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Posted on 03/06/2024

Hong Kong courts will make ‘red lines’ on national security clear through decisions on cases, outgoing Law Society president says

Chan Chak-ming, standing down as Law Society president, adds NGOs better placed than government to allay fears overseas fears about national security laws.

Posted on 03/06/2024

Hong Kong and Saudi regulators explore pact for financial services, ETFs

The regulators of Hong Kong and Saudi Arabia will explore ways to cross-list ETFs and foster two-way fund flows, according to the Securities and Futures Commission.

Posted on 03/06/2024

Citi Launches First-in-Hong Kong Citigold Private Client World Elite Debit Mastercard

HONG KONG SAR - Media OutReach Newswire - 3 June 2024 - Citi introduces the exclusive Citigold Private Client World Elite Debit Mastercard, the first-in-Hong Kong and highest tier of its kind offered ...

Posted on 03/06/2024

Former Hong Kong politician ‘major backer’ of firearms purchase from US in ‘Dragon Slaying Brigade’ plot, court hears

A core member of a team that partnered with the “Dragon Slaying Brigade” to plot a bomb attack on Hong Kong police in 2019 has told a court that a former district council election candidate financed ...

Posted on 03/06/2024

Hong Kong officials urged to reveal mega event line-up 6 months in advance to allow tourist trade to create products for visitors

Caspar Tsui of Federation of Hong Kong Hotel Owners says city lacks mindset to connect all events and advertise them as package for tourists to stay longer 'The [mega] events are all great, but if you ...

Posted on 03/06/2024

Hong Kong’s cable car attraction at 95% of pre-pandemic heights, lifted by strong recovery in tourism from Southeast Asia

Hong Kong’s Ngong Ping cable car attraction at 95 per cent of pre-pandemic heights, but long-haul visitor numbers from Europe and US still to bounce back.

Posted on 03/06/2024

Hong Kong IPO: GEM board welcomes its first small-firm listing in 3 years as UBoT soars 36% in trading debut

Hong Kong-based firm's shares rose as much as 36 per cent from its offer price on the first day of trading on Monday UBoT raised HK$68.75 million from its IPO, with the public tranche oversubscribed 2 ...

Posted on 03/06/2024

Hong Kong Stocks Surge Amid European Rate Cut Prospects

Hong Kong stocks climbed significantly on Monday, with the Hang Seng index marking its best day in over three weeks, driven by expectations of a rate cut in Europe. Mainland China shares dipped ...

Posted on 03/06/2024

Hong Kong police issue warning as more fake banknotes enter circulation

Police seized 3,396 fake notes of various denominations between January and April. Read more at straitstimes.com.

Posted on 03/06/2024

E-commerce propels Hong Kong Air Cargo

E-commerce is thriving and serving as a growth accelerator for Hong Kong Air Cargo. Airlines are seeing their e-commerce business boom as shippers invest ...

Posted on 03/06/2024

Chinese Courier Giant SF Holding Gets Greenlight for Secondary Listing in Hong Kong

SF Holding has received approval from China’s securities regulator to proceed with a secondary listing on the Hong Kong stock exchange. Should it be successful, SF Holding will become the first Chinese express delivery firm to float on both onshore and offshore bourses.

Posted on 03/06/2024

Hong Kong’s Paul Chan dismisses call to count residential properties as assets under capital-attracting entrant scheme

Hong Kong’s finance chief has dismissed a proposal to count residential properties as investments under a revised entrant scheme despite house prices stabilising, citing the sensitivity of such assets ...

Posted on 03/06/2024

Analysis-Red tape clogs China’s offshore IPO pipeline even as markets recover

More than a year after China pledged to smoothen the process for offshore listings, firms are reeling from a regulatory logjam that is unlikely to ease soon, and staring at the prospects of sharply ...

Posted on 03/06/2024

HSBC Buys back 5.55M+ Shrs for HKD383M in Total Last Fri

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 5.5526 million shares of the company for a total amount of HKD383 million last Friday (31 May) in the UK and Hong ... HSBC HOLDINGS ...

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