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Posted on 21/09/2023

HKMA takes a second break from raising its base rate after US Fed’s ‘hawkish skip,’ giving Hong Kong’s businesses and borrowers a breather

Hong Kong kept the city’s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world ...

Posted on 21/09/2023

Remington Firearms Unit Dispute Won by Hong Kong-Based Financier

A Hong Kong-based asset manager won a court ruling Wednesday upholding a financing round that handed it a 2.5% stake in the firearms division of the bankrupt Remington Outdoor Co., the oldest American gun manufacturer.

Posted on 21/09/2023

Police in Hong Kong, mainland China arrest 14 after targeting gang suspected of selling SIM cards registered with fake documents

SIM cards registered with forged personal documents could have attracted criminals engaged in fraud and money-laundering activities, police say.

Posted on 21/09/2023

Hong Kong finance chief touts ties with France, noting 14 million bottles of imported wine as part of €9 billion worth of bilateral trade

Financial Secretary Paul Chan is leading a 130-member trade delegation to France on his first official visit to the country Chan was speaking at Trade Development Council's promotional symposium in ...

Posted on 21/09/2023

Hong Kong student leaders who admitted incitement to violence after near-fatal stabbing of police officer to be sentenced in October

University of Hong Kong four to be sentenced next month for student union council motion that praised man who knifed police officer in July 2021 ...

Posted on 21/09/2023

JPEX cryptocurrency scandal: Hong Kong’s MTR Corp removes outdated online ad for trading platform amid mounting criticism

Investor and Financial Education Council also warns more young people drawn to virtual trading, urges users to ensure platforms are licensed and to do proper research.

Posted on 21/09/2023

China & Hong Kong Dividend Yields, Stock Repurchases Soar To Historic Highs As Markets Remain Depressed

Hong Kong-listed and Chinese companies are dipping into their retained earnings and splurging on stock buybacks and bumper dividend payouts as their domestic markets remain in a slump, according to new data.

Posted on 21/09/2023

Asian Games 2023: how to watch in Hong Kong as action gets under way in Hangzhou

Hangzhou Asian Games are well under way, with qualification matches and even some competitions starting outright on Tuesday. Things won’t officially kick off until Saturday night’s 8pm opening ceremony at the Hangzhou Olympic Sports Centre Stadium,

Posted on 20/09/2023

From free ice cream to one of Hong Kong’s biggest ever financial frauds: what and who is behind the mysterious JPEX?

Mystery surrounding JPEX's office space adds to questions about the firm's management, structure and ability to conduct its suspicious activities JPEX offered free ice-cream and lucky dip entries to ...

Posted on 20/09/2023

Mainland Investors & Listed Companies Buy The Hong Kong Dip

Asian equities were lower on light volumes as investors sat on the sidelines in advance of central bank press conferences.

Posted on 20/09/2023

S’pore ranked ‘world’s freest economy’ by think-tank as Hong Kong loses spot for 1st time since 1970

The Fraser Institute report said the Hong Kong's ranking is expected to fall even further in the following years. Read more at straitstimes.com.

Posted on 20/09/2023

“Think Business, Think Hong Kong” drives French businesses to tap Asian opportunities via Hong Kong

The Think Business, Think Hong Kong (TBTHK) mega promotion organised by the Hong Kong Trade Development Council (HKTDC) was held on 19 September in Paris, France.Think Business, Think Hong Kong  Paris organised by the HKTDC was held on 19 September at the Carrousel du Louvre in Paris,

Posted on 20/09/2023

Prince William’s Earthshot Prize: Hong Kong battery start-up GRST named one of 15 green innovation finalists worldwide

GRST, the second Hong Kong company nominated out of 45 finalists globally over three years, aims to improve the economics of recovering and reusing the materials in lithium-ion batteries.

Posted on 20/09/2023

Hong Kong loses edge as world’s freest economy, as think tank cites Beijing interference and waning rule of law

Hong Kong has lost its crown to Singapore in a global ranking of economic freedom released by a Canadian think tank on Tuesday. It said Beijing’s growing interference and eroding confidence in the city’s rule of law were reasons behind the decline,

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