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 ...
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 ...
HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry
The sandbox serves as a framework, with computing resources and supervisory guidance, to help banks test and build their GenAI applications.
AI boom drives demand for tech talent
VCG. The war for artificial intelligence (AI) talent is getting fiercer as the demand for people who can fill crucial roles skyrockets. The AI boom in China is creating ...
Breaking | 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 ...
Hong Kong stocks retreat from 2-week high as weak China data outweighs rate optimism
Sentiment sours following China’s bigger-than-anticipated decline in bank lending last month, as traders expect tepid data on retail sales and industrial production on Thursday.
‘Coffin homes’ in Hong Kong: Authorities step up efforts to get rid of tiny, squalid apartments
Authorities in Hong Kong have begun a review process aimed at ridding the city of tiny, squalid subdivided homes. For years the government has been criticised for failing to address the issue, which highlights the startling divide between its rich and poor.
Hong Kong tycoon known as ‘Superman’ blows into UK wind power with $450m deal
Li Ka-shing is richest person in Hong Kong, where he arrived as a refugee in 1940 before building business empire ...
Hong Kong activist gets three days in jail in prison complaint form case
A Hong Kong court jailed pro-democracy activist Owen Chow for three days on Wednesday and levied a fine on his solicitor, Phyllis Woo, for taking a document out of prison without authorisation.
Po Leung Kuk headquarters tour shows Hong Kong charity’s history of caring for children
Hong Kong charity Po Leung Kuk was founded in 1878 to care for women and children kidnapped in China to work in the then colony, and its headquarters still house around 180 children in need.
Sunda International Weighing $100 Million to $200 Million Hong Kong IPO, Sources Say
Guangzhou Sunda International Trading Co., a supplier of personal care products mainly in Africa, is considering an initial public offering in Hong Kong that could raise $100 million to $200 million, ...
Hong Kong top talent scheme ‘should have age limits, target sectors lacking skilled labour’
Lawmakers suggest focusing on younger applicants and adopting approach that identifies and matches talent with sectors lacking skilled labour.
China’s Hengli Group Said to Plan Hong Kong IPO of Shipbuilding Unit
China’s Hengli Group is considering a Hong Kong initial public offering for its shipbuilding unit, according to people familiar with the matter.
76% of Hong Kong firms have never hired young people with special needs, survey finds
But companies say they are open to such hirings and call for more support measures such as internships with social worker support.