A total of 60 Hong Kong civil servants were removed from service in the financial year of 2022-23, around double the yearly average recorded in the previous five years, the city’s civil service chief ...
Hong Kong stocks slip as HSBC, Bank of China pace losses before earnings reports, worries about credit exposure to property market
Stocks weaken before HSBC, Bank of China and BYD report their quarterly earnings this week. Caution prevailed amid concerns about credit losses in mainland China’s property sector.
Standard Chartered-backed firm Zodia Custody expands Institutional crypto services to Hong Kong
Zodia Custody, owned by British financial powerhouse Standard Chartered, has announced its entry into the Hong Kong market. This move comes as part of the company’s deliberate foray into the ...
Brinc and Hatcher+ Team Up to Supercharge Climate Tech Startups
Brinc, a leading global venture accelerator, and Hatcher+, an award-winning, data-driven VC, have announced their intention to identify, invest in, and support the growth of 300 new climate tech ...
China Evergrande winding-up hearing adjourned to Dec. 4 by Hong Kong court
A Hong Kong court has adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4 ...
Hong Kong contribution prompts higher target prices for iFast
"The commencement of ePension contributions was the key positive feature of 3Q23 earnings, and effectively kick-starts seven years of project fees," writes Choong in her Oct 27 note, adding that Hong ...
Firearms charge against Washington state senator Jeff Wilson dismissed in Hong Kong court
A Hong Kong court has dismissed a gun charge against a Washington state senator arrested after he carried a gun into the Chinese territory.
Standard Chartered-owned crypto firm Zodia launches in Hong Kong
Zodia Custody, the crypto security firm owned by British bank Standard Chartered, is launching its services in Hong Kong, the company told CNBC exclusively.
At Hong Kong Web3 events, industry players look past recent crypto scandals to promote blockchain for everything
Major Web3 events in Hong Kong have been focusing more on Web3 usability and use cases like identification, content ownership and video gaming.
Hong Kong investment spurs expansion in Thai manufacturing and logistics
Thailand is attracting the attention of Hong Kong-based investment companies keen to establish manufacturing and logistic firms within its borders, revealed Thai trade representative Nalinee Taveesin.
Cathay welcomes the Govt’s Policy Address initiatives to further strengthen Hong Kong’s international aviation hub status
The Hong Kong international aviation hub plays a key role in the development of both Hong Kong and the country.
LET Group sells Hong Kong holding unit for US$2.6mln
LET Group Holdings Ltd, a Hong Kong-listed investor in a number of Asian casino projects, says that an indirect wholly-owned subsidiary has completed the disposal of a Hong Kong business unit, for a consideration of HKD19.95 million (US$2.6 million)
China Evergrande faces winding-up challenge in Hong Kong court
China Evergrande Group's fate will be tested on Monday as Hong Kong's High Court hears a winding-up petition against the embattled property developer, nearly two years after it defaulted on its debts.
Hong Kong’s property relaxation measures build investor buzz but potential buyers await price stability
High interest rates, new supply and economic uncertainties continue to pressure Hong Kong property prices even though the government’s recent measures could provide a boost to transaction volumes.