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Month: October 2024

Posted on 19/10/2024

Hong Kong’s Long-Serving Markets Regulator Choy Said to Leave

Hong Kong is losing one of its longest-serving markets regulators as Keith Choy prepares to step down, according to people familiar with the matter.

Posted on 19/10/2024

Hong Kong police investigating after motorcyclist crashes into stopped vehicle and dies

Service vehicle was stopped less than 100 metres (330 feet) behind taxi on Lantau Link when accident occurred.

Posted on 19/10/2024

Hong Kong aims to attract 10,000 young, skilled technicians using ‘new channels’

Hong Kong is facing a shortage of 60,000 skilled technicians but government wants to strike a balance and give locals a chance, labour chief says.

Posted on 19/10/2024

China Market Update: President Xi, People’s Bank Of China, And China Securities Regulatory Commission Trigger Rally, Week In Review

Asian equities were higher overnight as Hong Kong and Mainland China outperformed while South Korea underperformed.

Posted on 19/10/2024

Hong Kong to quicken IPO vetting process to boost city’s allure as fundraising venue

New time frame for processing IPO applications will add clarity and transparency, and potentially save costs for candidates, experts say.

Posted on 18/10/2024

9 monkeys who died in Hong Kong’s zoo in 2 days had been infected with melioidosis, officials say

Nine monkeys who died in Hong Kong’s oldest zoo in two days this week had been infected with an endemic disease, possibly after some digging work near their cages, officials said on Friday ...

Posted on 18/10/2024

Hong Kong Pledges to Shrink IPO Vetting to About 100 Days

Hong Kong pledged to vet and debut companies in about 100 days in a bid to guarantee a set time frame for initial public offering applicants.

Posted on 18/10/2024

Hong Kong’s July-September unemployment rate holds steady at 3%

Hong Kong's seasonally adjusted unemployment rate stood at 3% in July-September, unchanged from the previous three-month period, the government said on Friday.

Posted on 18/10/2024

Hong Kong’s easing of mortgage restrictions aims to return market to ‘normality’: Paul Chan

Finance chief also says relaxation of cash-for-residency scheme will not ‘disturb’ market after change to include luxury home purchases.

Posted on 18/10/2024

Hong Kong stocks halt 4-day decline as lacklustre GDP data fuels hope of more stimulus

Investors anticipate increased government spending and bond issuances to achieve the 5 per cent growth target.

Posted on 18/10/2024

Hong Kong banks pledge US$47 billion in SME loans after John Lee hears cries for help

SMEs will be able to access necessary financing to cope with the city’s evolving business environment, deputy HKMA CEO Arthur Yuen says.

Posted on 18/10/2024

Former Deputy Group CEO of Bank of China (Hong Kong) Limited Dr. David Wong Joins IDA as Board Chairman

HONG KONG, Oct. 18, 2024 /PRNewswire/ -- IDA, a Hong Kong -based fiat-referenced stablecoin issuer, officially announced the appointment of Dr. David Wong as its Board Chairman today. Dr. Wong will ...

Posted on 18/10/2024

Hong Kong marks busiest IPO week in nearly two years with China stimulus giving hope to dealmakers

Hong Kong has recorded its busiest week for new IPO launches in almost two years with deals opened to raise up to $1.3 billion, giving bankers and investors confidence the two-year share sale freeze ...

Posted on 18/10/2024

Hong Kong’s East Kowloon Cultural Centre opens first venue with ‘art tech’ show

The Theatre at the EKCC kicks things off with Remediation Ensemble, a mixed-media musical performance in which appliances become instruments.

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