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Category: FINANCE

Posted on 18/12/2023

Hong Kong Tennis Open: Mackenzie McDonald aims to solve puzzle on his return to China – ‘Asian fans love tennis’

The American, whose mother is Chinese, proved a crowd favourite at the Zhuhai Championships and should again be a star attraction at the Hong Kong event this month.

Posted on 18/12/2023

HSBC Holdings plc: Hong Kong Banks: Trimming Valuations for Hang Seng Bank and BOCHK but Shares Still Undervalued

Find the latest HSBC Holdings, plc. (HSBC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance ...

Posted on 18/12/2023

Retail investors in Hong Kong could mobilise US$18 billion for climate action by 2030, according to Standard Chartered

Hong Kong’s retail investors could mobilise US$18 billion in capital towards investments in climate change by 2030, according to Standard Chartered’s latest sustainable banking report released on ...

Posted on 18/12/2023

Hong Kong’s retail CBDC pilot programme readies for take off

The Hong Kong Monetary Authority has published a report concluding that the introduction of a retail CBDC can meaningfully contribute to the existing payment ecosystem ...

Posted on 18/12/2023

Hong Kong bankers’ uneasy dance with property tycoons

Next year, close to $25.6 billion of bank loans taken out by Hong Kong’s property developers will be due, and only 15% of them have been — or are close to being — refinanced. Whether banks will ...

Posted on 18/12/2023

China’s REPT Battero shares rise 5% in Hong Kong trading debut

Hong Kong's broader Hang Seng Index was down 0.9 per cent early on Monday. REPT was the latest in a string of Hong Kong IPOs to price at the lower end of the band because of weak investor demand.

Posted on 18/12/2023

Belts may have to be tightened, Hong Kong’s finance chief Paul Chan warns as public consultation on next year’s budget begins

Paul Chan says deficit expected to be just over HK$100 billion, much higher than HK$57 billion suggested earlier.

Posted on 18/12/2023

Hong Kong’s cash-for-residency scheme can attract more family offices as it vies with Singapore, industry players say

Family office operators say many of their customers have shown an interest in the soon-to-launch migration scheme, particularly those from mainland China.

Posted on 18/12/2023

US Calls For Release Of Hong Kong Media Tycoon Jimmy Lai Ahead Of Trial Start

The United States on Sunday called for the immediate release of Hong Kong pro-democracy media tycoon Jimmy Lai, shortly before he was to stand trial in the Chinese city on national security charges ...

Posted on 18/12/2023

Pessimism abounds in Hong Kong’s property market even as interest-rate outlook improves

Hong Kong may have seen the last of the interest rate hikes in the current tightening cycle, but analysts warn this may not prevent property prices from slipping further.

Posted on 18/12/2023

Witness against Hong Kong media mogul was mistreated, Post examination finds

and eventually to Andy Li’s personal bank account in Hong Kong, according to court documents. Simon was then the group director for Next Digital, Apple Daily’s parent company. Supporting the ...

Posted on 17/12/2023

Belts will have to be tightened, Hong Kong’s finance chief Paul Chan warns as public consultation on next year’s budget opens

Financial Secretary Paul Chan says city expected to remain in the red next year as economic growth slows because of world trends.

Posted on 17/12/2023

Hong Kong lays out ‘aggressive’ goals to ramp up food production, but does it have enough land and interested workers?

Farms are located mostly in the urban fringes and took up just 0.007 per cent of Hong Kong’s land area. Fung argued that with better financial and technological support, farmers could adopt more ...

Posted on 16/12/2023

Hong Kong Billionaire Professor Tang Xiao’ou, Cofounder Of AI Giant SenseTime, Dies At 55

Tang Xiao’ou, who also taught information engineering at the Chinese University of Hong Kong, died of an unspecified illness, according to SenseTime.

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