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Month: November 2024

Posted on 25/11/2024

Chinese GoPro Competitor Insta360 Is Said to Consider Hong Kong IPO

Insta360, a Chinese rival to GoPro Inc. with backers including IDG Capital, is considering an initial public offering in Hong Kong as plans for a listing in mainland China stall, according to people ...

Posted on 25/11/2024

Hong Kong Is Becoming Hub for Financial Crime, U.S. Lawmakers Say

The U.S. should rethink its close ties with Hong Kong’s banking sector, leaders of an influential House committee say.

Posted on 25/11/2024

Singapore, Hong Kong among best Asian markets for investment and business: HSBC report

Singapore is the top destination for wealthy entrepreneurs to relocate, while Hong Kong fails to make the top 10.

Posted on 25/11/2024

Hong Kong’s largest digital bank launches retail crypto trading

Hong Kong’s largest virtual bank, ZA Bank, launched a new service allowing retail users to buy and sell Bitcoin and Ethereum directly using fiat. According to a Nov. 25 statement from the bank, Hong ...

Posted on 25/11/2024

Hong Kong’s ZA Bank pioneers crypto trading for retail users in Asia

ZA Bank, the largest digital bank in Hong Kong, announced that it would be the first Asian bank to offer crypto buying and selling services to retail users. The bank’s statement said that users would ...

Posted on 25/11/2024

SF Holding raises US$749mn for Hong Kong listing

Courier group SF Holding has said it raised US$749.3 million for its Hong Kong IPO after pricing its shares at HK$34.3 apiece. The group made the ...

Posted on 25/11/2024

Who is Li Ka-shing, Hong Kong billionaire called Warren Buffett of Asia?

Li Ka-shing, often called the “Warren Buffett of Asia,” is a billionaire with a net worth of nearly $30 billion, making him the second wealthiest person in Hong Kong.

Posted on 25/11/2024

Hong Kong’s Jimmy Lai back in witness box for fourth day in trial

Defence team expected to further question Lai on articles and tweets he published on his social media account in 2020.

Posted on 25/11/2024

Style Edit: Chanel’s cruise 2024-25 show in Hong Kong included cultural events featuring actors Penélope Cruz, Whitney Peak, Chow Yun-fat and Fala Chen

Stars from chef ArChan Chan to Olympic swimmer Siobhan Haughey joined Chanel panels moderated by the likes of Tyler BrUle, founder of Monocle magazine, to discuss film, arts and cultural impact Chanel ...

Posted on 25/11/2024

HSBC links SMEs’ sustainability performance to interest rates with new Sustainability Improvement Loan

Firms that improve their scores throughout the tenure of their loan with HSBC may benefit from reduced interest rates. However, should borrowers’ scores decline, the rates on their loans may increase.

Posted on 25/11/2024

Hong Kong rental yields hit 12.5-year high on talent-scheme influx, lower rates

Analysts expect momentum to improve further in 2025 as more professionals enter the city and people keep putting off home purchases.

Posted on 25/11/2024

Airport City will become destination drawing tourists and investors to Hong Kong, acting CEO of Airport Authority says

Airport City will become destination drawing tourists and investors to Hong Kong, acting CEO of Airport Authority says.

Posted on 25/11/2024

Experts say Hong Kong happiness is in decline due to focus only on studies and career

City’s happiness index has fallen to a decade-low score according to a study by HK.WeCare, a concern group under Wofoo Social Enterprises.

Posted on 25/11/2024

Why are Hong Kong happiness levels down? Start by looking at education, expert says

HK.WeCare programme director Phoebe Wan says children need relatable life education from a young age, not just a focus on careers.

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