More than 80% of HSBC's profits are generated from outside the UK, with more than half of that coming from mainland China and Hong Kong. It means that the global banking giant has to walk a fine ...
Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week
Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's ...
80% of Credit Suisse Hong Kong investing banking jobs to be cut: Sources
Only about 20 bankers will likely be spared the cuts that will impact the 100-people strong team. Read more at straitstimes.com.
After Covid placed her in spotlight, scientist behind mRNA vaccines, in Hong Kong for award, voices hope technology can treat other conditions
Hungarian-American biochemist Professor Katalin Kariko hopes mRNA science can be used for wound-healing and even on cancer In town to receive CUHK honorary doctorate of science, she shares her ...
U.S. IPO Weekly Recap: SharkNinja Completes Listing As Wave Of Small IPOs Continues
There were five pricings this past week, four of which are included in our IPO stats. Three issuers submitted initial filings.
Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80% staff, start this week- sources
Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's ...
Whale carcass found in Hong Kong waters to be buried but authorities plan to retrieve skeleton for research
Experts have conducted a necropsy on carcass of the eight-metre Bryde’s whale and further analysis of tissue samples is under way, government says.
Hong Kong needs to protect its image as financial center
Chief Executive John Lee, marking the 26th anniversary of the establishment of the Hong Kong Special Administrative Region after the return of Hong Kong to China by Britain, asserted ...
HSBC launches $2bn buyback as profit beats forecasts
HONG KONG: HSBC Holdings raised its key performance target on Tuesday as its first-half profit surged more than two-fold, supported by rising interest rates around the world and the planned sale of ...
HSBC executive slams ‘weak’ UK for siding with US against China
The head of public affairs said the UK would often bow to the demands of Washington and shouldn’t blindly follow the US.
Hong Kong stocks waver as traders reassess impact of China’s stimulus measures to spur growth
Hong Kong stocks fluctuated between gains and losses as investors ... A joint briefing by government agencies, including the central bank and the finance ministry on Friday, failed to deliver any ...
Valtech Valuation launches a Valuation Dashboard for Startup Projects
a Hong Kong-based boutique firm in valuation advisory, industry research and risk consulting, has recently launched a Valuation Dashboard to analyse the latest market startup valuations by various ...
Why Hong Kong’s ceilings used to be much higher, and how ones of galvanised iron sheets were once a hot interior design trend
In most pre-war Hong Kong buildings, ceilings are much higher than in contemporary structures; even in residential buildings, three metres or more is not uncommon.
Indonesian domestic workers in Hong Kong call for standardised training to minimise potential disputes with employers paying higher fees
Representatives of Indonesian Migrant Workers’ Union gathered outside consulate to express concern over enforcement of ‘zero placement fees’ policy.