HSBC’s quarterly profit plunged 80 percent as it took a $3 billion charge on the value of its stake in a Chinese bank and a further write-down on commercial real estate, underlining how a slowdown in ...
Xia Baolong, top Beijing official overseeing Hong Kong affairs, arrives in city on 7-day fact-finding visit
Beijing’s top official overseeing Hong Kong affairs arrived in the city on Thursday, kicking off a seven-day fact-finding visit with an airport tour followed by briefing sessions with senior ...
Fiba Asia Cup qualifying: Philippines a daunting prospect for underprepared Hong Kong
Hong Kong short of personnel and training sessions after injuries, retirements, players opting out and lack of adequate medical insurance.
Hong Kong’s BEA reports 5.5% lower profit in 2023
The Bank of East Asia reported an increase in operating profit for 2023, although profit attributable to owners of the parent came in lower for the year. Operating profit before impairment losses ...
Hong Kong-based Hanson Robotics melds lifelike robots with AI
Julia Chatterley speaks to David Hanson, the founder & CEO of Hanson Robotics, about the firm’s humanoid robots.
Hong Kong Bourse May Spin Its Wheels On Thursday
The Hong Kong stock market has moved higher in two straight sessions, accelerating almost 350 points or 2.1 percent along the way.
Hong Kong Property Tycoons Weather Worst Slump In Two Decades With Little Relief In Sight
Lessons learned in the 1997-2004 slump helped some weather the storm while others were buffered by investments in luxury malls and non-property assets.
Hong Kong’s top 2 parties clash over ex-Legislative Council president Jasper Tsang’s views on proposed national security legislation
War of words breaks out between Democratic Alliance for the Betterment and Progress of Hong Kong and Federation of Trade Unions lawmakers over national security law.
How Solina Chau Built A Billion-Dollar Fortune Riding Shotgun To Hong Kong’s Richest Man
One of the world’s most powerful women has racked up big returns with savvy investments in disruptive startups like Facebook, Zoom and energy drink company Celsius. In 2007, Hong Kong entrepreneur ...
Former Pro Poker Player Turned Billionaire Chow Shing Yuk Shows Winning Hand
See the full list here. Logistics and delivery giant Lalatech Holdings’ chairman Chow Shing Yuk, who debuts this year with a net worth of $1.9 billion, is a rare billionaire from Hong Kong’s startup ...
Hong Kong’s 50 Richest 2024: Collective Wealth Slumps In A Gloomy Property And Trade Landscape
With a 28% stock market decline, the combined fortune of Hong Kong’s wealthiest fell 9% to $296 billion. This story is part of Forbes’ coverage of Hong Kong’s Richest 2024. See the full list here.
Hong Kong Is Over Unless China Fixes Own Economy, Roach Says
China must fix its economy and let Hong Kong run itself if it wants a better future for the financial hub, former Morgan Stanley Asia Ltd. chair Stephen Roach said, after a pessimistic column he wrote ...
Chinese banks approve $17 billion of ‘whitelist’ loans for property sector
By Clare Jim and Ziyi Tang HONG KONG/BEIJING (Reuters) -Chinese banks have approved property development loans of $17.20 billion as part of a special mechanism to inject liquidity into the sector, but ...
Hong Kong’s Jimmy Lai ignored objections to his letter campaign to Donald Trump, said being ‘brave’ only way to stop security law, court hears
Ex-associate publisher Chan Pui-man tells court her protests against Apple Daily’s ‘One Hongkonger One Letter to Save Hong Kong’ initiative fell on deaf ears.