One worker died and others were trapped Friday when a major rainstorm blew traditional bamboo scaffolding off the side of a building under construction in Hong Kong, officials and reports said. ( read original story ...)
Chinese Big Tech Bounces Back From Record Lows in Hong Kong
Alibaba shares and the Hong Kong tech index are both coming off all-time lows in Hong Kong. Whether that continues has little to nothing to do with business. ( read original story ...)
Abbisko seals Hong Kong IPO at top end
Chinese biopharmaceutical firm Abbisko pocketed HK$1.75bn this week by pricing its IPO at the top of the marketed range, helped by a large group of cornerstone investors, according to a source close ... ( read original story ...)
Hong Kong prioritized opening to China over the rest of the world. Now it’s stuck in Covid limbo
Almost two years into the Covid-19 pandemic, some of the world's major business hubs -- including New York, London and Paris -- are reopening as travel restrictions relax and daily life resumes. ( read original story ...)
Hong Kong attracts Mainland companies, startup community sees a spike
Despite the social and economic challenges faced by Hong Kong over the past two years, Hong Kong remained resilient and maintained its unique advantages and attractiveness to the international and ... ( read original story ...)
Hong Kong Can Easily Raise Financing for New City: Chan
Top Adviser to Hong Kong Chief Executive and Executive Council of Hong Kong Convenor Bernard Chan discusses the plans to build a massive city on the Chinese border to ease the housing crunch in Hong ... ( read original story ...)
Top Hong Kong Adviser ‘Pretty Sure’ Anti-Sanctions Law Is Coming
A top adviser to Hong Kong’s leader says the Asian financial hub is still going to enact a local version of a Chinese anti-sanctions law after the legislation was temporarily shelved. ( read original story ...)
Hong Kong Stock Market May Crack 25,000-Point Barrier
The Hong Kong stock market has finished higher in two of three trading days since the end of the two-day slide in which it had plummeted more than 620 points or 2.6 percent. The Hang Seng Index now ... ( read original story ...)
Nearly 2 in 5 HK adults will have virtual bank accounts by 2026
A total of 2,051,387 adults is projected to be virtual bank owners in five years. The number of adults in Hong Kong with virtual bank accounts will rise to more than two million (32%) within a ... ( read original story ...)
Numbers of overseas, mainland companies in Hong Kong reach record high
One of the surveys revealed that the number of business operations in Hong Kong with parent companies overseas and in the Chine ... ( read original story ...)
AmCham Says Lobbying Hong Kong to Reopen Like ‘Talking to Wall’
U.S. businesses say lobbying Hong Kong’s government about reopening its borders with the rest of the world has been fruitless, a sign of frustration with the city’s “Covid Zero” strategy that could ... ( read original story ...)
Asian Stock Market: Tracks Wall Street higher, Hang Seng up 2%
Asian stocks follow the footsteps of the Wall street price action on Thursday. US debt ceiling, European gas supplies, and weaker commodities make traders' diaries full. US and China agreed to a ... ( read original story ...)
HSBC Life launches complimentary group life coverage to help SMEs build back better
HSBC Life rolled out today a complimentary group life offer, Business Heroes, for all HSBC commercial customers in Hong Kong, extending further support to the small and medium enterprise (SME) ... ( read original story ...)
HSBC targets Asia millennials
HSBC is going after younger Asian client with a series of incentives including zero commission stock trading, an educational service and a revamped unit trust investment platform. “[We] have ... ( read original story ...)