The world’s wealthiest are flocking to Hong Kong, and the city itself is shaping up to be one of the top financial centers in the world.
Hong Kong’s CK Infrastructure gets approval for secondary listing in London
Hong Kong's CK Infrastructure Holdings said on Wednesday it has received approval from the UK's financial regulatory body for a secondary listing on the London Stock Exchange.
HK 2023 Fraud Case Losses Surpass $9.1B; HSBC: Anti-fraud Spending Records Double-digit YoY Increase This Yr
In order to enhance customer protection, HSBC will continue to spend more on anti-fraud work this year, with a double-digit increase in the amount invested compared to 2023, the Head of Anti-fraud of ...
Russian billionaire Fridman seeks to settle $16 billion Luxembourg dispute in Hong Kong
Russian billionaire Mikhail Fridman has submitted a request that a more than $16 billion arbitration dispute with Luxembourg be administered at the Hong Kong International Arbitration Centre (HKIAC),
Hong Kong’s richest man hoovers up British wind farms in £350m deal
Hong Kong’s Li Ka-shing has bought a portfolio of 32 onshore wind farms for £350m in a deal that will tighten the billionaire’s grip on Britain’s energy market. The deal was announced by the ...
Some Hong Kong Food Expo vendors predict sales to rise despite cross-border shopping push
Food Expo to launch on Thursday, with some vendors expecting sales to double and others only hoping to match last year’s performance.
Hong Kong government hits out at ex-governor Chris Patten for criticising Lai ruling
Hong Kong authorities have condemned the city’s last colonial governor, Chris Patten, for his “wanton personal vilification” of a British judge who dismissed an appeal by jailed media tycoon Jimmy Lai Chee-ying and six former opposition lawmakers ...
Hong Kong developer Wang On prices Finnie in Quarry Bay at 3-year low, 32% discount
Hong Kong’s property market has been weighed down by high interest rates, which remain at a 23-year high. The government’s efforts to revive home sales through the removal of decade-old curbs in ...
HSBC HK, Industrial Bank Sign MOU on ‘Cross-boundary Wealth Management Connect’
HSBC Hong Kong announced that it signed a memorandum of understanding (MOU) with Industrial Bank in Shenzhen today (August 14) on "Cross-boundary Wealth Management Connect", which aims to explore ...
Hong Kong’s finance chief asks banks to help out businesses and homeowners
The financial secretary has urged Hong Kong banks to ease the liquidity pressure faced by small and medium-sized businesses and help homeowners with their mortgage obligations, vowing authorities ...
HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry
The sandbox serves as a framework, with computing resources and supervisory guidance, to help banks test and build their GenAI applications.
AI boom drives demand for tech talent
VCG. The war for artificial intelligence (AI) talent is getting fiercer as the demand for people who can fill crucial roles skyrockets. The AI boom in China is creating ...
Breaking | Hong Kong’s finance chief asks banks to help out businesses and homeowners
The financial secretary has urged Hong Kong banks to ease the liquidity pressure faced by small and medium-sized businesses and help homeowners with their mortgage obligations, vowing authorities ...
Hong Kong stocks retreat from 2-week high as weak China data outweighs rate optimism
Sentiment sours following China’s bigger-than-anticipated decline in bank lending last month, as traders expect tepid data on retail sales and industrial production on Thursday.