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Month: June 2024

Posted on 14/06/2024

Hong Kong CFI Jury Convicts Three Individuals in Its First Market Manipulation Case

The Hong Kong Court of First Instance (CFI) has convicted three individuals of conspiracy to carry out false trading in the shares of a listed company, Ching Lee Holdings Limited (CLHL). This is the ...

Posted on 14/06/2024

Beijing’s top man on Hong Kong affairs praises city’s rule of law and ‘fearless’ judges

Beijing’s top official overseeing Hong Kong affairs has stressed the city’s rule of law was built and upheld by the collective efforts of the entire judiciary and legal community, including “fearless” and “impartial” judges. Xia Baolong also ...

Posted on 13/06/2024

Tencent-Backed AI Drug Discovery Startup Xtalpi Rises In Hong Kong Debut

Left to right: Xtalpi cofounders Ma Jian, Wen Shuhao and Lai Lipeng attend the company’s IPO ceremony in Hong Kong on June 13, 2024. Shares of Xtalpi, a Shenzhen-based AI drug discovery startup, rose in its highly anticipated Hong Kong stock market debut ...

Posted on 13/06/2024

Princess Diana`s iconic wardrobe on display in Hong Kong

In a nostalgic display of fashion history, six outfits worn by Princess Diana are currently exhibited in Hong Kong, offering a glimpse into the style and elegance that defined her public appearances.

Posted on 13/06/2024

Climate change: Budget, stakeholder engagement are ‘main challenges for Hong Kong firms’

The availability of financial support and engagement with stakeholders are the top decarbonisation challenges faced by Hong Kong firms even as they report substantial reductions in harmful emissions, ...

Posted on 13/06/2024

Developing | Hong Kong keeps rate steady for 7th time as traders shift hope of cuts to later this year

The prime rate at BOCHK, HSBC and its subsidiary Hang Seng Bank is set at 5.875 per cent. The rate at Standard Chartered, Bank of East Asia, Citigroup, CCB Asia and other lenders stands at 6.125 per ...

Posted on 13/06/2024

Hong Kong keeps rate steady for seventh time as traders shift hope of cuts to later this year

Hong Kong's de facto central bank kept its base rate unchanged for the seventh time - with local lenders following suit - as traders in the financial markets shift their attention to later this year ...

Posted on 13/06/2024

How to grow your brand in Hong Kong and beyond

SCMP Advertising+ partners with WARC, the leading global authority on marketing effectiveness, to launch new insights on brand marketing with a series of events ...

Posted on 13/06/2024

What It Takes to Win Hong Kong’s Dragon Boat Race, According to a Champion

This week, credit reporter Lorretta Chen recounts how her team beat Morgan Stanley to win this year’s Dragon Boat championship, while editor Soo Jin Kim checks out the newly renovated Fish Bar in the ...

Posted on 13/06/2024

Hong Kong’s leader says bold tourism ideas welcome but must be practical

John Lee tells lawmakers that imaginative ways to lure tourists to city are needed, but logistics must be feasible.

Posted on 13/06/2024

Hong Kong choosing gas over wind power turns net zero hopes to hot air

If Hong Kong wants to meet its net zero goal by 2050, it needs a renewable energy plan that doesn’t rely on natural gas for decarbonisation.

Posted on 13/06/2024

QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher

QuantumPharm’s shares soared on their trading debut in Hong Kong, as traders piled into the stock even before the AI-powered pharmaceuticals researcher posted any profit. Trading under the stock code ...

Posted on 13/06/2024

Hong Kong lenders HSBC, DBS stand pat on rates as wait for borrowing-cost relief extends

HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief from high ...

Posted on 13/06/2024

Hong Kong Pop Star-Backed Esports Firm NIP Group Files for US IPO

NIP Group Inc., an esports company that counts Hong Kong singer Jackson Wang among its backers, has filed for an initial public offering in the US.Most Read from BloombergHunter Biden Was Convicted.

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