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Posted on 16/05/2023

Hong Kong consumer watchdog finds not all health screening packages involve doctors and vary in price and tests offered

Residents advised to consult family doctors and carefully weigh options before paying for health screening packages.

Posted on 16/05/2023

HSBC aims to grow its Asian business amid pressure from top shareholder Ping An

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...

Posted on 16/05/2023

Hong Kong may issue retail bonds to fund part of HK$580 billion artificial islands project off Lantau, finance chief Paul Chan says

he adds Hong Kong's finance chief has suggested issuing retail bonds to fund a large part of the controversial HK$580 billion (US$73.95 billion) reclamation project off Lantau, after critics raised ...

Posted on 15/05/2023

Big banks still operating in Hong Kong are playing a dangerous game

The Chinese government has forced banks to deny Chinese emigrants access to their retirement savings. What Beijing will demand next is anybody's guess.

Posted on 15/05/2023

Billionaire Li’s FWD considers private funding, IPO delayed amid weak market conditions

FWD Group seeks to raise additional capital through private round, pauses IPO strategy amid weak market conditions.

Posted on 15/05/2023

Hong Kong ‘firefighter’ cartoonist bids farewell to newspaper strip after 40 years

One of Hong Kong's most prominent political cartoonists, whose newspaper cartoon strip was axed on Sunday after four decades, defended freedom of expression in the face of political pressures while ...

Posted on 15/05/2023

Hong Kong Disneyland Theme Park Reduces Losses, Awaits ‘Frozen’ Land

The Hong Kong Disneyland theme park managed a 22% increase in visitor numbers in its most recent financial year allowing it to modestly reduce its annual losses. The park, which is jointly owned ...

Posted on 15/05/2023

Amendments to Hong Kong’s flag law will not cover acts outside city’s jurisdiction, says constitutional affairs chief

Under proposed changes, people will be banned from displaying the Hong Kong flag or emblem 'upside down' and in any way that 'undermines dignity' Constitutional affairs minister Erick Tsang also warns ...

Posted on 15/05/2023

Hong Kong Disneyland revenue jumps 31% as domestic visitors hit record

Hong Kong Disneyland Resort (HKDL) said on Monday its 2022 revenue jumped 31% as the number of domestic visitors to its attractions hit a record, helping the company shrug off the effects of ...

Posted on 15/05/2023

Hong Kong Mortgage Battle Sees Banks Go Big on Cash Handouts

Fierce competition for new mortgage customers is driving banks in Hong Kong to offer the highest cash rebates in nearly two decades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote ...

Posted on 15/05/2023

HSBC, Standard Chartered among top Hong Kong banks raising prime rates as HKMA warns of pressure on local funding costs

HSBC led Hong Kong’s biggest banks in raising their lending rates to the highest level since early 2008, following policy rate hikes at home and in the US. Homeowners will face another round of ...

Posted on 15/05/2023

HSBC targets Asia growth amid pressure from top shareholder

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region.The banking giant told investors it is aiming ...

Posted on 15/05/2023

HKTDC and Dun & Bradstreet Hong Kong join forces to help SMEs enhance ESG competitiveness

The Hong Kong Trade Development Council (HKTDC) and Dun & Bradstreet (HK) Limited (D&B) announced a new partnership to help small and medium-sized enterprises ("SMEs"), start-ups, and Micro-, Small ...

Posted on 15/05/2023

HKEX launches China-Hong Kong Swap Connect to help offshore bond investors hedge

Aside from helping offshore investors to manage interest rate risk, the scheme will improve efficiency of clearing and capital usage, said Bank of China (HK).

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