China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Brace for more mortgage pain as HSBC, Hong Kong peers seen lifting prime rates with the Fed odds-on to tighten policy again
The upshot is that it could help stem capital flight to higher-yielding US dollar assets. HSBC, Standard Chartered, Bank of China (Hong Kong) (BOCHK) and their peers are likely to bump up their prime ...
Hang Seng expands remote account opening service to HK companies with mainland shareholders
Hang Seng Bank is now offering commercial banking e-Sign Service for mainland customers, becoming the first bank in Hong Kong to offer this service. It is also expanding the scope of its business ...
HSB to Offer Commercial Banking e-Sign Service for Mainland Customers
HANG SENG BANK (00011.HK) expressed that, to assist companies that wish to expand their business in Hong Kong, Hang Seng is the first bank in the city to provide mainland customers with a Commercial ...
Illegal drugs seized at Hong Kong airport surged by 80 per cent to 2.3 tonnes worth HK$970 million in first half of year, customs says
Customs officers at Hong Kong International Airport seized nearly 2.3 tonnes (2.5 tons) of illegal drugs discovered in cargo consignments and among passengers in the first half of this year, an ...
Think Business, Think Hong Kong Concluded Successfully
Over 2,000 Business Buyers From ASEAN Keen to Leverage Hong Kong Platform BANGKOK, - (NewMediaWire) - July 17, 2023 - (ACN Newswire)-Organised by the Hong Kong Trade Development Council (HKTDC), the ...
To put wind back in Hong Kong’s sails, youth outreach must go full speed ahead
The government's youth development blueprint is a good start and paints a positive picture ... to integrate the city's ethnic minorities into the wider population As Hong Kong grapples with steering ...
Brace for more mortgage pain as Hong Kong lenders seen lifting prime rates with the Fed odds-on to tighten policy again
Eleven of 13 analysts surveyed by the Post on Monday expect Hong Kong lenders to increase their prime rates by at least 12.5 basis points next week Higher borrowing costs will burden consumers with ...
Shock as Man Accidentally Books To Stay in One of Hong Kong’s ‘Coffin Homes’
The property that Wei shows in the video, which contains some expletives, is relatively luxurious compared to some of the permanent residents of other "coffin homes," who often have to share a bathroom with multiple other residents, and sometimes don't have a bed, and resemble a horizontal cupboard rather than a room.
Fifty years on, Bruce Lee’s legacy squares up to modern life in Hong Kong
Fifty years after the death of Bruce Lee, who galvanised the imaginations of generations of young people worldwide with feats of kung fu immortalised on screen, it sometimes seems as if his legacy of the martial art he practiced is fading in Hong Kong.
Alibaba-Backed AI Startup Megvii Revives Shanghai IPO Dreams
Ant Group and Taobao China Holding, two affiliates of e-commerce giant Alibaba Group Holding, hold a combined 29.4 percent stake in Megvii, according to the prospectus. But founders Yin Qi, Tang ...
Hong Kong’s hotel capital market to hit USD1b in 2023
Full recovery is expected by next year. Overall hotel supply in Hong Kong, according to JLL, is expected to remain relatively sluggish due to the current headwinds, including inflated construction ...
June Economic Data Released As Typhoon Talim Closes Hong Kong
Asian equities were mixed overnight, with Hong Kong unexpectedly closed due to Typhoon Talim.
Typhoon Talim sweeps south of Hong Kong, prompting schools, stock market to close
Flights, schools, ferries, and even the stock market in Hong Kong were closed Monday as the city braces for a typhoon expected to make landfall in the neighboring provinces of China.