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Month: December 2024

Posted on 18/12/2024

Gotta catch ’em all: Hong Kong targets ‘unfair’ claw machines

In Hong Kong, claw machine operators do not need a license to set up shop. In the case of the man who bided for the waffle maker, he had used a claw machine that promised "instant prizes" - the waffle ...

Posted on 18/12/2024

Hong Kong records first rise in new listings since 2020, as Beijing’s policy pivot refuels optimism

Beijing's stimulus package has refueled companies' interest in raising capital in Hong Kong and lured back some foreign capital funds, experts said.

Posted on 18/12/2024

Hongkong Land Launches Next-Generation Tenant Engagement Service for the Professional Community in Central

The new app delivers a highly personalised user experience and includes new features, content and services to enhance the working lives of professionals in the Central Portfolio The launch comes as ...

Posted on 18/12/2024

BOC HONG KONG: BoC Pay Greater Bay Area Consumption Transaction Amt Surges 2x+ YoY

The demand for QR code payment in Mainland China has continued to grow as a result of the boom of Hong Kong people's increased spending in China, the Deputy General Manager of BOC Credit Card ...

Posted on 18/12/2024

HSBC Holdings Advances Share Buy-Back Strategy

HSBC Holdings (GB:HSBA) has released an update.Pick the best stocks and maximize your portfolio:Discover top-rated stocks from highly ranked ...

Posted on 18/12/2024

Hong Kong’s SFC searches finance firms’ offices in Nasdaq listings probe

Nasdaq has become a popular choice for Hong Kong-based small- and medium-sized businesses as the local marketplace, known as GEM, has struggled for years. Local practitioners have pointed to the tight ...

Posted on 18/12/2024

Chinese property developers look to bite bullet and revamp onshore debt in 2025

Progress by Chinese property developer Sunac towards a landmark restructuring deal for yuan bonds could open the gates to a flurry of debt agreements next year, as the sector gives up on returning to ...

Posted on 18/12/2024

Hong Kong Loses Almost 40 Brokers in Another Grim Year

Almost 40 brokers called it quits in Hong Kong this year, marking another difficult year even after measures to boost liquidity were unveiled and Chinese stimulus revived trading.

Posted on 18/12/2024

The Hong Kong crossover stars who played movie villains, then nice-guy roles in TV shows

Hollywood actors like Harrison Ford have been hailed for making the move to small-screen roles, but in Hong Kong this is nothing new.

Posted on 18/12/2024

Hong Kong’s Kai Tak Sports Park holds counterterrorism drill with 400 officers

Prevention is very important,’ says Peter Leung of Interdepartmental Counterterrorism Unit on simulated attack at 5,000-seat sports ground.

Posted on 18/12/2024

Hong Kong government land sale revenues to hit HK$8-14b in 2025

And annual land premiums are expected to reach HK$10-15 billion. The Hong Kong property market is less affected by the external environment this year; demand and supply are the major factors ...

Posted on 17/12/2024

Hong Kong commits to global crypto tax reporting, first exchange set for 2028

Hong Kong is officially onboard with the OECD’s Crypto-Asset Reporting Framework, promising to roll out a global crypto tax reporting system by 2028. On December 13, the government told the OECD’s ...

Posted on 17/12/2024

Hong Kong stock exchange to reduce minimum price changes to boost liquidity

The reform aims to lower overall transaction costs and support a more efficient price-discovery process, says HKEX deputy CEO.

Posted on 17/12/2024

U.S. Treasury warns Hong Kong banks on Russia ahead of Trump’s return

HONG KONG -- A senior U.S. Treasury official this month met with Hong Kong financial institutions to warn them against doing business with Russia, acting on a recent letter from Congress and coming ...

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