The number of new mortgage loans on residential properties in Hong Kong has dropped dramatically this year, new figures show, as rising interest rates and economic uncertainty stifle the property ...
Hong Kong microfinance platform Micro Connect raises US$458 million from investors
Hong Kong-based microfinance platform Micro Connect, co-founded by former Hong Kong Exchange CEO Charles Li, on Wednesday (Aug 2) said it has raised US$458 million from new and existing investors.
Hong Kong stocks retreat after China’s weak housing data; regional markets subdued as Fitch downgrades US rating
Hong Kong stocks were dealt a setback by downbeat China housing data published overnight with the overall regional sentiment dampened by Fitch’s downgrade of the US sovereign rating.
Hong Kong Office Rent Collapse Triggers Wave of Upgrades
At an industrial-styled office unit in Hong Kong, employees of events company Hybrid Group are enjoying the perks of their new workplace — three times the floor space, a wet pantry, and natural ...
In-depth: Exploring Hong Kong and Indonesia’s strategic potential
From Indonesia’s resource-rich, onshore EV supply chain, to Hong Kong’s suite of sophisticated primary market products, experts assess the opportunity on offer to both regions’ capital markets, ...
HSBC Holdings plc: HSBC Earnings: Good Cost Control; We Raise Fair Value of Hong Kong-Listed Shares Slightly
Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and 40 million customers worldwide. It operates across 64 countries with ...
HSBC silences Ping Am with bumper profit: Bank boss says tussle with Chinese investor is now closed
HSBC, led by chief exec Noel Quinn (pictured) which delivered a surge in half-year profits, spent the last year in a tussle with a Chinese insurance giant.
Hong Kong government pledges legal changes to safeguard whales following disturbing carcass discovery
In response to public outrage on social media, Hong Kong's government has promised to consider legal amendments and establish protocols to enhance whale protection measures.
HSBC rides rising rates to double its income, launches $2 bln share buyback
HSBC Holdings raised its key profitability target and announced a fresh $2 billion share buyback on Tuesday, as rising central bank interest rates worldwide helped it more than double its income for ...
Hong Kong police arrest 43 people over 32 cases of cyber fraud totalling HK$27 million, most suspects recruited to set up bank accounts
Hong Kong police have arrested 43 people over 32 cases of cyber fraud in which victims lost more than HK$27 million (US$3.5 million) in total.
Billionaire Jack Ma invests in fishery and agriculture startup
Alibaba founder Jack Ma has invested in a fishery and agriculture startup in China, the media reported on Tuesday ...
Hong Kong official vows to mull legal changes after discovery of whale carcass sparked anger
A Hong Kong government official has vowed to mull legal changes and set up protocols to better protect whales after the discovery of a carcass sparked anger on social media and speculation that ...
In a first, Hong Kong residents can co-own a home in Shenzhen with family members as China’s tech hub eases rules
Hong Kong residents with family members holding residence permits in Shenzhen are eligible for the first time for government-subsidised housing after authorities relaxed rules to help low-income ...
Hong Kong retail sales show 19.6 per cent rise to HK$33.1 billion in June, boosted by tourism and consumer demand
June figures mark increase in retail sales for seventh month in a row Hong Kong recorded 2.75 million visitors in June, bringing total for first six months to 12.88 million Hong Kong's retail sales ...