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Month: May 2026

Posted on 05/05/2026

Hong Kong Weathers War Shocks With Fastest GDP Growth Since 2021

Hong Kong’s economy expanded at its fastest pace in almost five years, as old growth drivers like tourism and retail spending cushioned the blow from the global energy crisis caused by the war in Iran ...

Posted on 05/05/2026

Hong Kong Stays Hot for Medical Equipment Maker Debut: ECM Watch

Shares of Star Sports Medicine Co. in their Hong Kong trading debut on Tuesday, extending a run of strong listings in the city in recent months as investors showed that appetite for Chinese stocks ...

Posted on 05/05/2026

Hong Kong posts strongest quarterly economic growth in almost 5 years at 5.9%

Robust exports and resilient domestic consumer spending drive growth despite Middle East tensions and rising energy costs Hong Kong has recorded its fastest economic growth in nearly five years in the ...

Posted on 05/05/2026

Hong Kong shares dip as HSBC loss weighs down market

Hong ⁠Kong's stock marketslipped on Tuesday with ​a drop in HSBC shares after a surprise loan loss dragging on the market, ​while ‌mainland Chinese markets were closed for a holiday. * Hong Kong's ...

Posted on 05/05/2026

HSBC posts flat quarterly net profit, missing consensus

Higher credit charges related to exposure with a U.K. financial firm and the Middle East conflict offset the strength in HSBC’s Hong Kong, U.K. and wealth businesses.

Posted on 05/05/2026

HSBC shares hit as fraud case brings flat profit

HSBC reported an unexpected US$400 million loss linked to a fraud case in Britain on Tuesday, ⁠causing it to slightly ...

Posted on 05/05/2026

HSBC profits fall slightly despite strong wealth and Hong Kong business growth

HSBC’s pre-tax profits fell marginally in the opening quarter, the lender has revealed.The UK-based bank’s quarterly profit before tax fell to 9.4 billion dollars (£6.96 billion), down from 9.5 ...

Posted on 05/05/2026

HSBC profit underwhelms on unexpected $400 million private credit loss

By Selena Li and Lawrence White HONG KONG/LONDON, May 5 (Reuters) - HSBC reported an unexpected $400 million loss linked to a fraud case in Britain on Tuesday, causing it to slightly undershoot ...

Posted on 05/05/2026

HSBC profit flat as Middle East provisions offset wealth growth

Credit impairment charges rose 44 per cent to US$1.3 billion, driven by provisions linked to the Middle East conflict and UK fraud exposure.

Posted on 05/05/2026

HSBC’s darkest scenario: Stock markets down 35% and oil at $145

HSBC Holdings on Tuesday said it’s made a big push into digital assets, including a tokenized gold product that’s already seen $1 billion in value traded, as the bank’s stock slumped on unexpectedly ...

Posted on 05/05/2026

HSBC’s school fees review more to do with changing ‘colonial culture’ than cutting costs

HSBC’s decision to review whether it will continue paying school fees for the children of its senior staff in Hong Kong is as much to do with modernising the bank as it is to do with cost-cutting, say ...

Posted on 05/05/2026

Tourist’s photos with removed Hong Kong trail sign draw backlash online

Viral images show a backpacker posing with MacLehose Trail sign, prompting criticism over visitors’ behaviour during ‘golden week’ holiday.

Posted on 05/05/2026

2026 Sun Life Hong Kong International Dragon Boat Races Marks Dragon Boat Championship’s 50th Anniversary with the City’s Largest Day‑and‑night Hong Kong Dragon Boat …

World-class racing, live entertainment, cultural experiences and a beer-and-gourmet carnival take over Tsim Sha TsuiHONG KONG, May 05, 2026 (GLOBE NEWSWIRE) -- One of Hong Kong’s most iconic summer ...

Posted on 05/05/2026

Hong Kong boy, 12, arrested for allegedly making explosives, posting process online

A 12-year-old boy in Hong Kong has been arrested on suspicion of manufacturing explosives and posting about the process online, the South China Morning Post has learned. Police said they were expected ...

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