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Posted on 12/01/2023

HSBC wins appeal against $36 mln Euribor cartel fine

HSBC has won an appeal against a decision by European antitrust regulators to fine Europe's second-largest bank 33.6 million euros ($36 million) over its role in a cartel to manipulate benchmark ...

Posted on 12/01/2023

Hong Kong lawyer duped out of HK$5.7mil by phone scammers pretending to be mainland Chinese police, telecoms worker

Woman, 31, first received phone call in November from ‘telecoms worker’ who said she was involved in deception case. Victim then had a video call with another scammer posing as a mainland public ...

Posted on 12/01/2023

Britain criticises erosion of freedoms in Hong Kong

Britain criticised on Thursday what it said was the systematic erosion of freedoms in Hong Kong by the Chinese government and a crackdown on free speech by authorities in the former British colony.

Posted on 12/01/2023

Hong Kong’s HAF Project Market Unveils 28-Title Spread for Return to In-Person Meetings

Film projects involving Anthony Chen, Fruit Chan, Tian Zhuangzhuang, Marco Mueller and Zhang Lu adorn the lineup of the upcoming Hong Kong – Asia Film Financing Forum project market. The 21st edition ...

Posted on 12/01/2023

Hong Kong businesses cheer China reopening, but warn there’s a long way to go

Kiki Yang brought an empty green suitcase from Shenzhen to Hong Kong this week to load up on new purchases for her family and friends.

Posted on 12/01/2023

Hong Kong accountant swindled out of HK$2.2 million after man with ‘insider information’ lures him into setting up account on fake stock trading app

Scammer in WhatsApp group convinced accountant, 51, to transfer money into five designated bank accounts to invest in mainland stocks Bogus app showed fake transactions and returns to trick people ...

Posted on 12/01/2023

Hong Kong lawyer duped out of HK$5.7 million by phone scammers pretending to be mainland Chinese police, telecoms worker

A Hong Kong lawyer has become the latest victim of a phone scam after a swindler impersonating a mainland Chinese police officer duped her out of nearly HK$5.7 million (US$730,769) over two months.

Posted on 12/01/2023

Roundup: Hong Kong consolidates global financial hub status with innovation, green finance initiatives

Israeli entrepreneur Guy Sheena came all the way from the Middle Eastern country to the Hong Kong Special Administrative Region (HKSAR) of China to look for potential partners for his fintech startup, ...

Posted on 12/01/2023

Hong Kong’s IPO Market Is Poised For A Return To Form

After a bleak first half of 2022, Hong Kong’s IPO market regained momentum in the second half of the year. Refinitiv data show that 75 listings raised US$12.69 billion. To be sure, it was a weaker ...

Posted on 12/01/2023

China’s reopening set to boost Hong Kong’s property market as retail leads the recovery: Colliers

In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to Colliers Hong Kong.

Posted on 12/01/2023

China’s reopening will boost many sectors in Hong Kong’s property market: Real estate services firm

Hannah Jeong of Colliers Hong Kong says it's cautiously optimistic on the city's property market. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

Posted on 12/01/2023

HK Culture, Sports and Tourism secretary criticised for claiming Michelle Yeoh as ‘a Hong Kong actor’

Hong Kong Culture, Sports and Tourism secretary Kevin Yeung has come under fire from social media users for staking a claim on newly crowned Golden ...

Posted on 12/01/2023

2023 will be a ‘much better’ year for Hong Kong’s economy than 2022, says finance secretary

Paul Chan, Hong Kong's finance secretary, discusses the city's economic outlook in the context of factors such as mainland China's reopening.

Posted on 12/01/2023

Financial stability a priority for Hong Kong: finance secretary

Chan expects more support from mainland China as the latter’s economy recovers. Hong Kong places priority in maintaining its financial stability amidst ongoing challenges in the external environment, ...

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