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Posted on 27/05/2022

Pinduoduo Beats Estimates, Hong Kong Cheers Internet Earnings, Week In Review

Alibaba HK and Baidu HK gained +12.21% and +14.26%, respectively, following their expectation-beating financial results, which we covered in yesterday’s note. This morning, following the market close ... ( read original story ...)

Posted on 27/05/2022

Greater Bay Area the next big battlefield for banks as revenues set to hit US$200 billion by 2025, HSBC executive says

HSBC plans to make inroads into the lucrative Greater Bay Area, as Hong Kong's largest lender expects banking sector revenues in the area to reach US$200 billion by 2025, according to a senior ... ( read original story ...)

Posted on 27/05/2022

Thousand of people are leaving Hong Kong — and now it’s clear where they’re going

Many global cities stand to benefit from Hong Kong’s increasing “brain drain” of talent. Here are the major metropolises that are taking the talent in. ( read original story ...)

Posted on 27/05/2022

Hong Kong police hunt for triad gang after man hacked to death, woman beaten unconscious with chair in gambling den ambush

Couple were trying to recover HK$100,000 debt Lovers attacked with knives, chairs and metal rods Hong Kong police are searching for a gang of triad members and an alleged drug trafficker in connection ... ( read original story ...)

Posted on 27/05/2022

Vietnam: Unleashing The World’s Future Innovation Powerhouses

Stock This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. ( read original story ...)

Posted on 27/05/2022

UAE port operator DP World warms to more wind, solar, hydropower, biomass and nuclear energy in Asia, in net zero aim

Firm, moving 10 per cent of global cargo, plans to invest hundreds of millions of dollars in decarbonisation strategy and says population’s needs can be met sustainably. ( read original story ...)

Posted on 27/05/2022

Sequoia-Backed Growatt Weighs $500 Million Hong Kong IPO

(Bloomberg) — Growatt, a Chinese smart energy solutions company, is considering a Hong Kong initial public offering to raise as much as $500 million, according to people familiar with the matter. We ... ( read original story ...)

Posted on 27/05/2022

Hong Kong’s incoming leader John Lee to travel to Beijing

Incoming Hong Kong leader John Lee will travel to Beijing on Sunday to accept a letter that officially approves his appointment as the city’s next chief executive. A government statement confirmed ... ( read original story ...)

Posted on 27/05/2022

Hong Kong home prices reverse 3-month drop to climb 0.5% in April

Hong Kong private home prices reversed a three-month decline in April, the latest official data showed on Friday, as the financial hub stabilised after COVID ... ( read original story ...)

Posted on 27/05/2022

HSBC Buys back Over 890K Shrs in HK, London Ytd for Over $46.2M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 897,400 shares in London and Hong Kong yesterday (26th), involving a total of approximately HKD46.2077 million. HSBC repurchased ... ( read original story ...)

Posted on 27/05/2022

Hong Kong Seeks to Revive Global Banking Status With Major Summit

Hong Kong's central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back international business ... ( read original story ...)

Posted on 27/05/2022

Asian markets track Wall St higher, tech leads Hong Kong rally

Asian markets climbed Friday following a strong performance on Wall Street, with Hong Kong leading the way as forecast-beating earnings reports by tech titans Alibaba and Baidu sent their shares ... ( read original story ...)

Posted on 27/05/2022

10 must-see art exhibitions in Hong Kong this June

Yes, Art Central and Art Basel may have wrapped up, but worry not — there are still numerous art exhibitions on show. ( read original story ...)

Posted on 27/05/2022

Hong Kong boy band Mirror is taking on scalpers with real-name rule for buying concert tickets. What is this system and how does it work?

Hong Kong boy band Mirror and independent singer Tyson Yoshi announced this week they would adopt a real-name registration system for the public sale of tickets to their concerts in July and August. ( read original story ...)

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