Smithfield Foods Inc. has picked advisers including Bank of America Corp. and Goldman Sachs Group Inc. to work on an initial public offering in the US intending to raise at least $1 billion, according ...
Steady fund flows have bolstered Hong Kong’s asset, wealth hub status, SFC study finds
Chan said the figures showed that despite geopolitical tensions, investors still had confidence in the prospects of the mainland and Hong Kong markets. The net inflows mostly came from private banking ...
{Hot Stocks}HANG SENG BANK(00011) quoted at HK$102.9, up 3%
[ET Net News Agency, 12 July 2024] HANG SENG BANK (00011) rose 3% to HK$102.9, breaking above the 20-D SMA of HK$102.428. It hits an intra-day high of HK$102.9, and an intra-day low of HK$100.3. The ...
CK Asset Holdings: It’s Not About Hong Kong Anymore, Management’s Focus Seems To Have Shifted
More than three quarters of CHKGF's profits are sourced from Hong Kong property. Prices and transactions are dropping like a stone, and there is no bottom in sight. CK Asset Holdings Limited ...
Single family offices: Singapore and Hong Kong can collaborate in courtship of the super rich
Collaboration between the two financial hubs can enhance the region's wealth management landscape. Read more at straitstimes.com.
Hong Kong wealth gap narrows, but rival Singapore sees 23% increase
Wealth inequality in Hong Kong dropped by 6% over the past 15 years but rival Singapore recorded an almost 23% increase over the same period, a report by a multinational bank has found.
Uber ‘will be out of the game’ in Hong Kong if it fails to meet requirements: minister
In the future, if these platforms fail to meet the basic requirements and conditions, they will be out of the game,’ transport secretary says.
Hong Kong swimming boss defends under-fire association over ‘ridiculous’ barring of boy, 9
Former Olympic swimmer Alex Fong renews criticism after lawmaker Kenneth Fok warns officials they ‘must not bury the talents of athletes’.
Live news: Shares of Hong Kong real estate groups rise on prospect of lower rates
Shares of Hong Kong companies exposed to the rate-sensitive real estate sector jumped on Friday after cooling US inflation data raised the likelihood of interest rate cuts. Henderson Land added 6.9 ...
57 Hongkongers lost HK$420,000 to online concert ticket scams within 1 week
Fifty-seven Hongkongers fell victim to concert ticket scams in a single week, with losses totalling HK$420,000 (US$53,786), police have warned. The spate of swindles prompted the force on Friday to ...
Hong Kong to limit number of cars from Guangdong, Macau entering city via mega bridge
Much-awaited ‘Southbound Travel for Guangdong Vehicles’ scheme will adopt ‘smaller scale’ launch, transport minister Lam Sai-hung says.
Hong Kong police to replace US-made service revolvers with mainland Chinese pistols
Sources say transition will take more than a decade, with move needed as US firm Smith & Wesson no longer making current service weapons.
Singapore and Hong Kong can collaborate in courtship of the super rich
Collaboration between the two financial hubs can enhance the region's wealth management landscape. Read more at straitstimes.com.
Hong Kong wealth gap narrows over past 15 years, but rival Singapore sees 23% increase
Wealth inequality drops by 6 per cent in past 15 years in Hong Kong, and academics say weakened property market and departures could be why.