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Posted on 27/08/2024

Hong Kong has ‘irreplaceable’ role in country’s reform efforts: senior Beijing officials

Commerce minister Wang Wentao and key legal official Shen Chunyao brief political elites on third plenum resolution in Hong Kong session.

Posted on 26/08/2024

PING AN: HSBC Is Key Financial Investment; Shareholding Changes based on Mkt Condition

Fu Xin, deputy general manager of PING AN (02318.HK), was quoted by local media as saying that HSBC is not only a key financial investment of the group, but also forms a large part of its insurance ...

Posted on 26/08/2024

China Market Update: Hong Kong Gains As Pinduoduo’s Slight Revenue Miss Sends Shares Lower

Asian equities rose despite rising Middle East tensions. Powell’s Friday press conference, confirming a September rate cut, sent the US dollar lower. Hong Kong outperformed as the Hang Seng Index ...

Posted on 26/08/2024

Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM

The 3 Hong Kong spot Bitcoin ETFs surpassed HK$2 billion ($272M) in assets under management since launching this year. The growth shows increasing institutional appetite for regulated Bitcoin products ...

Posted on 26/08/2024

Hong Kong property leaders support leaving abolished land sale mechanism in the past

Development minister Bernadette Linn earlier said authorities had no plans to bring back application-based land sale mechanism axed in 2013.

Posted on 26/08/2024

Mixed Performance for Mainland China and Hong Kong Stocks

Mainland China stocks ended mostly flat, while Hong Kong tracked gains following dovish comments from Federal Reserve Chair Jerome Powell. Powell hinted at potential interest rate cuts, while China's ...

Posted on 26/08/2024

HSBC: This is the ‘most striking data point’ that highlights China’s growth challenges

Cheuk Wan Fan, HSBC's Chief Investment Officer for Asia, discuss the headwinds facing China's economy and explains her neutral positioning in China and Hong Kong markets.

Posted on 26/08/2024

HKMA links data platform with Companies Registry to help SMEs open bank accounts

The HKMA has expanded its Commercial Data Interchange electronic platform designed to help SMEs by linking up with the Companies Registry to share more data with banks.

Posted on 26/08/2024

Fighting Sexual Temptation? Play Badminton, Hong Kong Tells Teenagers.

Top officials in the Chinese territory have defended new sex education guidance that critics call regressive. Young people are amused.

Posted on 26/08/2024

3 arrested in Hong Kong for alleged HK$1.3 million fake invoices fraud at student union

Two Baptist University students among trio arrested after union discovers funds transferred to bank accounts for personal use.

Posted on 26/08/2024

Hong Kong should export governance expertise to mainland cities: China affairs scholar

Chief Executive's Policy Group member Zheng Yongnian says city can use globally recognised practices to buttress role in national development An adviser to Chinese policymakers has called on Hong Kong ...

Posted on 26/08/2024

Chinese EV maker Hozon launches latest model to boost sales ahead of Hong Kong IPO

The Shanghai-based company, which is planning a Hong Kong initial public offering (IPO), announced on Sunday evening that the new car, the Neta S, would start at 159,900 yuan (US$22,447), with ...

Posted on 26/08/2024

Liu Jin resigns as Bank of China’s president for undisclosed ‘personal reason’

Bank of China’s shares retraced 0.9 per cent to 7 yuan in Shanghai, rising 0.3 per cent to HK$3.58 at the noon trading pause in Hong Kong.

Posted on 26/08/2024

Hong Kong must integrate spirit of China’s third plenum into ‘everyday affairs’: John Lee

Chief Executive John Lee among city officials who attended Monday morning closed-door briefing on last month's key Communist Party meeting Hong Kong must integrate the spirit of a key Chinese ...

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