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Month: June 2025

Posted on 03/06/2025

PwC troubles in China deepen with exit of Hong Kong partners

HONG KONG] PricewaterhouseCoopers troubles are now deepening in Hong Kong as the firm is wrestling with the consequences of its audits of China Evergrande Group. Read more at The Business Times.

Posted on 03/06/2025

Hong Kong Airlines to open routes to Urumqi, Melbourne after overcoming debt woes

Carrier president Jeff Sun Jianfeng says it has 'become financially sound airline with great investors' backing', and plans for rebrand Hong Kong Airlines will launch flights to Urumqi in far western ...

Posted on 03/06/2025

Deficit-hit Hong Kong hikes work visa fees as much as 8-fold

Under the new two-tiered schedule, individuals seeking to stay more than 180 days are required to pay 1,900 Hong Kong dollars ($242) -- a HK$600 application fee plus an issuance fee of HK$1,300.

Posted on 03/06/2025

Dubai Aerospace Enterprise signs $300m loan agreement with BOC

Ltd,  a global aviation services company, has signed a $300 million three-year unsecured term loan with Bank of China (Dubai) Branch, Bank of China Limited, London Branch and Bank of China (Hong Kong) ...

Posted on 03/06/2025

DAE signs US$300 million 3-year unsecured term loan

Ltd today announced that it has signed a US$300 million 3-year unsecured term loan with Bank of China (Dubai) Branch, Bank of China Limited, London Branch and Bank of China (Hong Kong) Limited (BOC).

Posted on 03/06/2025

China Stocks Get Boost As UBS, HSBC Cite Stimulus Hopes, Tariff Truce, Low Valuations

HSBC said Chinese investors channeled $80 billion in net inflows into Hong Kong stocks through Stock Connect’s southbound channel in 2025. At the current rate, they could funnel more excess savings to ...

Posted on 02/06/2025

IPO Fever Returns: Is Hong Kong the New Gateway to China’s Tech Boom?

A flood of Chinese listings is shaking up the Hang Seng--could this be the market's long-awaited turning point?

Posted on 02/06/2025

Mainland Chinese households set to buy another US$100 billion of Hong Kong stocks: HSBC

Chinese households are poised to deploy some 50 trillion yuan (US$6.5 trillion) of excess savings into stocks in Hong Kong and elsewhere.

Posted on 02/06/2025

HSBC Qatar and the Hong Kong delegation of the Chinese Manufacturing Association explore opportunities in Qatar

HSBC Qatar and the Hong Kong delegation of the Chinese Manufacturing Association discussed the different opportunities for collaboration in bringing manufacturing to Qatar. The two-way collaboration ...

Posted on 02/06/2025

Hong Kong’s New World Development Tumbles On Bond Payment Delays Amid Debt Troubles

New World’s decision to defer interest payments on several bonds triggered a 6.5% drop in its shares on Monday.

Posted on 02/06/2025

Hong Kong Launches AI-Powered Green Education Initiative GEEP Ahead of COP30

Hong Kong has taken a significant step towards fostering sustainability and innovation with the launch of the Green Entrepreneurial Education Project (GEEP). Convened by Prof. Shirley Yeung, the ...

Posted on 02/06/2025

Dubai Aerospace signs $300mln 3-year term loan

Dubai Aerospace Enterprise Ltd. has signed a $300 million three-year unsecured term loan with Bank of China (Dubai) Branch, Bank of China Limited, London Branch and Bank of China (Hong Kong) Limited.

Posted on 02/06/2025

HSBC HOLDINGS Poised to Inject USD4B into Private Credit Funds: Report

HSBC HOLDINGS (00005.HK) is set to inject USD4 billion into its private credit funds, according to Reuters. The bank revealed that it would invest the cash into HSBC Asset Management's alternative ...

Posted on 02/06/2025

Hong Kong lawmakers support MPF change to make accounts fully portable

Letting members move their full portfolios to new providers would promote proactive management and competition, official says.

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