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Month: December 2024

Posted on 06/12/2024

Hong Kong, Saudi Arabia strengthen financial ties, roles as Asia and Middle East gateways

Saudi central bank governor Al-Sayari and his delegation were in Hong Kong this week to attend the Financial Stability Board’s Plenary meeting.

Posted on 06/12/2024

HSBC confirms Asia, Middle East leadership under new structure

Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.

Posted on 06/12/2024

Unpacking John Lee’s firing of two ministers: Hong Kong needs a win

New faces part of gambit to minimise any damage to his government’s standing and even secure decisive short-term wins on the tourism and aviation fronts, analysts say ...

Posted on 06/12/2024

Can Hong Kong reclaim its role as Asia’s gateway to the Americas?

As China expands trade and investment in Latin America, a proactive Hong Kong should seize the opportunity to connect all parties involved An oft-quoted aphorism goes, "History does not repeat itself, ...

Posted on 06/12/2024

Hong Kong’s IVF Rules Send People Into Black Market for Eggs, Embryos

Hong Kong lawmakers have been debating relaxing some rules, including extending the number of years a single woman can keep her eggs frozen. The legislature is drafting a measure that would offer a ...

Posted on 06/12/2024

Hong Kong man, 62, dies after smoke spotted coming out of his flat

Police said they received a report of smoke at around 7.20am on Friday at the flat in Kai Yin House at Kai Yip Estate, a public housing in Kowloon Bay. Firefighters and police officers found the man unconscious when they arrived at the scene.

Posted on 06/12/2024

Volunteer ‘Pals’ bridge cultures and share Hong Kong’s hidden stories

A volunteer in the Hong Kong Pals, a program organized by the Hong Kong Tourism Board, Kwok takes joy in sharing his city's hidden gems with visitors.

Posted on 06/12/2024

Hong Kong leader planned to axe ministers far earlier, sources say

Chief Executive John Lee held off to ensure his administration projected strong image in lead-up to passage of domestic national security law, according to insiders.

Posted on 06/12/2024

New HSBC boss continues leadership reshuffle with more executives to depart

HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the ...

Posted on 06/12/2024

Hong Kong’s new tourism chief Rosanna Law: tough on housing abuses, big fan of Mirror singer

Law rose through the ranks as an administrative officer and served in various bureaus and departments after joining the public service in 1989.

Posted on 06/12/2024

Hong Kong’s John Lee sacks tourism and transport ministers in unexpected move

Hong Kong’s leader has fired his tourism and transport ministers, Kevin Yeung Yun-hung and Lam Sai-hung, in an unexpected move, a national news agency has said.

Posted on 05/12/2024

Hong Kong Housing Market to Reach Equilibrium in Late 2025

According to JLL's latest Residential Market Monitor report, new home inventory is expected to reach a more balanced supply-demand equilibrium by the end of 2025.

Posted on 05/12/2024

Hong Kong’s New Residency Scheme Seeks To Attract Global Talent And HNWIs

As global investors seek stability amid uncertainty, Hong Kong's New Capital Investment Entrant Scheme offers high net worth individuals unparalleled investment opportunities through a streamlined ...

Posted on 05/12/2024

What happens when a business city like Hong Kong locks up a businessman like my friend Jimmy Lai

For years Hong Kong rivaled London and New York as a global financial center. No more. Global financial centers don’t have political prisoners.

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