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Posted on 20/12/2024

Xi lays out 4 demands for Macau, Hong Kong to keep prospering – as it happened

Xi has officiated at the swearing-in of former top judge Sam Hou-fai as the city’s new leader and 10 top officials at the Macau East Asian Games Dome. The new administration has ...

Posted on 20/12/2024

Ex-UBS Banker Agostinelli Exits Hedge Fund Ghisallo in Hong Kong

Carlo Agostinelli, a managing director at hedge fund Ghisallo Capital Management in Hong Kong, has left the firm after just over a year, people with knowledge of the matter said, asking not to be ...

Posted on 20/12/2024

How Hong Kong schools are going beyond academics to help students cultivate a charitable spirit

Through partnerships with NGOs, students are being taught the importance of connecting with and giving back to their local communities.

Posted on 20/12/2024

From Flower Markets To Temples, Navigate Life Like A Local In Hong Kong

The best way to explore a new travel destination is to take note of how locals make full use of their hometown. In Hong Kong, it’s all about embracing its melting pot of culture, urban planning and ...

Posted on 20/12/2024

Hong Kong hospitals to clarify facts, tell patients before revealing blunders

Hospital Authority revises guidelines for disclosing medical blunders, saying it sometimes ‘rushed’ announcements.

Posted on 20/12/2024

Hong Kong’s Jimmy Lai denies his call for Xi to step down equals incitement

Testimony by Apple Daily founder centres on comments he made during online broadcast series in which he argued Covid pandemic had revealed danger of Beijing’s control of information.

Posted on 20/12/2024

Hong Kong bankers to see 15% to 20% salary hikes next year

But middle and back-office recruitment is expected to focus on replacing existing roles. Hong Kong’s banking sector front-office professionals moving to new employers can expect salary increases of 15 ...

Posted on 19/12/2024

Hong Kong Builder New World Asks Banks to Extend Loans

Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.

Posted on 19/12/2024

Hong Kong shares fall after Fed signals slower easing next year

Hong Kong stocks fell following the US Federal Reserve’s unexpected hawkish forecast for interest rate cuts next year. The Hang Seng Index declined 1 per cent to 19,666.12 at the noon break on ...

Posted on 19/12/2024

Hong Kong banks cut lending rates even as HKMA warns of volatility ahead

Hong Kong's six biggest lenders lowered their prime lending rates for a third time this year, trimming borrowing costs to the lowest level in more than two years. HSBC and subsidiary Hang Seng Bank ...

Posted on 19/12/2024

Hong Kong Seeks to Ease IPO Requirements to Regain Luster

Hong Kong’s stock exchange is seeking to relax some requirements for initial public offerings, at a time when the city is trying to revamp its stock market after a challenging environment for Chinese ...

Posted on 19/12/2024

Hong Kong arrests 25 people, identifies 14 ‘unscrupulous’ agencies amid university admissions fraud crackdown

The 25 arrests were made over the past three years. Eight have been charged - with three convicted - while the rest are still under investigation.

Posted on 19/12/2024

BOC HONG KONG: US Inflation to Slow Down; US Bond Rates Expected to Rebound in Stages

The US Fed announced the results of its monetary policy meeting on Wednesday (19th), cutting interest rates by 0.25% as expected, but the future rate cut pace is slower than the market consensus. The ...

Posted on 19/12/2024

Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut

The healthcare company’s shares were oversubscribed 6,083 times as its shares were priced at the low end of its range at HK$3.75.

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