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Month: December 2022

Posted on 02/12/2022

‘Minimal rest time’: Cathay Pacific cabin crew union warns rostering changes could impact Hong Kong flagship carrier’s service, safety

The Cathay Pacific Flight Attendants Union, which counts about 3,000 airline cabin crew as members, on Thursday warned the carrier’s flight schedule allowed for “minimal rest time” during overseas ...

Posted on 02/12/2022

Hong Kong retail sales rise in October, outlook challenging

Hong Kong's retail sales rose in October helped by improved tourism from eased pandemic restrictions and disbursement of a new batch of consumption vouchers,but the government warned of tightened ...

Posted on 02/12/2022

BNKHF BOC Hong Kong (Holdings) Limited

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Posted on 02/12/2022

Exclusive-HSBC shedding at least 200 senior operations managers in global cuts -sources

By Sumeet Chatterjee, Stefania Spezzati and Lawrence White HONG KONG/LONDON (Reuters) -HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline ...

Posted on 02/12/2022

HSBC head dismisses idea China is trying to get hold of the bank’s Asian operations

Ever since April, when HSBC's biggest single shareholder, Ping An, began lobbying the lender to spin off its Asian operations into a separate business, there has been speculation over what has ...

Posted on 02/12/2022

Exclusive-HSBC cutting 200 senior operations managers in global cost drive -sources

HSBC is cutting as many as 15 per cent of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter ...

Posted on 02/12/2022

Exclusive-HSBC cutting at least 200 senior operations managers worldwide -sources

HSBC is cutting as many as 15 per cent of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter ...

Posted on 02/12/2022

HSBC has ‘moved on’ from exploring Asian business sell off, chief Quinn says

The HSBC board has “moved on” from exploring selling its Asian business in a move that would have kowtowed to its largest shareholder, the bank’s chief executive said today. Speaking at the Financial ...

Posted on 02/12/2022

HSBC cutting 200 senior operations managers in global cost drive -sources

HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said. The ...

Posted on 02/12/2022

Coronavirus vaccine: Hong Kong elderly first in line for second-generation BioNTech shots as city rolls out Omicron-specific jabs

Hong Kong rolled out the BioNTech Omicron-specific Covid-19 vaccine on Thursday as elderly residents who waited months for its arrival became some of the first to receive the jabs. Residents can now ...

Posted on 01/12/2022

Hong Kong must invest more in digital economy to catch Singapore, mainland China, Chamber of Commerce boss warns

Hong Kong needs to substantially increase its investment in technology and the digital economy if it is to catch up with Singapore, mainland China and India in a field that affects its standing as an ...

Posted on 01/12/2022

HSBC chief denies Beijing is behind Ping An push to split bank

HSBC chief executive Noel Quinn has denied that Ping An’s campaign to break up the bank is directed from Beijing and said the Chinese insurer’s demands are not backed by other ...

Posted on 01/12/2022

HSBC CEO ratchets ups cost-cutting target for next year

HSBC has identified $1.7 billion of extra costs that can be stripped out next year, Chief Executive Noel Quinn said on Friday, as the bank battles to improve returns amid calls for it to be broken up ...

Posted on 01/12/2022

Hong Kong court delays media mogul’s national security trial

A HONG KONG court delayed media mogul Jimmy Lai’s foreign collusion trial, as China mulls a local government request to bar overseas-based lawyers from representing defendants in national security ...

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