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Category: BUSINESS

Posted on 15/02/2024

Hong Kong’s SFC warns jailed Macau ‘junket king’ Alvin Chau’s former firms over Russia deal

The SFC warned it may delist two companies formerly headed by Alvin Chau because of concerns about a US$116 million sale of assets in Russia.

Posted on 15/02/2024

Your chance to represent Hong Kong Asia’s Premier Business Hub

As a leading international financial centre, Hong Kong is a premier business hub for companies expanding business in Asia and tapping into fast-growing opportunities in the Guangdong-Hong Kong-Macau ...

Posted on 14/02/2024

Standard Chartered needs drastic action, not diplomatic polish

Higher dividends — the bank yields less than 3 per cent — and more share buybacks would help. But with current common equity tier one capital ratio in the middle of its targeted range of 13-14 per ...

Posted on 14/02/2024

Hong Kong stocks erase losses as Tencent, Alibaba, Galaxy set Year of the Dragon trading on winning course

Local stocks are eyeing a winning start to the Year of the Dragon as gains in Tencent, Alibaba and Galaxy overcome early jitters. Chinese firms suffer the brunt of deletions in MSCI’s latest review of ...

Posted on 14/02/2024

How Hong Kong independent bookstores are in flux amid closures – but it’s not all doom and gloom

Recent months have seen well-known independent bookstores close in Hong Kong after they were suspected of breaking various laws, but novel business models are seeing new ones emerge.

Posted on 14/02/2024

CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy

CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy ...

Posted on 13/02/2024

Hong Kong Lunar New Year bounce boosts restaurants, but 1 owner says he will close outlets because of gloomy economic outlook

On the first day of the Year of the Dragon, an estimated 44,000 revellers were drawn by the return of the annual Lunar New Year parade, lining the streets of Tsim Sha Tsui to enjoy the extravaganza of ...

Posted on 13/02/2024

Old Hong Kong has no future? Good, merge it with Shenzhen

The status of the city as an outpost of the imperial West, and as a wedge against mainland China after 1997, has come to an end. Its bright future is to be another Chinese city, but not just Someone ...

Posted on 13/02/2024

Hong Kong must be ready as global businesses continue to follow money trail to China

Readers discuss why pessimistic predictions about Hong Kong need not come to pass, and the city's enactment of its own national security law Feel strongly about these letters, or any other aspects of ...

Posted on 13/02/2024

Why did Michelle Yeoh’s first marriage to Dickson Poon end? The Malaysian megastar finally wed motorsports mogul Jean Todt in 2023, but remains close to Hong Kong’s …

Hong Kong business magnate and movie producer Dickson Poon met the actress during filming for Yes, Madam in 1985 - the pair married in 1988 and never had children Despite divorcing after just 4 years, ...

Posted on 12/02/2024

Hong Kong Lunar New Year bounce boosts restaurants, but one owner says he will close outlets because of gloomy economic outlook

Restaurateurs say Lunar New Year business 'exceptionally good', especially for Chinese restaurants But Ray Chui, chairman of Kam Lee Holdings, says eight of his 42 restaurants are slated for closure ...

Posted on 12/02/2024

Over 1,500 visitors depart Hong Kong after Lunar New Year fireworks under extended crossing hours to prevent overcrowding

Authorities extended opening hours at Lo Wu and Shenzhen Bay crossings to avoid repeat of scenes of stranded mainland Chinese tourists after New Year's Eve Lawmaker Edward Lau praises 'smooth and ...

Posted on 12/02/2024

Thousands of worshippers throng to Hong Kong’s Che Kung Temple in search of good health, peace in Lunar New Year

Devotees light incense sticks before Che Kung statue and thank deity for tiding them over Covid pandemic 'I pray to Che Kung every year, and thanks to Che Kung my life has been without many challenges ...

Posted on 12/02/2024

Fall-out from Lionel Messi’s Hong Kong no-show is anything but friendly

Non-students of Spanish football history might have been a bit befuddled by the fuss over Atletico Madrid president Enrique Cerezo calling Athletic Club “Bilbao” last week – when they’re from Bilbao.

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