L’Occitane’s billionaire owner Reinold Geiger and Blackstone are nearing a deal to take the US$5.6 billion skincare company private, people familiar said. The stock is halted in Hong Kong pending an ...
Opinion: Financial scammers have a new weapon to steal your money: AI
Recently a group of scammers orchestrated a sophisticated heist that netted them $25 million. Utilizing deepfake technology and AI voice cloning, they created eerily convincing digital replicas of ...
Hong Kong’s John Lee urges businesses to be bold, creative amid changing spending habits
Hong Kong's leader brushes off concerns over lacklustre Easter ... the "Art March" campaign last month had drawn more than 4 million attendees, as he urged business operators to explore new ways to ...
Multi-strategy hedge funds in Hong Kong and Singapore are booming. Here’s why they’re tapping the Middle East to get to the next level.
New launches and long-time players in Singapore and Hong Kong are looking westward as they expand.
Mainland Chinese Buyers Flock Back to Hong Kong Luxury Properties in Early 2024
Mainland Chinese buyers are observed to have accounted for around 70% of recent primary sales of luxury residential properties worth HKD 30 million or above, rebounding from less than 50% before the ...
China’s property crisis hits small regional banks harder than big players
In terms of the scale of bad property debts, some institutions saw even larger increases. At the top of the list is Bank of Qingdao, headquartered in Shandong province, near Liaoning, which suffered a ...
Hong Kong seizes over $10 million worth of gold disguised as machine parts in record smuggling bust
Hong Kong authorities have made the city's largest ever gold smuggling bust, seizing $10.7 million worth of the precious metal that was disguised as machine parts.
Hong Kong Stock Market Needs More Steps to Boost Performance, John Lee Has Plans
Hong Kong’s leader John Lee announced on Monday that authorities were exploring additional measures to support the securities market in the Asian financial hub, which has been impacted by China’s ...
Fintech Adyen and PayMe by HSBC to Expand Businesses’ Client Reach in Hong Kong
Adyen, the global financial technology platform of choice for leading enterprise businesses, announced its partnership with PayMe by HSBC.
BOC Hong Kong (Holdings) Earning Potential Bolstered by Strong Loan Growth and Superior Asset Quality
DBS analyst Manyi Lu reiterated a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report) on March 31 and set a price target of HK$29.70. Manyi Lu has given his Buy rating due to a ...
Freedom’s Man in Hong Kong
Jimmy Lai’s trial is exposing the myth that the local protests were foreign-directed.
Hong Kong customs makes largest-ever gold smuggling bust
Hong Kong customs said on Monday (Apr 8) that it has made the biggest gold smuggling bust in its history, seizing 146kg of the precious metal disguised as air compressor parts at the city's ...
Hong Kong’ investment scene turns out to be Bitcoin ETF-oriented due to initiatives.
Hong Kong-based subsidiaries to launch Bitcoin Exchange-Traded Funds (ETFs) which may in the long-run indicate the potential change ...
Is Hong Kong’s IPO slump irreversible?
The Chinese financial hub just posted its worst first quarter for IPO proceeds in 15 years. With China’s economy stumbling and new local security laws deterring global investors, can anything stop the ...