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Month: November 2024

Posted on 19/11/2024

Asia-Pacific markets set to rise as China’s top financial officials gather in Hong Kong for summit

Li Yunze, the head of China's National Financial Regulatory Administration, will join Wu Qing, Chairman of the China Securities Regulatory Commission, and Zhu Hexin, Deputy Governor of the People's ...

Posted on 19/11/2024

Defendants, loved ones brace for ‘Hong Kong 47’ sentencing

After a long legal battle, dozens of Hong Kong pro-democracy activists will be sentenced later this week in a years-long subversion trial under a China-imposed national security law. Girlfriend of ...

Posted on 19/11/2024

HSBC reportedly asks middle managers to reapply for jobs as layoffs loom

The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the number of senior roles.

Posted on 19/11/2024

A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub ...

Posted on 19/11/2024

Hong Kong’s WH Group seeks shareholder approval for US unit spin-off, listing

Hong Kong-based WH Group , the world's largest pork producer, is seeking shareholder approval for the proposed spin-off of its U.S. unit Smithfield Foods and plans to list the business in the U.S.

Posted on 19/11/2024

Hong Kong investors say they are bullish about Trump presidency, survey shows

Hong Kong investors believe Donald Trump’s election will “enhance the global economic climate,” even if his protectionist policies and tariffs increase tensions between China and the US, according to ...

Posted on 19/11/2024

Impressive wins in Hong Kong, Japanese horse racing will impact big stakes

Hong Kong's finest, with Romantic Warrior in the vanguard, showed they're ready to take on foreign challengers in December's international races.

Posted on 18/11/2024

BOC Hong Kong (Holdings) [SEHK:2388] Eyes Growth with AI Investments and Southeast Asia Expansion

BOC Hong Kong (Holdings)(SEHK:2388) has showcased remarkable financial performance with an 18% earnings growth, significantly outpacing the industry average. The company is leveraging its strong ...

Posted on 18/11/2024

HSBC to sack hundreds of top bankers in scramble to cut costs

HSBC is to lay off hundreds of top bankers as bosses scramble to cut costs and slim down the sprawling organisation.

Posted on 18/11/2024

Funeral Parlor-Set ‘The Last Dance’ Breaks Hong Kong’s Single Day Box Office Record

“The Last Dance,” a funeral parlor-set drama film directed by Anselm Chan, has broken Hong Kong’s single day box office record. The story depicts a former wedding planner who changes career and enters the funeral business instead. He partners up with ...

Posted on 18/11/2024

Hong Kong summit kicks off as CEOs set to discuss China’s ideas on stimulus, Trump

Sailing Through Changes’ is the theme of this year’s investment summit, with China stimulus and Trumponomics likely to be hotly debated.

Posted on 18/11/2024

HSBC HOLDINGS May Dismiss Hundreds of Senior Bankers Like Managing Directors to Streamline Structure: Report

HSBC HOLDINGS May Dismiss Hundreds of Senior Bankers Like Managing Directors to Streamline Structure: Report ...

Posted on 18/11/2024

Hang Seng Bank Unveils Newly Renovated Hong Kong Main Branch with the Debut of the Market-New ‘Come to You’ Service Concept

Rannie Lee, Head of Wealth and Personal Banking of Hang Seng Bank, and Theodore Mak, Head of Retail Distribution introduce the market-new "Come to You" service concept at the newly renovated Hong Kong ...

Posted on 18/11/2024

Hana chairman meets with Hong Kong trade chief to discuss cooperation

Hana Financial Group Ham Young-joo met with Hong Kong Trade Development Council chief Peter Lam to discuss economic and financial development.

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