Asian markets sank on Tuesday, with banks bearing the brunt of the selling on fears of contagion in the sector after the collapse of two regional US lenders.The swift closure of Silicon Valley Bank ...
Hong Kong Emerges As An Attractive Hub For The Virtual Asset Industry Amidst Regulatory Scrutiny
The virtual asset industry is facing increasing scrutiny and regulatory clampdowns worldwide, leading to the emergence of new hubs for the industry. Hong Kong is one such hub that has proposed rules ...
Livi bank opens for businesses
Hong Kong’s leading lifestyle and technology-driven virtual bank, today announced the full launch of livi Business, its game-changing service designed to empower SMEs (small and medium enterprises) to ...
European markets mixed, Asian shares fall amid bank worries
European markets are mixed after a broad retreat in Asia as investors watch to see what's next following the second- and third-largest bank failures in U.S. history ...
Hong Kong activist to face trial over unauthorised display of posters at street booth
A member of the League of Social Democrats – one of Hong Kong’s last remaining active pro-democracy groups – will face trial with two others in July for allegedly displaying posters without government ...
China’s finance minister backs Hong Kong ‘broadening international cooperation’ as he speaks highly of John Lee during Beijing meeting
Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...
Hang Seng Index crash: There is an ill wind blowing
The Hang Seng index sell-off gained steam on Tuesday as fears of a global contagion spread. The closely watched index plunged by almost 2% ...
HSBC, AIA, Country Garden lead decline in Hong Kong stocks as Hang Seng Index heads for lowest close since December
HSBC falls by more than 5 per cent after it announced on Monday it will buy Silicon Valley Bank's UK subsidiary Positive remarks about economic growth by new Chinese Premier Li Qiang do little to spur ...
HSBC’s share price hit amid criticism of SVB UK purchase
HSBC's Hong Kong shares fell more than 6% at one point in Tuesday morning trading, following a 0.18% drop on Monday, the day the bank announced it had agreed to purchase Silicon Valley Bank UK for 1 ...
China’s finance minister backs Hong Kong widening ‘international cooperations’ as he speaks highly of John Lee during Beijing meeting
Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...
Asian markets tumble as SVB fallout fears rattle banking sector
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...
Hong Kong seeks to fill brain drain gap as locals and foreigners leave city
Things are however looking up for the city as those who left the city look to return following the city's reopening.
Hong Kong’s ‘villain hitting’ ritual draws crowds
People holding a grudge may have found a way to release it in Hong Kong’s “villain hitting” ritual. To relieve themselves from a bad mood, customers paid ritual practitioners who work underneath the ...
China, Hong Kong stocks fall as SVB contagion fears linger
China and Hong Kong stocks fell on Tuesday to their lowest in more than two months, as fears lingered about contagion from the Silicon Valley Bank's (SVB) collapse.