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Posted on 03/05/2022

Alibaba, JD.com, Xiaomi slide in Hong Kong while HSBC and Ping An advance amid calls to split bank’s Asian operations

Wild swings seen in prices of Chinese tech stocks following a massive rally on Friday amid speculation about an end to sector crackdown HSBC and Ping An Insurance jump amid reports calling for a break ... ( read original story ...)

Posted on 03/05/2022

Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate

Alibaba and the Jack Ma Foundation did not immediately respond to a request for comment. U.K.-based bank HSBC's stock in Hong Kong rose 1.85%. On Friday, Reuters reported HSBC's top shareholder ... ( read original story ...)

Posted on 03/05/2022

HSBC shares edge up after top shareholder urges bank’s break-up

SINGAPORE, May 3 (Reuters) - Shares in HSBC Holdings rose in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), called for a break-up of the ... ( read original story ...)

Posted on 03/05/2022

HSBC helps Hong Kong stocks to inch higher, Alibaba takes a spin

Hong Kong stocks edged higher on Tuesday, building on last Friday's gains, helped by index heavyweight HSBC which rose after its largest shareholder, Chinese insurance giant Ping An, called for a ... ( read original story ...)

Posted on 03/05/2022

How a digital revolution is redefining the way property owners design, operate and manage real estate in Hong Kong

According to a McKinsey report, existing buildings account for around 7 per cent of global CO2 emissions. In Hong Kong, a recent study found that because of its unique, high-density, built environment ... ( read original story ...)

Posted on 03/05/2022

Hong Kong plummets towards bottom of press freedom ranking

Hong Kong, a regional media hub for both international and local media, has been steadily slipping down the table under Chinese rule. In the last year alone it has plunged 68 places to 148th, ... ( read original story ...)

Posted on 03/05/2022

Hong Kong to further ease COVID curbs, bars to stay open until 2 a.m.

HONG KONG, May 3 (Reuters) - Hong Kong will further ease COVID-19 restrictions, allowing bars to open until 2 a.m. and raising the number of diners permitted at a table to eight from four, as cases in ... ( read original story ...)

Posted on 03/05/2022

Hong Kong to accelerate reopening from this week as Covid-19 cases fall

HONG KONG (BLOOMBERG) - Hong Kong will bring forward reopening plans as cases drop, easing mask-wearing rules and allowing more leisure venues to reopen from this week, Chief Executive Carrie Lam said ... ( read original story ...)

Posted on 03/05/2022

PayMe and BOC Pay to join next phase of consumption voucher scheme

The Hong Kong government has added HSBC's PayMe and Bank of China (Hong Kong)'s BoC Pay in implementing the second phase of the consumption voucher scheme this year. There will be a total of six ... ( read original story ...)

Posted on 03/05/2022

HSBC shares set to open steady after top shareholder calls for bank’s break-up

SINGAPORE, May 3 (Reuters) - Shares in HSBC Holdings were set to open flat in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), called for a ... ( read original story ...)

Posted on 03/05/2022

HSBC shares outperform after top shareholder calls for bank’s break-up

SINGAPORE (Reuters) -Shares in HSBC Holdings edged up in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An, called for a break-up of the London-based bank. ( read original story ...)

Posted on 03/05/2022

‘The worst is over’ for Hong Kong’s shops segment, with rents and prices to recover on better consumer sentiment

Hong Kong’s retail landlords bank on emerging concepts like art exhibitions, delivery-only kitchens to lease vacant shops Meanwhile, the city recorded 288 shop transactions in the first three months ... ( read original story ...)

Posted on 03/05/2022

HSBC and Ping An log early gains as investors await ‘debate’ about insurer’s push to split the bank’s Asia business for a Hong Kong listing

... HK$51.90 in recent transaction HSBC and Ping An Insurance Group logged early gains in Hong Kong trading amid a developing tussle between the city's largest bank and its biggest shareholder for a ... ( read original story ...)

Posted on 03/05/2022

‘Not a businessman’: Hong Kong’s next chief faces test on economy

John Lee Lee has pledged to revive Hong Kong's economy and expand the city's 'international connectivity' [File: Lam Yik/Bloomberg] Hong Kong, China – Hong Kong’s leader-in-waiting, John Lee, has ... ( read original story ...)

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