In this article, we discuss China’s mortgage crisis and 10 stocks to watch. If you want to check out more stocks to monitor in this situation, click 5 Stocks to Watch Amid China’s Mortgage Crisis. ( read original story ...)
Growth Is Faltering As Prudential Feels The Heat In Hong Kong
Prudential reported 9% sales growth, but saw profits fall sharply, with Hong Kong and China disruptions. See why we rate PUK stock as a Sell. ( read original story ...)
Hong Kong Population Drops by Record as People Flee Covid Curbs
Hong Kong’s population dropped by a record as people fled strict Covid-19 restrictions that have hobbled the city as most other regions move on from the pandemic. ( read original story ...)
Samsung Solve for Tomorrow 2022 Calls Students to Innovate to Address Pressing Social Issues and Help Build a Better Hong Kong
This year's Solve for Tomorrow theme is 'Innovate for a Better Hong Kong’. Samsung is encouraging the city's primary and secondary students to develop creative technology solutions for diverse local ... ( read original story ...)
Coronavirus: more vaccination venues to be opened for babies, toddlers, Hong Kong civil service chief says while declining to set target for inoculation rate
Hong Kong will open more venues for babies and toddlers to get Covid-19 jabs, the minister in charge of the city’s inoculation drive has said while declining to set a target for boosting children’s ... ( read original story ...)
China: Xi’s ‘Zero Covid Policy’ develops fault lines between administration, citizens
Owing to the hard-line “Zero Covid Policy” of the authoritarian regime of Xi Jinping in China, the number of people protesting in the country is witnessing a perpetual rise. The peaceful protests have ... ( read original story ...)
HSBC overstated risks of proposed $35 bln spin-off, top investor Ping An thinks – source
HSBC overstated the challenges in spinning off its Asia unit, a move which could unlock up to $35 billion for investors, when it rebuffed a proposal by Ping An Insurance Group, said a source familiar ... ( read original story ...)
HSBC overstated Asia spinoff risks, top shareholder Ping An thinks – source
HONG KONG/LONDON (Reuters) -Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank, said a source with direct knowledge of the ... ( read original story ...)
Ping an Sees HSBC Overstating Spin-Off Challenges – Source
The bank has came under pressure from Ping An in April to explore options including spinning off its mainstay Asia business to increase shareholder returns. HSBC pushed back against the proposal ... ( read original story ...)
Ping An Rejects HSBC’s Defense Against Spinoff
Ping An Insurance Group Co. isn’t convinced by HSBC Holdings Plc’s case against its proposed spinoff, arguing the lender is in need of urgent and radical change, according to a person familiar with ... ( read original story ...)
Hong Kong sees 4,376 new Covid cases
Hong Kong on Thursday recorded 4,376 new Covid cases, including 196 imported infections, with health officials renewing their appeal for the public ... ( read original story ...)
‘Tell your own stories’: photos by domestic helpers in Hong Kong and their children sought for exhibition that pays homage to their sacrifice
Pathfinders' #WorkingMomsHK aims to raise awareness of the sacrifices made by Hong Kong's domestic helpers, who are so often separated from their children An upcoming photographic exhibition will ... ( read original story ...)
Hong Kong rail giant MTR Corporation posts 77 per cent rise in profits to HK$4.73 billion in first half of 2022, with property cushioning impact of Covid-19 fifth wave
Rail firm registers profits of HK$4.73 billion over first half of 2022, attributed to property developments such as Lohas Park Havoc wreaked by fifth wave of pandemic caused dramatic drop in ridership ... ( read original story ...)
Hong Kong seizes 20 million baht of heroin hidden in Thai kickboxing pads
The Customs Office of Hong Kong proved it packs a punch when it seized 20 million baht of heroin hidden in kickboxing pads imported from Thailand and arrested a 40 year old man in the process.The ... ( read original story ...)