The survey, conducted online in December 2023, aimed to assess Hong Kong's AI competencies within the country’s financial services, shedding light on both the challenges and opportunities ...
Hong Kong Traders Lost $1.6 Billion in 4 Days on Leveraged Bets
(Bloomberg) -- Retail traders in Hong Kong lost $1.55 billion on leveraged derivative bets during the recent stock slump, exacerbating market volatility and highlighting the risk of the popular structured product. Most Read from Bloomberg Upbeat Musk Can ...
HashKey Group and OKX to Support Compliant Digital Asset Innovation in Hong Kong
HashKey Group and OKX announced plans to create a partnership to promote compliant virtual asset innovation and industry development in HK.
Hong Kong’s top court restores activist’s conviction over banned vigil on Tiananmen crackdown
Hong Kong’s top court has restored a prominent detained activist's conviction over a banned vigil commemorating the 1989 Tiananmen crackdown on pro-democracy protesters, marking the latest setback for the city’s democracy supporters.
Hong Kong stocks extend rebound as Alibaba jumps 5% on insider buying, China vows more support to calm market
Alibaba Group jumps by the most since November amid reports key corporate insiders have added to their holdings during the recent market slump China's securities regulator pledges more support to stabilise stock market after recent rout Hong Kong stocks rose for a second day to a one-week high,
Hong Kong stocks set for third winning day as China signals more support after US$140 billion liquidity plan to lift confidence
Stocks advance for a third day, helping the market recoup at least US$208 billion of value since the plunge on Monday. The rout has now galvanised Chinese authorities to act and overcome jitters among ...
Nearly 10,000 mainland talents enter Hong Kong through ‘exit endorsement for talents’
Nearly 10,000 talents from mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) had traveled to Hong Kong with the exit endorsement for talents as end of 2023, Secretary for ...
China and Hong Kong Broaden Investment and Financing Links
Hong Kong announced several measures to deepen financial links with China — including facilitating real estate purchases and expanding the Wealth Connect program — to further integrate the city with ...
17th Asian Financial Forum kicks off in Hong Kong
The 17th Asian Financial Forum (AFF) opened Wednesday in Hong Kong with a focus on the potential of the Chinese mainland market and the role and advantages that Hong Kong can play. John Lee, chief executive of China's Hong Kong Special Administrative ...
3 arrested as Hong Kong customs seizes HK$10 million in fake electronic devices labelled as Apple and Samsung products
More than 14,000 counterfeit devices labelled with brand names such as Apple and Samsung seized between January 8 and 19 Goods intended for countries such as Bangladesh, Indonesia, France and the United Kingdom Hong Kong customs officers have arrested three men and seized more than HK$10 million (US$1.
Stock markets rally on earnings, rate cut hopes and stimulus
Global stocks pushed higher on Wednesday on a mix of positive earnings reports, rate cut hopes and stimulus measures.Wall Street's three main indices pushed higher, with both the S&P 500 and Nasdaq Composite pushing further into record territory,
‘Expats’: Nicole Kidman leads strong cast playing wealthy Americans in Hong Kong
Home?” “I like our life here. The help, the drivers, it makes everything easier.” – Exchange between a wealthy American couple living in Hong Kong in “Expats.” You have to go into the supporting cast lineup in Lulu Wang’s six-part Amazon ...
WuXi XDC, hot off $520M IPO, inks antibody-drug conjugate deal with Celltrion
With that offering, WuXi XDC said it expected to reel in proceeds of around $4.07 billion Hong Kong dollars (about $521 million). Earlier that same month, WuXi XDC said much of what it reaped from its ...
Hong Kong’s Cathay group carries over 20 million passengers in 2023, with analyst estimating firm back at 56% of pre-pandemic levels
Hong Kong’s Cathay group carried more than 20 million passengers last year, the company revealed on Wednesday, with an analyst saying the figure represented 56 per cent of the pre-pandemic level in ...