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Posted on 06/06/2024

Hong Kong Tells Residents to ‘Smile More’ to Revive Tourism

H ong Kong, the Chinese enclave that’s still struggling to revive its tourism economy post-pandemic and in the wake of a Beijing-influenced crackdown on civil liberties, has taken a new approach to ...

Posted on 06/06/2024

Hong Kong lawmakers, experts warn of risks of medicalising mental health issues, call for more support after schools send 168 pupils to psychiatrists

Total of 168 students with mental distress referred to public psychiatry clinics through government suicide prevention mechanism as of March.

Posted on 05/06/2024

Actress Charmaine Sheh turns to mother, friends for financial aid after stock investment losses

Hong Kong actress Charmaine Sheh disclosed that she had to borrow money from her mother and friends to cover debts incurred from unsuccessful stock investments.

Posted on 05/06/2024

HK$19 billion in loans approved since 2020 to help Hong Kong’s retail SMEs hit by pandemic

Commerce minister says over 6,000 companies with 53,000 employees have benefited from loan guarantee scheme started in April 2020.

Posted on 05/06/2024

Former Asia head of global investment bank says Hong Kong has to underline it is not just another Chinese city and ‘speak truth to power’

Stephen Roach, former chairman of Morgan Stanley Asia, says city has to uphold its traditions of constructive criticism and debate to prosper.

Posted on 05/06/2024

Hong Kong’s de facto central bank mulls making green rules mandatory for banking sector

The Hong Kong Monetary Authority is considering making its green taxonomy framework mandatory for the banking sector to support the development of sustainable financing in the city.

Posted on 05/06/2024

Hong Kong Tells Residents to ‘Smile More’ as Government Tries to Revive Declining Tourism

Hong Kong, the Chinese enclave that’s still struggling to revive its tourism economy post-pandemic and in the wake of a Beijing-influenced crackdown on civil liberties, has taken a new approach to wooing visitors: curbing its residents’ reputation for rudeness.

Posted on 05/06/2024

Hong Kong Arrests Protester With New Security Law for First Time

Police in Hong Kong arrested a woman for chanting slogans on the anniversary of the Tiananmen Square crackdown, using a new domestic national security law for the first time on a protester.

Posted on 05/06/2024

HK Fintech Startup Mezzofy Completes US$2M Pre-Series A Financing Round w/ Participation from HK Govt’s ITVF

Mezzofy, a local fintech startup, recently completed a Pre-series A financing round led by Isola Capital's private equity venture capital, VII, with participation from Hong Kon... Mezzofy, a local ...

Posted on 05/06/2024

UBS, HSBC Urge China to Expand Wealth Links With Hong Kong

Hong Kong’s central bank chief and executives at UBS Group AG and HSBC Holdings Plc called for the expansion of wealth links between the city and mainland China, months after a key initiative was ...

Posted on 05/06/2024

New Hong Kong-Beijing Sleeper Trains Slash Travel Time by Half

A new high-speed sleeper train service is set cut travel time between Hong Kong and Beijing and Shanghai by about half as the financial hub seeks to deepen ties with mainland China.

Posted on 05/06/2024

Hong Kong stocks extend gains for a third day amid hopes of US interest-rate cuts on weak jobs data

Hong Kong stocks’ rose for a third day amid investors’ expectations ... billion convertible bond issue to fund repayment of existing debt, expand its overseas business and for working capital needs.

Posted on 05/06/2024

Singaporean, Swiss banks target Hong Kong as rivals feel geopolitical chill

OCBC's private banking arm, Bank of Singapore, has set a 50% growth target for assets under management in Hong Kong by 2026, compared to the end of last year, although it has not revealed the base ...

Posted on 05/06/2024

Chinese move billions into Hong Kong banks seeking higher yields

HSBC Holdings attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong Kong) gained 200,000 new cross-border clients in 2023, while at Hang Seng Bank, new ...

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