealthy Asian Clients
HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its rich clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new ... ( read original story ...)
Hong Kong housewife swindled out of HK$65 million by phone scammers accusing her of spreading fake news
Posing as an employee of Beijing’s liaison office, a fraudster called the woman last year and accused her of ‘breaking mainland laws by spreading false news about anti-pandemic measures’. ( read original story ...)
Hong Kong Private Sector Falls Most Since April 2020
Hong Kong's private sector contracted at a sharper pace in March amid lingering COVID-19 disruptions, survey results from S&P Global ... ( read original story ...)
Hong Kong arrests six activists on accusation of sedition
Hong Kong police arrested six activists on Wednesday for suspected sedition and contravention of a national security law in connection with what the police called "causing nuisance" at court hearings ... ( read original story ...)
Hong Kong’s No. 2 Official Resigns Ahead of Leadership Election
The Hong Kong government said on Wednesday that Chief Secretary John Lee, a security official during the global financial hub's prolonged and often violent 2019 pro-democracy protests, had resigned. ( read original story ...)
HSBC Launches Portfolio on Metaverse for Rich Asian Clients
HSBC Holdings Plc has launched a fund for metaverse opportunities for its private banking clients in Hong Kong and Singapore, as the U.K. lender wades further into the $800 billion virtual reality ... ( read original story ...)
Alibaba Down 4.5%, JD Down 4.9%: What’s Driving Hong Kong Markets Lower Today
Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) — traded in red in Hong Kong on Wednesday (local time). The stock of ... ( read original story ...)
Hong Kong police arrest six for sedition over court ‘nuisance’
Six people accused of causing a nuisance in a Hong Kong courtroom found themselves arrested for sedition Wednesday, as local authorities continue to ramp up use of the colonial-era law against critics ... ( read original story ...)
China Backs Former Security Chief to Lead Hong Kong, SCMP Says
Hong Kong’s No. 2 official, John Lee, will be the only candidate to seek the city’s top post, local media reported, as China looked to elevate one of the chief proponents of a sweeping crackdown on ... ( read original story ...)
Hong Kong leader says she has not received any resignations from officials
Hong Kong leader Carrie Lam said on Wednesday she has not received any resignations from officials in her administration amid media reports that her deputy, John Lee, would soon resign to run in a ... ( read original story ...)
‘So many bodies piled up’: Hong Kong funeral services overwhelmed by COVID
Traditional wooden coffins are running short in Hong Kong as authorities scramble to add mortuary space in the global financial hub's battle on COVID-19, which is swamping funeral parlours. ( read original story ...)
Hong Kong buyers give nano flats a wide berth as buyers armed with larger mortgage amounts eye bigger homes
Only 92 small flats, or those under 280 sq ft in size, were transacted on the secondary market in March, 24 per cent lower than February Average price fell 0.7 per cent month on month to HK$4.03 ... ( read original story ...)