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Posted on 10/12/2024

Chow Yun-fat, hard as nails in movies, cuts home price by 14% as he succumbs to market dip

Cutting the price of his home on The Peak, the film star joins other celebrities and tycoons selling high-end homes at a discount.

Posted on 10/12/2024

Great Restaurant Doesn’t Have A Great IPO Plan

Great Restaurant Development Holdings aims to raise $10 million in a US IPO. Financials show falling revenue, reduced gross profit, and negative marketing efficiency, with high multiples.

Posted on 10/12/2024

HSBC Holdings Announces Significant Share Buy-Back

HSBC Holdings (GB:HSBA) has released an update. HSBC Holdings has successfully bought back 1,734,933 of its ordinary shares as part of a share ...

Posted on 10/12/2024

Hong Kong banks to study heavy cheque users with eye on phase-out

Work with 10 heavy cheque-using sectors including SMEs, charities and brokers will help identify barriers to electronic payments, HKAB says.

Posted on 10/12/2024

See inside a 155 mph sleeper train connecting Hong Kong and Beijing

Hong Kong’s new high-speed sleeper trains launched in summer 2024 and while they aren’t quite as fast as flying, or daytime bullet trains, what they do offer is a night’s rest. CNN takes a trip on the ...

Posted on 10/12/2024

Economic Watch: Hong Kong revs up tech hub ambition with AI supercomputing center debut

Hong Kong largest artificial intelligence AI supercomputing center officially commenced operation Monday providing the much-needed computing power ...

Posted on 10/12/2024

Hong Kong stocks rally after China’s top policymakers pledge more policy easing

China to adopt more proactive fiscal policies and “moderately loose” monetary policies to boost domestic demand, Politburo readout says.

Posted on 10/12/2024

Home horse racing teams dominate international invaders in Hong Kong

As often is the case, Hong Kong runners dominated the finish of the Sprint. Helios Express was second for the home team, with Japan's Satono Reve the only foreigner to crack the top-four placings.

Posted on 09/12/2024

Chinese cosmetics firm Mao Geping prices shares at top of range in Hong Kong IPO

Chinese beauty brand Mao Geping on Monday set the price for its shares at the top of the range, as it looks to raise $270 million in a Hong Kong initial public offering.

Posted on 09/12/2024

Hong Kong stocks slide from 4-week high as China deflation lingers

Hong Kong stocks dropped from a four-week high after an official report showed that China’s deflationary pressure is lingering, as investors look ahead to a key economic policy meeting. The Hang Seng ...

Posted on 09/12/2024

Hong Kong’s John Lee meets visiting officials from 12 countries to promote city’s business advantages

Government does not disclose which nations they represent, but says leader promoted city’s market-oriented advantages and business-friendly environment.

Posted on 09/12/2024

Fears loom over India’s ‘Hong Kong’ project on a remote island

These include the Jarawas, North Sentinelese, Great Andamanese, Onge, and Shompen. While the Jarawas and North Sentinelese remain largely uncontacted, the Shompen - some 400 people - of the Great ...

Posted on 09/12/2024

HKMA Expects 3,500 Uncompleted Units’ Stage Trading to Benefit from One-off Special Mortgage Scheme

The Hong Kong Monetary Authority (HKMA) issued a guideline to banks last week offering a one-off special mortgage scheme for users of uncompleted residential properties who opt for the stage payment ...

Posted on 09/12/2024

Boutique Bank Raine to Shut HK Base, Offers Staff Singapore Move

Raine Group plans to close its Hong Kong office and is offering the staff to relocate to Singapore as the New York-based boutique adviser seeks to consolidate its operations in Asia, according to ...

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