Prudential saw sales in the Singapore market propel its first-half profit increase, but a slowdown in business in its one-time largest markets of Hong Kong and China weighed on overall growth.
Prudential stays on track despite tougher trading in China and Hong Kong
Prudential stays on track despite tougher trading in China and Hong Kong - The Asia-focused group reported a 3% fall in new business profit across Hong Kong and a 33% decline in mainland China.
Why badminton has become code for teen sex in Hong Kong
"How could they borrow a badminton racket on the spot if it happens?" She asked. To Thomas Tang, who is an amateur badminton player, the jokes and sudden increased interest in the ...
GBSN to trial Bill of Lading tokenisation in Hong Kong
Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of ...
HSBC HOLDINGS (00005.HK) Buys Back ~6.38M Shrs for $434M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.3776 million shares in the UK and Hong Kong markets, involving a total of $434 million. Among them, HSBC HOLDINGS purchased 2.5944 ...
Betting on Chinese demand, Hong Kong developers turn to rental market
Some Hong Kong developers are now turning to housing rental and the leasing market to weather a prolonged downturn in its property market and to serve surging rental demand from mainland Chinese ...
Hong Kong police arrest 12 in crackdown on HK$250 million illegal gambling ring
Cambodia-based bookmaking syndicate used a flat in Tseung Kwan O as its operational centre in Hong Kong, insider says Hong Kong police have arrested 12 people in a crackdown on an international ...
How I became one of the first women in the Hong Kong civil service – via Oxford University
Retired civil servant Rachel Cartland tells Kate Whitehead about being one of few women in the Hong Kong government in the 1970s, experiences remembered the memoir Paper Tigress My roots are in rural ...
Prudential’s first-half profit up 9% on Singapore growth, but onshore China business remains weak
Sales of its Singapore operation grew by 17% in the first 6 months from the same period a year ago. Read more at straitstimes.com.
HSBC share price: 7% dividend yield and new CEO are catalysts
The HSBC share price has done well recently as investors wait for more changes when the new CEO starts working next week.
Hong Kong sales plan for 2024 subsidised flats revealed, but is deal sweet enough to tempt?
The Hong Kong Housing Authority, the city's largest public home provider, on Tuesday approved the Home Ownership Scheme sales arrangement for this year with about 7,132 subsidised homes on offer at a ...
Hong Kong Stock Market Has Flat Lead For Wednesday’s Trade
The Hong Kong stock market has finished higher in two sessions, gathering more than 260 points or 1.5 percent along the way. The Hang ...
What’s at stake as 2 Hong Kong journalists await a verdict in their sedition trial?
Two journalists who led a now-shuttered Hong Kong online news outlet will hear a verdict in their sedition case on Thursday, in a trial that’s seen as an indicator for press freedom in the ...
How will Hong Kong’s coming approval regime for medicines help patients? New, better drugs
Authorities plan to set up Hong Kong Centre for Medical Products Regulation in 2026-27, tasking it with conducting primary drug approvals After eight years of working on new drugs to combat superbugs, ...