In the first two days of his trip, Xia is set to meet John Lee, principal officials and members of the Executive Council, a government insider says.
Cheap Chinese Goods Are Becoming a Costly Problem. Exhibit A: Hong Kong.
Shoppers are hopping across the border, where prices have dropped. Neighboring Asian countries could also be hit if Chinese companies dump their goods there among weak domestic demand.
Hong Kong market jumps in a mixed day for Asia-Pacific stocks; Japan business sentiment sours
Asia-Pacific markets traded mixed following Wall Street losses Wednesday, while investors assessed Japan's trade data and souring business sentiment among large manufacturers. Hong Kong's Hang Seng ...
Hong Kong developers urge government to remove all property cooling measures, make Hongkongers ‘happy’
Hong Kong developers have joined a chorus urging the government to remove all the remaining cooling measures to revive the property sector. Stewart Leung Chi-kin, who is the chairman of the Real ...
HSBC’s shares slide as record profit marred by $3 billion China hit
HSBC Holdings on Wednesday reported a $3 billion charge on its stake in a Chinese bank amid mounting bad loans in the world's second-largest economy, taking the shine off a record annual profit.Shares ...
HSBC slides 7% after annual profit misses estimates on China write-down
HSBC reported on Wednesday its full year 2023 pre-tax profit climbed about 78% to $30.3 billion from a year ago, missing median estimates of $34.06 billion from analysts tracked by LSEG.
Hong Kong scientists seek good fortune for endangered horseshoe crabs
Hong Kong conservationists on Wednesday began underwater tracking of endangered horseshoe crabs, which date back to before the dinosaurs, in a bid to help them survive the perils of modern life.
Hong Kong finance manager loses HK$17.8 million after investing in gold and cryptocurrency via sham platform
A finance manager in Hong Kong has been scammed out of more than HK$17 million ... a person claiming to be from Singapore and who had previously been the victim’s business partner. They then continued ...
Hong Kong’s game-changing New Capital Investment Entrant Scheme
The New Capital Investment Entrant Scheme aims to attract international talent and high-net-worth asset owners, and inject capital into the city’s economy, boosting business and investment ...
Hong Kong’s Hang Seng Index Jumps 3%
Hong Kong's benchmark Hang Seng Index jumped 3 percent, or 488.41 points, to 16,735.92, at the break Wednesday, according to the exchange's website.
Electric vehicles: Chinese robot chargers start-up GGSN eyes investors, international expansion via new Hong Kong facilities
Guoguangshunneng (Shanghai) Energy Technology (GGSN), a mobile electric vehicle charging start-up partly owned by New World Group, is in talks to set up research, product development and marketing ...
Hang Seng Bank’s 2023 Net Profit Rose on Postpandemic Recovery
Hang Seng Bank reported a 58% increase in annual net profit, driven by higher net interest income and operating income thanks to the postpandemic economic recovery and border reopening. Net profit ...
HSBC’s $3 billion China writedown mars record annual profit
HSBC Holdings reported a record annual profit, that nonetheless came in below analysts' forecasts as the income boost from higher interest rates was offset by a hefty $3 billion charge from its stake ...
HSBC shares sink 3% after pre-tax annual profit misses estimates on impairment costs
The bank suffered a "valuation adjustment" of $3 billion on its stake in Bank of Communications, Quinn said. HSBC's Hong Kong shares reversed gains of about 1% after trading resumed, falling as much ...