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Month: June 2024

Posted on 03/06/2024

Hong Kong Stocks Surge Amid European Rate Cut Prospects

Hong Kong stocks climbed significantly on Monday, with the Hang Seng index marking its best day in over three weeks, driven by expectations of a rate cut in Europe. Mainland China shares dipped ...

Posted on 03/06/2024

Hong Kong police issue warning as more fake banknotes enter circulation

Police seized 3,396 fake notes of various denominations between January and April. Read more at straitstimes.com.

Posted on 03/06/2024

E-commerce propels Hong Kong Air Cargo

E-commerce is thriving and serving as a growth accelerator for Hong Kong Air Cargo. Airlines are seeing their e-commerce business boom as shippers invest ...

Posted on 03/06/2024

Chinese Courier Giant SF Holding Gets Greenlight for Secondary Listing in Hong Kong

SF Holding has received approval from China’s securities regulator to proceed with a secondary listing on the Hong Kong stock exchange. Should it be successful, SF Holding will become the first Chinese express delivery firm to float on both onshore and offshore bourses.

Posted on 03/06/2024

Hong Kong’s Paul Chan dismisses call to count residential properties as assets under capital-attracting entrant scheme

Hong Kong’s finance chief has dismissed a proposal to count residential properties as investments under a revised entrant scheme despite house prices stabilising, citing the sensitivity of such assets ...

Posted on 03/06/2024

Analysis-Red tape clogs China’s offshore IPO pipeline even as markets recover

More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply ...

Posted on 03/06/2024

HSBC Buys back 5.55M+ Shrs for HKD383M in Total Last Fri

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 5.5526 million shares of the company for a total amount of HKD383 million last Friday (31 May) in the UK and Hong ... HSBC HOLDINGS ...

Posted on 03/06/2024

After Crackdown on Hong Kong, Overseas Communities Carry the Torch to Keep Tiananmen Memories Alive

After Crackdown on Hong Kong, Overseas Communities Carry the Torch to Keep Tiananmen Memories Alive HONG KONG (AP) — As the 35th anniversary of Beijing’s Tiananmen Square crackdown neared, Rowena He, ...

Posted on 03/06/2024

Hong Kong’s June 4 memory battle behind Chow Hang-tung and her supporters’ arrests

Hong Kong Human rights lawyer Chow Hang-tung, 39, along with five of her supporters, were arrested and imprisoned on May 28, 2024, for publishing seditious posts on social media that allegedly incited ...

Posted on 03/06/2024

Bybit Affiliate Spark Fintech Withdraws VASP License Application in Hong Kong

Spark Fintech Limited, an affiliate of Bybit, one of the world's top three cryptocurrency exchanges by volume, has announced its decision to withdraw its ...

Posted on 03/06/2024

Hong Kong residential transaction volume more than doubled in April

Transactions reached over 8,500 cases during the month. Hong Kong’s residential property market saw a notable rebound in April amid active new project launches by developers at deep discounts, said ...

Posted on 03/06/2024

Red tape clogs China’s offshore IPO pipeline even as markets recover

At least $20 billion worth of Chinese firms' Hong Kong IPO proposals have been awaiting approval for months, according to Reuters calculations. Bankers close to those deals say most of the sizable ...

Posted on 03/06/2024

Waterbomb Hong Kong music festival slammed by concertgoers after delayed start and queues chaos

Chaos at Waterbomb Hong Kong music festival after long queues caused by delayed start and hours-long wait to retrieve bags from cloakroom after event ends.

Posted on 03/06/2024

Costly Hong Kong dental care pushes more patients to visit neighbouring Shenzhen to fill service gaps

Chapman Chan Wing-kei, chief strategy and investment officer of the C-MER Eye Care Holdings, which owns the hospital, said Hongkongers last year accounted for about 10,000 visits on average per month ...

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