The exit from Canada was the latest move towards cutting costs. Asia by far remains HSBC’s biggest moneymaker, and accounted for over 78% of its earnings in 2022. Hong Kong is the bank’s biggest ...
Hong Kong under pressure to cut spending in budget as deficit soars
Hong Kong is under pressure to rein in spending when it unveils its annual budget on Wednesday, after racking up huge fiscal deficits during the COVID-19 pandemic and as it struggles to kick-start the ...
Hong Kong Moves to Bar Overseas Lawyers From Security Trials
Hong Kong’s leader moved to submit legislation that will give him veto powers over the use of foreign lawyers in national security cases.
Hong Kong gov’t proposes curb on overseas lawyers participating in national security cases
The Hong Kong government has submitted a proposal to introduce legislative amendments which would require local courts to obtain a certificate from the city’s leader before considering whether to ...
Hong Kong stocks slip as Chinese tech giants step up rivalries, market seeks corporate earnings to sustain rally
JD.com and Meituan are intensifying competition with industry rivals to win over consumer dollars HSBC to issue its fourth quarter report card today, with pre-tax profits likely to almost double from ...
Five of Hong Kong’s best sustainable restaurants
HK might not be at the forefront of environmental friendliness, but some of its leading chefs are seeking to redress that — to delicious effect ...
Hong Kong’s Crypto Hub Ambitions Win Quiet Backing From Beijing
Hong Kong rolled out the red carpet for crypto businesses to help revitalize the embattled financial hub. Signs are now emerging the push has under-the-radar backing from Beijing, providing impetus ...
Singapore’s soaring rents undermine bid to oust Hong Kong as Asia’s finance hub
We’ll send you a myFT Daily Digest email rounding up the latest Singapore news every morning. Two years ago, Lauren arrived in Singapore from Hong Kong wanting more living space for her growing family ...
So Hong Kong is facing big challenges. What’s new?
Since the 1980s alone, Hong Kong has grappled with stock and property market crashes, financial crises, protests and pandemics The city is uniquely defined by its challenging history, where people ...
Warning over carbon monoxide poisoning after Hong Kong pair overcome by fumes from hookah
Centre for Health Protection says victims, aged 23 and 21, were taken to United Christian Hospital in Kwun Tong They told medics they lost consciousness after visiting place where people had smoked ...
Healthy Green Group Seeks $17 Million U.S. IPO
Healthy Green Group Holding Limited has filed to raise $17 million in a U.S. IPO. The firm operates a network of grocery stores in Hong Kong. Healthy Green Group Holding has produced contracting ...
Chinese cities cut mortgage rates for first-time buyers to lowest since 2019 in bid to revive property market
The average rate for a first home in 103 mainland Chinese cities fell to 4.04 per cent in February, the lowest level since 2019, according to the Beike Research Institute.
UPDATE 3-Chinese boutique bank reassures staff, clients over missing star dealmaker
The mysterious disappearance of a star Chinese dealmaker has left his boutique bank scrambling to reassure clients and staff, people with knowledge of the matter said on Monday, and has raised new ...
Hong Kong unveils plans to let retail investors trade cryptocurrencies
Hong Kong has pushed ahead with plans to let retail investors trade cryptocurrencies as it vies with Singapore for supremacy as a digital assets hub. Under plans launched on Monday by the Hong Kong ...