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Month: August 2023

Posted on 22/08/2023

Hong Kong 47: Ex-district councillor did not publicly oppose plan to veto budget, court hears

A former Hong Kong district councillor standing in the city’s largest national security trial has said he did not express opposition to his political party’s stance on vetoing government funding. The ...

Posted on 22/08/2023

Hundreds of pupils expected to sit Hong Kong’s DSE university entrance exams across the border, as schools apply for new status

At least four mainland schools catering to Hong Kong pupils have applied to be Diploma of Secondary Education exam centres, according to principal One school head estimates a few hundred pupils on the ...

Posted on 21/08/2023

Mainland Investors Buy Hong Kong Stocks In Size, Baidu & Kuaishou Earnings Tomorrow

Mainland investors bought a net $1.2 billion worth of Hong Kong stocks via Southbound Stock Connect. Among the top traded names, real estate, energy, and financials were lower while technology was ...

Posted on 21/08/2023

China’s Rate Change Causes Market Panic; Big Dive In Hong Kong Stocks

In mainland China, domestic equity benchmarks also suffered further declines. The Shanghai Composite index and the Shenzhen Component dropped by 1.2% and 1.3%, respectively. Both indices now languish ...

Posted on 21/08/2023

HSBC gets punchy target as Jefferies shrugs off China crisis

HSBC shares getting caught up in the general over China and its property sector, in particular, are an opportunity, according to the analysts at ...

Posted on 21/08/2023

DBS Hong Kong and HSH Financial Services close HK$800 million bilateral sustainability-linked loan deal

Limited (“DBS Hong Kong”) and HSH Financial Services Limited (“HSH Financial Services”), a wholly-owned subsidiary of The Hongkong and Shanghai Hotels, Limited (“HSH”), have finalised a three-year ...

Posted on 21/08/2023

GAC Group and Tencent-backed ride-hailing platform OnTime files for IPO in Hong Kong

Chinese ride-hailing platform OnTime submitted its prospectus to the Hong Kong stock exchange, as reported by Chinese news site Sina.

Posted on 21/08/2023

40% of Hong Kong tertiary students have gambled in past 3 months, survey finds

More than 40 per cent of Hong Kong students have gambled in the past three months, a survey conducted by an NGO has found. Gambling counselling platform i-Change, part of the Evangelical Lutheran ...

Posted on 21/08/2023

Sunac Tumbles to Become Hong Kong Penny Stock as Woes Deepen

Allianz Keep Piling Into a Bet Gone Bad Putin Turns to Ruble and Ballot to Shore Up Shaken Authority Cargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel Burn Shares of the Chinese builder ...

Posted on 21/08/2023

Scotch Whisky secures trademark protection in Hong Kong

The Scotch Whisky Association (SWA) has announced that its application to register "Scotch Whisky" as a Certification Trademark in Hong Kong has been successful.

Posted on 21/08/2023

Hong Kong Inflation Eases Unexpectedly To 1.8%, Lowest In 4 Months

Hong Kong's consumer price inflation eased unexpectedly in July to the lowest level in four months, data released by the Census and ...

Posted on 21/08/2023

Hong Kong police arrest 50 for alleged use of fake cheques, bogus bank slips to buy luxury goods worth HK$3.5 million

Fraudsters posed as buyers to approach sellers of luxury bags, watches and wines on social media and other e-commerce platformsSuspects showed fake receipts to sellers to convince them they had ...

Posted on 21/08/2023

Hong Kong artist Miki Ho captures essence of Sham Shui Po, promotes inclusivity at ‘Everybody Studio’ exhibition

Ho honours the district’s unique culture, such as its Chinese god figurines and many street stalls, through installations and sketches.

Posted on 21/08/2023

Country Garden to be booted from Hong Kong’s stock index as the developer tries to scrounge up cash to avoid a first-ever default

Country Garden Holdings will be removed from the Hang Seng Index, Hong Kong’s flagship index tracking the largest companies on the city’s stock exchange, the index’s compiler announced on Friday. The ...

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