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Posted on 06/04/2022

HSBC Launches Metaverse Portfolio for Wealthy Asian Clients

HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its rich clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new ... ( read original story ...)

Posted on 06/04/2022

Hong Kong housewife swindled out of HK$65 million by phone scammers accusing her of spreading fake news

Posing as an employee of Beijing’s liaison office, a fraudster called the woman last year and accused her of ‘breaking mainland laws by spreading false news about anti-pandemic measures’. ( read original story ...)

Posted on 06/04/2022

Hong Kong Private Sector Falls Most Since April 2020

Hong Kong's private sector contracted at a sharper pace in March amid lingering COVID-19 disruptions, survey results from S&P Global ... ( read original story ...)

Posted on 06/04/2022

Hong Kong arrests six activists on accusation of sedition

Hong Kong police arrested six activists on Wednesday for suspected sedition and contravention of a national security law in connection with what the police called "causing nuisance" at court hearings ... ( read original story ...)

Posted on 06/04/2022

Hong Kong’s No. 2 Official Resigns Ahead of Leadership Election

The Hong Kong government said on Wednesday that Chief Secretary John Lee, a security official during the global financial hub's prolonged and often violent 2019 pro-democracy protests, had resigned. ( read original story ...)

Posted on 06/04/2022

HSBC Launches Portfolio on Metaverse for Rich Asian Clients

HSBC Holdings Plc has launched a fund for metaverse opportunities for its private banking clients in Hong Kong and Singapore, as the U.K. lender wades further into the $800 billion virtual reality ... ( read original story ...)

Posted on 06/04/2022

Alibaba Down 4.5%, JD Down 4.9%: What’s Driving Hong Kong Markets Lower Today

Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) — traded in red in Hong Kong on Wednesday (local time). The stock of ... ( read original story ...)

Posted on 06/04/2022

Hong Kong police arrest six for sedition over court ‘nuisance’

Six people accused of causing a nuisance in a Hong Kong courtroom found themselves arrested for sedition Wednesday, as local authorities continue to ramp up use of the colonial-era law against critics ... ( read original story ...)

Posted on 06/04/2022

China Backs Former Security Chief to Lead Hong Kong, SCMP Says

Hong Kong’s No. 2 official, John Lee, will be the only candidate to seek the city’s top post, local media reported, as China looked to elevate one of the chief proponents of a sweeping crackdown on ... ( read original story ...)

Posted on 06/04/2022

Hong Kong leader says she has not received any resignations from officials

Hong Kong leader Carrie Lam said on Wednesday she has not received any resignations from officials in her administration amid media reports that her deputy, John Lee, would soon resign to run in a ... ( read original story ...)

Posted on 06/04/2022

‘So many bodies piled up’: Hong Kong funeral services overwhelmed by COVID

Traditional wooden coffins are running short in Hong Kong as authorities scramble to add mortuary space in the global financial hub's battle on COVID-19, which is swamping funeral parlours. ( read original story ...)

Posted on 06/04/2022

Hong Kong buyers give nano flats a wide berth as buyers armed with larger mortgage amounts eye bigger homes

Only 92 small flats, or those under 280 sq ft in size, were transacted on the secondary market in March, 24 per cent lower than February Average price fell 0.7 per cent month on month to HK$4.03 ... ( read original story ...)

Posted on 06/04/2022

Hong Kong funeral services overwhelmed by Covid-19 deaths

The city is running short of coffins and infections among staff poses a challenge. . Read more at straitstimes.com. ( read original story ...)

Posted on 06/04/2022

Stock market live updates: Hong Kong stocks start with losses

Hong Kong stocks opened sharply lower on Wednesday as investors returned from a one-day break to track hefty losses on Wall Street fuelled by indicat ... ( read original story ...)

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