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Posted on 23/04/2023

ING Sues ICBC For Copper Deal Losses, Seeks $170m in Damages: FT

Dutch bank ING is suing China’s largest bank for losses sustained in a batch of copper deals and seeking $170 million in damages, the Financial Times reported.

Posted on 23/04/2023

The IPO market is coming back to life, 70% of action this year in Asia

The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia. But ...

Posted on 23/04/2023

Global IPO market shows signs of life even as recession fears persist

The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in ...

Posted on 23/04/2023

Hong Kong’s flu season may have peaked faster than expected, government health adviser says

David Hui from Chinese University says hospital data shows number of cases starting to drop He points to vaccination, continued mask-wearing and higher temperatures Hong Kong's current flu outbreak ...

Posted on 23/04/2023

Former Hong Kong leader CY Leung accuses pro-Beijing lawmakers of lacking ‘fighting spirit’ to take on activists overseas

Former Hong Kong leader Leung Chun-ying has said pro-Beijing politicians in the city lacked the “fighting spirit” to combat opposition activists spreading harmful views online after moving overseas ...

Posted on 23/04/2023

Hong Kong now in ‘golden window for development’ with quick revival of economic activities, finance chief Paul Chan says

Financial secretary recalls recent trip to mainland where he says university students are eager to forge careers in city He touts overall 'positive atmosphere', pointing to accelerated pace of ...

Posted on 23/04/2023

HSBC braced for shareholder revolt against boss Noel Quinn over bank’s alleged links to Hong Kong human rights abuses

Investor adviser Pirc has taken aim at the bank - a big lender in China as well as the UK - ahead of its annual meeting on May 5.

Posted on 23/04/2023

Hong Kong’s incense trees get chunks carved out by illegal loggers, poachers on the prowl as borders reopen

Residents on Lamma and Lantau report intruders chopping down valuable old trees in dead of night 'Worrying signs' of poachers at work, as population of turtles shrinks by 90 per cent at some sites ...

Posted on 23/04/2023

Want ‘real opinions’ at Hong Kong’s district councils? Then keep them democratic

Authorities tell us that they will let us know soon what their plans are for Hong Kong’s District Councils (DCs). Hong Kong and Macau Affairs director Xia Baolong repeatedly emphasised the role and ...

Posted on 23/04/2023

Hong Kong actively preparing to launch RMB counter for Stock Connect program: financial secretary

Paul Chan, financial secretary of China's Hong Kong Special Administrative Region (HKSAR) government, said on Saturday that the HKSAR government is actively preparing to launch a Renminbi (RMB) ...

Posted on 23/04/2023

HSBC chief faces investor revolt over Hong Kong

Investor adviser Pirc has taken aim at the bank - a big lender in China as well as the UK - ahead of its annual meeting on May 5.

Posted on 23/04/2023

Hong Kong reinforces position as leading hub for world-class cocktail experiences in Asia

Asia’s very best bartenders and drinks industry talent will gather in Hong Kong this July as the city hosts Asia’s

Posted on 22/04/2023

HSBC World Rugby Sevens Challenger Series: bronze for Hong Kong’s men keeps core series hopes alive, as women end on high

Jevon Groves' side shake off heavy defeat at hands of Tonga in semi-final to win third-place play-off Hong Kong's women beat Mexico 15-12 to win third game in a row and claim ninth place Hong Kong's ...

Posted on 22/04/2023

Struggling Hong Kong SMEs’ defaults surge six-fold to HK$2.46 billion on loans guaranteed by government in 2022

Most have been servicing interest so far, dread having to start repaying on principal sum borrowed Government urged to extend holiday for repaying principal sum, or 'default rate could rise ...

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