Chinese appliance maker Midea Group Co.’s shares gained as much as 4.9% in gray-market trading ahead of their Tuesday debut in Hong Kong.
HSBC’s new CEO is looking to shake up Europe’s largest lender
WITH just two weeks under his belt as the new chief executive officer of HSBC Holdings, Georges Elhedery has made it clear he’s looking to make his mark on the bank. Read more at The Business Times.
HSBC’s new CEO looking to shake up Europe’s largest lender
He needs to shave off US$2 billion in costs to sustain a key measure of bank’s profits. Read more at straitstimes.com.
Ex-executives of Jimmy Lai’s Hong Kong media company file legal challenge against global accounting firm BDO
Two former executives of Hong Kong’s Next Digital media group have filed a legal challenge against global accounting firm BDO, accusing it of helping city authorities to liquidate the company founded ...
Hong Kong stocks decline as investors react to China’s economic data and Fed rate decision
Asian markets showed mixed results Monday with Hong Kong falling on weak data, while Australia and Taiwan saw gains. Typhoon Bebinca disrupts travel in China.
Citigroup is looking to hire talent in Hong Kong in wealth push
CITIGROUP plans to add talent in Hong Kong as it’s bullish on the city and its links with the surrounding Greater Bay Area in mainland China, according to its wealth chief. Read more at The Business ...
Hong Kong arts hub could tap private investors to finish building facilities: Bernard Chan
West Kowloon Cultural District Authority vice-chairman says naming rights up for grabs, with only about 50 per cent of cultural sites built Private sector funds could be used for the construction of ...
Hong Kong Expected To Open In The Green
The Hong Kong stock market has moved higher in two straight sessions, collecting more than 260 points or 1.5 percent along the way.
Press statement of Gov. Gwen Garcia’s legal counsel
IT HAS come to our attention that the news regarding the decision of the Supreme Court dated December 4, 2023 in a case between Hongkong Shanghai Banking Corp.
Cebu gov told to pay bank $700,000 in damages
Cebu Gov. Gwendolyn Garcia may have to hand over some $700,000 (about P39 million) to a bank after the Supreme Court rejected her petition challenging the alias writ of ...
SC orders Cebu governor to settle bank debt
The Supreme Court (SC) has ordered Cebu Gov. Gwendolyn Garcia to settle her debt to a foreign bank as it denied her petition to block the order for her to pay. In a 12-page decision promulgated in ...
Hong Kong’s HK$50 billion Silver Bonds issue a ‘win-win investment’, says Paul Chan
Financial Secretary Paul Chan says bonds will offer elderly residents a safe and reliable place to park their money Hong Kong's finance chief has hailed a coming government issue of HK$50 billion ...
Malaysia to wait for Hong Kong’s policy direction on Islamic finance before helping: envoy
Consul General Muzambli Markam also says city can learn to better accommodate Middle Eastern consumer behaviour preferences Hong Kong must provide a "clear direction" for how it wants to develop its ...
Hong Kong’s financial regulator weighs new licensing rules for OTC crypto firms
Hong Kong’s financial regulator is considering a new licensing regime for cryptocurrency over-the-counter (OTC) trading services. According to a South China Morning Post report citing unnamed sources, ...