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Month: April 2023

Posted on 03/04/2023

HSBC’s Top Executives Face HK Shareholders Amid Spinoff Pressure

HSBC Holdings Plc’s senior executives are set to face its Hong Kong shareholders — from retirees to taxi drivers — as the lender seeks to fend off a push in Asia to split the bank.

Posted on 03/04/2023

HSBC Asia spin-off, dividend proposals in focus at Hong Kong shareholder meet

An activist Hong Kong investor's demand for HSBC Holdings PLC to spin-off its Asia business and increase dividend payouts will be in focus as the London-headquartered bank holds a meeting with ...

Posted on 03/04/2023

HK home prices hit 4-month high

Hong Kong’s residential-property market has posted gains for two consecutive months, pushing prices to a four-month high.

Posted on 03/04/2023

Sluggish Hong Kong office-rental market shows signs of bottoming out as enquiries pick up, analysts foresee rising rents

Agents are fielding more leasing enquiries as companies upgrade and consolidate, and rents are expected to edge up by the end of the year, according to market players.

Posted on 03/04/2023

Top graduates in Singapore, Malaysia eyeing Hong Kong career path: Paul Chan

Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie.

Posted on 03/04/2023

Canadian rugby women 6th in Hong Kong 7s debut, sit 8th in overall standings

New Zealand continued its domination of the HSBC World Rugby Sevens Series on Sunday with both the men and women lifting the cup at the Hong Kong Sevens. The Canadian women placed sixth after losing ...

Posted on 03/04/2023

Hong Kong national security law: ‘very small number of people’ affected, only 20 convictions in past 3 years, justice chief says

Secretary for Justice Paul Lam emphasises fewer than 250 people have been arrested under Beijing-imposed legislation since 2019 implementation ...

Posted on 02/04/2023

Hong Kong is charting its own web3 path despite China’s anti-crypto stance

While these developments are encouraging signs to some, others question whether the semi-autonomous region has the right conditions for building all forms of web3 organizations and businesses to ...

Posted on 02/04/2023

NZ wins long-awaited men’s and women’s Hong Kong 7s titles

New Zealand achieved the men's and women's double of Hong Kong Sevens titles on Sunday with hard-fought wins over their biggest rivals in the finals. The men defeated Fiji 24-17 after a punishing ...

Posted on 02/04/2023

Saudi’s Aramco could list in Hong Kong as China relations warm

News broke this week that Saudi Arabia’s state oil company, Aramco, is further strengthening its relationship with the Chinese market. Aramco’s latest deal is a 10% acquisition of oil refining firm ...

Posted on 02/04/2023

Hong Kong property: Wheelock sells over half of its flats in first batch of Koko Mare project in Lam Tin in 3 hours

Homebuyers snapped up at least 75 of 138 flats at Wheelock Properties' Koko Mare in Lam Tin by 6pm on Saturday Property demand has surged in Hong Kong amid hopes that the city has reached the peak of ...

Posted on 02/04/2023

Many top university graduates in Singapore, Malaysia eyeing career path in Hong Kong, finance chief Paul Chan says after Southeast Asia visit

Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie He says students interested in city's recently launched ...

Posted on 02/04/2023

Hong Kong property: Wheelock sells 75 per cent of flats in first batch of Koko Mare project in Lam Tin

Homebuyers snapped up 103 of 138 flats at Wheelock Properties' Koko Mare in Lam Tin within three hours on Saturday Property demand has surged in Hong Kong amid hopes that the city has reached the peak ...

Posted on 02/04/2023

Hong Kong Inherits Firm Lead For Friday’s Trade

The Hong Kong stock market has climbed higher in three straight sessions, spiking more than 740 points or 3.8 percent along the way.

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