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Posted on 16/12/2022

WISE moves as financial giant Credit Suisse gives teenage Hong Kong girls a taste of corporate life

Secondary school students visit Credit Suisse office under a programme organised by Women In Sports Empowered Hong Kong Credit Suisse's fundraising efforts for Operation Santa Claus include baking ...

Posted on 16/12/2022

‘Very unsatisfactory’: only 65 overseas doctors apply for special scheme to work in Hong Kong

Scheme recognises qualifications of non-locally trained doctors from 50 overseas medical schools, allowing them to work in city without licensing exam.

Posted on 16/12/2022

Hong Kong investors demand HSBC splits off Asia business

The group is pushing for a resolution to be put at the bank's AGM in April calling on it to restore its pre-pandemic dividend and plan for the split.

Posted on 16/12/2022

Hong Kong government names journalist-turned-regulator Julia Leung as the first woman CEO of SFC

The Hong Kong government has appointed Julia Leung as the first woman CEO of the SFC for a three-year term. She was chosen by a selection panel chaired by the financial secretary following a global ...

Posted on 16/12/2022

Hong Kong’s banks raise prime rate to 15-year highs as HKMA warns borrowers to gird against risks in era of higher funding costs

The HKMA increased its base rate by 50 basis points to 4.75 per cent from 4.25 per cent, taking it close to a 15-year high HSBC, the largest currency issuing bank in Hong Kong, raised its prime rate ...

Posted on 16/12/2022

BOC-MICP seizes P11.5M worth of undeclared agri products

An estimated P11.5 million worth of undeclared agricultural products loaded in six container vans were seized at the Manila International Container Port (MICP), the Bureau ...

Posted on 15/12/2022

Hong Kong’s exports set to drop 6 per cent for 2022, but bounce back by 5 per cent next year

Hong Kong Trade Development Council points exporters to opportunities in Asean and mainland China markets against backdrop of a sluggish global economy Middle East and Asean were the only two export ...

Posted on 15/12/2022

Hong Kong retail shareholders revive HSBC spin-off call

A group of HSBC's Hong Kong-based retail investors are seeking support to demand the bank restore its pre-pandemic dividend and set a plan to spin off assets.

Posted on 15/12/2022

Major local banks lift interest rates

HSBC, Standard Chartered and Bank of China (Hong Kong) on Thursday announced raising their best lending rates by 25 basis points following interest ...

Posted on 15/12/2022

Judge quashes Hong Kong activist Chow Hang-tung’s conviction over Tiananmen vigil

A High Court judge in Hong Kong has quashed the conviction of a prominent pro-democracy activist after ruling that the city’s pro-Chinese authorities failed t ...

Posted on 15/12/2022

Chinese biotech start-up 3D Medicines bucks trend with strong Hong Kong IPO thanks to cancer-drug pipeline

The company bucked a trend in its Hong Kong trading debut on Thursday, becoming one of the few biotechnology listings in recent years to post a first-day gain on the market.

Posted on 15/12/2022

Season Group’s acquisition of Pycom Ltd-a global IoT technology startup with a vision to give all connected ideas an opportunity to succeed

Season Group – an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the U.K. – is pleased to announce its ...

Posted on 15/12/2022

Amid crypto turmoil, Hong Kong debuts first crypto futures ETFs

Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange on Friday in defiance of the ...

Posted on 15/12/2022

ESG reporting: Hang Seng companies have transparency shortcomings

Companies in the Hang Seng Index rank in the midrange internationally in terms of the quality of their ESG reporting. This is the finding of the Global ESG Monitor 2022 (GEM), Regional Report ...

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