Deputy CEO of city's de facto central bank cites exchanges on recent trip to region, says there is keen interest in financial hub He touts Hong Kong's fertile, mature ground for bonds, and standing as ...
Westpac’s fraught Hong Kong exit latest drama for Aussie banks in Asia
Singapore | Tokyo | Westpac has been fined by Hong Kong’s financial regulator for breaching anti-money laundering and counterterrorism rules in the latest headache for the bank that is leading ...
Kitten ruse costs woman RM3.36mil in Hong Kong crypto scam
HONG KONG, Feb 11, 2023 (AFP): A Hong Kong woman trying to adopt ... Friday showed a sharp rise in scams in the city involving digital currencies. The Chinese finance hub has been encouraging ...
HSBC complicit in Hong Kong rights abuses, inquiry by UK politicians concludes
An inquiry by UK MPs and peers has concluded that British banking giant HSBC has been complicit in rights abuses in Hong Kong by denying Mandatory Provident Fund (MPF) pension payouts to those who ...
Hong Kong’s John Lee says he met oil giant Saudi Aramco bigwigs under ‘very positive atmosphere’ as he concludes Middle East trip, reveals Asean, Greater Bay Area as next …
Chief executive does not elaborate on details of talks to lure firm into local listing He says next work trip likely to be countries in Southeast Asia as well as to cities in the Greater Bay Area Hong ...
Backlash over $3.4 billion Hong Kong housing scheme poses headache for Lee
A flagship $3.4 billion plan by Hong Kong to build temporary housing to ease a massive shortage is facing fierce criticism over its high cost and the absence of a longer-term solution.
Middle Eastern businessmen shrug off Western concerns over Hong Kong’s national security law, city’s deputy justice minister says
Deputy Justice Minister Horace Cheung says region's businessmen have not raised any concerns over law that West claims has undermined investor confidence in city Cheung, who is accompanying city ...
Few Hong Kong workers expecting pay raise in 2023
This is despite a recent report from Willis Towers Watson that many employers across the Asia Pacific region are budgeting for a higher pay raise this year. In Hong Kong, the 2023 ...
Hong Kong and UAE to explore new collaboration opportunities
Hong Kong and the UAE have decided to explore new collaboration opportunities with a key focus on finance, technology and ...
HSBC, Bank of China (Hong Kong) push digital payment services as border reopening promises e-commerce boost
HSBC and Bank of China (Hong Kong), two of the city’s major lenders, have expanded their digital payment services to support cross-border transactions as the reopening of China’s border is expected to ...
John Lee jetting off to Middle East, Southeast Asia a stopgap measure, not a solution for Hong Kong’s economic woes, experts say
Emerging market focus understandable given current geopolitical tensions, but city will still need traditional markets such as US and Europe, observers say.
‘Online lover’ swindles Hong Kong investment manager out of HK$12.8 million inheritance in 1 month through bogus cryptocurrency trading
Swindler, claiming to be a female cryptocurrency investment expert, developed a relationship with the man through the internet, police say Source says victim lost total of HK$12.8 million recently ...
Hong Kong stocks arrest two-day slide on mainland fund inflows as Fed terminal rate outlook caps advance
Local stocks chalk up marginal gains in early trading. Investors get a boost from China reopening story while concerns about the Fed’s tightening moves are seen reining in risk-taking.
Hong Kong private hospital to make deal with government to serve public patients in return for HK$4 billion loan repayment postponement
Chinese University's hospital has agreed to provide public healthcare services, hoping it can start paying off HK$4 billion loan in 2028 CEO says hospital would not have been able to continue ...