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Month: July 2023

Posted on 19/07/2023

Hong Kong’s security appointee signals resolve for tight control

China's appointment of a top intelligence official to run Hong Kong's national security regime underscores its determination to tighten its grip on the financial hub, according to diplomats and ...

Posted on 19/07/2023

Bookworms gather in Hong Kong for yearly feast as one of world’s largest book fairs opens its doors for 7-day event

The large crowd, including foreigners and mainland Chinese visitors, flocked to the Hong Kong Book Fair, the city's first since all borders reopened. More than 300 people were in the queue at around ...

Posted on 19/07/2023

China, Hong Kong stocks extend losses, focus on stimulus

China and Hong stocks extended losses on Wednesday, with frail economic data continuing to weigh on sentiment as investors wait for meaningful stimulus as the next catalyst.

Posted on 19/07/2023

HSBC Buys Back 4.74M Shrs for About $299M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7464 million shares in the UK and Hong Kong markets yesterday (18th), involving a total of about HK$299 million. Of these, 2.2464 ...

Posted on 19/07/2023

Higher Open Projected For Hong Kong Stock Market

(RTTNews) - The Hong Kong stock market on Tuesday wrote a finish to the five-day winning streak in which it had surged almost 1,100 points or 6 percent. The Hang Seng Index now sits just above the ...

Posted on 19/07/2023

Aramco Team Series reaffirms plans for Oct golf tournament in Hong Kong

The Aramco Team Series (ATS) said on Wednesday that its plans to stage an inaugural golf tournament in Hong Kong in October would go ahead after the financial centre's government said it would lend ...

Posted on 19/07/2023

Hong Kong’s new national security chief was deputy minister in mainland China’s counter-espionage services

A deputy minister in mainland China’s counter-espionage services has been appointed as Beijing’s national security chief in Hong Kong. The Beijing Ministry of Human Resources and Social Security said ...

Posted on 19/07/2023

Hong Kong talent war means new bank hires get 30% jump in pay

Finance and technology professionals in Hong Kong typically command higher pay than in the rival hub of Singapore. Read more at straitstimes.com.

Posted on 19/07/2023

Tricked into trafficking? Hong Kong drug mules face uphill fight to prove innocence, with most spending years in prison before release

NGO head says: 'People who have been tricked into becoming drug mules are not criminals or members of drug syndicates, they are innocent victims' International syndicates are using more couriers to ...

Posted on 19/07/2023

Hong Kong’s economic recovery rests on more than voucher giveaways

Consumption vouchers may have been well received by the Hong Kong public, but they can only go so far and other prudent financial options are needed There is no denying that the latest tranche of ...

Posted on 19/07/2023

HKEX’s climate disclosure rules will force Hong Kong firms to seek solutions for greenhouse gas emissions: PwC

Hong Kong-listed companies will need to ‘know their greenhouse gas emissions’ and ‘look for solutions’ to meet the stock exchange’s imminent climate disclosure requirements, says PwC.

Posted on 19/07/2023

Hong Kong schools and stock market are closed as Typhoon Talim sweeps toward China

Schools and the stock market have been shuttered in Hong Kong as Typhoon Talim sweeps south of the city toward the Chinese mainland ...

Posted on 19/07/2023

Forum highlights Hong Kong’s business environment advantages under rule of law

HONG KONG, July 18 (Xinhua) -- A legal forum was held in Hong Kong on Tuesday with a focus on how the rule of law has brought about a superior business environment for Hong Kong.

Posted on 18/07/2023

Boyu Capital to buy Hong Kong-based medical device maker Quasar from Longreach Group in US$600 million deal

Buyout firm beat out other suitors for the Longreach Group-owned firm, including companies in the industry and other private-equity firms, sources say.

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