Insilico Medicine, an AI-based clinical-stage drug discovery company, announced a multi-year, multi-targeted strategic research collaboration with Sanofi on November 8. Under the terms of the ...
BoC foils bid to smuggle P80M worth of gold gems
GOLDEN SMUGGLE TRY. Operatives of the Bureau of Customs at the Ninoy Aquino International Airport foil an attempt to smuggle an estimated P80 million worth of gold jewelry concealed at the lavatory of ...
JD Beats, Hong Kong Tech Concludes Strong Week, Week In Review
Asian equities were mixed this week while Hong Kong-listed internet and real estate stocks outperformed. President Biden met with President Xi on the sidelines of the G20 on Monday, notching a key improvement in relations between the two superpowers and ...
A top Hong Kong crypto firm ends trading after FTX collapse: ‘We don’t know which counterparties would fail next’
A top Hong Kong cryptocurrency firm will stop over-the-counter trading over concerns of broader market turmoil since the collapse of FTX. Genesis Block told customers in an email first reported by ...
Pandemic, Central Banks, Property Issues Drive Hong Kong Shares Into Red
The Hong Kong Hang Seng Index opened higher Friday but sagged in the afternoon, finishing off 0.3% as traders weighed tenacious COVID-19 outbreaks in mainland China, the nation's struggling property ...
Analysis-Reluctant Buyers Pose Main Threat to Beijing’s Property Revival Efforts
BEIJING/HONG KONG (Reuters) - A slew of recent supportive measures will bring China's cash-strapped property developers much needed relief, but a full recovery of the sector will be hobbled by ...
Central Bank Prospects, Pandemic Undercut Asian Exchanges
MT Newswires Primary Image In Japan, the Nikkei 225 opened higher, wobbled and then finished off 0.1% after Federal Reserve official James Bullard on Thursday signaled that more rate hikes are on the ...
Gold luck! BOC stunned to find gold jewels worth P80M on plane toilet
The BOC said in a statement that the bundles of jewelry weighing 24 kilos in total were discovered hidden inside the toilet of aircraft PR 301, which arrived from Hong Kong on November 17. It noted ...
Hong Kong’s leading crypto retail operator says it ceases trading as FTX fallout roils sector
HONG KONG, Nov 18 (Reuters) - A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, and solvency issues at other ...
Chinese reporter beaten by Hong Kong protesters in 2019 died: Report
A former mainland Chinese reporter who became a public figure after his assault by protesters at Hong Kong’s airport during the 2019 unrest, has died. Fu Guohao died in October 2021 aged 30 after ...
Gold luck: BOC accidentally finds P80-M gold pieces of jewelry in airplane toilet
The BOC said in a statement that the bundles of jewelry weighing 24 kilos in total were discovered hidden inside the toilet of aircraft PR 301 which arrived from Hong Kong on November 17. According to ...
Property risks manageable for Hong Kong banks: analyst
Hong Kong banks’ profitability will be supported by strong net interest margins in 2023, whilst property-related risks should be manageable. Stronger net interest margins should support bank ...
Sunshine Insurance Said to Win HKEX Approval for $1 Billion IPO
China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that could raise about $1 billion, according to people familiar with the ...
First Hong Kong tour groups leave for Taiwan after self-ruled island reopens to city under eased Covid rules
They had visited the island once and were looking for a quick getaway from Hong Kong. Hong Kong cuts PCR screening requirement for incoming travellers to 2 tests Yu, who like her sister is travelling ...