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Month: March 2025

Posted on 06/03/2025

Shipping firms pull back from Hong Kong to skirt US-China risks

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.

Posted on 06/03/2025

Hong Kong court reverses convictions of 3 ex-organisers of Tiananmen vigils

Three former organisers of Hong Kong's annual vigil in remembrance of the 1989 Tiananmen Square crackdown won their bid at the top court on Thursday to overturn their conviction over their refusal to ...

Posted on 06/03/2025

Hong Kong investors to bail out Australia’s Star Entertainment, AFR reports

CASINO operator Star Entertainment will dispose of its Brisbane-based casino and save itself from going into voluntary administration under a new deal with its Hong Kong investors, the Australian ...

Posted on 06/03/2025

Bank of China International Makes Cuts to Commodities Unit

Bank of China International Holdings Ltd., the investment banking arm of the giant Chinese state-owned lender, is pulling back from commodities after wild price moves over the past few years shook ...

Posted on 06/03/2025

HSBC renames ‘eastern’ and ‘western’ businesses months after creating them

HSBC has renamed its “eastern markets” and “western markets” business sections, within months of creating them, after the branding prompted renewed speculation that the bank might formally split along ...

Posted on 06/03/2025

HSBC HOLDINGS Repurchases Nearly 6.13M Shares Yesterday, Totaling HKD565M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 6.1284 million shares of the company in the UK and Hong Kong markets on March 5, involving a total of HKD565 million. Of this, ...

Posted on 06/03/2025

MPs under mounting pressure to launch probe into HSBC savings scandal

Campaigners are demanding executives answer questions about withholding nearly £1bn from people who fled to escape a crackdown.

Posted on 06/03/2025

‘AI startups boosting nation’s development’

An analyst on Thursday said the advent of artificial intelligence startups such as DeepSeek has been a boon to the nation’s technological ...

Posted on 06/03/2025

AI-led boom of Chinese stocks revives refinancing activities in Hong Kong

Around 17 tech companies raise a combined US$6.7 billion from share placements or secondary offerings since February.

Posted on 06/03/2025

Hong Kong’s PAObank secures insurance agency licence

Hong Kong’s PAObank has received an Insurance Agency Licence from the Insurance Authority (IA), allowing the digital bank to offer general and life insurance services. In tandem with this development, ...

Posted on 06/03/2025

Y Intercept Hong Kong Ltd Sells 13,086 Shares of Banco Macro S.A. (NYSE:BMA)

Y Intercept Hong Kong Ltd reduced its stake in Banco Macro S.A. (NYSE:BMA – Free Report) by 85.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission ...

Posted on 06/03/2025

HSBC recognised as ‘Best Trade Finance Bank’ in Bangladesh

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been awarded as the “Best Trade Finance Bank” for the seventh year in Bangladesh and the eighth year globally at the Euromoney Trade ...

Posted on 06/03/2025

LIV Golf Hong Kong 2025 odds, picks, field: Golf insider reveals best bets, sleepers, favorite to avoid

Eric Cohen has studied the 2025 LIV Golf Hong Kong field and locked in his top sleepers, favorite to avoid and best bets ...

Posted on 06/03/2025

Hong Kong minister apologises after snooker fans kicked out early at Kai Tak Arena

Sports chief Rosanna Law dismayed that organiser booted out spectators before end of match at World Grand Prix.

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