HANG SENG BANK (00011.HK) announced that two new executives have joined Hang Seng Bank this week. They are Angela Shing, Chief Marketing Officer, and Gloria Ho, Head of Human Resources. Both have ... ( read original story ...)
Inaugural Retail Green Bond attracts US$4.2 billion of subscriptions, as Hong Kong takes a step towards becoming a fundraising hub for climate-friendly projects
The three-year note, offering a 2.5 per cent return on a minimum investment of HK$10,000, was 1.2 times oversubscribed Strong response boosted by volatile stock market as investors seek a safer bet, ... ( read original story ...)
Hong Kong closes the door on ‘nano flats’ in planning overhaul
Hong Kong’s booming trend for “nano flats” could be about to go bust amid an overhaul of planning laws and the ongoing exodus of residents. All newly built private homes must measure at least 280 sq ... ( read original story ...)
China installing former security chief as Hong Kong leader
China is installing a career security official as the new leader of Hong Kong in the culmination of a sweeping political transformation that has gutted any opposition in the Asian financial center and ... ( read original story ...)
In a One-Man Race in Hong Kong, China Is Guaranteed to Win
John Lee, a Beijing loyalist who oversaw the crackdown on pro-democracy protests, built his career by deepening his contacts within the mainland security services. ( read original story ...)
Hong Kong property investment drops 46% to USD1.4b in Q1
Almost half of the transactions were from the industrial sector. Investor sentiment in Hong Kong’s property sector was affected by various factors, including global geopolitical tensions and stock ... ( read original story ...)
Sun Hung Kai plans to build 9,940 flats at Yuen Long’s Tam Mei wetlands in one of Hong Kong’s biggest mass housing projects
The number of flats planned, equal to Hong Kong’s total home sales in the first seven months of 2021, is about the size of Whampoa Garden in Hung Hom, making it one of the city’s largest residential ... ( read original story ...)
5 daunting tasks for Hong Kong’s next leader
Observers are watching to see if Mr Lee's housing outcomes will be any different. 3. Restoring world status Hong Kong's status as a global financial hub has taken a hit from the 2019 unrest and ... ( read original story ...)
US rate rise promises even more pain on way for battered Hong Kong
With gross domestic product shrinking sharply by 4 percent in the first quarter and the economy battling a slump, the last thing Hong Kong needs is a rise in interest rates that will hurt households ... ( read original story ...)
Jamie Richards doing his homework as he prepares ‘to start from zero’ on joining Hong Kong training ranks
The latest addition to the Hong Kong training ranks arrives in the city in the next couple of weeks rejuvenated by the challenge of starting ... ( read original story ...)
China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk
Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between China and the ... ( read original story ...)
Alibaba, Meituan slump in Hong Kong as inflation, rate hikes deliver another blow to stock market
Local stocks face another torrid session as investors dump riskier assets. Concerns about rate hikes in a slowing global economy led to an overnight sell-off in US equities. ( read original story ...)
With Hong Kong’s new leader, the future for progressive politics looks more challenging – for feminists, it was already bleak
John Lee, a police veteran-turned-security chief who will run, unopposed, for the city's top position as the only candidate backed by China's ruling party. The choice to endorse Lee -- a hardline ... ( read original story ...)
Hong Kong Stock Market May Take Further Damage On Friday
The Hong Kong stock market has finished lower in two straight sessions, sinking more than 300 points or 1.5 percent along the way. The Hang Seng now rests just beneath the 20,800-point plateau and ... ( read original story ...)