Zhen, Laura Matthews HONG KONG/NEW YORK (Reuters) -Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer sentiment are expected to ...
Hong Kong Finance ‘Czar’ Yam Is Frontrunner as Next HKEX Chair
Hong Kong Monetary Authority’s founding chief executive, Joseph Yam, has emerged as the leading candidate to become the next chairman of city’s stock exchange, according to people familiar with the ...
Hong Kong Stocks Are in a Bear Market, Another Sign of Trouble in China
The Hang Seng Index has fallen more than 20 percent from its recent high, as investors grow more pessimistic about China’s post-pandemic recovery.
Luxury Maternity Care Center Saint Bella Weighs Hong Kong IPO in 2024, Sources Say
Saint Bella, a Chinese maternity care company that partners with upscale hotels to provide women with luxurious spaces to recuperate in after giving birth, is considering an initial public offering in ...
Hong Kong stocks set for worst weekly sell-off since June as debt defaults, yuan slide trouble investors
Hong Kong stocks fell, adding to the biggest weekly decline in two months, amid concerns about spreading debt defaults in China’s property industry and shadow banking fallout. Investors also trimmed ...
Zhou Xiaochuan to headline the financial heavyweights at the Chinese sovereign wealth fund’s global advisory council meeting in Hong Kong on September 19
Over 600 participants are expected to join the forum, which will be held at the Ritz Carlton hotel in West Kowloon The two-day closed door forum is themed the "promotion of global industrial ...
Hong Kong’s West Kowloon arts hub submits plan to shake up finances, warns show may not go on after 2025 without new revenue sources
Head of Hong Kong’s arts hub says managing body has submitted plan to government on how it can utilise cultural district’s land to become financially self-sufficient.
Hang Seng Bank Expands Its Cross-Border Wealth Management Presence
Hang Seng Bank, capitalizing on the two-year-old "wealth connect" system that integrates mainland China, Hong Kong, and the broader Greater Bay Area, is expanding its footprint in the cross-border ...
Hong Kong Internet Rebounds
Mainland China outperformed the region and Hong Kong-listed internet stocks rebounded following positive earnings releases from Tencent and JD.com.
Hong Kong’s crypto stance: Execs weigh in on Web3 in the region
Matthew Cheung from HKVAX believes that the Hong Kong's licensing framework solves the banking issues faced by crypto projects in the region.
Hong Kong Seeks Public Help in Purging Library Books
Hong Kong Public Libraries (HKPL) began reviewing books for potential breaches of the national security law (NSL) imposed by Beijing in 2020 to restore order in the city, which was rocked by weeks of ...
Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent. Hong Kong’s Insurance Authority (HKIA) and Monetary Authority ...
China stocks flat, HK shares hit 9-month low on property sector crisis
China stock indexes were flat on Thursday while the Hang Seng Index sank to a nine-month low, as the deepening property crisis and concerns about potential spillover from payment woes of shadow ...
Hong Kong Mind Space museum uses simulated hallucinations to educate public on public health
The experiential facility, a first of its kind in the city, uses virtual reality technology to recreate hallucinations experienced by patients suffering serious mental health issues.