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Month: May 2023

Posted on 10/05/2023

Wealth Summit Latest: HSBC Expanding Business in Asia, London

The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.Most Read from BloombergPowell’s Bet ...

Posted on 10/05/2023

Hong Kong 47: Anonymous witness grilled at national security trial over ‘secretly recorded’ footage

Recording a meeting of Hong Kong pro-democracy figures without their permission was not an intrusion of privacy, an anonymous witness for the prosecution has said during a high-profile trial relating to 47 democrats under the Beijing-imposed national security law.

Posted on 09/05/2023

Ant Group reportedly mulls selling stake in its HK virtual bank unit

Ant Group, Ant Bank (Hong Kong)'s parent company is reportedly mulling to sell a stake in its virtual banking unit in Hong Kong after it overhauls operations. People familiar with the matter told ...

Posted on 09/05/2023

Hong Kong Wants More Tourists, but Mostly ‘Good Quality’ Ones, Please

The return of budget tour groups from mainland China is sparking frustrations — and a dose of snobbery — in a city starved for business.

Posted on 09/05/2023

Hong Kong stocks fall 2% as investors digest China’s trade data; Asia markets mixed

Hong Kong’s Hang Seng index tumbled over 2%, leading losses in the region as investors further digested China’s trade data that included a decline in imports of 1.4% and a slowed growth in exports of ...

Posted on 09/05/2023

City University Of Hong Kong Launches HK Tech 300 Southeast Asia Start-Up Competition To Foster The I&T Ecosystem In The Region

KUALA LUMPUR, MALAYSIA - media outreach - 9 May 2023 – City University of Hong Kong launched the first ever HK Tech 300 Southeast Asia Start-up Competition (HK Tech 300 SEA Competition) in Kuala ...

Posted on 09/05/2023

Brinc Introduces ‘Co-Founder’, an AI-Powered Chatbot for Startups

Headquartered in Hong Kong, Brinc is a leader in global venture acceleration and operates 15+ multidisciplinary accelerator programs across seven countries. Brinc accelerates startups focused on ...

Posted on 09/05/2023

Jobless Hong Kong man linked to HK$3.5 billion money-laundering ring among 8 arrested in second-largest customs case ever

Main suspect, 38, who is unemployed and lives in a public flat, thought to be the mastermind behind crime syndicate Funds believed to be processed through 11 bank accounts of nine shell companies set ...

Posted on 09/05/2023

I’m an expat from the UK who’s lived in Hong Kong for 8 years. Here are 6 things tourists shouldn’t do when they visit.

Liz Weselby, a UK native, has lived in Hong Kong since 2015. She advises foreigners to avoid making locals "lose face" and explore beyond Disneyland.

Posted on 09/05/2023

HSBC reaches deal to buy out China fund partner, Reuters reports

A spokesperson for HSBC in Hong Kong declined to comment. Representatives for Shanghai-headquartered HSBC Jintrust and Shanxi Trust did not immediately respond to a request for comment. It was not ...

Posted on 09/05/2023

Wealth Summit Latest: Hong Kong’s Property Market Is Rebounding

The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.

Posted on 09/05/2023

Hong Kong schools in crisis as teachers and students flee ‘toxic’ political climate

Parents and teachers say the national security law, including the intensification of ‘patriotic education’, have prompted them to leave the city they love ...

Posted on 09/05/2023

Iain Duncan Smith condemns minister’s first visit to Hong Kong since China crackdown

Tory MPs have accused the government of “prostrating” itself before China as it holds talks over renewing business ties with Hong Kong.

Posted on 09/05/2023

British investment minister visits Hong Kong, first official visit in 5 years

Britain's Minister for Investment Dominic Johnson said he held a series of meetings with government officials and executives in Hong Kong on Monday, the first official visit from a senior British ...

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