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Month: August 2024

Posted on 22/08/2024

PwC China faces 6-month business ban, large fine over Evergrande audit, sources say

Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers' auditing unit in mainland China for six months, as part of punishment for its work on troubled ...

Posted on 22/08/2024

AIA Group’s new business value rises 25% in first half

Hong Kong-based insurer AIA Group reported a 25 per cent increase in first-half value of new business (VONB) on Thursday, driven by robust demand for its insurance products in its key markets. The ...

Posted on 22/08/2024

HSBC boss exits on a high after his Hong Kong bet pays off, says ALEX BRUMMER

Noel Quinn's stewardship of Britain's biggest bank HSBC has been brief. Yet in four years at the top he radically changed the shape of the lender.

Posted on 22/08/2024

Hong Kong crypto exchanges face challenges to get full licenses

HONG Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licenses after earlier receiving initial approvals. Read more at ...

Posted on 22/08/2024

Hong Kong jury unanimously finds Swedish businessman guilty of raping former domestic worker

A Hong Kong jury has unanimously found a Swedish businessman guilty of raping his former domestic worker. Patrik Tobias Ekstrom, 35, was convicted on one count of rape and one count of non-consensual ...

Posted on 22/08/2024

Hong Kong IPOs signal rebound as HKEX remains ‘cautiously optimistic,’ says CEO

Fundraising activity is rebounding on HKEX, reinforced by additional follow-on fundraising and a strong IPO pipeline, according to CEO Bonnie Chan.

Posted on 22/08/2024

The Growth Conversation: Hong Kong Science and Technology Parks Corporation Hilda Chan

The newly promoted chief marketing officer, Hong Kong Science and Technology Parks Corporation (HKSTP), is on a mission to help rewrite Hong Kong’s innovation and technology narrative.

Posted on 22/08/2024

PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say

Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers' auditing unit in mainland China for six months, as part of punishment for its work on troubled ...

Posted on 22/08/2024

Hong Kong corruption watchdog arrests 7 linked to listed company over suspected HK$120 million fraud

Hong Kong’s corruption watchdog has arrested seven people linked to a listed company for suspected fraud following a cross-border operation involving Macau authorities. The Independent Commission ...

Posted on 22/08/2024

Hong Kong Airlines Eyes Used Boeing 787s in Long-Haul Reboot

Hong Kong Airlines Ltd. is looking to add second-hand Boeing Co. 787 Dreamliner jets in an effort to revive its long-haul ambitions after its previous ill-fated intercontinental push nearly sunk the company.

Posted on 22/08/2024

ASTRI Summer Interns explore Hong Kong’s I&T Ecosystem Contributing Ideas to Smart City Technology

The Hong Kong Applied Science and Technology Research Institute (ASTRI) concluded its "Summer Internship Programme" and "Fintech Future Leader Academy (Internship)" on 16 August. A total of 110 interns from prestigious universities worldwide selected from over 3,

Posted on 22/08/2024

HSBC HOLDINGS Buys back 4.5M+ Shrs for HKD299M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.5015 million shares of the company on the UK and Hong Kong markets yesterday (21st), involving a total of HKD299 million. Among ...

Posted on 22/08/2024

Debate breaks out as Hong Kong fencer reveals athletes’ expenses for overseas bouts

Foilist Ryan Choi says in online post some athletes face financial burdens as they pay their way to international competitions A Hong Kong fencer has sparked a debate on whether authorities should ...

Posted on 22/08/2024

5 music and arts events in Hong Kong this weekend, August 23-25. Think jazz, LGBTQ fashion

Watch a concert by YouTube sensations Crash Adams and Oliver Cronin, take in a musical with a diverse cast or enjoy a fashion show that gives Hong Kong’s queer community the spotlight.

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