Hundreds of jobs have been cut among the major bulge bracket banks as Hong Kong IPO volumes fell to the lowest level in more than 10 years as the result of higher interest rates and ongoing global ...
Hong Kong insurer FWD Group said to have cut around 50 jobs, some in Singapore
SYDNEY - Asia-focused insurer FWD Group has cut around 50 jobs in its head offices this week, according to two sources with direct knowledge of the matter. Read more at straitstimes.com.
Hong Kong Stock Market May Extend Thursday’s Gains
The Hong Kong stock market on Thursday ended the two-day losing streak in which it had tumbled almost 600 points or 3.8 percent. The ...
Chinese mainland, Hong Kong move to promote financial cooperation, connectivity
BEIJING, Feb. 1 (Xinhua) -- China's central bank and the financial authority of the Hong Kong Special Administrative Region have jointly rolled out new measures to strengthen financial cooperation, ...
Hong Kong property deals surge to their highest since August as stable interest rates lure buyers
On Thursday, HSBC, Hong Kong’s largest lender, said it was keeping its prime rate unchanged at 5.875 per cent, while deposit rates were kept steady at 0.875 per cent per annum. Hang Seng Bank also ...
Hong Kong’s New Security Law Brings Fresh Anxiety to Finance Hub
Hong Kong’s leader John Lee has spent the past year trying to revive the city’s business environment that’s been battered by pandemic curbs and China’s economic slowdown. His decision to enact a ...
A Hong Kong court convicts 4 people of rioting over the storming of the legislature in 2019 protests
A Hong Kong court has convicted four people for rioting over the storming of the city’s legislative council building at the height of the anti-government protests more than four years ago.
Nicole Kidman’s Hong Kong-Set Series ‘Expats’ Isn’t Available to Watch in the City, Revealing Regrets and Red Lines
Nicole Kidman’s ‘Expats’ won't be shown in Hong Kong, a move that highlights the city's media and entertainment context.
Meet the founders of 18 startups disrupting the social-media scene with alternative ways to connect online
Social media is evolving with new platforms like Nospace and Diem, focusing on connecting people over consuming media.
Stimulus Moves Give China And Hong Kong Stocks A Lift
Chinese and Hong Kong shares rallied again, propelling the Hang Seng another 545 points higher, a 3.6 percent jump from the previous close. Policy stimulus did not stop there. The central bank also ...
Hong Kong, Korea markets trade higher; India’s Paytm plunges 20%
Private PMI surveys show the worst of the slowdown in manufacturing activity in Asia, outside of China and Japan, could be over.
Hong Kong shares rise as Nikkei 225 declines
Hong Kong's Hang Seng Index HK:HSI increased 0.5% to 15,566.21 ... Shares of commercial banking firm China Merchants Bank HK:3968 and real estate services/transactions company Longfor Group Holdings ...
Hong Kong’s banks hold prime rates steady after Fed’s unanimous vote to ‘keep options open’ on when to start cutting the cost of money
Hong Kong's banks said they would keep their prime rates unchanged in line with the city's monetary authority, offering a breather to businesses and mortgage borrowers as the economy struggles to ...
Economic Watch: Chinese mainland, Hong Kong move to promote financial cooperation, connectivity
BEIJING, Feb. 1 (Xinhua) -- China's central bank and the financial authority of the Hong Kong Special Administrative Region have jointly rolled out new measures to strengthen financial cooperation, ...