as well as Sai Ying Pun and To Kwa Wan, during this financial year and the next. Underwriters of the bond issuance include Bank of China (Hong Kong), Crédit Agricole, HSBC, Standard Chartered and UBS.
Hong Kong broadcaster TVB slashes net losses by 65% year on year to HK$143 million
Hong Kong’s biggest free-to-air broadcaster slashed its net losses by 65 per cent year on year to HK$143 million (US$18.3 million) in the first half of 2024 due to robust growth in business driven by ...
Hong Kong bourse logs first profit rise in three quarters, IPOs pick up
Hong Kong's bourse has booked its first profit increase in three quarters, marking record revenue and income for an April-June period as new listings and trading activity picked up.Net income for Hong ...
Financial industry in Hong Kong – statistics & facts
The financial industry is an integral part of Hong Kong. Not only is the city one of the world’s leading financial centers, the financial sector is also the territory’s second largest industry.
Hong Kong bourse logs first profit in three quarters, IPOs pick up
Hong Kong's bourse has booked its first profit growth in three quarters, marking record revenue and income for an April-June period as IPO and trading activity improved.Net income for Hong Kong ...
Hong Kong’s homebuyers would rather forfeit their deposits than pay above-market prices
The 308 cases in the first half have already exceeded last year’s total of 261, according to Centaline. But buyers could be chased down by developers to pay the difference in resale prices, agent ...
Evolve or perish: death knell for Hong Kong’s deposit-taking companies as reform deepens
Hong Kong’s deposit-taking companies, once a thriving corner in Hong Kong’s banking system, are facing an ultimatum: evolve by recapitalising within five years, or perish.
Banking Sector Suggests Govt to Actively Enhance Offshore RMB Centre Status of HK
According to local media, some representatives of the banking sector suggested that the Government should actively enhance Hong Kong's offshore RMB centre status, including considering allowing ...
Hong Kong’s bourse reports 3% drop in first-half profits, Q2 activities pick up
Hong Kong's bourse operator said it's cautiously optimistic for the year despite a 3% drop in first-half profits on sluggish trading and subdued listing activities, as market revenue warmed up in the ...
Exclusive: Beijing tells Hong Kong-based consular officials to seek approval before visiting Macau and Guangdong
Beijing has told Hong Kong-based foreign consular officials to seek approval from the Chinese authorities 10 days in advance before they pay any business visits to the Greater Bay Area (GBA) – ...
Hong Kong’s esports sector seeks more funding after teen wins Pokémon World Championships
Eric Yeung Chuen-sing, founding president of the Esports Association of Hong Kong, said Cheng’s victory on Sunday, as well as achievements such as a Hong Kong team winning a silver medal at the Asian ...
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale
Walmart said the decision will allow it to “focus on our strong China operations for Walmart China and Sam’s Club, and deploy capital towards other priorities.” ...
Hong Kong coach hails team’s ‘outstanding’ build-up to T20 World Cup qualification bid
Simon Willis' side will take on Kuwait and Malaysia in a Tri-Nations Cup before the serious business of reaching global tournament begins Hong Kong return to international cricket on Wednesday, with ...
Visiting This Landmark Hong Kong Hotel Was the Restorative Trip I Didn’t Know I Needed
Upper House first beckons you in through its timeless Pietra di Bedonia stone façade, up a long escalator, and into another realm of tranquility, thanks to its artistically endowed spaces, all ...