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Month: March 2024

Posted on 25/03/2024

RBC closing, rebranding HSBC locations as acquisition given approval

We appreciate the thorough and thoughtful approach Canada’s regulators have taken to this sale since the HSBC Group announced its strategic decision to exit the Canadian mark ...

Posted on 25/03/2024

HSBC’s Top Tech Banker Winston Cheng Exits to Join Tech Firm

HSBC Holdings Plc’s global co-head of technology, media and telecom Winston Cheng is leaving the bank to join a major tech firm.

Posted on 25/03/2024

Euromoney Private Banking Awards: Hong Kong’s best international private bank: DBS

DBS wins this award for best international private bank in Hong Kong in recognition of the quality and breadth of its services and its distinctive regional expertise.

Posted on 25/03/2024

Euromoney Private Banking Awards: Hong Kong’s best pure-play private bank: EFG Bank

The Zurich-headquartered, global private-banking group has been growing from strength to strength in Asia, and Hong Kong specifically, in recent years, driven by a deepening client base in the region ...

Posted on 25/03/2024

British tourists urged to beware in Hong Kong over strict new security law

The UK, Australia and Taiwan have urged their citizens to exercise caution in Hong Kong after the city’s authorities rushed through a draconian new security law.

Posted on 25/03/2024

Mainland Chinese buyers have benefited the most from the removal of Hong Kong’s property curbs, have stepped up luxury purchases, JLL says

Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (US$3.8 million) or more since the removal of all of Hong Kong’s property curbs last month, JLL said. These ...

Posted on 25/03/2024

Flash News: OKX Ventures Partner Jeff Ren Discusses Green Finance and Technology at the First Annual Hong Kong Climate Forum

OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for March 25, 2024.

Posted on 25/03/2024

Christie’s to open new Hong Kong HQ, sees growing Asian Gen Z interest

Auction house Christie's hopes its new 50,000-sq-ft Asia headquarters that opens in Hong Kong in September will boost sales in 2024 amid increased interest across the region from a new generation of ...

Posted on 25/03/2024

Hong Kong’s once high-flying bankers become a lost generation

IPO fund-raising in Hong Kong fell by 56 per cent in 2023 to HK$46 billion, the least since the dot.com crash of 2000. Read more at straitstimes.com.

Posted on 25/03/2024

China and Hong Kong stocks close down as investors take profits

The blue-chip CSI300 index was down 0.54%, with its financial sector sub-index lower by 0.5%, the consumer staples sector down 0.76%, the real estate index up 1.62% and the healthcare sub-index down 0 ...

Posted on 25/03/2024

Hong Kong stocks edge up as yuan rebounds, investors watchful in earnings-packed week

The yuan currency posted the biggest daily gain this year against the dollar after the People's Bank of China set a higher daily reference rate Caution prevailed as 26 companies that comprise the ...

Posted on 25/03/2024

‘HK can help promote global green finance’

Financial Secretary Paul Chan on Monday said that Hong Kong could make valuable contributions in facilitating global finance and tech cooperation to ...

Posted on 25/03/2024

Hong Kong’s education minister pledges moderated university fee hikes, saying government will consider the financial burden on students

Christine Choi says the ‘very pragmatic approach’ will ensure it will take around five years to touch 40 per cent target for non-local students ...

Posted on 25/03/2024

Hong Kong official warns online criticism could breach new national security law

The Article 23 legislation includes penalties for five categories of crime including treason, insurrection, espionage, sabotage and external interference ...

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