She and other industry leaders echoed the sentiments of Hong Kong’s Chief Executive Lee Ka Chiu, who noted the city’s traditional financial strengths and its fast rising prowess as an innovative and ...
Climate change: Hong Kong, mainland China firms trail regional peers for credibility of emissions targets, MSCI study finds
Only 1 per cent of large-cap Hong Kong-listed firms in the MSCI AC Asia-Pacific IMI index have set greenhouse gas reduction targets considered ‘fully’ credible, less than the regional average.
HSBC Buys back Shrs at $516M in Total in HK/ UK Last Fri
HSBC HOLDINGS (00005.HK)(HSBA.L) announced that it repurchased 3.9992 million shares of the company in London last Friday (24th) at GBP6.872-6.972 per share, with an average price of GBP6.9292 per ...
Spying Arrests Send Chill Through Britain’s Thriving Hong Kong Community
Hundreds of thousands of Hong Kongers have resettled in the U.K. since 2021, among them prominent pro-democracy activists. China has not forgotten them.
Hong Kong-based Cidi looks to Middle East as growth market for autonomous commercial vehicles amid construction boom
said the company’s expansion plan in the Middle East is driven by the region’s strong economic growth momentum and “mutually beneficial positioning with mainland China and Hong Kong”. “It’s a very ...
Chinese property developer Kaisa’s liquidation hearing adjourned
A Hong Kong court on Monday adjourned a hearing on a petition seeking the liquidation of Kaisa Group until June 24, giving the embattled Chinese developer some respite as it works on its debt ...
HSBC eyes synergies in wealth management, family office business amid robust profit growth in Asia
The UK lender aims to boost synergies through talent exchanges and client referrals in both cities in the coming years Pre-tax profit from HSBC's wealth management unit in Asia surged 51 per cent last ...
Hong Kong woos Chinese mainlanders eager for more cash and freedom
For Chinese people, the attractions are clear. Amid an economic slowdown and tightening political control in the mainland, Hong Kong offers higher salaries, lower taxes and greater relative freedom.
Hong Kong court adjourns liquidation hearing of China developer Kaisa
HONG KONG, May 27 (Reuters) - A Hong Kong court on Monday adjourned a hearing into a petition seeking the liquidation of Kaisa Group (1638.HK) , opens new tab until June 24, giving a breather to the ...
In pricey Hong Kong, residents flock to China for cheaper dining, shopping
Shenzhen is attracting Hong Kongers in droves with its superior entertainment options at a fraction of the cost.
Hong Kong taxis and Uber need not have a fight to the finish
Hong Kong cab drivers have evidently taken matters into their own hands, performing sting operations by posing as passengers hailing Uber rides and then calling the police on the Uber drivers. These ...
Hong Kong innovators look to world’s biggest biotech event in US to inject new life into projects
Sixteen companies and institutes from Hong Kong Science Park will attend Bio International Convention, dubbed world’s largest bio event, from June 3 to 6.
Hong Kong central bank extends deputy chief exec’s appointment for 2 years
Yuen will continue to be in charge of the full range of banking policy, supervision, conduct, and enforcement issues at the HKMA, the central bank said in a statement posted on its website. The ...
What HKMA’s second experiment with retail e-HKD means for Hong Kong residents
E-HKD will promote innovation in the financial services industry as the city moves closer to finding more use cases for the digital coin before it is rolled out to the public, experts say.