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Month: June 2024

Posted on 19/06/2024

HSBC Buys back ~5.4M Shrs for HKD366M in Total Ytd

HSBC HOLDINGS (00005.HK) 0.000 (0.000%) Short selling $341.90M; Ratio 40.861% announced that it repurchased a total of 5.3987 million shares of the company for a total of HKD366 million yesterday ...

Posted on 19/06/2024

Clear targets, finance methods needed to make Hong Kong hydrogen push a success: experts

Yip, who is also an investment professional in green assets, said the strategy report failed to identify Hong Kong’s “own major niche” as an international financial hub to benefit from the hydrogen ...

Posted on 19/06/2024

Singapore ranked the world’s most competitive economy, while Hong Kong rises to 5th

Hong Kong's ranking improved Hong Kong, on the other hand, saw an improvement in its ranking by two places, standing at the position fifth globally. The SAR’s rankings in "business efficiency" and ...

Posted on 19/06/2024

Hunter Biden revealed top CCP leader wanted him to visit China to ‘discuss business opportunities’: emails

"Do you know former Governor of Hong Kong- C.H. Troung (sp?)," Biden asked. "He wants me to come to HK to visit to discuss business opportunities. He sat next to Dad at lunch w/ Premiere and implied ...

Posted on 19/06/2024

Believe it or not, Hong Kong’s culture and nature are what will draw tourists

No amount of promotion abroad, free air tickets or mega events will work if Hong Kong does not go big on local arts, culture and ecotourism.

Posted on 19/06/2024

Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

The strategy is aimed at capturing a growing trend in the city's property market, where tenants are increasingly opting for smaller spaces as Hong Kong's economy battles sluggish demand amid elevated ...

Posted on 19/06/2024

New typhoon trading rule a boost for Hong Kong’s role as financial hub

Decision revealed by Chief Executive John Lee will allow shares to change hands even under the most extreme weather ...

Posted on 19/06/2024

Hong Kong’s Digital Banking Provider ZA Bank Introduces StockBack Offer

The move sets a precedent in the local banking industry “where users can get ‘stockback’ from every stock purchase for the first time in Hong Kong.” ZA Bank, Hong Kong’s largest digital bank by user ...

Posted on 19/06/2024

ZA Bank unveils HK’s first stock rebate programme ‘StockBack’

Calvin Ng, Alternate Chief Executive of ZA Bank, said: “As the only digital bank in Hong Kong that offers savings, insurance and investment in one single app, we provide a comprehensive suite of ...

Posted on 19/06/2024

Hong Kong club for Americans angers non-US members with shock HK$1.5 million ultimatum

The American Club wants to buy back debentures at fraction of market value with option to top up membership by up to HK$1.5 million or leave city institution.

Posted on 19/06/2024

Hong Kong comes fifth in world competitiveness ranking, Singapore takes top spot

City’s business efficiency and infrastructure placed seventh, ninth respectively, according to IMD World Competitiveness Ranking.

Posted on 19/06/2024

A Pair of Thieves Flew to Hong Kong On Multiple Occasions With the Sole Intention of Stealing Luggage Off the Baggage Carousels

A pair of suspected thieves have been nabbed by Hong Kong police over allegations they flew to Hong Kong International Airport with the sole intention of stealing luggage containing high-end goods from baggage carousels.

Posted on 19/06/2024

ZA Bank’s Devon Sin on why Web3 is key to HK’s growth

The move is part of ZA Bank’s widened scope of services, which has seen the virtual-only bank expand to offering business banking services especially for Web3 companies and start-ups, says Devon Sin, ...

Posted on 19/06/2024

Oriel College receives £1m donation from one of biggest benefactors

But he made the move to Hong Kong for his family. It was not easy ... After graduating, he returned to China and employed his skills at McKinsey, a management consulting firm. Across various roles, he ...

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