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Month: July 2023

Posted on 22/07/2023

HSBC Purportedly Mulls Setting up Green Finance & Bonds Teams in CN

HSBC HOLDINGS (00005.HK) is putting together teams that will be dedicated to green finance and bonds in mainland China, so as to fulfil the growing demand for relevant products in ... HSBC HOLDINGS ...

Posted on 22/07/2023

Hong Kong police search for mainland Chinese parents, family of 12-year-old boy abandoned in hospital emergency department

Hong Kong police are searching for the family of a 12 year-old boy who has been found abandoned in a hospital emergency department. The force on Saturday said that Chen Healton, whose parents are from mainland China, was discovered wandering alone on Friday afternoon at Kwong Wah Hospital in Yau Ma Tei.

Posted on 22/07/2023

Hong Kong proposes streamlining immigration clearance at checkpoint in Northern Metropolis plan for easier cross-border travel

Seamless immigration clearance at Fulin Small Boundary Control Point will improve travel for professionals, Undersecretary for Security Michael Cheuk says.

Posted on 22/07/2023

Hong Kong Startup Dayta Ai Netted $5M In Latest Series A Round To Fuel Overseas Expansion

Dayta AI, video analytics solution provider, has raised $5 million Series A round co-led by VU Venture Partners and Transcend Capital Pa ...

Posted on 22/07/2023

DBS Reported to Ramp up H-based Mortgage Cap Rate to 5.875%, Bringing Actual Mortgage Rate to Highest in Over 2 Decades

DBS Hong Kong will raise the cap rate for new HIBOR-based mortgage plans exponentially from 3.375% in June to 5.875%, which would be equal to the HKD prime rate and bring the actual mortgage interest ...

Posted on 22/07/2023

Hong Kong 47: ‘Not worth wasting resentment’ on gov’t, says ex-journalist at security law trial

Hong Kong journalist-turned activist Gwyneth Ho, one of the 47 pro-democracy figures accused of conspiring to commit subversion, has told a panel of handpicked national security judges that she had “no resentment” towards the government,

Posted on 22/07/2023

Mainland Investors’ $1 Billion Bet On Hong Kong Stocks, Week In Review

On Wednesday, Mainland investors bought $2.11 billion of Hong Kong-listed stocks in the 10 th largest net buy day ever. Asian equities were largely higher as India underperformed on light volumes and little news.

Posted on 21/07/2023

Chinese property giant Country Garden sinks in renewed storm

By Ankur Banerjee, Clare Jim and Marc Jones SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall ...

Posted on 21/07/2023

Chinese Visitors Can Now Pay With eCNY at Over 200 Hong Kong Shops

As of July 18, holders of digital yuan wallets are allowed to make payments at more than 200 merchants in Hong Kong using China’s CBDC. In addition, consumers can receive shopping subsidies in digital ...

Posted on 21/07/2023

exclusive | Deutsche Bank bulks up with dozens of new hires, some from rivals, as German lender sets sights on deal making in Asia

He joined the German lender from McKinsey & Co in 2004. A restructuring initiated in ... The executives will mostly be based in the Hong Kong office, with a focus on the Hong Kong and Greater China ...

Posted on 21/07/2023

Contactless immigration proposed for planned port under Hong Kong’s Northern Metropolis scheme

Contactless immigration clearance at Fulin Small Boundary Control Point will facilitate travel for talent from mainland, Undersecretary for Security Michael Cheuk says.

Posted on 21/07/2023

Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says

Details about changes to the wealth management and southbound bond connect schemes to be announced 'soon', HKMA CEO Eddie Yue says Mainland officials support the strengthening of Hong Kong's ...

Posted on 21/07/2023

Hong Kong court to decide whether to ban broadcast of popular protest song at Beijing’s request

A Hong Kong court will hand down a closely-watched decision over whether to ban the broadcast and distribution of "Glory to Hong Kong," a protest song after the government asked it to do so in the name of national security. The song was written during the ...

Posted on 21/07/2023

Hong Kong’s John Lee to start public consultation this month in lead-up to second policy address

Chief Executive John Lee pledges to continue his 'result-oriented approach' and push for the city's economic development Public invited to make their views heard ahead of policy address in October ...

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