While a smaller size signalled a yet-to-rebound Hong Kong stock market, Lianlian is the first fintech firm to be approved by the CSRC since its registration-based new rules.
Hong Kong’s negative equity mortgage cases rise to 20-year high
Cases of negative equity in Hong Kong's residential mortgage loans rose 27% in the first quarter from the previous one to the highest in 20 years, the city's de facto central bank said. Hong Kong's ...
Hong Kong SMEs’ second-quarter business confidence shaky as consumer spending remains a concern
Hong Kong SMEs’ confidence in the second-quarter business outlook has improved slightly, but it remains well below the year-earlier level when confidence soared on the back of border reopening, survey ...
Hong Kong businesses shut shop as city struggles to revive post pandemic
When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the tourist and shopping district of Mong Kok was a bustling hub packed with stalls, street food and tourists.
HSBC CEO announces surprise retirement
HSBC has announced its chief executive Noel Quinn will retire — a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe.
HSBC Chief Quinn, architect of sweeping overhaul, announces surprise retirement
HSBC said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe. The ...
Hong Kong stocks are back from the dead. Here’s why
Hong Kong’s benchmark Hang Seng Index has surged more than 7% in April as the best-performing major index in the world. It’s now heading into a bull market, rebounding nearly 20% from its January low.
PetroChina profit boosted by stronger gas sales and fuel demand
China's top energy producer PetroChina , posted a 4.7% rise in first-quarter net income on Monday helped by growth in natural gas and a recovery in fuel demand.
Extension of business visas double delight for recovering Hong Kong
Holders of documents in mainland China will be able to enjoy 14 days from next week, and talent scheme will be expanded to Beijing and Shanghai.
Goldman Says Funds Likely Selling Japan Stocks to Buy Hong Kong
Global money managers may be starting to unwind their hugely popular long Japan, short Hong Kong equity trades due to the widening gap between valuations in the two markets, Goldman Sachs Group Inc. says.
Hong Kong transgender activist gets new male ID after yearslong legal battle
Transgender activist Henry Tse’s ID card dominated his world for the past seven years, the center of a lengthy court battle and a fight for recognition.
HSBC Chief Executive Quinn announces surprise retirement
HSBC said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe.The ...
HSBC announces CEO Quinn’s retirement, first-quarter profit drops 1.8%
By Selena Li and Lawrence White HONG KONG (Reuters) -HSBC Chief Executive Noel Quinn will retire, it said on Tuesday, in a surprise departure from the bank that he has overhauled in the past five ...
HSBC boss Quinn to depart after ‘intense’ five years as profits ease
Shares were flat in Hong Kong in the wake of HSBC's announcements which included a rise in the pace of share buybacks despite the weaker profits performance.