of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to the Yemen-backed group. According to a ...
Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower
The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the ...
Weak demand, tighter lenders: HK property developers face tough 2024
Hong Kong’s property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.
US sanctions Hong Kong and UAE firms over Houthi support
The move comes hours after US and UK forces launched strikes against the rebels in Yemen, seeking to halt their repeated attacks on shipping in the Red Sea.
US sanctions Hong Kong, UAE firms over Houthi support
Washington announced fresh sanctions on two companies based in Hong Kong and the United Arab Emirates, aiming to curb the financial support to Iranian ...
Hong Kong considering tuition fee hike for public universities after over 20 years of no increases: minister
Secretary for Education Christine Choi says her bureau will review tuition fees under user-pays principle, after finance chief eyes increasing public service charges.
Hong Kong a cautionary tale as China looms over Taiwan’s election
As Taiwan heads to the polls this weekend in an election bound to shape its relationship with China, voters are being called to think of Hong Kong.
Weak demand, tighter lenders: Hong Kong property developers face tough 2024
Hong Kong's property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about developers’ financial health.
BOC Hong Kong (Holdings): A Buy Rating on Strong NII, Dividend Appeal, and Positive 2024 Outlook
In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), ...
Exclusive: China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say
Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business ...
Startup Leapmotor eyes to be in profit by 2025
Leapmotor, established in late 2015, delivered over 144,000 vehicles in 2023, up 29 percent year-on-year. Its cumulative sales exceeded 300,000 units by the end of last year. "For us, the goal for ...
Hang Seng Bank launches investment and life insurance plan
Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. Hang Seng Bank has launched 'LegendPower', a life insurance plan designed to help accumulate ...
Hong Kong stocks advance for a second day on China rate-cut bets as deflation deepens
Hong Kong stocks jumped for a second day as investors bet China’s central bank will cut key lending rates as early as next week to boost growth amid deepening deflation in the economy. The Hang Seng ...
Startup accused of violating international law with sale of product dubbed ‘nature’s best kept secret’: ‘There is no good enforcement’
A number of organizations are on the case. Startup accused of violating international law with sale of product dubbed ‘nature’s best kept secret’: ‘There is no good enforcement’ first appeared on The ...