HSBC Holdings Plc 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, ...
Country Garden’s Hong Kong liquidation hearing further adjourned to July
Embattled Country Garden said in a filing on Thursday the Hong Kong High Court had further adjourned a hearing of a petition seeking liquidation of the Chinese property developer to July 29.
Mobius Says Hong Kong Needs to Reinvent Itself to Prosper
Mark Mobius said Hong Kong needs to take better advantage of its strengths to retain its competitive edge, becoming the latest influential figure to weigh in on the city’s future.“If you don’t move ...
Hong Kong needs to reinvent itself to retain competitive edge, says Mobius
He pointed to the growing rivalry between the US and China over tech and AI as an area that Hong Kong could leverage ...
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan, sources say
Billionaire Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three people with direct knowledge of the matter, after regulatory delay and market volatility scuppered ...
Hong Kong Shares Tipped To Bounce Higher Again On Thursday
(RTTNews) - The Hong Kong stock market on Wednesday snapped the two-day winning streak in which it had collected more than 360 points or 2 percent. The Hang Seng Index now sits just beneath the 18,425 ...
Hong Kong penalties for illicit cigarettes to go up, anti-forgery features to be used
Source says labelling requirement for duty-paid cigarettes will help law enforcement officials to spot contraband.
Crypto exchanges sticking it out in Hong Kong see value in regulator’s ‘safety first’ approach
Despite recent withdrawals, recently ‘deemed to be licensed’ exchanges spur some optimism about the future of Hong Kong’s virtual asset market.
UBS: Investors Positive About HK IPOs; Financing Mkt Hoped to Improve in 2H24
UBS noted that while the number of Hong Kong IPOs since the beginning of the year has been small and the performance has been relatively negative, investors including sovereign fun... UBS noted that ...
Hong Kong ditches paper certificates; IPOS scam warning; Brazil hosts GI event – IP office updates
In this update, we look at the Slovenian and Portuguese IP offices partnering up, the IP Office of Singapore launching a podcast series, and much more. Register for free to receive our newsletter, ...
Hong Kong government hits back after economist Stephen Roach delivers advice for city
Ex-investment banker Stephen Roach says city must uphold constructive criticism, while billionaire Mark Mobius says Hong Kong far from over The Hong Kong government has slammed arguments made by an ...
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 ...
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.
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.