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Posted on 24/12/2024

HSBC HOLDINGS Buys back 2.12M+ Shrs for HKD159M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 2.1245 million shares of the company yesterday (23rd) in the UK and Hong Kong markets for a total of HKD159 million. Among which, ...

Posted on 24/12/2024

HSBC, Bank of China cut lending rates even as HKMA warns of volatility ahead

Hong Kong’s top two banks, lowered their prime lending rates for a third time this year, trimming the cost of borrowing to the lowest level in two years. HSBC said it would trim its prime rate by 12.5 ...

Posted on 24/12/2024

Singapore Pulls Ahead of Hong Kong in Race to Be Crypto Hub

Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.

Posted on 24/12/2024

Beermen’s back-to-back defeats to Hong Kong squad hardly worries returning coach

San Miguel Beer’s 99-91 overtime loss to Hong Kong in Sunday night’s PBA Commissioner’s Cup amounted to a double black eye for the traditional powerhouse. Counting their match in the East Asia Super ...

Posted on 24/12/2024

Hong Kong gears up for Christmas as 1.1 million residents head out of city

Between Saturday and Monday at 4pm, 2.07 million people left Hong Kong while 1.26 million entered the city, a net outflow of 811,727.

Posted on 24/12/2024

Hong Kong airport told to step up train safety after girl’s platform gap fall

A girl aged about five or six years stepped into the gap at a platform while boarding a driverless train last year.

Posted on 23/12/2024

Hong Kong watchdog receives 16 complaints over Real Madrid fan meet fiasco

Consumer Council cites organisers saying they won’t be issuing full refunds, as circumstance for each fan over meet-and-greet was different.

Posted on 23/12/2024

Hong Kong Bourse Seeks Feedback on IPO Price Discovery, Takes Steps to Boost Capital Markets Activity

Hong Kong Exchanges and Clearing is looking at ways to encourage more firms to list in the city while seizing the initiative in the corporate governance sphere.

Posted on 23/12/2024

BOC HONG KONG (02388.HK) Extends Service Hours for RMB Clearing Bank

BOC HONG KONG (02388.HK) announced that with effect from today (23rd), the service hours for the cross-border RMB clearing by the Hong Kong RMB Clearing Bank have been extended. Through the Hong Kong ...

Posted on 23/12/2024

Trump and Tesla will turbocharge self-driving race

In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the ...

Posted on 23/12/2024

Hong Kong tutoring centre owner slapped with 240 hours of community service

Court orders director of Brilliant Education to compensate eight parents who paid fees for programmes shortly before business’ abrupt closure.

Posted on 23/12/2024

Seek empathy over revenge, Hong Kong cardinal says in Christmas message

City’s top Catholic priest Stephen Chow says renewed hope needed despite Hong Kong’s sluggish economy and rise in mental health cases.

Posted on 23/12/2024

Hong Kong fans of Jay Chou swindled out of HK$180,000 from fake concert tickets

King of Mandopop’ will perform at Kai Tak Sports Park next year, as police warn fans to only purchase through official channels.

Posted on 23/12/2024

HSBC’s PayMe now accepted by 27,000 Hong Kong taxi drivers

New channel launched after ‘significant uptick’ in electronic payment adoption by both riders and drivers, Octopus says.

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