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Month: July 2024

Posted on 20/07/2024

Hong Kong homebuyers snap up discounted Uppland flats in Tuen Mun, reversing sales flops

Early Light priced its new project in the New Territories at an eight-year low, reflecting how Hong Kong’s developers are deploying low-price strategies to entice buyers amid a slump in transactions.

Posted on 20/07/2024

HSBC names veteran Elhedery as CEO, signals continuity in strategy

HSBC Holdings Plc has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, opting for continuity as it tries to kickstart growth. Elhedery, 50, who ...

Posted on 20/07/2024

Hong Kong’s neon signs find new homes inside shops as rules take buzz out of outdoor displays

Neon signs have been disappearing in past decades, but some artists are keeping traditional trade alive through indoor installations.

Posted on 20/07/2024

Hong Kong International Airport back to normal operations, Chinese state media says

Hong Kong International Airport has resumed normal operations, Chinese state media said on Saturday, after a mistake in a security software update sparked hours-long outages in global computer systems.

Posted on 20/07/2024

Hong Kong stocks slide as China’s third plenum underwhelms, geopolitical angst weighs

Hong Kong stocks tumbled on Friday after China's third plenum announcement ... reflecting Beijing's concerns about risks in its financial system. Story continues Investment banks and fund managers ...

Posted on 20/07/2024

From military displays to AI smart glasses: Hong Kong-raised entrepreneur sets sights on future

An entrepreneur once known for his work on mini displays for the US military is making a late-career push to take on Meta Platforms and Ray-Ban from Hong Kong with smart glasses that incorporate ...

Posted on 20/07/2024

Make Hong Kong a ‘de-stress economy’ and it could draw visitors and fresh talent

Vibes campaign fizzled, but recent fun events drew tourists. Making Hong Kong a 'de-stress economy' could attract even more We haven't heard much about the Night Vibes Hong Kong campaign; I wonder ...

Posted on 20/07/2024

{Hot Stocks}HANG SENG BANK quoted at HK$99.2, down 2.9%

[ET Net News Agency, 19 July 2024] HANG SENG BANK (00011) fell 2.9% to HK$99.2, dipping below the 20-D SMA of HK$100.812. It hits an intra-day low of HK$99.1, and an intra-day high of HK$102.2. The ...

Posted on 20/07/2024

HANG SENG BANK Buys back 200K Shrs for $20.47M

HANG SENG BANK (00011.HK) announced that it repurchased 200,000 shares of the company today (18th) at $101.3-103 per share, involving $20.4708 million. Since the ordinary resolution was passed, the ...

Posted on 20/07/2024

Wall Street Journal reporter says she was fired over press freedom advocacy in Hong Kong

When Selina Cheng was elected as the head of a Hong Kong press freedom association, she didn’t expect her very first press conference would be about getting fired from her own job.

Posted on 20/07/2024

AI giant iFlytek to invest HK$400 million in Hong Kong, opens international headquarters

Hong Kong is expected to serve as iFlytek’s launch pad to expand overseas, with a focus on the Middle East and Southeast Asia.

Posted on 20/07/2024

5 of the best things to do this weekend July 20/21 in Hong Kong, from yoga to shopping

See some of Chinese novelist Jin Yucheng’s art, do yoga with your kids, try a hot new Hong Kong bar, watch an unusual documentary about daredevil urban explorers – we have your weekend covered.

Posted on 19/07/2024

Hong Kong paves way for UAE listings, recognising Dubai, Abu Dhabi stock exchanges

Move to attract more Gulf companies to list comes as government advisory body studies Islamic finance to align the city’s financial infrastructure with the needs of the Middle East.

Posted on 19/07/2024

Hong Kong’s ZA Bank allowed to hold reserve assets for stablecoin issuers

Za Bank, the largest virtual bank in Hong Kong, is set to offer its services to stablecoin issuers. The move comes after authorities announced plans to introduce a stablecoin licensing scheme.

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