The $500-million superyacht Nord moored in Hong Kong’s harbor on Wednesday following a weeklong journey from the Russian city of Vladivostok. ( read original story ...)
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China's wealth market.The bank ... ( read original story ...)
Hong Kong refuses to seize sanctioned Russian superyacht
Hong Kong said Tuesday that it would not seize the superyacht of a Russian oligarch who is under Western sanctions. ( read original story ...)
Hong Kong refuses to seize Russian billionaire’s $500 million yacht; Zelenskyy lobbies G7: Live Ukraine updates
Hong Kong won't seize a $500 million luxury yacht belonging to a Russian oligarch and will only implement sanctions against Russia imposed by the United Nations, city leader John Lee said Tuesday. The ... ( read original story ...)
Hong Kong developers lobby government to end cooling measures, protect homeowners from negative equity amid price slump
The Real Estate Developers Association is lobbying the government to lift stamp duties imposed as a cooling measure when the market was much hotter The number of homes valued below their mortgage loan ... ( read original story ...)
Hong Kong Leader Says Will Abide by UN Sanctions Over Russian Superyacht in City
Hong Kong leader John Lee said on Tuesday that any United Nations sanctions would be upheld in the city, when asked about a Russian yacht berthed in the financial centre that belongs to a sanctioned ... ( read original story ...)
Live news updates: Asia markets follow US lower on interest rate and China tech curb fears
In July, LVMH said a tourist boom in Europe and resilient US sales helped the owner of Louis Vuitton post higher-than-expected revenue for the second quarter, but the group’s momentum slowed after ... ( read original story ...)
Hong Kong Refuses U.S. Calls To Seize Sanctioned Billionaire’s Docked Superyacht
Unilateral sanctions have “no legal basis” in Hong Kong and the city will not seize the $521 million superyacht linked to a Russian steel tycoon docked in its harbor, chief executive John Lee said. ( read original story ...)
Hong Kong dismisses U.S. sanctions on Russian-owned superyacht
Hong Kong's leader says he will implement only United Nations sanctions, not U.S. ones, after a yacht linked to a Russian tycoon docked in the city. ( read original story ...)
Hang Seng slumps to sub-17,000 finish
Hong Kong stocks sank again Tuesday as traders remained spooked by central bank interest rate hikes to tame inflation, with many fearing they will ... ( read original story ...)
Hong Kong shares dive to 11-year low as China touts ‘zero COVID’
Hong Kong’s stock market has plummeted to its lowest level in more than 10 years after China doubled down on its punishing dynamic “zero COVID” pandemic strategy. The Hang Seng Index on Tuesday ... ( read original story ...)
HSBC extends Chinese private banking network to lure new digital millionaires
HONG KONG, Oct 11 (Reuters) - HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the ... ( read original story ...)
HSBC Expands China Private Banking Network, Launches in Two New Cities
HONG KONG (Reuters) - HSBC Global Private Banking said on Tuesday it had officially launched its business in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share ... ( read original story ...)
Hong Kong leader says he ‘laughs off’ US sanctions
Hong Kong's leader laughed off US sanctions against him Tuesday (Oct 11) as he defended his government's decision not to act against a superyacht reportedly owned by a Kremlin ally. The Nord - a US$50 ... ( read original story ...)