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Category: BUSINESS

Posted on 18/02/2024

‘Expats’ Episode Puts the Spotlight on Hong Kong’s Domestic Underclass

Showrunner Lulu Wang explains the creative decisions behind the feature-length penultimate installment, which also depicts the territory’s 2014 pro-democracy Umbrella Movement.

Posted on 17/02/2024

Hong Kong’s New European Coproduction Funding Scheme Is Aimed at Industry Revamp: ‘We Want Our Movies to Be More Diversified’

The Hong Kong-Europe-Asian Film Collaboration Funding Scheme being launched this week in Berlin is intended as a major component of an exercise in rehabilitating and internationalizing the Hong Kong ...

Posted on 17/02/2024

Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse

The debt crisis at Redsun Properties is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China’s housing market struggles to overcome a three-year slump.

Posted on 16/02/2024

Exclusive: HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk

HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans amid growing economic headwinds and property sector crisis in China, said two ...

Posted on 16/02/2024

Hong Kong’s ‘Chubby Hearts’ art installation organiser says it hopes project will spread message of love in city and enhance space

Anya Hindmarch-designed giant heart-shaped balloons will float in Central’s Statue Square Gardens and elsewhere from Valentine’s Day until February 24.

Posted on 16/02/2024

Hong Kong residents, businesses slowly waking up to Greater Bay Area’s potential – but more needs to be done, say experts and politicians

More Hongkongers are visiting, working, living across the border as Beijing blueprint for region takes shape Anti-government protests in 2019, Covid-19 pandemic among reasons city did not take full ...

Posted on 15/02/2024

Hong Kong should step up explaining security law to foreign firms and convince them to use city as base for Greater Bay Area expansion, CY Leung says

Leung says the draft legislation for Article 23 is comparable with countries such as Singapore, which recently acted against a Hong Kong-born citizen under a law to counter foreign interference Former ...

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 ...

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