Home builders are likely to have a hard time turning a profit as the interest payments on their debt mountains get bigger They are likely to be less aggressive bidding for land, and are coming under ...
Hong Kong bar owners wonder if crowds of rugby Sevens fans will ever return
With few international fans making the journey this year, owners are asking if the tournament’s glory days are over.
U.S. audit inspection of Chinese companies in Hong Kong ends – sources
U.S. audit watchdog's onsite inspection of the audit work of New York-listed Chinese firms, which started in Hong Kong in September, has ended, three people with knowledge of the matter said, raising ...
Hong Kong company shortlisted for Prince William’s £1 million Earthshot Prize for system that powers construction sites
A Hong Kong energy company was shortlisted on Friday for an award established by Britain’s Prince William to honour ideas to help the environment, beating more than 1,000 entries from across the world ...
With slogans and CEOs, Hong Kong tries to recapture the spotlight
The city, struggling to reestablish itself as a global powerhouse, hosted its first international financial summit since the pandemic.
Weak Markets Overshadow Sunshine Insurance IPO Plan
Sunshine Insurance could become China’s 10th listed insurer with its new Hong Kong IPO application, but has warned its profit could drop this year on falling investment returns ...
Hong Kong’s Hang Seng index closes 5% higher on China reopening speculation; Asia markets mixed
Hong Kong’s Hang Seng Index briefly rose 4%, while the Hang Seng Tech index climbed 5.33%. In mainland China, the Shenzhen Component inched up 0.892%, while the Shanghai Composite Index climbed 0.79%.
Hong Kong Hopes Summit of Business Leaders Signals Comeback as Financial Hub
International and regional business leaders from more than 100 financial institutions ended a three-day summit in Hong Kong Thursday that was widely seen as a signal that the territory is back in ...
Stocks in Hong Kong log best week in more than a decade
London (CNN Business)Global investors have two big questions on their ... investors have been getting excited over speculation that coronavirus restrictions in China could be eased. Hong Kong's Hang ...
Hong Kong Up 5.4%, Property and Tech Sectors Surge
The Hong Kong Hang Seng Index opened evenly and rose to the close, finishing up 5.4% on persistent social-media rumors that Beijing will ease the strict anti-pandemic policies that have locked down ...
HSBC top shareholder Ping An urges aggressive cost cuts, renews spin-off push
HSBC Holdings' largest shareholder Ping An has urged the lender to cut costs aggressively and exit sub-scale non-Asian markets as the Chinese financial conglomerate pushes harder for the bank to spin ...
Ping an Urges HSBC to Make Aggressive Cost Cuts
HSBC should be "more aggressive in radically reducing costs" and consider layoffs, Ping An Asset Management, the bank's largest shareholder and a wholly-owned unit of Ping An Insurance, said in a ...
Fiji wins big at Hong Kong Sevens, Samoa shocks NZ
Fiji began its interrupted quest for a sixth successive title at the Hong Kong Rugby Sevens with a seemingly effortless 59-12 win over Japan on Friday. Fiji’s fifth title came in 2019 and it has had ...
Hong Kong Launching Film, Streaming Production Support Schemes
Hong Kong is launching two new film and streaming support schemes, one for cross-border productions, the other for development of streaming content. The maximum total value of the two schemes is $15 ...