Category: FINANCE

Hong Kong-based HashKey Group will take up a floor in Three Exchange Square owned by Hongkong Land, the real estate firm said in a statement Wednesday. The lease represents an evolution of the company ... ( read original story ...)

Rents in Central have fallen by 26.4 per cent from their peak in the second quarter of 2019, providing an incentive for some firms to return to the main business district. ( read original story ...)

In February, the Hong Kong Monetary Authority (HKMA) announced it had teamed up with the Bank of Thailand, the Central Bank of the UAE, the People’s Bank of China (PBoC), and the Bank for ... ( read original story ...)

HSBC welcomes the announcement of the implementation arrangements of the Cross-boundary Wealth Management Connect Pilot Scheme. The range of eligible products and distribution channels stipulated in ... ( read original story ...)

Real estate giant China Evergrande Group Tuesday warned of default risks after accumulating a whopping debt of $305 billion and two subsidiaries failing to uphold financial guarantee obligations. ( read original story ...)

A former chairman of Bank of Communications (Hong Kong) has been missing since Sunday while on a hike in a Hong Kong country park, sparking a two-day air-and-land search by emergency teams. The rescue ... ( read original story ...)

The health of China’s real estate sector is in the spotlight with reports property giant Evergrande could default on its $300bn debt pile, and that the private banking arms of Credit Suisse and ... ( read original story ...)

Observers are divided on how the wealth distribution push in the mainland will affect the financial hub.. Read more at straitstimes.com. ( read original story ...)

Heytea, the Chinese bubble tea maker, has tapped UBS Group for its potential Hong Kong initial public offering (IPO) as soon as next year, according to people familiar with the matter.. Read more at ... ( read original story ...)

American magician David Copperfield claimed to have ‘reinvented magic’ when he arrived in Hong Kong to perform a week of shows in September, 1988. ( read original story ...)

The Hong Kong stock market headed south again on Monday, one session after ending the two-day slide in which it had tumbled almost 650 points or 2.4 percent. The Hang Seng Index now rests just above ... ( read original story ...)

While global firms that have relied on China-related work in Hong Kong are being impacted by the gradual decoupling of the U.S. and China, Milbank is thriving as it focuses on work in other parts of ... ( read original story ...)

HSBC's U.S. division announces augmented offerings to its expanded Global Wallet platform by adding new currencies and allowing customers to "receive like a local" via the same business account. ( read original story ...)

Amended tax guide for charitable institutions and trusts applies with immediate effect, according to minister Christopher Hui. ( read original story ...)