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Month: April 2023

Posted on 30/04/2023

Hong Kong virtual banks ‘likely to develop as big players’ even as they report losses for 2022, as loan books grow and new businesses expand

Virtual banks are likely to develop as big players as they fit in with Hong Kong's culture of being 'quick with everything', analyst says Unsecured lending key to virtual lenders turning profitable: ...

Posted on 30/04/2023

Exotic turtles have been poached to near-extinction in Asia, but in Hong Kong, these species thrive

Three species of turtles poached for sale in Asia are finding refuge in Hong Kong. But poachers could completely decimate their populations.

Posted on 30/04/2023

Are Hong Kong’s hotel prices pushing mainland Chinese tourists away? 110,000 leave city on first day of ‘golden week’ holiday

Official figures show 165,669 travellers crossed the border into Hong Kong on Saturday, while 110,547 departed the city as of midnight Tourists cite high hotel prices and convenience of high-speed ...

Posted on 30/04/2023

Hong Kong hotel property buying spree looms as investors bet on tourism rebound, say analysts

Occupancy rates are gradually recovering and many hotel owners are still prepared to offer discounts Confidence in the sector is returning as visitor numbers improve, say industry observers Investors ...

Posted on 30/04/2023

Hong Kong leaps into Top 20 of world’s smartest cities with increased use of tech for health services during Covid pandemic

City is ranked No 19, behind Singapore and Beijing, in global list topped by Zurich, Oslo and Canberra Pandemic saw increased reliance on tech and residents learned to use smartphones in critical new ...

Posted on 30/04/2023

Are Law Firms Reassessing Their Investments in Hong Kong IPOs?

There isn't much capital markets work in Asia these days, Jessica Seah writes in the Asia Legal Briefing. So what are all those capital markets lawyers in Hong Kong doing?

Posted on 30/04/2023

HSBC set for showdown with Chinese investors: Bosses in key AGM confrontation over future of bank as largest shareholder demands break-up

The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations in Asia.

Posted on 30/04/2023

What it’s really like to visit Hong Kong now

There are points high up in Plover Cove Country Park, in the New Territories region of Hong Kong, where you can peek through the maple trees and banyans into ma ...

Posted on 30/04/2023

HSBC set for showdown with Chinese investors

The bank is under pressure from Chinese insurance giant Ping An, which wants HSBC to spin off its lucrative operations in Asia.

Posted on 29/04/2023

Hong Kong student arrested over online posts made from Japan

TAIPEI--Hong Kong authorities arrested a student over political messages she posted on social media from Japan--the first known enforcement of its controversial National Security Law over ...

Posted on 29/04/2023

As the US cracks down on crypto, Hong Kong extends a warm welcome

April, thousands of people queued in line to enter the Hong Kong Convention Center where the city's inaugural web3 festival was underway. Most had flown in from mainland China, but many others had ...

Posted on 29/04/2023

What I Own: Calvin and Maria, who moved from Hong Kong to live in London’s Zone 4

I live at New Mill Quarter, a Barratt London development in Hackbridge in Zone 4. My home is a four-bedroom house. We’ve really enjoying living in the area – there’s so much green space and you also ...

Posted on 29/04/2023

Hong Kong’s Unsold New Homes Highest Since 2007, Ming Pao Says

Hong Kong’s inventory of completed but unsold private new homes climbed to the largest since early 2007, as the government increases land supplies and developers put more units on the market, the Ming ...

Posted on 29/04/2023

‘Five public schools face axe in Hong Kong after failing to meet Primary One enrolment threshold’

Sources say schools told earlier this month by Education Bureau they could not operate Primary One classes in next academic yearInstitutions may be forced to close in three years’ time when bureau ...

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