A group of bipartisan lawmakers issued a fiery rebuke of the recent guilty verdict of Hong Kong media tycoon Jimmy Lai on fraud charges Tuesday. ( read original story ...)
Fifth Time Lucky? Wheel Maker Buyang Takes New Spin at Hong Kong IPO
Buyang International is making a fifth attempt to list in Hong Kong, hoping to raise funds for a major new expansion that will double its capacity The company churns out a majority of its revenue from ... ( read original story ...)
UK fusion energy firm Tokamak eyes Hong Kong as one potential funding source to help it develop its zero-emission technology
Nuclear fusion energy, if proven commercially viable, may offer clean, affordable and secure energy in the future, meaning long-term investors are paying attention. ( read original story ...)
Hong Kong SaaS start-up WATI collects US$23 million in funding from Shopify, Tiger Global in bets on Southeast Asia growth
WATI becomes the latest Hong Kong-based software-as-a-service (SaaS) start-up to collect new funding from big-name global investors International investors are betting on the rapid digital ... ( read original story ...)
Hong Kong-based professional services firms ramp up in Singapore
With Pearce's relocation, Dickson Yuen, whose responsibilities have included leadership of the company's Hong Kong business, has been promoted to regional director, reporting to the firm's co-founders ... ( read original story ...)
U.S. blasts verdict against Hong Kong democracy advocate Jimmy Lai
Media mogul Jimmy Lai, founder of Apple Daily, arrives the Court of Final Appeal by prison van in Hong Kong, China February 9, 2021. REUTERS/Tyrone Siu ... ( read original story ...)
Hong Kong Hang Seng Up 1% on Central Bank Outlooks
The Hong Kong Hang Seng Index opened higher Wednesday, wobbled, but still finished up 1% as traders weighed prospects for less tightening by major global central banks, including the US Federal ... ( read original story ...)
Transcript: This Is What 7% Mortgages Will Do to the Housing Market
On this episode of Odd Lots, we speak with Morgan Stanley housing strategist Jim Egan about what comes next. Egan argues that while high mortgage rates will discourage buyers, there won't be a ... ( read original story ...)
Hong Kong-based professional services firms ramp up in Singapore as they eye lucrative Southeast Asian market
Professional services companies are expanding their presence in Singapore as they seek to gain a bigger share of the growing Southeast Asian market, with some eyeing the medical tourism sector. Hong ... ( read original story ...)
China and Hong Kong stocks rebound on slower rate-hike hopes
China stocks recovered on Wednesday, as signs of the U.S. Federal Reserve slowing its aggressive interest rate hikes and Beijing's supportive tone on the market boosted sentiment. ( read original story ...)
HSBC’s direction in question after Elhedery’s sprint to CEO contender
LONDON/SINGAPORE: Georges Elhedery's appointment as HSBC's chief financial officer caps a journey that's taken him from war-torn Lebanon to frontrunner for the top job at Europe's biggest bank. It’s ... ( read original story ...)
HSBC’s Sudden CFO Change Piles On the Investor Gloom
The bank delivered some ugly surprises, and bad headlines continue to plague the UK and China, two of its most important markets. ( read original story ...)
HSBC ditches its cost-cut tsar before job is done
HSBC , boss Noel Quinn is getting rid of a cost-cutting finance chief, Ewen Stevenson, while his skills are still in need. To avoid spooking investors, new broom Georges Elhedery will have to wield ... ( read original story ...)
HSBC’s third-quarter profit beats expectations as Hong Kong and UK, its two biggest markets, face economic pressure
Net profit fell to US$1.9 billion, compared with US$3.5 billion in last year's third quarter; better than analysts' expectations Ewen Stevenson to step down as chief financial officer at end of the ... ( read original story ...)