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Posted on 14/12/2023

‘Biggest shake-up’: Hong Kong’s corporate governance ranking slumps on concerns of slipping market quality

Hong Kong’s ranking fell to sixth place from second in the biennial CG Watch report, with the stock market’s reputation for quality undermined by weighted voting rights, expansion of secondary listings and other issues.

Posted on 14/12/2023

SHINee announces concerts in Hong Kong and Singapore in 2024

K-pop powerhouse SHINee will be holding concerts in Hong Kong and Singapore as a part of their 'Perfect Illumination’ world tour.

Posted on 14/12/2023

Hong Kong central bank leaves interest rate unchanged, tracks Fed

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal Reserve that kept rates ...

Posted on 14/12/2023

HK Corporate Governance Tumbles to Decades Low

Hong Kong’s corporate governance ranking in Asia tumbled to the lowest level in decades, falling behind those of Japan and Singapore, amid concerns about the deterioration of minority shareholder ...

Posted on 14/12/2023

Hong Kong keeps base rate steady at 5.75% as Fed holds fire before holidays in 2023’s final meeting

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday Analysts believe the Fed has reached its peak rate level, but the US central bank is unlikely to lower ...

Posted on 14/12/2023

Hong Kong’s universities shrivel in Beijing’s grip

Academics are leaving a city which at one time attracted top talent for its world-class universities.

Posted on 14/12/2023

Hong Kong’s Residential Property Market Faces More Challenges in 2024

According to global property consultant JLL, Hong Kong's residential market turned more sluggish in the second half of 2023 as buyers are cautious amid rising interest rates and the challenging ...

Posted on 14/12/2023

Hong Kong’s Ocean Park posts HK$118.5 million surplus after years of running deficits

Park chairman Paulo Pong attributes better performance to reopening of city’s borders and company’s strategies.

Posted on 14/12/2023

Global slowdown, geopolitics biggest concerns for Hong Kong firms in year ahead, chamber survey finds

Hong Kong General Chamber of Commerce survey finds two in three firms expect their turnover to remain unchanged or to decline in 2024.

Posted on 13/12/2023

Hong Kong could see dimmer economic outlook in 2024, as over 60% of companies expect no growth – survey

Hong Kong could see a dimmer economic outlook in 2024 amid its long, post-pandemic road towards full recovery, a survey conducted by the the city’s oldest business group has found. Hong Kong General ...

Posted on 13/12/2023

Kathy Chow, Hong Kong Star of ‘The Heaven Sword and Dragon Saber,’ Dies at 57

Hong Kong actor Kathy Chow Hoi Mei, known for her role in two adaptations of 'The Heaven Sword and Dragon Saber' has died at 57.

Posted on 13/12/2023

China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources

The officials are soliciting views from the city’s three note-issuing banks and foreign bankers on how Hong Kong can increase its competitiveness as a financial centre, sources say.

Posted on 13/12/2023

Hong Kong, mainland China to launch scheme this month to make sharing of personal data easier in Greater Bay Area, first phase to cover banking, healthcare sectors

Hong Kong and mainland China will launch a pilot scheme this month to enable easier cross-border data transfers in the Greater Bay Area in an unprecedented move aimed at breaking down information ...

Posted on 13/12/2023

HSBC looks to mergers to expand footprint, serve wealthy customers in Asia, bank chief says

HSBC Asset Management agreed to buy Singapore-based SilkRoad Property Partners this week to enter into real estate business The lender's Asia-Pacific head said its acquisitions, including that of ...

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