Category: FINANCE

Taxi industry faced a large-scale halt in operations after more than 11,000 drivers were given one week's notice before their coverage was terminated Four providers offer help but taxi association ... ( read original story ...)

HSBC Holdings PLC's China securities brokerage joint venture partner is selling most of its equity ownership, an exchange filing showed, and a source with knowledge of the matter said the bank was ... ( read original story ...)

The new rules include a ban on flights from eight countries for two weeks from Jan. 8, effecting Britain, the United States, Canada, Australia, Pakistan, Philippines, France and India. Lam was ... ( read original story ...)

Standard Chartered Plc has started operating in split teams in Hong Kong, a bank spokesperson said on Wednesday, as the Asian financial hub announced tough new restrictions after an increase in new ... ( read original story ...)

A Hong Kong cruise ship carrying 3,700 people was ordered back to port on Wednesday for virus testing after nine people were found to be close contacts in an Omicron variant outbreak. ( read original story ...)

Sirnaomics Ltd. became the first RNA therapeutics company to list on the Hong Kong Stock Exchange (HKEX) with a $64 million initial public offering. Its shares (HKEX:2277) have since surged, rising to ... ( read original story ...)

Analysts at Bank of America raised their target price for shares of HSBC, telling clients that the prospects for share buybacks by the lender were brightening. ( read original story ...)

Analysts at Citi reiterated their 'buy' recommendation for shares of IAG while downgrading that for WizzAir to 'sell', in anticipation of a better performance by long haul carriers in comparison to ... ( read original story ...)

Speculation is growing that authorities may make it easier for companies to list in Hong Kong than in other offshore financial hubs. ( read original story ...)

Hong Kong leader Carrie Lam said on Tuesday she could not accept suggestions that press freedom in the city faces "extinction", just days after police raided an online media outlet and arrested seven ... ( read original story ...)

Jailed Hong Kong democracy activist Chow Hang-tung was found guilty on Tuesday of inciting residents to commemorate the Tiananmen crackdown, her second conviction over a chapter of China's past that ... ( read original story ...)

Hong Kong’s banking industry is ill-prepared to tackle extreme climate risk scenarios in the future — and needs to put in place measures soon to manage such risks. The Hong Kong Monetary Authority ... ( read original story ...)

Shares of Chinese artificial intelligence giant SenseTime Group Inc. are set to finish their first week of trade at more than double the price they listed, defying the impact of U.S. sanctions that ... ( read original story ...)

Shares of artificial intelligence company SenseTime rose 20% after the opening bell on Tuesday to as much as HK$9.7 apiece, up 152% since the company priced its IPO at HK$3.85 in late December. The ... ( read original story ...)