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Month: December 2023

Posted on 29/12/2023

Hong Kong activist flees to UK citing ‘stringent surveillance’ by national security police following his prison release

The former leader of a Hong Kong pro-independence group on Thursday said he had fled to Britain to seek asylum in breach of a police supervision order, joining a growing list of pro-democracy ...

Posted on 29/12/2023

Tony Chung: Pro-democracy activist flees Hong Kong to seek asylum in UK

Hong Kong pro-democracy activist Tony Chung has applied for asylum in the UK after fleeing the former British colony, saying he suffered trauma from continued surveillance by security officials who ...

Posted on 29/12/2023

Japanese secondhand goods chain to upgrade Hong Kong business

NAGOYA, Japan/HONG KONG -- Japanese secondhand goods seller Komehyo Holdings is set to expand its Hong Kong operation, planning an Asia regional headquarters there and the opening of additional ...

Posted on 29/12/2023

Hong Kong democracy advocate seeks asylum in Britain

Hong Kong democracy activist Tony Chung said Friday he had fled to Britain because he could no longer endure living in fear, with authorities pressuring him to become a paid informant while banning

Posted on 29/12/2023

UBTech, maker of Stormtrooper robots, gains in Hong Kong trading debut after pricing final IPO of 2023 at lower end of range

Stock rises in trading after an early drop, as Hong Kong's equity market wraps up a fourth straight year of losses Shenzhen-based robot maker sold about 11.3 million new shares at HK$90 each, versus ...

Posted on 29/12/2023

Top 10 things to do at the Bank of China Hong Kong Tennis Open 2024

ATP Tour tennis returns for the first time in more than 21 years this New Year with the inaugural Bank of China Hong Kong Tennis Open 2024 (BOCHKTO), from 31 December to 7 January at Victoria ...

Posted on 29/12/2023

Hong Kong Shares May Run Out Of Steam On Friday

The Hong Kong stock market has finished higher in back-to-back sessions, jumping more than 700 points or 4 percent along the way. The ...

Posted on 29/12/2023

Hong Kong stocks may reverse losing streak in 2024 on likely Fed rate cut, China policy support: HSBC Jintrust

Hong Kong stocks could end their longest losing streak in 15 years, as US monetary policy easing boosts risk appetite and corporate earnings improve on China’s economic recovery, HSBC Jintrust says.

Posted on 29/12/2023

HSBC HOLDINGS (00005.HK) Approved to Sell HSBC Canada to RBC; Expected Completion 1Q24

HSBC HOLDINGS (00005.HK) announced that the Minister of Finance of the Canadian federal government approved yesterday (21 Dec) the sale of its Canadian branch to the Royal Bank of ... HSBC HOLDINGS ...

Posted on 29/12/2023

Hong Kong stocks slip, trimming weekly gain, as market wraps up fourth year of losses

A 4 per cent rebound this week offers some consolation to investors in another poor year of trading in Hong Kong. China’s property and local government troubles could impede stock gains next year.

Posted on 29/12/2023

Hong Kong stocks flat at the open

Hong Kong stocks opened flat on Friday, with global markets continuing a year-end rally boosted by optimism around the US Fed's monetary policy. The

Posted on 29/12/2023

Hong Kong Customs detects first-ever money laundering case via transnational diamond trading

HONG KONG -- Hong Kong Customs on Thursday announced that it has smashed a large-scale transnational money laundering syndicate that had laundered about 500 million Hong Kong dollars (about $64 million), the first-ever money laundering case using transnational diamond trading detected by Customs.

Posted on 29/12/2023

Hong Kong-Based Value Partners Plans to Tokenize 3 Tons of Gold and Roll Out Cryptocurrency ETFs

Value Partners, a Hong Kong-based company says it has plans to tokenize gold assets and also make an entry to the much anticipated Exchange Traded Fund (ETF) market.

Posted on 29/12/2023

Electric Car Companies From China Are Flocking to Hong Kong

Companies involved in China’s electric car industry are setting up shop in Hong Kong to leverage the city’s financial system for their global expansion, investing over $1 billion so far and creating ...

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