HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6626 million shares in the UK and Hong Kong markets yesterday (8th), involving a total of more than HK$297 milli... HSBC HOLDINGS ...
OCBC Bank HK To Raise USD Prime Rate to 7.75% p.a. Tmr
Today (7th), OCBC Bank Hong Kong announced that it will increase its US Dollar Prime Rate from 7.5% p.a. to 7.75% p.a., effective from tomorrow (8th).
Hongkong Land: No Plan to Sell Central Properties; Rumors on Three Exchange Square Sales Purely Speculation
Media reports recently suggested that Hongkong Land is planning to sell Three Exchange Square, a grade-A business tower in Hong Kong’s Central district, with a staggering price tag of $16 billion.
3 Hong Kong workers die in ‘darkest day’ for construction industry
Three Hong Kong workers died in separate industrial accidents on Saturday in what a concern group said was “the darkest day” for the construction sector. A 40-year-old man demolishing a village house ...
Underperforming civil servants in Hong Kong to be sacked ‘in a few months’ rather than 2 years under new system
We hope to signal that we will seriously deal with colleagues whose work performance is not up to standard, says Secretary for the Civil Service.
Alarm bells rung over Hong Kong students’ gambling habits by counselling service
Survey finds more than 40 per cent of postsecondary students have gambled, some up to HK$5,000 over a three-month period.
HSBC HK Expects Loan Demand to Stay Weak in 2H with Strong NII
Luanne Lim, CEO of HSBC Hong Kong under HSBC HOLDINGS (00005.HK) -0.650 (-1.096%) Short selling $365.73M; Ratio 39.144% forecast the loan demand to remain weak in the second half ...
Several UK Lawmakers Blast HSBC Executives’ Remarks on CN
HSBC HOLDINGS (00005.HK)'s head of public affairs Sherard Cowper-Coles' remarks at a private event in June that criticize the UK for acquiescing to the demand of US to stan... HSBC HOLDINGS (00005.HK) ...
7 prominent advocates charged in Hong Kong’s 2019 pro-democracy protests get convictions overturned
The Court of Appeals has overturned certain convictions against seven of Hong Kong’s most prominent advocates, who were charged during Beijing's unprecedented crackdown on the city's pro ...
Hong Kong going grey faster than expected, sparking fears over healthcare, calls for new retirement policies
Hong Kong’s population is ageing more rapidly than previously forecast with figures for young people falling faster than the government expected, driving up the median age to an estimated 55½ years by ...
Troubled Country Garden will be dropped from Hong Kong’s Hang Seng Index
Shares of China’s troubled Country Garden Holdings Co. will be dropped from Hong Kong’s Hang Seng Index, the stock index compiler announced Friday, in the latest blow to the company. The property developer’s shares have tumbled 71% this year,
Hong Kong 4th simplest jurisdiction worldwide for doing business. Indonesia and mainland China continue to be most complex APAC countries
LONDON, Aug. 18, 2023 /PRNewswire/ -- TMF Group, a leading provider of compliance and administrative services, has launched the tenth edition of its Global Business Complexity Index (GBCI). The comprehensive report analyses 78 jurisdictions (77 in 2022 ...
Hong Kong pre-war cinema to be turned into restaurant celebrating Cheung Chau’s history and culture
Long-abandoned venue screened films from 1931 to 1997 and is one of city’s two remaining cinemas from pre-war era.
China’s Troubles Rattle Global Stocks and Drag Hong Kong Into Bear Market
The Hang Seng Index has fallen more than 20 percent from its recent high, as investors grow more pessimistic about China’s post-pandemic recovery.