Certain business units have been instructed to pause hiring altogether, although this freeze is not intended to affect client-facing roles.
HSBC Freezes Hiring in Some Departments, Asks Bankers to Cut Travel & Entertainment Spending – Rumour
Citing sources, Bloomberg reported that HSBC HOLDINGS (00005.HK) is slowing down hiring, as outgoing CEO Noel Quinn tries to cut costs by asking investment bankers to reduce travel and entertainment ...
HSBC curbs hiring, reins in banker travel in cost-cutting push
HSBC is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe’s largest ...
Hong Kong flags retail challenges as May sales slump 11.5% y/y
Hong Kong's May retail sales fell 11.5% from a year earlier, government data showed on Tuesday, reflecting a surge in outbound trips, strength in local currency and a high base of comparison for ...
Hong Kong draws US$4.9 billion in FDI in 2024 with Chinese, US firms leading: InvestHK
Macallan, Geodis, Biren Technology and Uisee are among the 322 companies that set up or enhanced their businesses in Hong Kong in the first half, a 43 per cent year on year jump, InvestHK says.
Analysis-Hong Kong commercial law hub allure damaged by foreign judges row, lawyers say
The resignations of two British judges from China-ruled Hong Kong's highest court not only raise concerns about the rule of law, some lawyers and experts say, but will further undermine confidence in ...
Hong Kong IPOs: PwC cuts 2024 fundraising prediction by 20% to US$10.2 billion
About 80 companies could list in Hong Kong this year, raising a total of HK$80 billion (US$10.2 billion), much lower than the HK$100 billion previously anticipated, PwC says.
Despite Record-Breaking ‘Walled In,’ Hong Kong Box Office Takes First Half Tumble – Global Bulletin
Walled In" earned an all-time record-breaking HK$105 million ($13.5 million) at the Hong Kong box office. But it was not enough to keep the territory's theatrical business on a recovery track. Data ...
Hong Kong retail sales drop 11.5% in May, marking second straight monthly double-digit fall
Government spokesman attributes poor performance to changes in consumption patterns of visitors and residents.
Hong Kong police stop and search several people near scene of 2021 knife attack on officer
Hong Kong police have stopped and searched several people, including a dentist earlier arrested for alleged sedition, after they briefly stood in silence on a busy street near the spot where an ...
This Man Promised $10K To A Complete Stranger If She Quit Her Job To Start Her Business – Here’s What Happened
The video, titled "I Helped A Stranger Start Their Dream Business," opens with Squibb approaching a stranger on the street. He asks if she'd be interested in $10,000, but with one big catch: she'd ...
10 Start-ups Awarded in HK Tech 300 Southeast Asia Start-up Competition Fostering Innovation & Entrepreneurship
City University of Hong Kong (CityUHK) held the Award Ceremony for its HK Tech 300 Southeast Asia Start-up Competition (HK Tech 300 SEA Competition) on 27 ...
Hong Kong commercial law hub allure damaged by foreign judges row, lawyers say
The resignations of two British judges from China-ruled Hong Kong's highest court not only raise concerns about the rule of law, some lawyers and experts say, but will further undermine confidence in ...
China charms Hong Kong with economic boosts, from pandas to visas
HONG KONG -- The Chinese government has served up a fresh batch of economic measures for Hong Kong, coinciding with Monday's 27th anniversary of the handover from Britain and prompting the city's top ...