HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring. Hong Kong banks are shelling out large sums of money to attract, retain, and develop key staff amidst a shrinking ... ( read original story ...)
Flight Bookings to Hong Kong Surge 249% After Quarantine Cut
Hong Kong’s decision to reduce the number of days arrivals must spend in hotel quarantine triggered an immediate surge in flight bookings to the city, said China’s largest travel online agency. ( read original story ...)
Alibaba’s dual primary listing in Hong Kong gains final approval
Alibaba Group Holding Ltd said on Monday night its voluntary conversion to a dual primary listing in Hong Kong has been confirmed by the Hong Kong stock exchange. Alibaba, which already has a ... ( read original story ...)
No plans to waive extra stamp duty for mainland Chinese home buyers in Hong Kong, finance chief says in rejecting media reports quoting top adviser
Executive Council member Regina Ip earlier told Bloomberg move could be considered as a way to shore up economy and reverse brain drain She later tells Post this is her own idea that she intends to ... ( read original story ...)
Hong Kong says it has held no discussions on relaxing property stamp duty
Hong Kong's government said on Tuesday it had no plans to relax its stamp duty on property, responding to media reports that it could consider waiving the extra stamp duty that mainland Chinese have ... ( read original story ...)
HSBC Aims To Placate Hong Kong Investors After Rejecting Break-up Call From Ping An
HSBC's bosses will meet retail investors in Hong Kong on Tuesday, seeking to convince them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top ... ( read original story ...)
HSBC hard sells growth plan to disgruntled investors after rebuffing breakup
HSBC executives on Tuesday defended the lender's strategy to operate as a global bank and promised better returns to disgruntled individual shareholders in Hong Kong, a day after rebuffing a break-up ... ( read original story ...)
Typhoon signal upgraded to no. 3 in Hong Kong as tropical depression looms
Hong Kong’s meteorological agency upgraded its typhoon warning to signal no. 3 on Tuesday morning as a tropical depression looms. ( read original story ...)
Alibaba gets Hong Kong’s approval for a primary stock listing
Alibaba is making Hong Kong a "primary" listing for its shares, paving the way for mainland China investors to trade the stock directly. ( read original story ...)
Hong Kong mulls cutting stamp duty for China homebuyers: Ip
Hong Kong may consider waiving extra stamp duty on homes for mainland Chinese buyers as a way to shore up the economy and reverse a brain drain, according to a top adviser to Hong Kong’s leader. Local ... ( read original story ...)
Hong Kong may cut home stamp duty for mainland buyers – Bloomberg News
Hong Kong may consider waiving extra stamp duty on homes for mainland Chinese buyers as a way to shore up the economy and reverse a brain drain, Regina Ip, convenor of the government's advisory ... ( read original story ...)
Hong Kong retail landlords expect slow recovery even as travel restrictions ease and latest vouchers boost retail spending
Market watchers do not expect an immediate impact from a reduction in quarantine requirements, though new round of vouchers should boost spending With rents at 1988 levels, tenants should extend ... ( read original story ...)
Meituan, JD.com drag Hong Kong stocks as China lockdowns cloud earnings outlook while traders await US inflation report
Sporadic lockdowns have dissipated all of the stock gains from Shanghai reopening in June, leaving market bulls frustrated US inflation data due on Wednesday keeps market focus on Fed policy amid ... ( read original story ...)
Hong Kong Stock Market Has Flat Lead For Tuesday’s Trade
The Hong Kong stock market on Monday wrote a finish to the three-day winning streak in which it had advanced more than 510 points or 2.5 percent. The Hang Seng now rests just beneath the 20,050-point ... ( read original story ...)