HSBC HOLDINGS (00005.HK) repurchased a total of 7.4453 million shares in the UK and Hong Kong markets yesterday (3rd), involving a total amount of $509 million, according to HSBC HOLDINGS' ...
Hong Kong has the right mix to attract innovative global start-ups, HKIC’s Clara Chan says
“The international status of Hong Kong is very important for innovative industries and enterprises because [all] they need to [do is] look at the [overall business] climate and supply chain,” said ...
Operation “Flatshore” Uncovers HK$370 Million Scam; 301 Money Mules Arrested
In a sweeping 17-day operation, dubbed “Flatshore,” Hong Kong police have arrested 301 money mules in connection with extensive internet and phone scams that defrauded local residents of a staggering ...
Asia-Pacific markets open higher as Nasdaq, S&P 500 continue record run; Hong Kong and Australia data in focus
Japan's Nikkei 225 futures pointed to a higher open for the market, with the futures contract in Chicago at 40,760 and its counterpart in Osaka at 40,700 compared to the previous close of 40,580.76.
Hong Kong’s IPO market is finally starting to turn around, consulting firm EY says
The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, said George Chan, global IPO leader at EY.
BOC Aviation places eight Boeing 737-8s
Air Canada and BOC Aviation announced an agreement for the placement of eight Boeing 737-8 aircraft from BOC Aviation’s orderbook ...
Asia-Pacific markets set for higher open as Nasdaq, S&P 500 continue record run; Hong Kong and Australia data in focus
Investors are looking ahead to PMI data from Hong Kong and Australia's trade data for May set for release later today.
Hong Kong airport bounces back to HK$1.61 billion net profit after 3 years of losses during pandemic
Hong Kong airport has staged a strong post-pandemic recovery, bouncing back to a net profit of HK$1.61 billion in 2023-24 after three straight years of losses, with its management reviewing its debt ...
Hong Kong To Review Virtual Asset Activities
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have announced a review of existing regulations for Virtual Asset activities. This move signifies Hong Kong's ...
Hong Kong police take HK$4.5 million in fake HK$1,000 banknotes out of circulation
Two men, 37 and 43, arrested after officers find millions in fake notes hidden in luggage at Tsim Sha Tsui hotel Hong Kong police have arrested two men at a hotel after they seized more than HK$4.5 ...
Researchers in Hong Kong eye far side of moon soil samples from China’s Chang’e-6 mission
Polytechnic University also says it recently secured loan of lunar soil samples collected by Chang’e-5 mission in 2020.
Hong Kong publishes legislative proposals to ease path for firms to redomicile in city
The introduction of the regime is of great significance in Hong Kong’s corporate governance policy, and will turn the city “into a cornucopia of enterprises that draws in foreign companies”, Secretary ...
Hang Seng Survey: Breadwinner of a Hong Kong Family Manages Finances for an Average of 3 Family Members
Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank, said, "Hong Kong residents have broader needs for banking services and wealth management. They need to plan not only their finances ...
Hong Kong to Review Crypto Rules as Industry Evolves, Says Finance Secretary
According to the finance secretary, Hong Kong will review its crypto regulations as needed to adapt to industry changes.