Condensed campaign period to blame, some say, and being vague allows Lee 'flexibility with policies' Lack of details makes it hard to assess if he does well in office, say critics who expected more ... ( read original story ...)
A mental health epidemic too? Hong Kong employees complain of stress, depression, anxiety amid fifth wave of Covid-19 infections
I started feeling better immediately,” she said. READ FULL ARTICLE More Hong Kong white-collar workers have been experiencing mental health problems ranging from anxiety to depression especially ... ( read original story ...)
Coronavirus: Hong Kong’s ‘immunity barrier’ short-lived unless more residents get third vaccine dose, pandemic adviser warns
Hong Kong has formed a Covid-19 “immunity barrier” with millions of people infected and a high inoculation rate, but this protection is short-lived unless more residents receive at least three vaccine ... ( read original story ...)
Hong Kong virtual banks target billion-dollar wealth management fees as HSBC, Chinese banks slip up
That is double the volume at the end of 2019, underscoring the potential in the business through digital platforms. Hong Kong's multimillionaire population dropped 15 per cent last year as stock ... ( read original story ...)
Chinese demand break up of HSBC: Bank’s biggest shareholder Ping An wants Asian spin-off
Chinese insurance giant Ping An, which has an 8 per cent stake, has told executives it wants to see the bank spin off its Asian business into a separate entity listed on the Hong Kong stock market. ( read original story ...)
HSBC’s top shareholder calls for banking giant’s break-up – source
Reuters reported last year that Beijing had grown disenchanted with HSBC over sensitive domestic and international legal and political issues, from China's crackdown in Hong Kong to the U.S. ( read original story ...)
HSBC’s Largest Shareholder Supports Breakup of Europe’s Largest Bank
Co. has held discussions with the bank on the idea of spinning off HSBC’s Asian operations and listing them separately in Hong Kong, according to people familiar with the matter. The shareholder ... ( read original story ...)
Bank branches continue to decline as more lenders go digital amid pandemic but city’s elderly mean they will not disappear entirely
One day in early March, Cheung Tin-sang found that the Hang Seng Bank branch near his office in Hong Kong’s Sheung Wan area was closed. Unperturbed, the octogenarian walked 15 minutes to another ... ( read original story ...)
As world tourism starts to recover, where does that leave Hong Kong?
A McKinsey report on China tourism agreed that Chinese tourists ... we lack any plausible force to bring life back to our tourism economies. Meanwhile, here in Hong Kong, the very lifeblood of our ... ( read original story ...)
Where in the world do Chinese travellers feel safest?
More Chinese media attention on outbreaks in Hong Kong and on the mainland and fewer stories about ... Chinese travellers want to collect moments, not thingsLatest McKinsey survey indicate that ... ( read original story ...)
Hong Kong deposits, loans rise in first quarter but loans for stock investment fall amid IPO slump, HKMA data shows
The increase in deposits and loans showed that the city's financial activities have not been affected by the widespread closure of bank branches during the first quarter. Hong Kong's 20 major lenders ... ( read original story ...)
Hong Kong student sentenced to 5 years in jail for sending pro-independence messages on Telegram
An engineering student from Hong Kong has been sentenced to five years in jail for advocating the city’s independence from the Chinese Communist Party in his messages sent on instant messaging app ... ( read original story ...)
HSBC’s biggest investor calls for bank to be split up
It would bring an end to the bank’s 157-year history as a lender straddling both Europe and Asia, leaving it to focus on its most profitable businesses in the Chinese mainland and Hong Kong. The bank ... ( read original story ...)
Grand Mayfair I in Yuen Long sells out as Hong Kong chief executive candidate John Lee spells out housing policy
Hong Kong chief executive candidate John Lee Ka-chiu’s housing policy is likely to help more Hongkongers get on the property ladder, but he will have to come up with innovative solutions to solve the ... ( read original story ...)