Second edition to be held in January, and race chief says improvements have been made to address issues at the first race.
HSBC fined record US$3 million for use of ‘unauthorised’ agents in MPF recruitment scheme
HSBC, Hong Kong’s biggest lender, has been hit with a record fine of HK$24 million (US$3 million) by the pensions regulator for offering incentives to “unauthorised intermediaries” to get corporate ...
Hong Kong fines DBS US$1.28 million over breaching anti-money laundering rules
The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million (US$1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and ...
Amid Hong Kong’s deepening retail slump, location is king
HONG KONG – As a retail slump in Hong Kong deepens, business sentiments in non-prime shopping areas – particularly those in Kowloon and the New Territories – have been most adversely affected, data ...
Hong Kong fines DBS for breaching anti-money laundering rules
The scrutiny by Hong Kong resembles that of rival wealth center Singapore, which a year ago fined four financial institutions over AML breaches, including DBS. The bank failed to continuously monitor ...
Hong Kong fines DBS over breaching anti-money laundering rules
The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million ($1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and ...
Two arrested after 30 students used fake papers to enter top HK business school
Two women were arrested for allegedly forging documents after 30 master’s students were caught using fake qualifications to enter the University of Hong Kong (HKU) Business School, Hong Kong media ...
{Block Trade}HSBC HOLDINGS: 460k shares, or HK$31.31m
The deal amounted to HK$31.31m, or at HK$68.075 per share, 1.1% lower than previous close. HSBC HOLDINGS is now trading down 1.23% to HK$68, with 12.71 million shares of ...
Hong Kong start-ups shine at China’s largest AI show amid city’s drive for Asian tech hub status
Artificial intelligence (AI) start-ups from Hong Kong grabbed some of the spotlight at the three ... AI-powered rescue drone start-up LifeSparrow, local LLM start-up Stellaris AI, data and indoor ...
BNP Paribas, UBS Show Interest in Buying HSBC’s Wealth Mgmt Unit in Germany – Report
Bloomberg, citing people familiar with the matter, reported that HSBC HOLDINGS (00005.HK) is considering to sell a number of businesses in Germany. BNP Paribas and UBS have expressed initial interest ...
Hong Kong Retailers Bank on Duty-Free Quota Hike to Boost Sales
HONG KONG (Reuters) - An increase in the duty-free quota for Chinese tourists to Hong Kong may go some way to support the city's retailers, but visitors from the mainland say prices are still ...
Hong Kong court hears mitigation pleas from Joshua Wong, other democrats
Prominent Hong Kong activist Joshua Wong should be considered an active participant in a landmark subversion case involving 47 democrats, his lawyer said on Friday, but urged a court to hand him a ...
Hong Kong activist Joshua Wong asks for a lesser sentence in landmark security case
Prominent activist Joshua Wong has asked for a lesser sentence in court after he earlier pleaded guilty in Hong Kong’s biggest national security case.
Hong Kong retailers bank on duty-free quota hike but mainland visitors say prices still high
Duty-free shopping quotas for Chinese tourists in Hong Kong were raised on July 1. Read more at straitstimes.com.