HSBC investors should vote against proposals calling for a strategic review and dividend policy revamp, shareholder adviser Glass Lewis has said, deepening divisions between factions of the bank's ...
Divisions deepen among shareholders ahead of HSBC AGM
HSBC should separate its Asia business into a Hong Kong-listed entity, Ping An said, in an update to proposals it began urging last November calling for the bank to spin off its Asia business. The ...
Hong Kong’s leader rejects calls to drop property cooling measures after association head says decade-old curbs ‘prevent earth from spinning’
"Hong Kong's economy won't pick up right away and it will take some ... But their mission has been completed," he said. John Tsang Chun-wah, the finance chief at the time, introduced market cooling ...
Shareholder advisor tells HSBC investors to vote against break-up
Shareholder advisor Glass Lewis has recommended HSBC investors block two resolutions filed by Ken Lui's Hong Kong-based minority investor group, describing calls to break up the lender and revamp ...
Alibaba launches cloud computing course at the University of Hong Kong Business School to train local talent
Undergraduate students at the University of Hong Kong will be able to take Alibaba Cloud's credit course starting September Alibaba Cloud, which is directly managed by group CEO Daniel Zhang Yong, is ...
Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) -State-owned China Mobile Ltd is exploring a buyout of Hong Kong's leading telecoms company HKBN Ltd, four people with knowledge of the matter said, which ...
Hong Kong Mansion Sells for $74 Million After Border Reopens
A new mansion in Hong Kong has sold for HK$577 million ($73.5 million) in a sign activity in the luxury property market is starting to pick up following the reopening of the city’s borders.
Hong Kong’s Banks Are Taking Lead on What e-HKD Will Look Like: Source
Unlike the People Bank of China’s e-CNY, the architecture of Hong Kong’s central bank digital currency (CBDC) hasn't been dictated by the central government, said the Hong Kong-based bank official, ...
Hong Kong’s TVB Flustered by Shareholder Criticism of Losses, Investments and Boardroom Control
Television Broadcasts, Hong Kong’s leading free-to-air broadcaster, has said that it is considering legal action against a group of shareholder activists. The shareholder group, seemingly led by ...
‘Living gallery’: fighting to save Hong Kong’s fading neon signs
Neon signs once transformed Hong Kong's oldest neighbourhoods into a kaleidoscope of luminous colour after dark, but most have been removed with a few lucky ones now piled up in a ramshackle ...
Hong Kong has thrown away 50,000 Covid-19 vaccine doses since start of inoculation drive, authorities say
Wastage was inevitable and proportion of discarded jabs was small, medical experts say Discarded doses include shots that were unused after thawing and jabs that were stored improperly Hong Kong has discarded nearly 50,
Woman, 58, with chronic illness found dead in Hong Kong hospital toilet after waiting more than 12 hours for emergency treatment
Patient visited A&E department at around 11pm on Sunday night and was assessed to be in stable condition at 11.15am the next day Pamela Youde Nethersole Eastern Hospital says it is 'very concerned' about case and has referred it to coroner A 58-year-old woman with chronic disease in Hong Kong was on Monday afternoon found ...
Here’s What a $10,000 Monthly Mortgage Would Buy in These 5 Cities
A $10,000 monthly mortgage could buy you a home with a $1.45 million sticker price. Read on to see what that looks like in five hot housing markets.
Ping An to demand HSBC boost dividend and commit to regular structural review
Chinese insurer and bank’s largest shareholder will tell lender at its AGM next month to spin off Asian business ...