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Posted on 23/03/2023

Shareholders bear losses before investors of AT1 bonds: Hong Kong Monetary Authority

Hong Kong's quasi-central bank on Wednesday said investors of additional tier 1 one (AT1) bond should follow equities shareholders in absorbing losses, as market were roiled in the wake of a write off ...

Posted on 23/03/2023

Hong Kong Central Bank Raises Rate After Fed Hike

HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA ... The Federal Open Market Committee policy statement also said the U.S. banking system is "sound and resilient". The Most Important Ages ...

Posted on 23/03/2023

Fan assaulted by 2 women at JJ Lin’s Hong Kong concert after telling them to get down from table

A JJ Lin fan was assaulted by two women during the Singaporean singer's concert in Hong Kong last week after she called them out for obstructing other spectators’ views. In a Weibo post, the victim ...

Posted on 23/03/2023

“Winnie the Pooh: Blood and Honey” slasher film pulled from Hong Kong cinemas

Film distributor VII Pillars Entertainment announced on Facebook that the release of "Winnie the Pooh: Blood and Honey" on Thursday had been canceled with "great regret" in Hong Kong and neighboring ...

Posted on 23/03/2023

Debt-ridden China Evergrande Rolls Out Restructuring Plan

The next hearing in the Hong Kong winding-up case is scheduled for July 31 ... including Evergrande -- failing to complete housing projects, triggering protests and mortgage boycotts from homebuyers.

Posted on 23/03/2023

Syngenta’s $9.5 bln IPO moves closer with Shanghai bourse hearing

Syngenta's $9.5 billion flotation has moved a step closer after the Shanghai Stock Exchange scheduled a hearing next week for the Swiss agrichemicals and seeds company's listing plan.

Posted on 23/03/2023

‘Winnie the Pooh’ horror film is mysteriously pulled from Hong Kong theaters

Though the distributor gave no reason, the announcement added to censorship concerns amid a government crackdown in the Chinese territory.

Posted on 22/03/2023

Hong Kong Regulator Reassures Creditors on Resolution Hierarchy

The Hong Kong Monetary Authority reassured investors that subordinated debt holders have priority over shareholders when banks are being wound up, in a response to media inquiries regarding creditor ...

Posted on 22/03/2023

Mystery as Thousands of Dead Fish Found on Hong Kong Beach

While the cause for the thousands of dead fish is unclear, a red tide algal bloom has been reported on a separate beach just miles away.

Posted on 22/03/2023

HSBC invites Grammy-winner Pharrell Williams to meet its richest Hong Kong clients as it introduces art-finance offering

Wealthy Hong Kong clients of HSBC will dine with Grammy-winning recording artist Pharrell Williams on Wednesday as the bank hosts a series of events to promote the launch of an offering that allows ...

Posted on 22/03/2023

‘Winnie The Pooh’ Slasher Movie Pulled From Hong Kong Cinemas

Public screenings of a slasher film that features Winnie the Pooh were scrapped abruptly in Hong Kong on Tuesday, sparking discussions over increasing censorship in the city. Film distributor VII ...

Posted on 22/03/2023

Hong Kong heiress sues gallery owner Pearl Lam over Banksy painting

An heiress of the Hong Kong beverage giant Vitasoy International is suing prominent gallery owner Pearl Lam, saying she has paid 500,000 pounds ($613,000) for a Banksy painting that was never ...

Posted on 22/03/2023

UPDATE 1-China, HK stocks extend rally as banking fears ease, Fed comes into focus

HONG KONG, March 22 (Reuters) - China and Hong Kong stocks rallied for a second day after U.S. banking stocks rebounded overnight on hopes that a global banking crisis has been averted for now, while ...

Posted on 22/03/2023

From Singapore to Seoul, Asia’s rising art capitals vie for Hong Kong’s crown

International visitors are flocking back to Hong Kong for this week's Art Basel. But is the city still Asia's leading art marketplace?

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