Hong Kong’s new leader John Lee said Tuesday at his first news conference since taking office that he will work on easing restrictions for travelers while balancing the risks of a coronavirus outbreak ... ( read original story ...)
Tycoon who vanished from Hong Kong is being tried in China, Canada says
Xiao Jianhua’s disappearance in 2017 fueled fears that Beijing might be abducting people abroad; officials have never confirmed whether he was detained or disclosed possible charges. ( read original story ...)
Hong Kong considers shorter COVID quarantine for travellers -Lee
Hong Kong will look into shortening COVID-19 quarantine requirements for travellers, while still aiming to curb the spread of the virus and prevent hospitals from being overwhelmed, the city's new ... ( read original story ...)
Why Hong Kong’s billionaire factory is broken
Real estate has always been at the centre of some of Hong Kong’s legendary rags-to-riches stories, but the number of mega-rich are drying up. ( read original story ...)
HSBC Buys back Over 2.42M Shrs in HK, London Ytd for $124M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 2.422 million shares in London and Hong Kong yesterday (4th), involving a total of approximately HKD124 million. HSBC repurchased ... ( read original story ...)
ZA Bank, a Hong Kong Digital Only Bank, Uses “Millionaire PowerDraw” to Boost Users
ZA Bank, one of a handful of regulated digital-only banks in Hong Kong, has announced a new promotion to increase users. ZA Bank has launched “Millionaire PowerDraw” to “bring joy to HongKongers.” The ... ( read original story ...)
Hong Kong’s IPO market still lags behind other exchanges
In the global race to host initial public offerings, there has been a notable laggard this year — Hong Kong. The Asian financial hub has ranked first in IPO fundraising for four out of the past seven ... ( read original story ...)
FY2023 Earnings Estimate for BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Issued By Jefferies Financial Group
Analysts at Jefferies Financial Group increased their FY2023 earnings per share estimates for BOC Hong Kong in a note issued to investors on Thursday, June 30th. Jefferies Financial Group analyst now ... ( read original story ...)
At Least 12 Dead and Over a Dozen Missing After Typhoon Sinks Ship in Hong Kong
Four crew members have since been rescued after tropical storm Chaba caused a Chinese engineering ship to break in half over the weekend ... ( read original story ...)
Hong Kong raises prospect of Shenzhen border easing by Aug 4
Hong Kong's new health secretary said on Monday he hoped the border with Shenzhen would reopen before Aug. 4, a move that would mark a significant relaxation of China's strict border controls, ... ( read original story ...)
Chinese mainland, Hong Kong expand financial cooperation with Swap and ETF connects
In a sign of deepening financial cooperation between the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) amid the 25th anniversary of Hong Kong's return to the motherland, ... ( read original story ...)
Hong Kong gets a shot in the arm as China’s offshore financial hub with new products and deeper yuan pool in expanded Connect scheme
Hong Kong and China will develop a Swap Connect programme for bonds this year, after formally kicked off the ETF Connect programme The PBOC upgraded Hong Kong's yuan settlement programme into a ... ( read original story ...)
4 rescued, a dozen bodies retrieved after typhoon sinks ship off Hong Kong
Rescue officials in the global financial hub had warned that “very slim” chances remained of finding others alive. ( read original story ...)
Tycoon who disappeared from Hong Kong hotel in 2017 stands trial in China
Canadian-Chinese businessman Xiao Jianhua will finally stand trial in case linked to President Xi’s corruption drive ... ( read original story ...)