DUBAI, United Arab Emirates -- Authorities and tracking data say a Hong Kong-flagged ship has run aground in Egypt's vital Suez Canal.
Crypto startup obtains broker-dealer license to operate legally
According to rules established by the US Securities and Exchange Commission (SEC), the first special purpose broker-dealer license has been granted, allowing a cryptocurrency firm ...
Cathay CEO says Hong Kong’s image damaged by cabin crew discrimination incident
A passenger had recorded flight attendants joking about a Mandarin-speaking customer’s English language ability. Read more at straitstimes.com.
UPDATE 1-Horizon Construction shares plummet in Hong Kong trading debut
Demand for Horizon Construction shares during the IPO’s bookbuild was weak, with retail investors taking up just 12% of the stock on offer to them, according to the company’s filings. There were 36.47 ...
China’s Horizon Construction shares set to slump 28% in Hong Kong trading debut
HONG KONG, May 25 (Reuters) - Shares of China’s Horizon Construction Development Ltd were set to slide 28% in their Hong Kong market debut on Thursday after it raised $210.2 million in its initial ...
HSBC puts global footprint under fresh scrutiny, considers dozen exits
HSBC is trying to increase income through such wealth services especially in China and Hong Kong, where economies are beginning to normalise after the lifting of COVID-19 curbs. The bank is on track ...
HSBC Buys back Over 4.96M Shrs for $295M Ytd
HSBC HOLDINGS (00005.HK) 0.000 (0.000%) Short selling $361.86M; Ratio 42.770% announced that it has repurchased a total of 4.9551 million shares in the U.K. and Hong Kong yesterday (15th), involving ...
Asia markets set to fall ahead of Bank of Korea decision, Hong Kong stocks at two-month low
Most notably, Hong Kong's Hang Seng index looks set to breach its two month low, with futures standing at 18,878 compared to its last close of 19,115.93. In Japan, the Nikkei 225 is set to fall for a ...
Woman injured, 2 others hurt in fall from escalator in Hong Kong at Wong Tai Sin MTR station
Three women were hurt after one of them lost balance and they fell backwards on an escalator at a Hong Kong railway station on Wednesday afternoon. The MTR Corporation said an escalator connecting the concourse to exit B at Wong Tai Sin MTR station briefly shutdown at about noon, before restarting at 1.50pm.
Marcum Asia To Expand In Hong Kong As U.S.-China Tech War Shifts IPOs
Marcum Asia CPAs LLP, a joint venture between Marcum LLP and Bernstein & Pinchuk, plans to hire up to 25 people before the end of 2023, Co-Chairman Drew Bernstein said in an interview on Tuesday.
Cross-boundary railway travel recovers to 70 pct of pre-pandemic level: Hong Kong MTR
Hong Kong's MTR Corporation announced on Wednesday that the patronage of cross-boundary railway services recovered to 70 percent of the pre-pandemic level, and the patronage of local railway services has returned to around 90 percent before the COVID-19 pandemic.
ZA Bank plans digital asset retail trading in Hong Kong under new guidelines
Hong Kong-based ZA Bank announced that it plans to launch virtual asset trading services when new guidelines for virtual assets service providers come into force June 1.
Hong Kong will require 300,000 more public housing tenants to declare property every 2 years under tightened rules
Tougher approach comes after authorities banned public housing tenants who are property owners from buying subsidised flats Tightened measures aimed at ensuring effective use of public resources, ...
Hong Kong firms making progress in boosting work-life balance
The strong desire for flexibility, a key aspect in achieving work-life balance, also comes as many employers begin inviting back their staff to workplaces. In Hong Kong, only 36% of the respondents ...