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Posted on 03/04/2023

Chinese Mainlanders Rush to Open Hong Kong Banking Accounts After SAR Reopened Its Borders

About 60 percent of Chinese mainlanders traveling to Hong Kong soon after its reopening on Feb. 6 said their visits were for personal financial reasons, according to a recent survey. Reservations from ...

Posted on 03/04/2023

Hong Kong police hunt for 6 fraudsters who conned man, 54, out of HK$540,000 in online romance scam

One of the swindlers claimed to be a female cryptocurrency expert, struck up a relationship with victim on social media and convinced him to invest Man transferred money into five designated bank ...

Posted on 03/04/2023

China stocks rise as property, tech firms jump; Hong Kong slips

Property developers and technology firms lifted China stocks on Monday, while Hong Kong shares slipped, tracking global markets after surprise output cuts by Saudi Arabia and other OPEC+ oil producers ...

Posted on 03/04/2023

Trustar Capital Weighs Sale of Hong Kong Soy Sauce Brand Amoy

Trustar Capital is considering selling Amoy Food Ltd., the 115-year-old Hong Kong soy sauce maker, according to people familiar with the matter.

Posted on 03/04/2023

With Hong Kong budget in the red, Regina Ip is not wrong to question costly Lantau Tomorrow Vision

Ip wants priority for the cheaper Northern Metropolis project, which will provide homes for five times as many people and a more natural fit given the Greater Bay Area Given Hong Kong's budget ...

Posted on 03/04/2023

HSBC’s Top Executives Face HK Shareholders Amid Spinoff Pressure

HSBC Holdings Plc’s senior executives are set to face its Hong Kong shareholders — from retirees to taxi drivers — as the lender seeks to fend off a push in Asia to split the bank.

Posted on 03/04/2023

HSBC Asia spin-off, dividend proposals in focus at Hong Kong shareholder meet

An activist Hong Kong investor's demand for HSBC Holdings PLC to spin-off its Asia business and increase dividend payouts will be in focus as the London-headquartered bank holds a meeting with ...

Posted on 03/04/2023

HK home prices hit 4-month high

Hong Kong’s residential-property market has posted gains for two consecutive months, pushing prices to a four-month high.

Posted on 03/04/2023

Sluggish Hong Kong office-rental market shows signs of bottoming out as enquiries pick up, analysts foresee rising rents

Agents are fielding more leasing enquiries as companies upgrade and consolidate, and rents are expected to edge up by the end of the year, according to market players.

Posted on 03/04/2023

Top graduates in Singapore, Malaysia eyeing Hong Kong career path: Paul Chan

Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie.

Posted on 03/04/2023

Canadian rugby women 6th in Hong Kong 7s debut, sit 8th in overall standings

New Zealand continued its domination of the HSBC World Rugby Sevens Series on Sunday with both the men and women lifting the cup at the Hong Kong Sevens. The Canadian women placed sixth after losing ...

Posted on 03/04/2023

Hong Kong national security law: ‘very small number of people’ affected, only 20 convictions in past 3 years, justice chief says

Secretary for Justice Paul Lam emphasises fewer than 250 people have been arrested under Beijing-imposed legislation since 2019 implementation ...

Posted on 02/04/2023

Hong Kong is charting its own web3 path despite China’s anti-crypto stance

While these developments are encouraging signs to some, others question whether the semi-autonomous region has the right conditions for building all forms of web3 organizations and businesses to ...

Posted on 02/04/2023

NZ wins long-awaited men’s and women’s Hong Kong 7s titles

New Zealand achieved the men's and women's double of Hong Kong Sevens titles on Sunday with hard-fought wins over their biggest rivals in the finals. The men defeated Fiji 24-17 after a punishing ...

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