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Month: January 2023

Posted on 12/01/2023

China’s reopening set to boost Hong Kong’s property market as retail leads the recovery: Colliers

In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to Colliers Hong Kong.

Posted on 12/01/2023

China’s reopening will boost many sectors in Hong Kong’s property market: Real estate services firm

Hannah Jeong of Colliers Hong Kong says it's cautiously optimistic on the city's property market. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

Posted on 12/01/2023

HK Culture, Sports and Tourism secretary criticised for claiming Michelle Yeoh as ‘a Hong Kong actor’

Hong Kong Culture, Sports and Tourism secretary Kevin Yeung has come under fire from social media users for staking a claim on newly crowned Golden ...

Posted on 12/01/2023

2023 will be a ‘much better’ year for Hong Kong’s economy than 2022, says finance secretary

Paul Chan, Hong Kong's finance secretary, discusses the city's economic outlook in the context of factors such as mainland China's reopening.

Posted on 12/01/2023

Financial stability a priority for Hong Kong: finance secretary

Chan expects more support from mainland China as the latter’s economy recovers. Hong Kong places priority in maintaining its financial stability amidst ongoing challenges in the external environment, ...

Posted on 12/01/2023

Goldman Sachs lays off 16 private banking staff across Hong Kong, Singapore and China offices: Source

NEW YORK/LONDON/HONG KONG - Goldman Sachs began laying off staff on Wednesday (Jan 11) in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and ...

Posted on 12/01/2023

Founder of Chinese energy firm Hanergy Li Hejun reportedly detained by police

Li has previously been banned from acting as a director in Hong Kong after a 2015 share price crash where his company lost almost half its value in minutes.

Posted on 12/01/2023

Hong Kong crypto exchanges to follow same laws as traditional finance

Hong Kong has passed a new licensing regime on for crypto exchanges that will subject providers to the same legislation and rules as traditional finance.

Posted on 12/01/2023

Hong Kong to Propose Approved Set of Crypto Tokens for Retail Trading: Reuters

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Hong Kong's Securities and Futures Commission (SFC) will allow retail trading in a select group of ...

Posted on 12/01/2023

Goldman job cuts hit investment banking, global markets hard -source

Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a source ...

Posted on 12/01/2023

2 Hong Kong doctors charged with manslaughter over patient’s death following medical blunder

Police insider says arrests linked to 2017 death of Tang Kwai-sze, who underwent two unsuccessful transplants after medical blunder led to liver failure.

Posted on 12/01/2023

Hong Kong to Only Offer ‘Highly Liquid’ Cryptocurrencies for Retail Trading: Report

The move, announced at this year’s Asian Financial Forum, aims to make Hong Kong more friendly to crypto startups and focus on investor protection. The decision to allow retail trading in ...

Posted on 12/01/2023

John Lee vows ‘fast’ return to normalcy for Hong Kong as Asian Financial Forum kicks off

HONG KONG] HONG Kong is planning to return to normalcy “fast” but in a “safe and orderly manner”, the city’s chief executive John Lee pledged at the opening of the Asian Financial Forum (AFF) 2023 on ...

Posted on 12/01/2023

Hong Kong Traffickers Receive Cocaine From Across Latin America

While Hong Kong receives meth consistently from Mexico, it is now a major destination for cocaine shipments from across Latin America.

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