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Month: December 2024

Posted on 03/12/2024

Marlboro Celebrates Diversity At 15th Annual Multi-Cultural Day Event

Marlboro Township hosted its 15th Annual Multi-Cultural Day event on Sunday, bringing together community members of all ages and backgrounds for an evening of performances and festivities. From 1 p.m.

Posted on 03/12/2024

HSBC plans to withdraw credit card operations in China

reported Reuters In October this year, HSBC Hong Kong became a direct participant in China's international payments system, thereby enhancing its position in trade finance as China seeks to promote ...

Posted on 03/12/2024

Mortgage Data Firm Appoints Chief Revenue Officer

AI-driven data science firm Redefining Business Intelligence (RBI) is building out its C-suite with several recent appointments. RBI co-founder Pamela Finn has been appointed Chief Revenue Officer ...

Posted on 03/12/2024

China Mobile offers to buy Hong Kong’s HKBN in $882 million deal

China Mobile said on Monday it had offered to acquire HKBN in a deal valuing the Hong Kong-based broadband company at HK$6.86 billion ($882 million), as it looks to counter a move from a private equity firm.

Posted on 03/12/2024

$1.3M worth of Hermes bags stolen in Hong Kong store in 5 minutes

A Hong Kong luxury goods store has compensated its clients after 66 Hermes handbags, valued at HK$10 million (US$1.3 million), were stolen in a brazen smash-and-grab robbery that lasted just five minutes.

Posted on 03/12/2024

Paul Chan: Hong Kong is critical bridge between China and the world for accounting sector

Ministry of Finance will continue to support Hong Kong in cross-border accounting regulation and talent nurturing, vice-minister says.

Posted on 03/12/2024

Hong Kong launches panda sculpture tour as the city hopes the bear craze boosts tourism

Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park.

Posted on 02/12/2024

Hong Kong court dismisses petition to liquidate Chinese developer Shimao Group

China's Shimao Group said on Monday that the High Court in Hong Kong dismissed a petition seeking the liquidation of the embattled property developer. The petition was filed by China Construction Bank ...

Posted on 02/12/2024

Cathay Pacific & HSBC Partner to Produce SAF in Hong Kong

Cathay Pacific, HSBC Hong Kong and EcoCeres join forces to support sustainable aviation fuel (SAF), driving airline decarbonisation in Hong Kong ...

Posted on 02/12/2024

Credit Agricole CIB bolsters Asia expansion from Hong Kong, undeterred by Trump trade war

French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in Asia, and those plans will not be affected by Donald Trump's plan to wage a trade war with ...

Posted on 02/12/2024

Thousands of giant panda sculptures gathered ahead of greeting Hong Kong residents and tourists

Thousands of giant panda sculptures will greet residents and tourists starting Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park.

Posted on 02/12/2024

Hong Kong investment arm funds 80 start-ups as war chest swells

Flush with proceeds from the city’s successful investment-migration scheme, HKIC puts money in local, mainland and overseas start-ups.

Posted on 02/12/2024

Makeup Artist Mao Geping Close To Billionaire Ahead Of Hong Kong IPO

The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.

Posted on 02/12/2024

EY Foresees HK IPO Fundraising to Whop $120B in 2025, Likely to Return No.3 in World

Excluding MIDEA GROUP (00300.HK), which raised HKD35.67 billion, the average IPO capital raised this year was HKD758 million, up 11% YoY, but still at a relatively low position in recent years. EY was ...

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