Hong Kong's Hang Seng led losses in Asia on Tuesday as South Korea's inflation rose. Consumer prices in South Korea rose 6.3% in July compared with the same period in 2021, official data showed on ... ( read original story ...)
Hong Kong casino tycoon considers Macau move to avoid US delisting
Melco Resorts & Entertainment, a $2.5bn casino group run by Hong Kong casino mogul Lawrence Ho, is weighing relocating its headquarters to Macau to avoid being delisted in the US, according to two ... ( read original story ...)
HSBC gears up to meet Hong Kong investors after pushing back break-up call
Bosses of HSBC will meet retail investors on Tuesday in Hong Kong, the biggest market for Europe's largest lender, as they seek to convince shareholders that their strategy to operate as a global bank ... ( read original story ...)
Why Hong Kong should heed UN condemnation of its failure to protect basic rights
The UN's top human rights body has sharply criticised Hong Kong's application of the national security law, making it clear basic freedoms and the rule of law are in jeopardy Rather than trotting out ... ( read original story ...)
China mortgage strikes threaten property sector’s house of cards
HONG KONG -- Chen Peng put his entire life savings, and that of his parents, into a 300,000 yuan ($44,000) down payment for a condominium that should have been finished in 2018. Four years later ... ( read original story ...)
HSBC shareholder starts group to rally support for Ping An break-up plan
Shareholder Ken Lui said a split would make it easier for HSBC to navigate the rising tension between China and the West. Read more at straitstimes.com. ( read original story ...)
HSBC’s Promises Won’t Satisfy Ping An for Long
The London- and Hong Kong-based bank is facing breakup calls driven by its largest shareholder, Ping An Insurance Group of China, with the aim of freeing the faster-growing Asian businesses from ... ( read original story ...)
US sanctions UAE, Hong Kong firms that ship Iranian oil
The U.S. has sanctioned a United Arab Emirates-based firm and several Asian companies for facilitating the illicit sale of millions of dollars’ worth of Iranian oil for shipment to East Asia. The ... ( read original story ...)
HSBC rejects Ping An break-up call, promises higher dividend
HSBC pushed back on a proposal by top shareholder Ping An Insurance Group Co of China to split the lender, a move Europe's biggest bank said would be costly, while posting profits that beat ... ( read original story ...)
Hong Kong must have a plan to end quarantine if it is to keep international financial hub status, retain talent, fund managers say
"To maintain [Hong Kong's] status as an international financial centre, we need to be true to the label and be international. The ability to travel unfettered internationally is a basic ... ( read original story ...)
Hong Kong economy shrinks amid zero-Covid crackdown and business exodus
Hong Kong has been plunged into a year of economic decline after zero-Covid restrictions and a global trade slump took their toll on the former British territory. In a further sign that some of the ... ( read original story ...)
Hong Kong’s graft-buster charges senior fire services officer with fraud for allegedly swindling bank, corporation out of HK$7.8 million
Senior station officer at Fire Services Department has been accused of making false claims for a mortgage loan. ( read original story ...)
HSBC: H-based Mortgage Rate to Touch Peak with Notably Heavier Weight Next Few Mths
HSBC HOLDINGS (00005.HK)'s Hong Kong mortgage business involves the HIBOR-based mortgage interest rate cap, according to Group Chief Financial Officer Ewen Stevenson, who expected the weight to be ... ( read original story ...)
Hong Kong’s COVID-19 advisory panel recommends vaccine for kids above six months-old – media
The Hong Kong government's COVID-19 advisory panel recommended on Monday to lower the minimum age for vaccines to six months from three years, public broadcaster RTHK reported. ( read original story ...)