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Posted on 05/08/2024

5,000 Hong Kong public housing units recovered in 2 years amid crack down on ‘rich tenants’

The Hong Kong government has recovered around 5,000 subsidised rental units which had allegedly been “misused” by “rich tenants” amid a crack down on pubic housing abuse. Rosanna Law, director for ...

Posted on 05/08/2024

Hong Kong police arrest 119 in crackdown on triad-run drug, sex and gambling businesses

Hong Kong police have rounded up 119 people in a two-week operation against triad-controlled drug, sex and gambling businesses, as well as fraud activities. The force said on Monday eight of the ...

Posted on 05/08/2024

Hong Kong police seize HK$22 million of cocaine in car boot as gangs’ storage tactic uncovered

Hong Kong drug trafficking syndicates are using vehicles as their mobility storage facilities to evade detection, police have revealed after discovering HK$22 million (US$2.8 million) worth of ...

Posted on 05/08/2024

{Hot Stocks}BOC HONG KONG quoted at HK$21.65, down 2.9%

[ET Net News Agency, 5 August 2024] BOC HONG KONG (02388) fell 2.9% to HK$21.65. It hits an intra-day low of HK$21.6, hitting an 1-month low, and an intra-day high of HK$22.15. The total shares traded ...

Posted on 05/08/2024

HSBC HOLDINGS Buys back ~5.82M Shrs for $379M in Total Last Fri

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 5.819 million shares of the company for a total of HKD379 million last Friday (2nd) in the UK and Hong Kong markets. Among which, HSBC ...

Posted on 05/08/2024

{Hot Stocks}HSBC HOLDINGS quoted at HK$62.4, down 5.1%

[ET Net News Agency, 5 August 2024] HSBC HOLDINGS (00005) fell 5.1% to HK$62.4, dipping below the 100-D SMA of HK$64.969. It hits an intra-day low of HK$62.4, hitting an 1-month low, and an intra-day ...

Posted on 05/08/2024

Hong Kong stocks slide to 3-month lows on US recession fears after Fed’s rate inaction

Hong Kong stocks fell to a three-month low ... keep the benchmark interest rate unchanged in its August policy meeting, who say that the US central bank may have been too slow in acting to stem a ...

Posted on 05/08/2024

Hong Kong could adjust public-to-subsidised housing ratio to help young people own flats

Hong Kong’s housing authorities could adjust the proportion of public rental housing and subsidised flats in a bid to help young people buy homes, amid a growing trend of more educated singles ...

Posted on 05/08/2024

Hong Kong’s past heatwaves potentially contributed to 1,677 excess deaths: university study

Heatwaves in Hong Kong over the last 10 years may have contributed to more than 1,600 deaths, according to a projection from university researchers, who have urged authorities to create an extreme ...

Posted on 05/08/2024

Photographer on the stars of ‘golden age’ of Hong Kong cinema and Cantopop in his show

Sam Wong’s photos of Cantopop and film and pop stars like Anita Mui, Leslie Cheung and Faye Wong helped immortalise them and other stars of the ‘golden age’ of Hong Kong film and music.

Posted on 05/08/2024

{Block Trade}HSBC HOLDINGS (00005): 924k shares, or HK$58.4m

29/07/2024 08:45 Summary of listed companies announcements (1) 26/07/2024 08:45 Summary of listed companies announcements (1) 25/07/2024 08:45 Summary of listed companies announcements (1) 24/07/2024 ...

Posted on 05/08/2024

Standard Chartered eyes cross-border trade between Hong Kong, Asia, Middle East

The bank will continue to tap opportunities arising from strong growth in cross-border transactions in Hong Kong, Asia, the Middle East and Africa, according to its Hong Kong head.

Posted on 05/08/2024

Xi calls for Hong Kong corporates to push for development

Hong Kong: President Xi Jinping called on Hong Kong entrepreneurs to boost China’s development in a letter the financial hub’s business community welcomed as a sign of encouragement. “I hope you will ...

Posted on 05/08/2024

Number of students in Hong Kong international schools rises 18% to highest level since 2013

The number of students in Hong Kong’s international schools has reached an 11-year high, but the proportion of those in local institutions dropped to a record low amid a shrinking pupil population, ...

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