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Posted on 23/05/2024

Hong Kong central bank studies AI’s impact on banking jobs and skills

The Hong Kong Monetary Authority announced that it updated its Supervisory Policy Manual to require banks to set a clear direction for manpower development.

Posted on 23/05/2024

Hongkong Land to expects ‘significantly lower’ H1 profits amid weak buyer sentiment in China

PROPERTY developer Hongkong Land said that it expects its underlying profit for H1 FY2024 to be “significantly lower” than the previous financial year as it faces slower sales in China. Read more at ...

Posted on 23/05/2024

HANG SENG BANK Buys back 450K Shrs for $47.16M

HANG SENG BANK (00011.HK) disclosed in its statement that it repurchased 450,000 shares of the company on the Stock Exchange of Hong Kong at $102.9-105.4 per share on 2 May, involv... HANG SENG BANK ...

Posted on 23/05/2024

HANG SENG BANK Repurchases 300K Shrs for $34.78M

HANG SENG BANK (00011.HK) disclosed in its statement that it repurchased 300,000 shares of the company on the Stock Exchange of Hong Kong at $114.5-117.2 per share on 22 May, involving about $34.78 ...

Posted on 23/05/2024

Hang Seng slips below 19,000 as Hong Kong stocks tripped by patchy earnings, hawkish US Fed

Hong Kong stocks declined for the third straight day, with the benchmark breaching the 19,000 psychological support as patchy corporate earnings made investors jittery. Optimism also sagged after ...

Posted on 23/05/2024

Segantii to return capital amid Hong Kong insider dealing probe

Hong Kong’s Securities and Futures Commission said this month that it was bringing criminal proceedings against Segantii, Sadler and a former Segantii employee, Daniel LaRocca. Segantii has previously ...

Posted on 23/05/2024

Alibaba’s Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale

Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds.

Posted on 23/05/2024

Increasing Chinese calligraphy practice can reduce risk of dementia, Hong Kong study finds

Chinese University of Hong Kong researchers find increasing activity time among calligraphers has positive effects on brain networks overseeing memory, attention, self-reflection and envisioning ...

Posted on 23/05/2024

Hong Kong Ethereum ETFs See Record Low Volumes, Will US Products Succeed?

Despite being first in the market, Hong Kong's Ethereum ETFs fail to gain traction with daily trading volumes dropping to their lowest.

Posted on 23/05/2024

Hong Kong stocks slide as investors rattled by patchy earnings, hawkish US Fed minutes

Other key Asian markets also traded lower after the hawkish Fed minutes. Australia’s S&P/ASX 200 dropped 0.7 per cent and South Korea’s Kospi weakened 0.2 per cent. Japan’s Nikkei 225 added 0.6 per ...

Posted on 23/05/2024

Hong Kong is a gateway between Middle East and China, says Secretary for Justice

Speaking at a forum titled “Hong Kong - The Common Law Gateway for UAE Businesses to China and Beyond” held in Dubai ...

Posted on 23/05/2024

Jackie Chan to Tony Leung: 10 richest Hong Kong actors with massive net worths

Keen to know the richest Hong Kong celebrities? Let's take you through the top 10 richest Hong Kong actors who are worth millions.

Posted on 23/05/2024

Gate.io Ceases Operations in Hong Kong amid Tightening Crypto Regulations

Gate.io announced that it would cease operations of its Hong Kong-based Gate HK and it has officially withdrawn its license application.

Posted on 23/05/2024

How to unlock Hong Kong’s halal tourism potential

There have been efforts to bring Muslim tourists to Hong Kong for years, but a lack of focus has rendered these attempts largely ineffective. Rather than concentrate on halal eateries, the city should ...

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