The chairman of HSBC has been awarded a knighthood despite previously facing criticism over the bank’s controversial ties to China. Mark Tucker, who has chaired HSBC since 2017, was given the award ...
ShopBack HK Names New Head of Commercial HONG KONG, June 2024
ShopBack HK Names New Head of Commercial HONG KONG, June 2024Hong Kong - June 14, 2024 — ShopBack, the leading online cashback platform, is ...
How three MIT scientists and Tencent’s backing created Hong Kong’s new investor darling
in an initial public offering (IPO) in Hong Kong, becoming the first technology company to float shares under the city’s relaxed regulatory framework known as Chapter 18C. The Hong Kong stock exchange ...
Hong Kong’s biggest challenges are political problems, not financial troubles: city leader
Issues stemming from ‘power play between nations’ exert ‘biggest pressure’ on Hong Kong as a part of China, John Lee says.
Hong Kong homes remain most unaffordable in world for 14th year: research
The average home in the city costs as much as the average family earns in 16.7 years, according to the Demographia International Housing Affordability report.
AI drug discovery startup goes public in Hong Kong, nabbing $115M to build on pharma partnerships
Chinese AI drug discovery company XtalPi has landed on the Hong Kong stock exchange after nearly $115 million ($896.13 million HKD) from an IPO. XtalPi, which is listing under the name QuantumPharm, ...
Dun & Bradstreet and HSBC team up to support Hong Kong businesses embark on their ESG journeys
Dun & Bradstreet (D&B), a global provider of business decisioning data and analytics, and HSBC today announce a collaboration aiming to help businesses in Hong Kong strengthen their resilience and ...
GBA has edge over San Francisco in finance: FS
Hong Kong's status as an international financial hub has provided a "competitive advantage" to the Greater Bay Area in financial services over its ...
China Evergrande’s ex-CEO sells Hong Kong home at almost half of purchase price
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to ...
Hang Seng Index opens lower ahead of BOJ decision
Hong Kong stocks slipped at the opening of trading on Friday morning as investors awaited a key policy decision by the Bank of Japan later in the ...
US sanctions Hong Kong companies for alleged support of Russia’s ‘war economy’
The US Department of Treasury sanctioned Hong Kong companies under Executive Order (EO) 14024 on Wednesday in response to the companies' alleged support of Russia's economy amid the War in Ukraine.
Hong Kong rule of law ‘profoundly compromised’, says British judge who quit post there
The rule of law in Hong Kong is "profoundly compromised" in areas of the law where the government has strong opinions, a British judge who recently resigned from the top Hong Kong appeals court said ...
Chinese tech stars Alibaba, JD fuel convertible bond surge, likely ‘precursor’ to IPO rush
“Our hope is that this would be a precursor or a preview for eventually the IPO market to come back,” he said. Funds raised by new listings on the Hong Kong stock exchange fell 32 per cent in the ...
Six Hong Kong banks stand pat on rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief.