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Month: May 2024

Posted on 27/05/2024

Spying Arrests Send Chill Through Britain’s Thriving Hong Kong Community

Hundreds of thousands of Hong Kongers have resettled in the U.K. since 2021, among them prominent pro-democracy activists. China has not forgotten them.

Posted on 27/05/2024

Hong Kong-based Cidi looks to Middle East as growth market for autonomous commercial vehicles amid construction boom

said the company’s expansion plan in the Middle East is driven by the region’s strong economic growth momentum and “mutually beneficial positioning with mainland China and Hong Kong”. “It’s a very ...

Posted on 27/05/2024

Chinese property developer Kaisa’s liquidation hearing adjourned

A Hong Kong court on Monday adjourned a hearing on a petition seeking the liquidation of Kaisa Group until June 24, giving the embattled Chinese developer some respite as it works on its debt ...

Posted on 27/05/2024

HSBC eyes synergies in wealth management, family office business amid robust profit growth in Asia

The UK lender aims to boost synergies through talent exchanges and client referrals in both cities in the coming years Pre-tax profit from HSBC's wealth management unit in Asia surged 51 per cent last ...

Posted on 27/05/2024

Hong Kong woos Chinese mainlanders eager for more cash and freedom

For Chinese people, the attractions are clear. Amid an economic slowdown and tightening political control in the mainland, Hong Kong offers higher salaries, lower taxes and greater relative freedom.

Posted on 27/05/2024

Hong Kong court adjourns liquidation hearing of China developer Kaisa

HONG KONG, May 27 (Reuters) - A Hong Kong court on Monday adjourned a hearing into a petition seeking the liquidation of Kaisa Group (1638.HK) , opens new tab until June 24, giving a breather to the ...

Posted on 27/05/2024

In pricey Hong Kong, residents flock to China for cheaper dining, shopping

Shenzhen is attracting Hong Kongers in droves with its superior entertainment options at a fraction of the cost.

Posted on 27/05/2024

Hong Kong taxis and Uber need not have a fight to the finish

Hong Kong cab drivers have evidently taken matters into their own hands, performing sting operations by posing as passengers hailing Uber rides and then calling the police on the Uber drivers. These ...

Posted on 27/05/2024

Hong Kong innovators look to world’s biggest biotech event in US to inject new life into projects

Sixteen companies and institutes from Hong Kong Science Park will attend Bio International Convention, dubbed world’s largest bio event, from June 3 to 6.

Posted on 27/05/2024

Hong Kong central bank extends deputy chief exec’s appointment for 2 years

Yuen will continue to be in charge of the full range of banking policy, supervision, conduct, and enforcement issues at the HKMA, the central bank said in a statement posted on its website. The ...

Posted on 27/05/2024

What HKMA’s second experiment with retail e-HKD means for Hong Kong residents

E-HKD will promote innovation in the financial services industry as the city moves closer to finding more use cases for the digital coin before it is rolled out to the public, experts say.

Posted on 27/05/2024

Asian Investment Conference: first UBS-hosted edition kicks off in Hong Kong with ‘global investor mindset’ on agenda

Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers and 3,000 attendees as UBS continues the flagship Hong Kong conference started 27 years ...

Posted on 27/05/2024

Two banks in Hong Kong warn against phishing emails

Tai Sang Bank cautioned against emails claiming to be from its chairman. Two banks in Hong Kong have separately warned of phishing emails between 21 and 22 May. Bank of China (Hong Kong) and Tai Sang ...

Posted on 27/05/2024

Hong Kong authorities ‘set to shelve’ controversial waste-charging scheme after trial run results

Government expected to address Legislative Council on Monday on findings from trial run, which started on April 1.

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