DBS Hong Kong received four best bank awards for the first time, namely 'Hong Kong's Best Bank' from Euromoney's Awards for Excellence 2022, 'Hong Kong's Best International Bank' from Asiamoney's Best ... ( read original story ...)
‘My Worldview Has Been Destroyed’: Chinese Banking Scandal Tests Faith in the System
The disappearance of ordinary savers’ money, and the government’s seemingly indifferent response, could pose a major test for the Communist Party’s legitimacy. ( read original story ...)
China’s Henan bank crisis: Despite promises, banks fail to repay depositors
Despite promises that depositors in China Henan villages will get their frozen money back in batches with the first due on July 15 only a handful of deposito ... ( read original story ...)
Hong Kong’s animal shelters are filling up as residents leave the city
Charities in Hong Kong are conducting an online campaigning blitz, as they struggle to offload the animals they have received after an exodus of residents from the city. The tightening of already ... ( read original story ...)
Second man arrested in Hong Kong over case of 23 unauthorised alerts from TVB app
Hong Kong police have arrested a second man over the release of 23 unauthorised push notifications two months ago from the news app of TVB, the city’s biggest free-to-air broadcaster. ( read original story ...)
More Hong Kong students choose Britain for further education as pound sinks to record low
DSE results out this week, but many students decided earlier than usual to study in Britain with weakening currency. ( read original story ...)
Hong Kong sees 3,019 new local Covid infections
Hong Kong on Tuesday recorded 3,019 new local coronavirus infections, 237 imported cases and four deaths of Covid patients. The Hospital Authority said seven patients were in intensive care. ( read original story ...)
Hong Kong’s April-June unemployment eases to 4.7%, outlook seen improving
Hong Kong's seasonally adjusted unemployment rate eased to 4.7 per cent in the April-June quarter, thanks to an easing in the COVID situation, a relaxation of social distancing and support from a ... ( read original story ...)
3 Hong Kong jobseekers lose $1.1 million to scammers after falling victim to online shopping con
90% of victims who were caught out by fake offers of employment this year fell for the 'Boosting Sales' con Public warned to avoid job adverts that offered big salaries but did not have any ... ( read original story ...)
Banks, F&B operators lock in leases as Hong Kong’s retail rents sink to 32-year low
As Hong Kong’s high street shop rents slump to the lowest point since early 1988, businesses are cashing in on the opportunity to set up in prime locations. ( read original story ...)
Remarks by top state official overseeing Hong Kong affairs to clamp down on ‘anti-China forces’ not targeting difference in views, Beijing heavyweight says
A top state official overseeing Hong Kong affairs was not targeting those with differing views when he made the call to clamp down on anti-China forces, a pro-Beijing heavyweight in the city has said. ( read original story ...)
Coronavirus: staff at care homes for elderly and disabled in Hong Kong ‘to undergo weekly PCR tests’ in early bid to shore up defences amid fifth wave rebound
Staff at care homes for the elderly and the disabled will have to take polymerase chain reaction (PCR) tests for Covid-19 every week instead of every fortnight in one of the first moves by the new ... ( read original story ...)
Chinese banks’ half-truths hinder mortgage fix
A rare mortgage boycott spotlights the problem with Chinese banks' half-truths about asset quality. Seventeen banks say homebuyers' refusal to pay instalments warrants little concern, but the ... ( read original story ...)
School district home rents drop by the most in 2 years as more Hong Kong residents head for the emigration queue
Property agency data show that areas with underpopulated schools saw the biggest rent declines through the pandemic Net outflow of residents is likely to continue for some time, with a negative and ... ( read original story ...)