Hong Kong's leader says he will implement only United Nations sanctions, not U.S. ones, after a yacht linked to a Russian tycoon docked in the city. ( read original story ...)
Hang Seng slumps to sub-17,000 finish
Hong Kong stocks sank again Tuesday as traders remained spooked by central bank interest rate hikes to tame inflation, with many fearing they will ... ( read original story ...)
Hong Kong shares dive to 11-year low as China touts ‘zero COVID’
Hong Kong’s stock market has plummeted to its lowest level in more than 10 years after China doubled down on its punishing dynamic “zero COVID” pandemic strategy. The Hang Seng Index on Tuesday ... ( read original story ...)
HSBC extends Chinese private banking network to lure new digital millionaires
HONG KONG, Oct 11 (Reuters) - HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the ... ( read original story ...)
HSBC Expands China Private Banking Network, Launches in Two New Cities
HONG KONG (Reuters) - HSBC Global Private Banking said on Tuesday it had officially launched its business in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share ... ( read original story ...)
Hong Kong leader says he ‘laughs off’ US sanctions
Hong Kong's leader laughed off US sanctions against him Tuesday (Oct 11) as he defended his government's decision not to act against a superyacht reportedly owned by a Kremlin ally. The Nord - a US$50 ... ( read original story ...)
Hong Kong leader says “no legal basis” to act on Russian superyacht
Hong Kong leader John Lee said on Tuesday there was "no legal basis" for the city to act on Western sanctions, when asked about a Russian yacht berthed in the financial centre that belongs to a ... ( read original story ...)
Hong Kong nixes US sanctions on Russian-owned superyacht
A U.S. State Department spokesperson said in a statement Monday that “the possible use of Hong Kong as a safe haven by individuals evading sanctions from multiple jurisdictions further calls into ... ( read original story ...)
Hong Kong’s Property Market Is Tumbling as Unsold Homes Pile Up
On a recent Saturday, more than 100 salespeople swarmed the floors of a luxury shopping mall in Hong Kong, haranguing shoppers to check out deals at one of the city’s latest residential projects.One ... ( read original story ...)
Morgan Stanley appoints Badalia as Southeast Asia M&A head
Hong Kong-based Badalia takes over from Jonathan Pflug, who is joining U.S. investment bank Raine Group to lead its coverage in Southeast Asia, Reuters reported last month. Badalia, who has been ... ( read original story ...)
South Korea improving on inequality, Hong Kong slipping: Oxfam
South Korea, Singapore, Tajikistan and the Maldives have made some of the biggest strides in tackling inequality during the COVID-19 pandemic, while Hong Kong experienced one of the sharpest declines, ... ( read original story ...)
Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B
The economy may be showing many signs of contraction right now, but many companies still need to do business internationally. Airwallex, the Hong Kong/Australia startup that provides cross-border ... ( read original story ...)
Hong Kong To Give Away 500,000 Plane Tickets To Tourists
Hong Kong dropped their mandatory hotel quarantine requirement, and now they plan to give away half a million airline tickets to boost tourism. This plan has been in the works for the last couple of ... ( read original story ...)
Russian Firms Turn to Hong Kong in Bid to Avoid Sanctions
Russian companies shut out of Western financial capitals are exploring Hong Kong as an alternative, stoking concern among US officials that the Asian hub will become a haven for businesses sanctioned ... ( read original story ...)