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Month: July 2023

Posted on 31/07/2023

Hong Kong removes requirement to flag China risk in listing applications

Hong Kong's stock exchange will no longer require companies to spell out China-related business risks in listing applications from Tuesday, in a move that aligns the city more closely with disclosure ...

Posted on 31/07/2023

French climber dies in suspected fall during ‘stunt’ at Hong Kong high-rise

Remi Lucidi, 30, who had a large social media following, found dead on a patio at apartment block ...

Posted on 31/07/2023

Jardine company earnings held back by Hong Kong property

A number of Bermudian-listed and domiciled Jardine companies reported earnings on Friday, with strong indicators of post-pandemic recovery somewhat balanced by sizeable investment losses. These ...

Posted on 31/07/2023

China-U.S. IPO Train Creeps Ahead With First New Listing Application

China’s securities regulator said it has received an application from Majestic Ideal Holdings for a US listing. It could end a 2-year-old pause in new US listings by Chinese companies.

Posted on 31/07/2023

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Posted on 31/07/2023

French Daredevil Who Climbed Towers Around World Believed to Have Fallen to His Death in Hong Kong

HONG KONG (AP) — A French man is believed to have fallen to his death from a high-rise residential building in Hong Kong last week, police said on Monday, with local media outlets identifying him as ...

Posted on 31/07/2023

Coco Lee fans bid farewell to pop diva at her funeral in Hong Kong

Fans, friends and family of the late Hong Kong-born, American singer and song-writer Coco Lee gathered for her funeral in Hong Kong on Monday, paying respects to the star who died at the age of 48 ...

Posted on 31/07/2023

Hong Kong economy slows in second quarter after rebound

Hong Kong's economy expanded by 1.5 percent in the second quarter, data released Monday showed, indicating slowing growth after a robust start to the year.After its reopening, the economy bounced back ...

Posted on 31/07/2023

Hong Kong quarterly GDP growth slows on sluggish global economy

Hong Kong's economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the momentum softening after a strong rebound in the preceding quarter.

Posted on 31/07/2023

Hong Kong developer Hang Lung Properties reports 23 per cent profit growth in first half but warns of ‘clouds’ in outlook

Net profit rose to HK$2.39 billion (US$306 million) in the first half, while total revenue dropped 1 per cent even as mall revenue rebounded. Still, ‘plenty of uncertainties’ persist, both ...

Posted on 31/07/2023

Analysis-Words only go so far: Investors want property fixed before buying China

For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property ...

Posted on 31/07/2023

Bank of China Hong Kong to conduct system maintenance in 6 August

Services affected include ATM transactions and the BOCHK website. Bank of China (Hong Kong) (BOCHK) is conducting system maintenance between 12:30AM (0030H) to 7AM on 6 August, Hong Kong time.

Posted on 31/07/2023

Indonesian Conglomerate Astra Invests $100 Million In Local Telehealth Startup Halodoc

Astra said on Friday it has led the Series D round of Halodoc, bringing its total investment in the Jakarta-headquartered startup to $135 million.

Posted on 31/07/2023

Fans pay tribute to Coco Lee, Hong Kong singer who had international success

Fans of singer and songwriter Coco Lee, who was known for her powerful voice and live performances, were gathering with flowers to pay their respects at her funeral in Hong Kong.

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