Georges Elhedery's appointment as HSBC's chief financial officer caps a journey that's taken him from war-torn Lebanon to frontrunner for the top job at Europe's biggest bank. It’s also surprised ... ( read original story ...)
Coronavirus: Hong Kong government set to amend law giving it power to nullify ‘problematic’ jab exemptions
Executive Council backs decision to amend legislation to give secretary for health powers to invalidate certificates. ( read original story ...)
Hong Kong teachers with serious ‘defects’ in character and conduct could face lifetime classroom ban, education secretary warns
Draft amendments to teachers' code of conduct also throws lifeline to teachers to re-register after disqualification Education secretary said first draft of new regulations for profession now out for ... ( read original story ...)
HSBC Makes Surprise Succession Move As Forecasts Hit Shares
HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise move that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as CEO. ( read original story ...)
Hong Kong Internet Stocks Bounce As Alibaba’s Singles Day Kicks Off
Hong Kong did better than a quick glance would reveal as the Hang Seng Index declined -0.1% while the Hang Seng Tech gained +2.96% led higher by internet stocks. Hong Kong’s most heavily traded by ... ( read original story ...)
Hong Kong Publisher Jimmy Lai Convicted of Fraud
A Hong Kong court on Tuesday found Hong Kong publisher Jimmy Lai. The court found that Lai and two former executives at his company, Next Digital, had sublet part of the office space in the building ... ( read original story ...)
Hong Kong pro-democracy publisher Jimmy Lai found guilty on fraud charges
Pro-democracy Hong Kong publisher Jimmy Lai has been found guilty on two fraud charges related to lease violations ... ( read original story ...)
Hong Kong plans to drop ‘political neutrality’ rule for civil servants, but still require they be impartial
Civil service chief Ingrid Yeung says political neutrality 'cannot be used as an excuse to evade tasks decided upon by the government' One academic argues that keeping requirement in code of conduct ... ( read original story ...)
HSBC sets aside $1.1bn for bad debts in wake of China property crash
HSBC has been forced to set aside $1.1bn (£970m) to cover bad debts in the wake of rising interest rates and a weak Chinese property market, prompting its share price to slump. The high street bank’s ... ( read original story ...)
2023 is ‘year of hope’ for Hong Kong, says Financial Secretary Paul Chan, as city vies to reclaim former status
Chan went all out to convince financial bigwigs gathered in Saudi Arabia that Hong Kong is clawing its way back to its pre-pandemic global hub status 'We had been out of touch with the rest of the ... ( read original story ...)
Phone scammers exploit Hong Kong public’s Covid-19 fears as more than HK$720 million stolen from victims in first nine months of year
Phone scammers steal HK$721 million in first 9 months of 2022 as total lost to fraudsters hits HK$3.3 billion People working from home and socially isolated under Covid rules ‘more vulnerable to ... ( read original story ...)
Hong Kong markets rebound slightly after plunge, Asia-Pacific markets rise
Hong Kong stocks were volatile and mainland China markets continued to slide Tuesday, while other major Asian markets rose. ( read original story ...)
Facing brain drain, Hong Kong plans $3.8 billion ‘trawl’ for global talent
Hong Kong wants international firms to know it means business. The city’s leader, Chief Executive John Lee, announced Wednesday that the government would earmark 30 billion Hong Kong dollars ($3 ... ( read original story ...)
Hong Kong fintech startup Mojodomo launches new brand “On-us” to build a seamless, customized and scalable incentives ecosystem
Asia's first performance-based voucher solution provider, today announced the launch of "On-us", a new brand aiming to provide customers with a trusted, seamless, personal and social brand experience ... ( read original story ...)