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Posted on 06/10/2023

HSBC Buys back Nearly 4.65M Shrs for Over $280M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6456 million shares of the company at over HKD280 million yesterday (27th) in the UK and HK markets.Among which,... HSBC HOLDINGS ...

Posted on 06/10/2023

Hong Kong stocks jump on China recovery bets, property easing speculation while Sunac deal lifts distressed developers

Local stocks are looking to end the week with a flourish after a miserable five-week losing stretch. Signs of better recovery in the Chinese economy, and speculation about property-easing measures, ...

Posted on 06/10/2023

Hong Kong vies with Geneva for global top spot in vintage watch sales

Local auction houses report an increasingly affluent and younger audience as rare OAK collection heads to Asia ...

Posted on 06/10/2023

Spirit of Hong Kong Awards: teenage prodigy dabbles in robotics, teaches technology and fights for a sustainable future

Amaanat Rekhi, 16, has become Spirit of Youth finalist in Spirit of Hong Kong Awards, which honours achievements of remarkable individuals.

Posted on 06/10/2023

Hong Kong virtual insurer Bowtie eyes disruption amid HKMA’s fintech push in securities and insurance sectors

The move means that different regulators in Hong Kong will work to build an ecosystem for banks, insurance companies, financial firms and other tech start-ups, virtual insurer Bowtie's Fred Ngan says ...

Posted on 06/10/2023

US Crackdown On Crypto Boosts Asian Blockchain Ventures: Hong Kong VC Unveils $100M Titan Fund

Hong Kong-based crypto venture capital firm, CMCC Global, has unveiled its fourth crypto fund, emphasizing equity investments in budding blockchain startups with a primary focus on Hong Kong.

Posted on 06/10/2023

How can HK brands leverage the power of ‘Golden Week’ to promote sustainability?

This year’s Golden Week overlaps with the Chinese Mid-Autumn Festival and Hong Kong saw over half a million visitors from mainland China over the past weekend. It’s also one of the first week-long ...

Posted on 06/10/2023

4 Hong Kong universities fall in Times Higher Education global ranking, reversing general upwards trend last year

Four universities in Hong Kong have slipped in a global ranking of the top 100 tertiary institutions compiled by a prominent British-based publication. This marks a reversal of a general upwards ...

Posted on 06/10/2023

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices

Sunac moved ahead of its troubled peers in fixing its financial crisis after a court in Hong Kong sanctioned its US$10.2 billion debt workout plan with more than 2,000 offshore creditors.

Posted on 06/10/2023

Hong Kong’s 2023 global bankers’ summit draws Goldman, UBS and about 90 CEOs to city’s ‘vibrancy’ showcase, HKMA says

The HKMA "wants bankers from across the globe to feel the energy, the vibrancy and also see the opportunities here," said CEO Eddie Yue Mainland Chinese regulators and financial institutions will ...

Posted on 06/10/2023

Hong Kong Stocks Gain Some Steam Back After Citigroup Declares China’s “Cyclical Bottom Is Here”

Positive economic data for China growth and the approved restructuring of a major property developer lifted stocks in Hong Kong Thursday in the mid-morning session, although most failed to hold onto ...

Posted on 06/10/2023

Two More Detained In JPEX Scandal as Hong Kong Sets Up Group To Crack Down on Rogue Crypto Platforms

Hong Kong police and its securities watchdog formed a group to crack down on illegal cryptocurrency platforms following the JPEX scandal.

Posted on 06/10/2023

Guided by climate science, Hong Kong must come together to meet extreme weather challenge

Climate change, once a term relegated to academic discussions, has made its presence felt in Hong Kong with a ferocity that’s hard to ignore. Global warming is no longer a theoretical scenario ...

Posted on 06/10/2023

Visitors flock to Hong Kong over mainland China’s ‘golden week’ holiday, but retailers say extra people did not mean higher sales

About a million visitors hit city from September 29 to October 4, but tourists offset by 1.4 million Hongkongers who left on holiday over the period Real estate services firm says its survey of ...

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