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Month: May 2024

Posted on 21/05/2024

HANG SENG BANK Buys back 300K Shrs for $33.98M

HANG SENG BANK (00011.HK) disclosed in its statement that it repurchased 300,000 shares of the company on the Stock Exchange of Hong Kong at $111.5-114.4 per share on 20 May, involving about $33.98 ...

Posted on 21/05/2024

Hong Kong will keep watching internet platforms for non-compliance with ban on protest song

Hong Kong’s leader says his government will keep monitoring for any non-compliance with a court order that bans a popular protest song ...

Posted on 21/05/2024

University of Hong Kong probes whether students used fake document sto enrol at business school

Business school at Hong Kong’s oldest university says ‘small number’ of cases identified, alongside several agencies suspected of offering fake documents.

Posted on 21/05/2024

Hong Kong an ideal fundraising hub for AI start-ups helped by its connector role, large pool of wealthy investors: European venture firm

Former French Consul General in Hong Kong Arnaud Barthelemy is now partner of AI focused investment firm AIC, which is raising funds in the city Hong Kong has a very deep pool of capital and plays a ...

Posted on 21/05/2024

Uber vs Hong Kong taxis: why is the government allowing the quarrel to fester and let customers lose?

Long-running dispute has intensified recently after taxi drivers staged undercover operation to report Uber drivers Government reluctant to enter fray as vested interests want to protect financial ...

Posted on 21/05/2024

China’s dual-listed companies’ shares show Hong Kong discount over yuan counterparts at 15-month lows

Hong Kong-traded shares of Chinese dual-listed companies are at their smallest discounts to their counterparts on the mainland in 15 months as global investors pile in after Beijing launches measures ...

Posted on 21/05/2024

The race up a Hong Kong tower covered in 40 feet of steamed buns

Bun Festival turns the fishing island of Cheung Chau into a staging ground for a traditional parade and a climb up a tower lined with steamed buns.

Posted on 21/05/2024

China’s property support measures disappoint, developers’ shares falter

By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese developers wobbled on Monday as investors fretted that China's "historic" steps to stabilise its crisis-hit property sector fell short of ...

Posted on 21/05/2024

Hong Kong stocks rise to 10-month highs after China’s property rescue measures

Hong Kong stocks climbed to a 10-month high as Beijing's latest efforts to salvage the beleaguered property sector boosted sentiment, with some analysts advising caution as cleaning up the sector ...

Posted on 21/05/2024

Hong Kong Stocks Start Week With Another Gain

Hong Kong shares built on a long-running rally on Monday after China last week unveiled plans to help its property sector, and as traders were upbeat about a possible US interest rate cut in the ...

Posted on 21/05/2024

Hong Kong, Shanghai Stand Out In Asia After China Property Move

Hong Kong and Shanghai stocks rallied Friday after China unveiled its most wide-ranging measures to support the country's battered property sector, sending real estate firms soaring.

Posted on 21/05/2024

HSBC SVNS: Hong Kong’s bid to join world rugby sevens elite thwarted in last play of game, but China’s women have chance

City's men's team suffer consecutive last-ditch blows in the qualifying pathway to rugby sevens' top tier, extinguishing world series hopes for another year Uruguay men claim Challenger series title ...

Posted on 21/05/2024

No delay to Hong Kong’s plan to allow stock market to stay open in typhoons, treasury secretary says

The financial services secretary, Christopher Hui Ching-yu, has denied media reports that a major stock market reform that would see trading continue as normal during typhoons and torrential rains has ...

Posted on 21/05/2024

Hong Kong launches labelling scheme to recognise construction sites using smart safety system

Scheme will ‘put pressure’ on sector to improve poor safety record, Secretary of Development says, with 60 per cent of sites expected to apply by year’s end.

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