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Posted on 05/10/2023

Wall Street Journal overseas teams are taking a hit as Hong Kong is trimmed and insiders brace for more cuts

The WSJ laid off editorial staff in Hong Kong, and insiders speculated more cuts could be coming. EIC Emma Tucker recently revealed her plan to jumpstart the paper's digital readership. She wants the ...

Posted on 05/10/2023

Asian Games 2023: Hong Kong golden girl Yang Qianyu to retire and care for sick parents after ‘completing’ career

Yang Qianyu, whose father suffered a stroke and mother fell ill in 2021, says ‘I don’t have any more energy for more competitions’.

Posted on 05/10/2023

Hong Kong based Web3 and blockchain fintech fund launches with USD100m in first close.

Hong Kong's push towards Blockchain enabled Fintech and Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week. CMCC Global, one of Asia's earliest venture ...

Posted on 05/10/2023

Mid-Week In China: A Tough Export Climate & More Property Woes Sink Hong Kong Stocks

Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang ...

Posted on 05/10/2023

HSBC Buys back Nearly 4.79M Shrs for $292M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7894 million shares of the company at HKD292 million yesterday (25th) in the UK and HK markets.Among which, 2.27... HSBC HOLDINGS ...

Posted on 05/10/2023

HSBC, Dubai Econ & Tourism Dept. Ink MoU to Propel Financial Connectivity

HSBC announced that it has inked a memorandum of understanding (MoU) for cooperation with the Dubai Department of Economy and Tourism. The collaboration aims to promote business and investment ...

Posted on 05/10/2023

Clara Chan, once called ‘goddess’ for her role in Cathay Pacific rescue, is the new boss of Hong Kong’s version of Temasek

Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ...

Posted on 05/10/2023

US startup investors sever ties with China

After venture capital giant Sequoia, GGV has now announced a separation of its Asian business. Escalating tensions between the USA and China are forcing investors to reconsider their strategies.

Posted on 05/10/2023

Hong Kong to get US$3.8 billion in foreign investment from 30 ‘strategic’ firms: Financial Secretary Paul Chan

The 30 companies in ‘strategic’ areas are set to create about 10,000 jobs in the city, Financial Secretary Paul Chan said on Wednesday.

Posted on 05/10/2023

Here’s A List Of The Top 10 Hong Kong Companies Buying Back Their Shares In September

As Hong Kong markets have sold off hard over the past few months, corporate stock repurchases have surged to an all-time high.

Posted on 04/10/2023

Finance chief says Hong Kong already Asia’s green finance hub

HONG KONG, Oct. 4 (Xinhua) -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region government, said on Wednesday that Hong Kong is well developed in green finance and the city ...

Posted on 04/10/2023

Fukushima waste water: no room for Hong Kong to ease ban on Japanese seafood, environment chief says before second round of discharge

Secretary for Environment and Ecology Tse Chin-wan says ‘ball is in their court’, over whether Tokyo will stop discharge or provide clarity on matter.

Posted on 04/10/2023

Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.

Posted on 04/10/2023

How BOCHK empowers entrepreneurs with customised business banking solutions

Bank of China (Hong Kong) (BOCHK) is committed to helping small and medium-sized enterprises (SMEs) navigate the ever-changing business environment and market landscape. In this story, five ...

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