Following multiple suicide attempts, a student from mainland China tried to murder four women in Hong Kong in the hopes of receiving the death penalty. Liu Yueteng, a 26-year-old former university ... ( read original story ...)
Breaking Up HSBC Wouldn’t Solve its Political Woes
Two different HSBCs—each with different, clearly defined constituencies— might find life easier in some ways. But a split wouldn’t defuse the biggest political land mines. ( read original story ...)
Is Hong Kong’s global financial center status weakening?
Over the past few years, speculation has been rife over whether Hong Kong can maintain its global financial center status against the backdrop of rising tensions between China and the U.S. ( read original story ...)
Thu. 9:43 a.m.: Hong Kong reopens beaches, Beijing relaxes quarantine rules
People run at a waterfront today in Hong Kong. Hong Kong today reopened beaches and pools in a relaxation of COVID-19 restrictions, while China's capital Beijing began easing quarantine rules for ... ( read original story ...)
Hong Kong’s base rate rises by the most in 22 years, ushering in era of faster, bigger increases in borrowing costs even as economy slumps
Hong Kong's cost of money soared by the most in 22 years as the city's de facto central bank followed the US Federal Reserve to usher in an era of faster, bigger rate increases, even while the local ... ( read original story ...)
Hong Kong relaxes Covid restrictions . . . but visitors still have to quarantine
Hong Kong reopened beaches and swimming pools in a relaxation of Covid-19 restrictions from today, but business leaders have criticised the “nightmare” of stric ... ( read original story ...)
What it’s like trying to sell a home in the world’s most expensive real-estate market right now, according to 4 agents who work in Hong Kong
After a lull due to the city's COVID-19 restrictions, the real-estate market is seeing a surge in demand for off-plan launches, experts told Insider. ( read original story ...)
Alibaba leads Hong Kong stock gains on bets China to boost support for Covid-hit economy while HSBC, lenders rise on rate outlook
Ann Cao is a Shanghai-based technology reporter for the Post, covering technology start-ups and policies in the city and eastern China. She graduated from the University of Hong Kong with a master's ... ( read original story ...)
Hong Kong retail sales drop for second month but downdraft seen easing
Hong Kong's retail sales fell in March for a second consecutive month after the city imposed stringent restrictions to curb an outbreak of COVID-19 but the government expected the sector to draw ... ( read original story ...)
Business group warns Hong Kong travel curbs a ‘nightmare’
Hong Kong's stringent pandemic travel restrictions, including frequent flight bans, are a "nightmare" for businesses despite a recent easing of the rules, the European Chamber of Commerce has said. ( read original story ...)
HSBC Rolls Out Green Mortgage
HSBC announced the launch of Green Mortgage in Hong Kong for the first time to reward customers for buying residential projects which support sustainable development. The brand-new Green Mortgage is ... ( read original story ...)
Hong Kong police arrest 7 after dozens of victims are cheated in scams involving bogus low-interest loans
The suspects, six men and a woman, aged 20 to 38, were holders of bank accounts that were used to collect the proceeds of crime, police said. ( read original story ...)
Why Chinese insurer Ping An is calling for a break-up of HSBC
HONG KONG/LONDON (FINANCIAL TIMES) - Two decades ago, HSBC made a bold gamble to recapitalise an ailing Chinese insurance firm, paying US$600 million (S$825 million) for 10 per cent of Ping An. The ... ( read original story ...)
Is Hong Kong’s global financial center status being weakened?
Over the past few years, speculation has been rife over whether Hong Kong can maintain its global financial center status against the backdrop of the rising geopolitical tensions between China and the ... ( read original story ...)