HONG KONG, May 25 (Reuters) - Shares of China’s Horizon Construction Development Ltd were set to slide 28% in their Hong Kong market debut on Thursday after it raised $210.2 million in its initial ...
HSBC puts global footprint under fresh scrutiny, considers dozen exits
HSBC is trying to increase income through such wealth services especially in China and Hong Kong, where economies are beginning to normalise after the lifting of COVID-19 curbs. The bank is on track ...
HSBC Buys back Over 4.96M Shrs for $295M Ytd
HSBC HOLDINGS (00005.HK) 0.000 (0.000%) Short selling $361.86M; Ratio 42.770% announced that it has repurchased a total of 4.9551 million shares in the U.K. and Hong Kong yesterday (15th), involving ...
Asia markets set to fall ahead of Bank of Korea decision, Hong Kong stocks at two-month low
Most notably, Hong Kong's Hang Seng index looks set to breach its two month low, with futures standing at 18,878 compared to its last close of 19,115.93. In Japan, the Nikkei 225 is set to fall for a ...
Woman injured, 2 others hurt in fall from escalator in Hong Kong at Wong Tai Sin MTR station
Three women were hurt after one of them lost balance and they fell backwards on an escalator at a Hong Kong railway station on Wednesday afternoon. The MTR Corporation said an escalator connecting the concourse to exit B at Wong Tai Sin MTR station briefly shutdown at about noon, before restarting at 1.50pm.
Marcum Asia To Expand In Hong Kong As U.S.-China Tech War Shifts IPOs
Marcum Asia CPAs LLP, a joint venture between Marcum LLP and Bernstein & Pinchuk, plans to hire up to 25 people before the end of 2023, Co-Chairman Drew Bernstein said in an interview on Tuesday.
Cross-boundary railway travel recovers to 70 pct of pre-pandemic level: Hong Kong MTR
Hong Kong's MTR Corporation announced on Wednesday that the patronage of cross-boundary railway services recovered to 70 percent of the pre-pandemic level, and the patronage of local railway services has returned to around 90 percent before the COVID-19 pandemic.
ZA Bank plans digital asset retail trading in Hong Kong under new guidelines
Hong Kong-based ZA Bank announced that it plans to launch virtual asset trading services when new guidelines for virtual assets service providers come into force June 1.
Hong Kong will require 300,000 more public housing tenants to declare property every 2 years under tightened rules
Tougher approach comes after authorities banned public housing tenants who are property owners from buying subsidised flats Tightened measures aimed at ensuring effective use of public resources, ...
Hong Kong firms making progress in boosting work-life balance
The strong desire for flexibility, a key aspect in achieving work-life balance, also comes as many employers begin inviting back their staff to workplaces. In Hong Kong, only 36% of the respondents ...
Hong Kong throws open the doors to cryptocurrency even as debate rages on whether it’s a security or commodity
China banned cryptocurrency trading in 2021 and Hong Kong turned frosty on the industry as a result, even though it was home to several early cryptocurrency businesses, including the now-bankrupt FTX.
Capital Markets: Hong Kong poised to make strong recovery
Since its borders reopened in January, Hong Kong has been focused on re-establishing itself as a prominent business hub and a connector between mainland China and the global financial community. This ...
Hong Kong protesters withdraw from organ donor register over mainland transplants
Hong Kong police are investigating a high number of withdrawals from the organ donor register in what is suspected to be a protest over a proposed transplant programme with mainland China.
Hong Kong Office Market Driven by Upgrading User Demand in 2023
According to JLL's latest Hong Kong Property Market Monitor Report, Hong Kong's Grade A office market is mainly driven by upgrading demand following more new office completions this year.