Category: BUSINESS

HSBC weighs down the Hang Seng Index as bank tumbles to the lowest level since 2009 amid concerns about Beijing punishment and an investigative report linking it to some fund movements offshore. ( read original story ...)

In the Spanish IESE Business School's global smart city ranking, Hong Kong was ranked the 10th among 174 cities in the world, and the 3rd in the Asia-Pacific region. The top five in the Asia-Pacific ... ( read original story ...)

HSBC weighs heavily on Hang Seng Index, heading for its lowest close since 1995, as the UK bank has been whipsawed by a range of issues on several fronts. ( read original story ...)

Some of Hong Kong developers are building up their cash hoard by selling noncore assets, eyeing new opportunities and bargains amid the longest stretch of market correction since at least 2016. ( read original story ...)

Chief Secretary Matthew Cheung warns worst is yet to come, but government spending already stretched in two tranches of wage aid. ( read original story ...)

Hong Kong’s loss-making bars and pubs woke up to brisk business on Friday evening after weeks of closure as social-distancing restrictions were relaxed, with customers happy to be out for a round or ... ( read original story ...)

Nearly one-fourth of those who joined the Employment Support Scheme, a major Covid-19-related relief measure, have sacked staff or failed to use all the aid to pay their wages. ( read original story ...)

Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. ( read original story ...)

Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. ( read original story ...)

Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus don’t go far enough. ( read original story ...)

A free press suppressed. A vote postponed. Dissent criminalized. China’s insidious reengineering of the region marches on, but not without a fight. ( read original story ...)

Chinese startup Kuaishou, backed by Tencent Holdings Ltd., is considering a Hong Kong initial public offering which could raise as much as $5 billion, according to people familiar with the matter. ( read original story ...)

Chinese short video giant Kuaishou is preparing to raise $5bn in a Hong Kong listing, according to several people familiar with the situation, as its main rival ByteDance struggles to resolve US and ... ( read original story ...)

Curio says listening increased 40% through the pandemic, despite a widespread belief that audio platforms are primarily used by commuters ... ( read original story ...)