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Posted on 16/05/2023

Hong Kong resident given life sentence for espionage

Born in May 1945, Leung holds permanent residency in the Hong Kong Special Administration Region and also possesses a United States passport, the court said. According to provisions of the Criminal ...

Posted on 16/05/2023

Hang Seng May Reclaim 20,000-Point Plateau

The Hong Kong stock market on Monday ended the four-day losing streak in which it had plummeted almost 675 points or 3.4 percent. The ...

Posted on 16/05/2023

Hong Kong mortgage frenzy sees banks go big on cash rebates

Fierce competition for new mortgage customers is driving banks in Hong Kong to offer the highest cash rebates in nearly two decades.

Posted on 16/05/2023

Why are Hong Kong’s Cathay Pacific pilots unhappy? Grievances include uncertainty over slashed pay, family lives upended, union claims

Union chief says morale is low, with recent slow plane taxiing incident at airport stemming from pilot frustration To cope with pandemic, carrier had overhauled salary system based on an hourly ...

Posted on 16/05/2023

Swap Connect between Hong Kong, mainland officially launched

The trading of Swap Connect, an interest rate swap market access scheme, was officially launched on Monday, according to the People's Bank of China (PBOC). More than 40 domestic and overseas ...

Posted on 16/05/2023

Human skeleton found in Hong Kong flat a day after separate incident in which bodies of woman, elderly father discovered in their home

Monday’s case marked the city’s second family tragedy this month. On May 1, a 30-year-old woman and her five-year-old son fell to their deaths from the Cullinan West residential block in Cheung Sha ...

Posted on 16/05/2023

Hong Kong consumer watchdog finds not all health screening packages involve doctors and vary in price and tests offered

Residents advised to consult family doctors and carefully weigh options before paying for health screening packages.

Posted on 16/05/2023

HSBC aims to grow its Asian business amid pressure from top shareholder Ping An

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...

Posted on 16/05/2023

Hong Kong may issue retail bonds to fund part of HK$580 billion artificial islands project off Lantau, finance chief Paul Chan says

he adds Hong Kong's finance chief has suggested issuing retail bonds to fund a large part of the controversial HK$580 billion (US$73.95 billion) reclamation project off Lantau, after critics raised ...

Posted on 15/05/2023

Big banks still operating in Hong Kong are playing a dangerous game

The Chinese government has forced banks to deny Chinese emigrants access to their retirement savings. What Beijing will demand next is anybody's guess.

Posted on 15/05/2023

Billionaire Li’s FWD considers private funding, IPO delayed amid weak market conditions

FWD Group seeks to raise additional capital through private round, pauses IPO strategy amid weak market conditions.

Posted on 15/05/2023

Hong Kong ‘firefighter’ cartoonist bids farewell to newspaper strip after 40 years

One of Hong Kong's most prominent political cartoonists, whose newspaper cartoon strip was axed on Sunday after four decades, defended freedom of expression in the face of political pressures while ...

Posted on 15/05/2023

Hong Kong Disneyland Theme Park Reduces Losses, Awaits ‘Frozen’ Land

The Hong Kong Disneyland theme park managed a 22% increase in visitor numbers in its most recent financial year allowing it to modestly reduce its annual losses. The park, which is jointly owned ...

Posted on 15/05/2023

Amendments to Hong Kong’s flag law will not cover acts outside city’s jurisdiction, says constitutional affairs chief

Under proposed changes, people will be banned from displaying the Hong Kong flag or emblem 'upside down' and in any way that 'undermines dignity' Constitutional affairs minister Erick Tsang also warns ...

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