BEIJING/HONG KONG (Reuters) - China is set to appoint Zhu Hexin, a veteran banker and chief of state-run financial conglomerate CITIC Group, as the new head of its foreign exchange regulator, four ...
Hong Kong investment bankers have lots of free time and anxiety as deals slump, lay-offs intensify
The big China deals that lined rainmakers’ pockets for decades have evaporated. Banks and law firms alike are cutting jobs. Those that remain are chasing smaller deals and taking extended vacations.
Hong Kong land sales wobble, exposing cracks in city’s finances
Despite historical high demand for homes due to the territory’s size, the economic downturn has resulted in a glut of unsold flats ...
Paris Olympics: Hong Kong sevens coach Groves up for challenge of rebuild, after team falls short in Games bid
Jevon Groves said he was ready for the “daunting prospect” of building a new team, after defeat by Japan on Sunday all but ended Hong Kong’s hopes of qualifying for the Paris Olympics next year. Hong ...
World’s first Frozen-themed land at a Disney theme park opens in Hong Kong
The "World of Frozen" themed land at Hong Kong Disneyland, inspired by the hit animated film, has finally opened.
Hong Kong leader John Lee skipped Apec. Did the city win or lose and when will he get US sanctions against him lifted?
Hong Kong leader John Lee Ka-chiu kept a studious silence all of last week before an important Apec summit in San Francisco. On Tuesday, the dam burst. In a rare moment of candour, he said the United ...
Hong Kong mansions tied to Evergrande chairman seized by creditor
A creditor has seized a pair of luxury houses on Hong Kong’s Peak connected to the Evergrande chairman. Read more at straitstimes.com.
Hong Kong stock exchange operator HKEX launches digital IPO platform FINI as listings drop to two-decade low
Bourse operator HKEX launched a new digital platform for IPOs, which is expected to speed up settlements and reduce investor risks.
Hong Kong food tech start-up challenges Japanese bento market
Kamakura Foods, a Hong Kong start-up founded by a Japan-educated former Sony chip engineer, is challenging the bento market in Japan, where the boxed lunches originated. The company is planning its ...
Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO
capital and property management company with more than US$55 billion in assets under management, will take over the role from April 1 next year, Hongkong Land said on Tuesday. Smith will relocate from ...
Hong Kong Bankers Have Lots of Free Time, Anxiety as Deals Slump
Eighty-hour weeks. Multi-billion dollar deals. Huge bonuses. Until recently, life as an investment banker in Hong Kong was both intense and lucrative.
Hong Kong bridge half marathon chiefs apologise for finish-tape blunder and blame location for food, toilet, bus issues
Runners complain about lack of food, delays and drink and toilet shortages, while HKAAA offers ‘sincere apologies’ for finish line error and says the event’s bridge location ‘raised difficulties’.
Hong Kong taxi industry calls off planned strike involving 1,000 drivers after government promises to crack down on illegal ride-hailing services
In a last-ditch effort to defuse the situation, government pledges to amend the law to stiffen punishments against those providing illegal ride-hailing services.
Hong Kong lawmaker blasts Catholic bishops’ petition for release of Jimmy Lai
On Sep. 28, the day that marked Lai’s 1,000th day in prison, Lee wrote on X, formerly known as Twitter: “Western media has exploited [Lai’s imprisonment] as a basis for false accusations about Hong ...