The HKMA sits on the world's seventh-largest foreign-currency reserves, a financial war chest that quintupled over 25 years to US$460 billion at the end of May The stock market's value grew eightfold ... ( read original story ...)
Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Up 111.9% in May
Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY – Get Rating) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 99,400 shares, a ... ( read original story ...)
Splitting HSBC ‘could net investors a £22bn windfall’
A report from Hong Kong consultancy In Toto claims splitting off the Asian arm and selling it could fetch up to £21.5billion. ( read original story ...)
Hong Kong Reports More Than 800 New Covid Cases For Second Day
Bloomberg Hong Kong on Sunday reported more than 800 new Covid infections for the second straight day, and authorities warned that numbers co ... ( read original story ...)
Outdoor gear retailer Beneunder sparks ire of Communist Party mouthpiece People’s Daily as it seeks Hong Kong IPO
An article in the People’s Daily, the mouthpiece of the Chinese Communist Party, recently questioned a company seeking to list its shares in Hong Kong, a rare move that has baffled some analysts and ... ( read original story ...)
HSBC could unlock US$26.5 billion in Asia spin-off, report says
A break up of HSBC Holdings Plc’s Asian unit could unlock US$26.5 billion, or a fifth of its current market value, according to research that could substantiate a push from its largest shareholder to ... ( read original story ...)
Sir Robert Ho Tung, man and money: how a Hong Kong Eurasian built a myth and a fortune, and became the richest person in the territory
Most people in Hong Kong will have heard about Sir Robert Ho Tung, once the territory’s richest person – but how much do they know about the man? Biographer May Holdsworth has dug up some fascinating ... ( read original story ...)
An Introduction to Doing Business in Hong Kong 2022
An Introduction to Doing Business in Hong Kong 2022, from Dezan Shira & Associates, introduces the fundamentals of investing in Hong Kong. ( read original story ...)
Hong Kong police charge four suspects in connection with shooting during gang skirmish in Central
Force says four men jointly charged with one count of attempted wounding with intent, suspects each facing one count of possessing offensive weapons. ( read original story ...)
Hong Kong keeps tracing COVID-19 through sewage surveillance
HONG KONG -- The Hong Kong Special Administrative Region government said Sunday that the COVID-19 virus continues to be detected in sewage samples from different areas in Hong Kong, indicating that ... ( read original story ...)
HSBC could be in line for £22bn boost from break-up, researchers claim
HSBC is missing out on £22bn of shareholder returns by not spinning off its Asian operation as a separate business, according to new research commissioned by the major investor pushing for a breakup ... ( read original story ...)
Hong Kong’s Journalists Are ‘Endangered Species’
With politics and protests off limits, and harassment by pro-Beijing media, pressure increases on Hong Kong journalists ... ( read original story ...)
Unesco-awarded Tai O Heritage Hotel in the ‘Venice of Hong Kong’ unveils facelift in push for eco-tourism and community ties
Tai O Rural Committee chairman Ho Siu-kei estimates some 5,000 to 8,000 people visit the fishing village on weekends, where about 3,000 residents live. A week ago when the Dragon ... ( read original story ...)
Second batch of Hong Kong consumption vouchers to be disbursed during summer, finance chief says, with more details to come this week
Financial Secretary Paul Chan says he hopes use of e-vouchers can help boost development of electronic payments in city. ( read original story ...)