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Posted on 29/08/2024

HSBC reveals senior leadership change ahead of new CEO next month

Matos' upcoming departure is one of several significant changes in its leadership on the eve of Georges Elhedery starting as the group's new chief executive.

Posted on 29/08/2024

HSBC head of wealth and personal banking to leave

Nuno Matos, HSBC’s head of wealth and personal banking who had been a leading contender to become chief executive, will leave the bank in a broader management shake-up as Georges Elhedery prepares to ...

Posted on 29/08/2024

Hong Kong journalists convicted of sedition for first time since China handover

A Hong Kong court has found two editors of the now-defunct Stand ... has led to self-censorship and further repressed opposition voices, but others say it's business as usual and life remains ...

Posted on 29/08/2024

Hong Kong Editors Convicted of Sedition in Landmark Press-Freedom Verdict

The first such convictions in decades concern articles about political opposition published by Stand News, a top source of information about 2019 protests.

Posted on 29/08/2024

Hong Kong firms with smaller salary budgets double amid inflation, economic woes: study

The average worker can expect a pay hike of 4 per cent next year, while data science and business intelligence professionals could see a raise of up to 8.3 per cent, WTW study says.

Posted on 29/08/2024

Hong Kong outlet Stand News and editors found guilty of sedition

Hong Kong pro-democracy news outlet Stand News and its two former chief editors were found guilty of sedition on Thursday, the first conviction of its kind since the city came under Chinese rule in 1997. The verdict is part of a crackdown on free speech in ...

Posted on 29/08/2024

Bank of America’s Leung Is Said to Join HK Tycoon Li’s CK Asset

Ken Leung, co-head of Bank of America Corp.’s financial sponsors group in Asia Pacific, has left to join Hong Kong conglomerate CK Asset Holdings Ltd., according to people familiar with the matter.

Posted on 29/08/2024

HSBC wealth CEO Matos steps down as bank unveils major executive shake-up

HSBC's CEO of Wealth and Personal Banking, Nuno Matos, is resigning to pursue other opportunities, the Asia-focused bank said on Thursday as it unveiled a significant shake-up in its leadership team ...

Posted on 29/08/2024

“A point of no return”: the fall of Stand News, Hong Kong’s once leading online media outlet

The Israeli military said on Thursday its troops killed five Palestinian fighters who were hiding inside a mosque in the West Bank city of Tulkarm, in one of the largest assaults on the occupied ...

Posted on 29/08/2024

Western airlines were excited about returning to China after Covid. But not anymore

Hong Kong CNN — When China finally reopened its borders after ... airlines recovered international capacity from China,” said Steve Saxon, a partner at McKinsey, who leads the consulting firm’s China ...

Posted on 29/08/2024

HKEX, Longfor lead stock gainers in Hong Kong amid market-boosting measures while Xiaomi lifts earnings optimism

Hong Kong stocks extended gains from a two-week high after the ... Elsewhere, Ping An Insurance advanced 0.6 per cent to HK$47.15 after new business values, an indicator of future growth, increased 45 ...

Posted on 29/08/2024

Hong Kong journalists found guilty of sedition in case critics say highlights decline in press freedom

A Hong Kong court found two former news editors guilty on Thursday of publishing seditious content on a shuttered pro-democracy media site, a ruling rights groups said was a further blow to press ...

Posted on 29/08/2024

Hong Kong Editors Convicted of Seditious Plot in Blow to Press Freedom

The editors said they published stories in the public interest. A judge ruled they were guilty of a crime against national security.

Posted on 29/08/2024

Hong Kong Convicts First Journalists for Sedition in Decades

A Hong Kong court found two former editors guilty for publishing allegedly seditious articles, convicting journalists of sedition charges for the first time in decades in a move likely to deepen press ...

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