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Month: December 2024

Posted on 27/12/2024

Slew of cyberattacks hit Hong Kong in 2024, from Oxfam to BMW

The Post reviews some of the biggest data breaches that hit the city this year. Oxfam Hong Kong. Hong Kong’s privacy watchdog launched an investigation after the local branch of ...

Posted on 27/12/2024

Hong Kong home prices edge up 0.07% in November

Hong Kong's home prices were largely flat in November, in an early sign that the struggling property market could bottom out after interest rate cuts and other supportive measures.

Posted on 27/12/2024

HSBC HOLDINGS (00005.HK) Repurchases ~1.32M Shrs on Tue for $98.91M

HSBC HOLDINGS (00005.HK) announced that on Tuesday (24th), it repurchased a total of 1.3183 million shares in the UK and Hong Kong markets, involving a total of $98.9129 million.Am... HSBC HOLDINGS ...

Posted on 27/12/2024

Hong Kong start-up offers personalised avatars in bid to monetise generative AI

The company's AI photo booth is built upon several large image models including Stable Diffusion, which it uses to produce digital avatars A Hong Kong-based start-up that uses generative artificial ...

Posted on 27/12/2024

She moved to Hong Kong in her 20s, had kids, and launched 5 companies. Now, at 43, she’s learning how to disconnect.

Lindsay Jang's first restaurant in Hong Kong, Yardbird, won a Michelin star and her new workout technique is expanding, but not all of her past business ventures have been successful.

Posted on 27/12/2024

Hong Kong’s IPO boom awaits in 2025 as regulatory boost, interest rates align, bankers say

The outlook for Hong Kong’s initial public offering (IPO) market is expected to brighten next year on the back of lower interest rates and stronger regulatory support, according to deal makers. IPO ...

Posted on 27/12/2024

Neutral impact on Public Bank from HK unit performance

The anticipated losses and goodwill impairment of Public Bank Bhd’s (PBB) Hong Kong-listed subsidiary, Public Financial Holdings Ltd (PFH), is expected to have a neutral impact on the banking group.

Posted on 27/12/2024

China’s CATL to seek Hong Kong listing

Chinese battery manufacturer CATL said on Thursday it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed.

Posted on 26/12/2024

Hong Kong IPOs raise HK$83 billion this year, expected to return to fourth place globally

VCG. A total of 66 new stocks had been listed in Hong Kong by mid-to-late December, raising over HK$83 billion ($10.69 billion). The total financin ...

Posted on 26/12/2024

Hong Kong restaurants hit rocky road in 2024, but analysts optimistic

Analysts expect lower rents and increased consumption in 2025 driven by multi-entry visa scheme for Shenzhen residents.

Posted on 26/12/2024

Sanctions extension will hurt US business interests, Hong Kong warns Washington

Hong Kong authorities have warned the United States that extending sanctions against local and mainland Chinese officials will “ultimately undermine” American business interests, citing the country’s ...

Posted on 26/12/2024

China Eastern to debut C919 on Shanghai-Hong Kong route in January

China Eastern Airlines will launch the first commercial cross-border service operated by C919 between Shanghai and Hong Kong on January 1, state-owned China Central Television (CCTV) said on Thursday.

Posted on 26/12/2024

From gym closures to rotten tofu, Hong Kong consumers faced a year of scams

Hong Kong residents were beset by shoddy deals and blatant cons in 2024, including rogue beauty parlours and a furore over Lionel Messi.

Posted on 26/12/2024

Hong Kong’s plan to lure back visitors? It’s black and white and eats bamboo

The Chinese territory, which now has more giant pandas than any place outside mainland China, hopes the beloved bears will help bring back tourists.

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