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Month: February 2023

Posted on 28/02/2023

FWD delivers organic growth ahead of planned HK IPO

FWD Group posted segmental adjusted operating profit before tax of US$334m in 2022, up 83% from 2021, ahead of a planned Hong Kong IPO this year. The Asian insurer controlled by Hong Kong billionaire ...

Posted on 28/02/2023

Police look for evidence in slain Hong Kong model’s case

The gruesome killing has transfixed many in Hong Kong and across the border in mainland China since the self-governed southern Chinese city has a very low level of violent crime.

Posted on 28/02/2023

Hong Kong’s HKBN to Get $1 Billion Buyout Offer from HGC, Sources Say

Hong Kong telecommunications provider HKBN Ltd. has received a takeover offer from HGC Global Communications Ltd. that could value the company at more than $1 billion, according to people familiar ...

Posted on 28/02/2023

Bowtie the Insurtech Startup Takes The Lead in Insurance Digitalisation

Local start-up revolutionising the traditional insurance industry with technology HONG KONG SAR - Media OutReach - 28 February 2023 - In today’s digital age, many industries have begun to introduce ...

Posted on 28/02/2023

Hong Kong scraps COVID mask mandate after almost 1,000 days

Chinese territory hopes the relaxation of its last coronavirus measures will lure back visitors and boost business.

Posted on 28/02/2023

Hong Kong Ends One of World’s Longest Mask Mandates After 945 Days

Hong Kong will stop requiring masks to be worn in public places from Wednesday, drawing to a close the prolonged Covid era that damaged its economy and standing in the world.

Posted on 28/02/2023

Police look for evidence for slain Hong Kong model’s case

Hong Kong police began searching a landfill Tuesday to look for evidence related to the killing of model Abby Choi. The 28-year-old model's case has gained wide interest for its grisly nature after dismembered body parts were found in a refrigerator.

Posted on 28/02/2023

Asia markets largely higher as Hong Kong announces to lift mask mandate, Japan’s factory output falls

Asia-Pacific markets were mostly higher on Tuesday as investors digested key economic data across the region. The Hang Seng index rose 0.45% as Hong Kong’s Chief Executive John Lee announced to drop its mask mandate starting March 1.

Posted on 28/02/2023

Hong Kong’s HKBN Is Said to Get $1 Billion Buyout Offer from HGC

Hong Kong telecommunications provider HKBN Ltd. has received a takeover offer from HGC Global Communications Ltd. that could value the company at more than $1 billion, according to people familiar with the matter.

Posted on 28/02/2023

HSBC riles Hong Kong bankers with plan to end private offices

SENIOR investment bankers at HSBC Holdings in Hong Kong could lose their private offices as the firm moves towards open-plan desks for the financial hub, causing angst among some executives who’ve ...

Posted on 28/02/2023

Hong Kong stocks rebound from 2023 low on corporate earnings boost as city discards mask rules

Report cards from Chinese companies including those in Hong Kong have been encouraging, according to Goldman Sachs and Bank of America Hong Kong will scrap mask-wearing rules from Wednesday, ending a ...

Posted on 28/02/2023

Asia markets mixed as Hong Kong announces to lift mask mandate, Japan’s factory output falls

Asia-Pacific markets were mostly higher on Tuesday as investors digested key economic data across the region. The Hang Seng index rose 0.45% as Hong Kong’s Chief Executive John Lee announced to drop ...

Posted on 28/02/2023

The Chinese billionaire CEO whose disappearance rocked his bank’s stock is ‘cooperating’ with a government probe, his firm says

Rock star dealmaker Bao Fan is "cooperating in an investigation", according to his firm China Renaissance, whose stock tanked 20% when the CEO vanished.

Posted on 28/02/2023

Asia markets rise; Hong Kong announces to lift mask mandate, Japan’s factory output falls

Asia-Pacific markets were higher on Tuesday as investors digested key economic data across the region. The Hang Seng index rose 0.62% as Hong Kong’s Chief Executive John Lee announced to drop its mask mandate starting March 1.

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