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Month: June 2024

Posted on 28/06/2024

Property and transport loans drag down Public Bank HK’s profits

Exposure to Hong Kong and China’s property and transport-related loans will weigh on Public Bank (Hong Kong) (PBHK), with Moody’s Ratings warning of further asset quality deterioration. PBHK is ...

Posted on 28/06/2024

Hong Kong Isn’t Mainland China: Let’s Try to Keep It that Way

As Covid-19 restrictions cut Hong Kong off from the rest of the world, Beijing’s imposition of a severe national security law repressed the city’s political autonomy, undercut business confidence, and ...

Posted on 28/06/2024

5 cats die in suspicious fire that erupts at dog kennel in Hong Kong

Fire Services Department believes suspicious circumstances to fire near village house and sets up team to investigate.

Posted on 28/06/2024

Hong Kong schools criticised for singing Chinese anthem ‘too softly’

Hong Kong authorities have lambasted schoolchildren for their “soft” and “feeble” performance of the Chinese national anthem School inspectors issued the reprimands in reports uploaded online. Of the ...

Posted on 27/06/2024

Hong Kong retailers to offer HK$1.2 billion in goodies, perks for summer shopping festival

Hong Kong’s retail sector plans to offer HK$1.2 billion (US$154 ... and as the retail industry continues to face many challenges.” The finance chief also stressed that “simply repeating past operating ...

Posted on 27/06/2024

Southeast Asian start-ups lured to Hong Kong by mainland China link, funding opportunities

Several Southeast Asian start-ups are choosing Hong Kong to develop their business, pointing to the city’s connection to mainland China and wider funding sources as the main reasons, while dismissing ...

Posted on 27/06/2024

Hongkong Land To Invest $1 Billion In Retail Space Upgrade With Support From Tenants

One of the biggest landlords in Hong Kong’s Central business district, Hongkong Land owns more than 850,000 square meters of prime office and luxury retail properties in Hong Kong and the rest of Asia ...

Posted on 27/06/2024

Exclusive | Hong Kong police will deploy 4,000 officers on July 1 amid warning over seditious acts

Hong Kong police will ramp up security measures for the 27th anniversary of the city’s return to Chinese rule on Monday, deploying more than 4,000 officers and guarding against seditious or disruptive ...

Posted on 27/06/2024

Hong Kong blockchain gaming firm Animoca weighing 2025-26 IPO, founder says

Hong Kong-based blockchain video gaming firm Animoca Brands is weighing options for a public listing, possibly in Hong Kong or the Middle East, as early as late next year. "It's contingent on many ...

Posted on 27/06/2024

Mega deals in India, IPOs in Hong Kong to make Asia an equity deals hotspot

India's total ECM deals jumped 137 per cent in the first half of this year from the same period of last year, with $28.5 billion raised, according to LSEG data ...

Posted on 27/06/2024

Country Garden gets trading resumption guidance from Hong Kong exchange

Debt-laden property developer Country Garden said on Thursday it had received guidance from the Hong Kong stock exchange earlier in the week over resumption in trading of its shares, which have been ...

Posted on 27/06/2024

10 Start-ups Awarded in HK Tech 300 Southeast Asia Start-up Competition Fostering Innovation & Entrepreneurship Beyond Boundaries

HONG KONG, June 27, 2024 /PRNewswire/ -- City University of Hong Kong (CityUHK) held the Award Ceremony for its HK Tech 300 Southeast Asia Start-up Competition (HK Tech 300 SEA Competition) on 27 June ...

Posted on 27/06/2024

Last-ditch plan saves IVF start-up Fertilis from collapse

Creditors of Fertilis, an IVF technology start-up backed by Hong Kong billionaire Li Ka-shing, have approved a last-ditch plan to save the company from collapse. Adelaide-based Fertilis called in ...

Posted on 27/06/2024

HANG SENG BANK Buys Back 200K Shrs Tdy for ~$20.39M

HANG SENG BANK (00011.HK) repurchased 200,000 shares on the Stock Exchange today (26th) at a price per share ranging from $100.6 to $102.6, involving a total of $20.3989 million, according to HANG ...

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