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Category: FINANCE

Posted on 04/04/2023

Hang Seng Bank offers free taxi rides as part of rebranding campaign

Hang Seng Bank is offering free taxi rides for Hong Kong citizens, inviting the local community to "hop aboard" the new wave of its "Ever Growing, Ever Rewarding!" celebration. This comes as the brand ...

Posted on 04/04/2023

Syngenta’s US$9.5 billion IPO in China remains in limbo after unexplained last-minute cancellation of listing meeting

The seed and agrichemical producer, controlled by China National Chemical Corp, has received no official explanation, nor any word on next steps, leaving traders to speculate about the reason behind ...

Posted on 04/04/2023

Hotpot ingredient supermarket considers US$500 million HK IPO, sources say

Co, a hotpot and barbecue ingredient supermarket chain, is considering a Hong Kong initial public offering that could raise US$300 million to US$500 million, according to people familiar with the ...

Posted on 03/04/2023

Hong Kong’s crypto comeback should make the U.S. uneasy

Hong Kong's pivot back to crypto comes as the U.S. risks overplaying its hand when it comes to global financial regulation.

Posted on 03/04/2023

Hong Kong’s ‘moneymaking genes’ help it trump charmless Frankfurt, LA and Singapore, says tycoon Ronnie Chan

While some international cities that are well-equipped with hotels and airports are "artificial" and "super boring", Hong Kong is also "full of charm", which makes it a favourable destination for ...

Posted on 03/04/2023

Hotpot Ingredient Supermarket Considers $500 Million HK IPO, Sources Say

Guoquan Supply Chain (Shanghai) Co., a hotpot and barbecue ingredient supermarket chain, is considering a Hong Kong initial public offering that could raise $300 million to $500 million, according to ...

Posted on 03/04/2023

Chinese Mainlanders Rush to Open Hong Kong Banking Accounts After SAR Reopened Its Borders

About 60 percent of Chinese mainlanders traveling to Hong Kong soon after its reopening on Feb. 6 said their visits were for personal financial reasons, according to a recent survey. Reservations from ...

Posted on 03/04/2023

Hong Kong police hunt for 6 fraudsters who conned man, 54, out of HK$540,000 in online romance scam

One of the swindlers claimed to be a female cryptocurrency expert, struck up a relationship with victim on social media and convinced him to invest Man transferred money into five designated bank ...

Posted on 03/04/2023

With Hong Kong budget in the red, Regina Ip is not wrong to question costly Lantau Tomorrow Vision

Ip wants priority for the cheaper Northern Metropolis project, which will provide homes for five times as many people and a more natural fit given the Greater Bay Area Given Hong Kong's budget ...

Posted on 03/04/2023

HSBC’s Top Executives Face HK Shareholders Amid Spinoff Pressure

HSBC Holdings Plc’s senior executives are set to face its Hong Kong shareholders — from retirees to taxi drivers — as the lender seeks to fend off a push in Asia to split the bank.

Posted on 03/04/2023

Top graduates in Singapore, Malaysia eyeing Hong Kong career path: Paul Chan

Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie.

Posted on 02/04/2023

Hong Kong is charting its own web3 path despite China’s anti-crypto stance

While these developments are encouraging signs to some, others question whether the semi-autonomous region has the right conditions for building all forms of web3 organizations and businesses to ...

Posted on 02/04/2023

Many top university graduates in Singapore, Malaysia eyeing career path in Hong Kong, finance chief Paul Chan says after Southeast Asia visit

Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie He says students interested in city's recently launched ...

Posted on 02/04/2023

Hong Kong property: Wheelock sells 75 per cent of flats in first batch of Koko Mare project in Lam Tin

Homebuyers snapped up 103 of 138 flats at Wheelock Properties' Koko Mare in Lam Tin within three hours on Saturday Property demand has surged in Hong Kong amid hopes that the city has reached the peak ...

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