HSBC's new chief executive Georges Elhedery, who took the helm at the Europe's largest lender on Monday, said he was committed to build on the bank's current strategy, according to an internal staff ...
Hong Kong developer suffers historic loss in wake of Xi Jinping crackdown
One of Hong Kong’s biggest developers is bracing for its first loss in two decades, as President Xi Jinping’s crackdown on China’s property market and an exodus of Western businesses batter the sector ...
Hong Kong’s Chan Aims to Draw More Australian Firms With Visit
(Bloomberg) -- Hong Kong Financial Secretary Paul Chan aims to attract more Australian companies to the city during his visit to Sydney and Melbourne this week. Most Read from Bloomberg A Guide to ...
Hong Kong’s fashion tech start-up raises funds, eyes mainland, South Korea growth markets
Fashion tech start-up to get a strategic investment partner to help fund its expansion plan. Money will be used to add more features and enhancements to its AiDA software, CEO Kim Wong says.
Hong Kong’s New World Development warns of huge annual loss amid property slump
Hong Kong property developer New World Development (OTCPK:NDVLY), controlled by billionaire Henry Cheng's family, has warned of a huge annual loss amid a prolonged downturn in the region's real estate ...
HSBC’s Elhedery mingles with Hong Kong staff, customers to get first-hand experience
The global CEO visited two premier branches, where the staff walked him through the customer service and showed him the various digital solutions.
Undiscovered Gems in Hong Kong Featuring Dah Sing Banking Group and 2 Promising Small Caps
As the Hong Kong market navigates a complex landscape influenced by global economic indicators and local investor sentiment, small-cap stocks have shown resilience and potential for growth. Amidst ...
Snack food producer Four Seas snaps up Hong Kong office space as bargains lure buyers
Hong Kong’s depressed property prices are tempting buyers. Four Seas returns to the market after selling its office and warehouse in 2017, suggesting the slump may be ending.
Shares in Hong Kong’s New World Development plunge after loss estimate
Shares in major Hong Kong property developer New World Development plunged 13% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the financial year that ended in June.
Hong Kong urged to better protect outdoor cleaners from heatstroke: NGO
Poll by Oxfam Hong Kong finds more than 86 per cent of workers suffered heat illness as they weren’t familiar with warning system.
CSC Holdings to buy stake in CS Bank of the Philippines for US$13 million
Hong Kong-listed CSC Holdings, chaired by former Hang Seng Bank CEO Raymond Or Ching-fai, will buy a stake in CS Bank of the Philippines for US$13 million.
Hong Kong retail rental relief needed as sector remains sluggish, expert warns
Industry leader Annie Tse calls for a 30 per cent reduction in rents, saying downward trend will continue to year end or even early 2025 Hong Kong's retail sector is expected to remain bleak through ...
Top Hong Kong insurer HSBC Life targets Asia’s rich, Greater Bay Area retirees for growth
Key growth areas are the wealth hubs of Hong Kong and Singapore, alongside the emerging wealth markets of mainland China and India, CEO Moncreiffe says HSBC Life, Hong Kong's largest insurer by sales, ...
HSBC HOLDINGS (00005.HK) Buys Back 7.03M Shrs for $482M in Total Last Fri
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 7.0349 million shares on the UK and Hong Kong markets last Friday (30 August), involving a total of $482 million. Among them, HSBC ...