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Month: February 2024

Posted on 28/02/2024

Opinion | Hong Kong’s Next Political Crackdown

The line that used to separate Hong Kong from China continues to evanesce, and the latest example is a new national-security law known as Article 23 that is completing its comment period this ...

Posted on 28/02/2024

Nearly 40% of teachers deregistered in Hong Kong last year lost licences because of sexual offences

Nearly 40 per cent of the 47 teachers deregistered in Hong Kong last year lost their licenses because they committed sexual offences, education authorities have said. The second major reason for ...

Posted on 28/02/2024

Hong Kong’s Article 23 national security law needs public interest defence for state secrets offence, says city’s biggest lawyer group

Law Society of Hong Kong tables proposal, along with body representing senior media executives, on Article 23 legislation views, before its 30-day consultation ends on Wednesday.

Posted on 28/02/2024

FirstFT: McKinsey website touted its consulting for Chinese government ministries

McKinsey claimed in marketing materials that it had advised ... G20: Finance ministers meet in São Paulo, Brazil to prepare for the annual presidential summit in November. Hong Kong: Financial ...

Posted on 28/02/2024

Hong Kong green fintech players must extend ties to sectors beyond finance to serve the economy, experts say

Companies should focus on increasing their integration with multiple sectors to enhance their ability to serve the real economy, industry experts said at a summit.

Posted on 28/02/2024

AGBA Group is Positioned For Hong Kong’s Rebounding Macro Environment with Business Refinements and Growth Strategies

The year 2023 posed significant macro-economic challenges for Hong Kong and China, particularly in relation to the Chinese real estate and financial markets. As an open economy heavily reliant on ...

Posted on 27/02/2024

Shein considers London listing if US IPO blocked over ties to China

Online fast-fashion group considers UK as back-up plan, following scrutiny by American regulators and politicians ...

Posted on 27/02/2024

Hong Kong ELS Investors Hit with $751 Million in Losses, Banks Pocket $140 Million in Commissions

As the losses of customers who invested in ELS linked to the Hong Kong H-Index are expected to exceed $751 million soon, it has been revealed that these banks have earned about $140 million in ...

Posted on 27/02/2024

Putin Reportedly Approves Expobank’s Acquisition of HSBC’s Russian Biz

Russian President Vladimir Putin approved the sale of HSBC Bank (RR), a Russian business, by HSBC HOLDINGS (00005.HK) to local bank Expobank, according to foreign media reports.Pre... Russian ...

Posted on 27/02/2024

Hong Kong Housing Society plans to seek bank loan of at least HK$1 billion, sell some assets to tackle cash-flow issues in coming years

Hong Kong Housing Society chairman Walter Chan says bank loan is the easiest and most direct way to raise capital City's second-largest public housing provider has faced challenges in recent years, ...

Posted on 27/02/2024

Hong Kong Stocks: Nio Lends Technology to British Startup Forseven, Shares Rise

In major news on Hong Kong stocks, Chinese electric vehicle (EV) maker Nio Inc. (HK:9866) (NYSE:NIO) is lending its technology and know-how to ...

Posted on 27/02/2024

Hong Kong property players hope authorities lift cooling measures in upcoming Budget

HONG KONG: Hong Kong finance chief Paul Chan is widely expected ... But people must consider many other factors like the mortgage. That's why the purchasing is not as hot as before,” said Mr Mok.

Posted on 27/02/2024

HSBC, BEA Complete 1st Digital Bond Repurchase Deal

HSBC announced the completion of a HKD repurchase transaction with BANK OF E ASIA (00023.HK), secured by the Hong Kong Government's Digital Native Green Bonds, representing the first repurchase ...

Posted on 27/02/2024

Hong Kong budget 2024-25: will city get back tourism spark from fireworks, drone shows? Experts question reported multimillion dollar plan

Lawmakers and tourism sector cast doubt over effectiveness of possible monthly Victoria Harbour fireworks and drone performances, as well as light show revamp Source earlier revealed finance chief ...

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