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Posted on 15/08/2024

Scorching heat magnifies housing crunch for Hong Kong’s elderly

Even with two electric fans whirring, retired janitor Chun Loi was sweating profusely in her windowless, one-room flat that swelters during Hong Kong's humid summer.- 'Climate disaster' - Lam Chiu-ying,

Posted on 15/08/2024

Are Hong Kong public hospitals giving out too much medication when some gets wasted?

After medication prescribed by a public hospital was put up for sale on the internet, the Post takes a look at the system and where improvements can be made.

Posted on 15/08/2024

From Malaysia to Hong Kong’s Financial Hub: CUHK Graduate Abigail Yap Blazes Trail in Actuarial Excellence

The Chinese University of Hong Kong (CUHK) proudly celebrates the remarkable achievements of Abigail Yap, a recent graduate from Malaysia who has exemplified academic ...

Posted on 15/08/2024

Unloved Hong Kong Luxury Tower Spawns Wildly Popular Debt Deal

Almost no one wants to live at The Corniche, an opulent apartment complex looking out over the South China Sea. But the debt tied to its construction has proved hugely attractive for private credit ...

Posted on 15/08/2024

A Hong Kong Billionaire Says the City Will Become a Global Hub for the Ultra-Wealthy

The world’s wealthiest are flocking to Hong Kong, and the city itself is shaping up to be one of the top financial centers in the world.

Posted on 15/08/2024

Hong Kong’s CK Infrastructure gets approval for secondary listing in London

Hong Kong's CK Infrastructure Holdings said on Wednesday it has received approval from the UK's financial regulatory body for a secondary listing on the London Stock Exchange.

Posted on 15/08/2024

HK 2023 Fraud Case Losses Surpass $9.1B; HSBC: Anti-fraud Spending Records Double-digit YoY Increase This Yr

In order to enhance customer protection, HSBC will continue to spend more on anti-fraud work this year, with a double-digit increase in the amount invested compared to 2023, the Head of Anti-fraud of ...

Posted on 15/08/2024

Russian billionaire Fridman seeks to settle $16 billion Luxembourg dispute in Hong Kong

Russian billionaire Mikhail Fridman has submitted a request that a more than $16 billion arbitration dispute with Luxembourg be administered at the Hong Kong International Arbitration Centre (HKIAC),

Posted on 15/08/2024

Hong Kong’s richest man hoovers up British wind farms in £350m deal

Hong Kong’s Li Ka-shing has bought a portfolio of 32 onshore wind farms for £350m in a deal that will tighten the billionaire’s grip on Britain’s energy market. The deal was announced by the ...

Posted on 15/08/2024

Some Hong Kong Food Expo vendors predict sales to rise despite cross-border shopping push

Food Expo to launch on Thursday, with some vendors expecting sales to double and others only hoping to match last year’s performance.

Posted on 15/08/2024

Hong Kong government hits out at ex-governor Chris Patten for criticising Lai ruling

Hong Kong authorities have condemned the city’s last colonial governor, Chris Patten, for his “wanton personal vilification” of a British judge who dismissed an appeal by jailed media tycoon Jimmy Lai Chee-ying and six former opposition lawmakers ...

Posted on 14/08/2024

Hong Kong developer Wang On prices Finnie in Quarry Bay at 3-year low, 32% discount

Hong Kong’s property market has been weighed down by high interest rates, which remain at a 23-year high. The government’s efforts to revive home sales through the removal of decade-old curbs in ...

Posted on 14/08/2024

HSBC HK, Industrial Bank Sign MOU on ‘Cross-boundary Wealth Management Connect’

HSBC Hong Kong announced that it signed a memorandum of understanding (MOU) with Industrial Bank in Shenzhen today (August 14) on "Cross-boundary Wealth Management Connect", which aims to explore ...

Posted on 14/08/2024

Hong Kong’s finance chief asks banks to help out businesses and homeowners

The financial secretary has urged Hong Kong banks to ease the liquidity pressure faced by small and medium-sized businesses and help homeowners with their mortgage obligations, vowing authorities ...

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