As the city strives to achieve carbon neutrality by 2050, Paul Chan believes it is ‘well positioned to be a leader in Asia for green finance and technology.’ ...
Hong Kong gears up for safe cross-border driving
Authorities in mainland China and the city are smoothing the way for a scheme to allow more private cars into the rest of Guangdong province Driving to mainland China is about to become much easier ...
Jack Ma-Backed Ant Weighs Introducing Investor in HK Bank Unit
Ant Group Co. is considering selling a stake in its virtual banking unit in Hong Kong, according to people familiar with the matter, the latest move as the fintech giant overhauls operations.
UK confronts Beijing over Hong Kong, Taiwan and Xinjiang
Foreign secretary discussed areas of ‘disagreement and co-operation’ with China’s VP at pre-coronation meeting ...
HSBC wins battle with biggest shareholder over call to break up bank
HSBC has seen off an attempt by its biggest shareholder to break up the bank, with an "overwhelming majority" of investors voting Friday to keep the business intact.
HSBC defeats proposal to spin off its Asian business at contentious shareholder meeting
Investors cast their votes on the proposal at the bank's annual meeting in Birmingham, but its supporters ultimately failed to get the majority required.
HSBC quashes Ping An-backed protest vote at annual meeting
HSBC soundly defeated a bid to break-up the bank and spin-out its lucrative Asian business at its annual investor meeting in Birmingham in England on Friday, but still faced a rebellion against its ...
HSBC defeats Asia spin-off proposal at investor meeting
Europe's biggest bank HSBC defeated a resolution from Hong Kong-based shareholders and backed by major investor Ping An to potentially spin-off its lucrative Asia business, the bank's chairman Mark ...
HSBC Shareholders Defeat Measure Aimed at Spinning Off Asia Operations
The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit.
Hong Kong well positioned to be a leader in green finance, technology, says Financial Secretary Paul Chan
As the city strives to achieve carbon neutrality by 2050, Paul Chan believes it is ‘well positioned to be a leader in Asia for green finance and technology.’ ...
HKSAR govt welcomes IMF’s affirmation of Hong Kong’s economic growth, financial stability
HONG KONG - The Hong Kong Special Administrative Region (HKSAR) government on Friday welcomed the International Monetary Fund (IMF) Article IV Mission's affirmation of the HKSAR government's efforts ...
Jack Ma’s Ant Eyes Stake Sell In Hong Kong Banking Unit
Alibaba Group Holding Limited's (NYSE: BABA) fintech affiliate Ant Group Co Ltd weighed selling a stake in its virtual banking unit in Hong Kong to win regulatory confidence for its impending initial ...
Mega Startup IPO Faces Serious Trouble
Some in Congress are calling for the SEC to block this company from going public unless it takes a big action.
Chinese tycoon Chen Hongtian in talks with banks to resolve ‘mild’ mortgage defaults on Hong Kong property worth US$1.27 billion
Talks on repayments are proceeding with banks and there are plans to sell a stake in a commercial tower, says Chen Hongtian, the chairman of Cheung Kei Group The three properties mortgaged with the ...