Hong Kong customs arrests 7 linked to syndicate that laundered record-breaking HK$14 billion using ‘stooge’ bank accounts, shell companies ...
China Market Update: Internet Stocks Light Up Friday Night In Hong Kong, Week In Review
Asian equities ended a strong week with a nice upward move led by growth and technology stocks following Applied Materials’ financial results, released after the close in the US yesterday.
Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse
The debt crisis at Redsun Properties is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China’s housing market struggles to overcome a three-year slump.
Exclusive: HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk
HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans amid growing economic headwinds and property sector crisis in China, said two ...
Hong Kong customs arrest 7 in $1.8 billion money laundering case linked to India
Hong Kong customs officials have arrested seven people in connection with the territory's largest-ever money laundering case, involving approximately $1.8 billion.
People’s ‘assets are disappearing’: Midland Realty chairman sounds the alarm as he urges removal of all Hong Kong property cooling measures
Hong Kong should do away with property sector cooling measures altogether as declines in real estate values and the stock market are putting Hongkongers’ assets at risk, says the chairman of Midland ...
Hong Kong’s Hang Seng Index to stay unchanged after review
THERE will be no additions or subtractions to Hong Kong’s Hang Seng Index following its latest quarterly review, according to a statement. Read more at The Business Times.
Hong Kong’s ‘Chubby Hearts’ art installation organiser says it hopes project will spread message of love in city and enhance space
Anya Hindmarch-designed giant heart-shaped balloons will float in Central’s Statue Square Gardens and elsewhere from Valentine’s Day until February 24.
Hong Kong customs arrests 7 in a $1.8 billion money laundering case linked to transnational crime
Hong Kong customs officials have arrested seven people linked to the territory's largest ever money laundering case, involving about 14 billion Hong Kong dollars ($1.8 billion) some of it linked to a ...
Exclusive-HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk, say sources
By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI (Reuters) - HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans ...
Can Hong Kong Film’s Recovery Continue?
During Berlin, Hong Kong authorities will reveal a further tranche of funding for co-productions, an expansion targeted to bring in European partners.
Hong Kong arrests 7 in $1.8B money laundering case
HONG KONG >> Hong Kong customs officials have arrested seven people linked to the territory’s largest ever money laundering case, involving about 14 billion Hong Kong dollars ($1.8 billion) some of it ...
Li’s escape from Hong Kong value trap looks tough
Richard Li is on plan C or D, or perhaps E. The Hong Kong tycoon has aborted attempts to float his Asian insurer FWD multiple times, once in New York and three times in his home city. The latest ...
Hong Kong authorities arrest seven in $1.8 bln money laundering case
Hong Kong authorities said on Friday they had arrested seven people suspected of being involved in a $1.8 billion money laundering case, the largest ever in the financial hub.