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Month: April 2024

Posted on 02/04/2024

Hong Kong won’t draw back tourists with clichéd attractions. They go to places to experience what locals enjoy

Gimmicks like fireworks and drone shows that all but the most backward Chinese cities look down upon are not the answer to Hong Kong tourism’s problems. Tourists want authentic experiences.

Posted on 02/04/2024

China Developers’ Shares Suspended in Hong Kong for Missing Results Deadline

Several Chinese developers’ shares have been suspended from trading in Hong Kong starting Tuesday due to their failure to meet the deadline for publishing last year’s annual results, another sign of ...

Posted on 02/04/2024

Hong Kong Cyberport data breach last year affected 13,632 staff and jobseekers, privacy watchdog says, slamming cybersecurity oversights

Office of the Privacy Commissioner investigation finds personal data such as ID card and passport numbers of more than 13,000 people stolen in Cyberport breach.

Posted on 02/04/2024

HSBC HOLDINGS (00005.HK) Finishes Sale of Canada Biz, Proposes Spec. Div. USD21 Cents

HSBC HOLDINGS (00005.HK) completed the sale of HSBC Bank Canada and its subsidiaries to the Royal Bank of Canada last Thursday (28 Mar). Completion of the transaction will result in the recognition of ...

Posted on 02/04/2024

Hong Kong Emptied Out Over Easter With Record Jaunts to China

Hong Kong became a ghost town during the Easter holiday as residents made a record number of trips out of town — particularly to mainland China — leaving bar strips and shopping hotspots empty.

Posted on 02/04/2024

Country Garden: China property giant suspends shares in Hong Kong

Crisis-hit Chinese property developer Country Garden has suspended trade in its shares on the Hong Kong Stock Exchange after delaying the publication of its annual financial results. The firm said ...

Posted on 02/04/2024

Hong Kong Mall Operator Lifestyle Seeks Up to $1 Billion Loan

Hong Kong mall operator Lifestyle International Holdings Ltd. is in talks with banks to refinance a loan that backs a landmark retail project at a mega development covering the city’s former airport, ...

Posted on 02/04/2024

Hong Kong Lifts Asia Stocks, Bonds Fall on US Data: Markets Wrap

(Bloomberg) — Hong Kong stocks outperformed in an otherwise muted Asian market, while bonds in the region fell as traders recalibrated their bets on the Federal Reserve’s easing. Shares in Hong Kong ...

Posted on 02/04/2024

AI startup fights the dangerous scourge of deepfakes on the web

Clarity.ai takes on the deepfake scourge with an AI solution for the websites of social media, news, government and financial organizations.

Posted on 02/04/2024

Hong Kong rally leads Asian markets, traders assess Fed rate plans

Hong Kong led most Asian markets higher Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted ...

Posted on 02/04/2024

Hong Kong set for hot 2 weeks, with maximum temperatures hitting 31 degrees Celsius in coming days

The Hong Kong Observatory said on Tuesday the mercury had risen to 27.8 degrees by 10.50am, with warm weather and cloudy conditions to continue throughout the day. Winds were moderate to fresh and ...

Posted on 02/04/2024

Hong Kong: Lower Valuation Prompts Privatization

A greater number of companies listed on the Stock Exchange of Hong Kong (SEHK) are going private. In the first quarter of 2024, dealmakers executed $4 billion worth of take-private transactions ...

Posted on 02/04/2024

Hong Kong stocks leap in catch-up trade after China’s manufacturing rebound; Xiaomi surges on strong EV orders

Hong Kong stocks jumped by the most in three weeks, with investor sentiment lifted by a manufacturing rebound in the world’s second biggest economy and as Chinese smartphone and gadget maker Xiaomi ...

Posted on 02/04/2024

Hong Kong Bourse Likely To Remain Rangebound

The Hong Kong stock market has moved higher in two of three trading days since the end of the two-day slide in which it had stumbled ...

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