Hong Kong's Cardinal Joseph Zen - in his first public remarks since he was arrested in a national security case earlier this month - on Tuesday criticised the Vatican for its "unwise" deal with China ... ( read original story ...)
Climate risks could cut profits at HSBC, Standard Chartered and other banks by 15 per cent, Bank of England says
Hong Kong is the largest market for HSBC and Standard Chartered, which are based in London with the Bank of England as their chief regulator. The stress test used three scenarios to examine the ... ( read original story ...)
Arrested Catholic cardinal denies charges amid Hong Kong’s crackdown on dissent
The former leader of Hong Kong's Roman Catholics and five others have denied charges related to a fund aimed at helping antigovernment protesters. ( read original story ...)
Hong Kong Catholic churches will not hold annual Tiananmen memorial mass for first time in decades over national security law concerns
Hong Kong Catholic diocese reveals decision on Tuesday, saying there are ‘different ways to remember the deceased’. ( read original story ...)
When the Standard Chartered Bank built its new headquarters building in Hong Kong in 1990
The Standard Chartered Bank’s new building was built on the site of its old headquarters, and when it was finished it was taller than Hong Kong Bank’s new headquarters. ( read original story ...)
Hong Kong’s Cardinal Zen Pleads Not Guilty to Fund-Filing Charge
Cardinal Joseph Zen appeared in court alongside five others to deny charges of failing to register a fund that offered legal and financial aid to arrested antigovernment protesters. ( read original story ...)
Hang Seng Index adds 30 metaverse-related Chinese companies
Hang Seng Index Company is a subsidiary of major Hong Kong bank Hang Seng Bank, which is widely known for its product Hang Seng Index. Director and Chief Index Officer of Hang Seng Indexes Company, ... ( read original story ...)
FWD gets greenlight for IPO
The group plans to raise $1b. Asian insurer FWD Group Holdings Ltd has received a greenlight for its planned $1b initial public offering (IPO) in Hong Kong, according to reports. An insider said the ... ( read original story ...)
Free speech row erupts after HSBC suspends banker over climate change criticism
The head of one of HSBC’s biggest rivals has launched a defence of "free speech" after it suspended a senior banker for criticising the febrile tone of the climate debate. Bill Winters, chief ... ( read original story ...)
China’s central bank issues 25b yuan of bills in Hong Kong
BEIJING - China's central bank issued 25 billion yuan ($3.74 billion) worth of central bank bills in the Hong Kong Special Administrative Region on Monday. Of the total, 10 billion yuan worth of ... ( read original story ...)
Travellers leaving Hong Kong could continue paying airport construction fees until at least 2033 to help fund third runway, authority says
Travellers leaving Hong Kong are likely to continue paying a tax to help fund ... and the resulting lack of income from construction fees has severely affected the authority’s financial position, ... ( read original story ...)
HSBC reportedly suspends top banker over comments that downplayed climate change, earned rebuke from the bank’s CEO
Stuart Kirk, the global head of responsible investing at HSBC Asset Management, has been suspended pending an internal inquiry, according to a media report Kirk reportedly said climate change was not ... ( read original story ...)
China’s central bank issues 25 bln yuan of bills in Hong Kong
China's central bank issued 25 billion yuan (about 3.74 billion U.S. dollars) worth of central bank bills in the Hong Kong Special Administrative Region on Monday. Of the total, 10 billion yuan worth ... ( read original story ...)
HK Medical Association Sells Out HSBC Shrs, Ditches Over 30-yr Positions
An anonymous shareholder of HSBC HOLDINGS (00005.HK) proposed a spin-off of the Asian business, according to reports in early May. In reply to Hong Kong Economic Journal, Hong Kong Medical Association ... ( read original story ...)