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Posted on 02/09/2024

Shares in Hong Kong’s New World Development plunge after loss estimate

Shares in major Hong Kong property developer New World Development plunged 13% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the financial year that ended in June.

Posted on 02/09/2024

Hong Kong urged to better protect outdoor cleaners from heatstroke: NGO

Poll by Oxfam Hong Kong finds more than 86 per cent of workers suffered heat illness as they weren’t familiar with warning system.

Posted on 02/09/2024

CSC Holdings to buy stake in CS Bank of the Philippines for US$13 million

Hong Kong-listed CSC Holdings, chaired by former Hang Seng Bank CEO Raymond Or Ching-fai, will buy a stake in CS Bank of the Philippines for US$13 million.

Posted on 02/09/2024

Hong Kong retail rental relief needed as sector remains sluggish, expert warns

Industry leader Annie Tse calls for a 30 per cent reduction in rents, saying downward trend will continue to year end or even early 2025 Hong Kong's retail sector is expected to remain bleak through ...

Posted on 02/09/2024

Top Hong Kong insurer HSBC Life targets Asia’s rich, Greater Bay Area retirees for growth

Key growth areas are the wealth hubs of Hong Kong and Singapore, alongside the emerging wealth markets of mainland China and India, CEO Moncreiffe says HSBC Life, Hong Kong's largest insurer by sales, ...

Posted on 02/09/2024

HSBC HOLDINGS (00005.HK) Buys Back 7.03M Shrs for $482M in Total Last Fri

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 7.0349 million shares on the UK and Hong Kong markets last Friday (30 August), involving a total of $482 million. Among them, HSBC ...

Posted on 02/09/2024

Shares in Hong Kong’s New World Development plunge after $2.6 billion loss estimate

HONG KONG (Reuters) -Shares of New World Development, a major Hong Kong property developer, plunged 14% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the financial year ...

Posted on 02/09/2024

Hong Kong students should sing national anthem ‘with emotion’, says education chief

Hong Kong students should sing the national anthem “with emotion ... The bureau in April projected the number of six-year-olds expected to start Primary One would drop from 49,600 this year to 31,500 ...

Posted on 02/09/2024

Shares in Hong Kong’s New World Development plunge after $2.6 bln loss estimate

Shares of New World Development , a major Hong Kong property developer, plunged 14% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the financial year ended in June.

Posted on 02/09/2024

Hong Kong may issue No 1 standby signal on Tuesday as Tropical Cyclone Yagi nears

Yagi is expected to become typhoon on Thursday before further strengthening and entering within 400km of the city.

Posted on 02/09/2024

Hong Kong stocks drop to halt monthly gain on weak China manufacturing, corporate results

New World Development, state-owned banks lead plunge as market slips after best monthly performance since April.

Posted on 02/09/2024

Heartfelt love with mainland Olympians in Hong Kong

Chinese swimmer Pan Zhanle (L), diver Quan Hongchan (C) and table tennis player Ma Long greet the crowd in Hong Kong, South China, Aug. 29, 2024. A delegation of Chinese mainland Olympians from the ...

Posted on 02/09/2024

Cravity is all set to return to Hong Kong for a fan concert this October

K-pop group Cravity will return to Hong Kong for a fan concert this October—just three months after performing in the city last July.

Posted on 02/09/2024

John Legend will perform in Hong Kong after six years this October

John Legend is returning to Hong Kong after six years for his first outdoor concert in October 2024 at AXA x Wonderland.

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