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Category: FINANCE

Posted on 31/03/2023

Hong Kong transgender protesters say government is not abiding by landmark ruling

noting that ordinary acts like going to the bank or a public toilet could become problematic. According to a study conducted by the Sexualities Research Program at the Chinese University of Hong Kong ...

Posted on 31/03/2023

HSBC takes centre stage in positioning Hong Kong as an international wealth hub for family offices

With 158 years of history in Hong Kong, HSBC is committed to providing support that helps customers and communities to thrive. It is part of the collaborative effort to develop Hong Kong as an ...

Posted on 31/03/2023

Sevens set for 46-year first as World Series returns to Hong Kong

The world-famous Hong Kong skyline provided the backdrop as captains of the 28 men’s and women’s teams gathered ahead of the Cathay/HSBC Hong Kong Sevens which kicks off on Friday, 31 March. The ...

Posted on 30/03/2023

HSBC launches digital Lombard lending service

HSBC has introduced a digital Lombard lending service for its high-net-worth and ultra-high-net-worth clients in Hong Kong to support their wealth management needs.

Posted on 30/03/2023

Asia markets trade mixed; ASX hits two-week high as banking fears ease

Asia-Pacific markets were trading mixed on Thursday, with Australia's benchmark index hitting a two week high as concerns on the recent banking turmoil in the U.S. and Europe ease. In Australia, the S ...

Posted on 30/03/2023

Hong Kong police crack money-laundering syndicate suspected of processing HK$119 million in 2 months

Police arrest 11 suspects in operation on cross-border syndicate suspected of handling scam proceeds Scams took place in mainland China and included investment frauds, fake-official scams and ...

Posted on 30/03/2023

Stocks firmer as investors bet banking crisis is behind them

The Tokyo Stock Exchange (TSE) building is seen in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato ...

Posted on 30/03/2023

Hong Kong’s ‘perfect’ liveability, low taxes are advantages as global finance hub: Paul Chan

Hong Kong's finance chief Paul Chan highlights city's advantages like low taxes, 'perfect' liveability, government-backed ecosystem for start-ups He also makes a strong pitch for the city boosting its ...

Posted on 30/03/2023

Hong Kong police seek HK$5.2 billion for new 5G system to handle ‘massive’ data gathered by frontline officers

The HK$5.2 billion will cover expenses across six financial years, including HK$1.28 billion for ... imposed export bans on defence equipment and dual-use technologies to Hong Kong, hours after ...

Posted on 30/03/2023

‘Companies are holding out’: Global IPO market slump endures

Ringo Choi, EY’s IPO leader for Asia Pacific — a region that saw a dip ... which could spur a revival, Choi noted. Hong Kong’s Chief Executive John Lee, for example, recently traveled to Saudi Arabia ...

Posted on 30/03/2023

Black Ferns Sevens and All Blacks Sevens set their sights on Hong Kong return

The All Blacks Sevens and Black Ferns Sevens teams return to the HSBC Hong Kong Sevens this weekend. After successfully qualifying for the 2024 Paris Olympics and securing their fourth successive ...

Posted on 30/03/2023

Chinese Tycoon’s $271 Million Mansion Seized in Hong Kong

A Chinese tycoon’s $271 million mansion in the luxurious Peak neighborhood of Hong Kong was taken away by a bank, just years after the businessman made headlines with his record-breaking shopping ...

Posted on 30/03/2023

Hong Kong stocks waver as Alibaba and Kuaishou extends rally while China Life slumps on earnings concerns

Most Hong Kong stocks weakened as losses Baidu and China Life dragged the benchmark index down from a three-week high. Alibaba Group reached a five-week high, while Kuaishou Technology and PetroChina ...

Posted on 30/03/2023

HSBC HOLDINGS Drifts Lower by Almost 6% on Fear of High-risk Bond Exposure

HSBC HOLDINGS (00005.HK) drifted 5.9% lower to close the midday at $50.65, as risk aversion was fueled further by HSBC's high-risk bond exposure linked to Credit Suisse (CS.US)... Prior to this, ...

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