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Posted on 10/12/2024

HSBC global private banking and wealth chief to quit

Gabriel Castello has been named interim CEO of global private banking, with search for a permanent CEO to start in “due course”.

Posted on 10/12/2024

‘No loophole’ in Hong Kong talent scheme after forgery claims, officials say

Labour minister Chris Sun says no problem in scheme’s design and assessment procedure, and warns against those who break law.

Posted on 10/12/2024

What it’s like flying Cathay Pacific Business Class and Premium Economy from Auckland to Hong Kong and back

Heading to Hong Kong with the Viva team for a special collector’s issue and suite of digital content, the Herald’s Emma Gleason flew from Auckland with Cathay Pacific, weighing in on whether Business ...

Posted on 10/12/2024

Chow Yun-fat, hard as nails in movies, cuts home price by 14% as he succumbs to market dip

Cutting the price of his home on The Peak, the film star joins other celebrities and tycoons selling high-end homes at a discount.

Posted on 10/12/2024

Great Restaurant Doesn’t Have A Great IPO Plan

Great Restaurant Development Holdings aims to raise $10 million in a US IPO. Financials show falling revenue, reduced gross profit, and negative marketing efficiency, with high multiples.

Posted on 10/12/2024

HSBC Holdings Announces Significant Share Buy-Back

HSBC Holdings (GB:HSBA) has released an update. HSBC Holdings has successfully bought back 1,734,933 of its ordinary shares as part of a share ...

Posted on 10/12/2024

Hong Kong banks to study heavy cheque users with eye on phase-out

Work with 10 heavy cheque-using sectors including SMEs, charities and brokers will help identify barriers to electronic payments, HKAB says.

Posted on 10/12/2024

See inside a 155 mph sleeper train connecting Hong Kong and Beijing

Hong Kong’s new high-speed sleeper trains launched in summer 2024 and while they aren’t quite as fast as flying, or daytime bullet trains, what they do offer is a night’s rest. CNN takes a trip on the ...

Posted on 10/12/2024

Economic Watch: Hong Kong revs up tech hub ambition with AI supercomputing center debut

Hong Kong largest artificial intelligence AI supercomputing center officially commenced operation Monday providing the much-needed computing power ...

Posted on 10/12/2024

Hong Kong stocks rally after China’s top policymakers pledge more policy easing

China to adopt more proactive fiscal policies and “moderately loose” monetary policies to boost domestic demand, Politburo readout says.

Posted on 10/12/2024

Home horse racing teams dominate international invaders in Hong Kong

As often is the case, Hong Kong runners dominated the finish of the Sprint. Helios Express was second for the home team, with Japan's Satono Reve the only foreigner to crack the top-four placings.

Posted on 09/12/2024

Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO

Chinese beauty brand Mao Geping on Monday set the price for its shares at the top of the range, as it looks to raise $270 million in a Hong Kong initial public offering.

Posted on 09/12/2024

Hong Kong stocks slide from 4-week high as China deflation lingers

Hong Kong stocks dropped from a four-week high after an official report showed that China’s deflationary pressure is lingering, as investors look ahead to a key economic policy meeting. The Hang Seng ...

Posted on 09/12/2024

Hong Kong’s John Lee meets visiting officials from 12 countries to promote city’s business advantages

Government does not disclose which nations they represent, but says leader promoted city’s market-oriented advantages and business-friendly environment.

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