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Posted on 09/04/2024

Centurion unit sets up JV company to lease, refurbish Hong Kong property

ACCOMMODATION assets operator Centurion Corporation on Tuesday (Apr 9) said its wholly owned subsidiary Centurion Overseas Investments has established a 60 ...

Posted on 09/04/2024

HSBC to accelerate China wealth expansion, on track to meet hiring target

HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the ...

Posted on 09/04/2024

HSBC summit: digital assets market at ‘tidal point’, Hong Kong best placed to drive it forward, bank’s global strategy head says

Hong Kong has entered the next phase of its digital-assets development, which is to achieve benchmark liquidity in the primary and secondary markets, according to HSBC’s global head of digital assets ...

Posted on 09/04/2024

HSBC summit: Hong Kong’s financial ecosystem is robust, resilient and unwavering, HKMA’s Eddie Yue and SFC’s Julia Leung say

Look at the facts. Hong Kong's ecosystem is robust,' Eddie Yue says during fireside chat Summit shows HSBC's belief that Hong Kong is a dynamic hub for capital, business and opportunity: SFC's Leung ...

Posted on 09/04/2024

Hong Kong – Contractually Obliged To Play Ball.

Successfully acted for the Spalding Group, a leading sports equipment manufacturer, in a Hong Kong case involving trade mark infringement, infringing company names and passing off proceedings, where ...

Posted on 09/04/2024

Manyi Lu Recommends ‘Buy’ on BOC Hong Kong Citing Solid Performance and Growth Potential Despite NPL Increase

DBS analyst Manyi Lu has reiterated their bullish stance on BNKHF stock, giving a Buy rating on April 2. Manyi Lu has given his Buy rating due ...

Posted on 09/04/2024

HKMA CEO says Hong Kong considering ‘deepening’ some connect schemes with China

Hong Kong Monetary Authority (HKMA) is considering deepening some investment connection schemes between the city and mainland China, CEO Eddie Yue said on Tuesday. Yue told the HSBC Global Investment ...

Posted on 09/04/2024

Hong Kong capital investment scheme’s 50 applications received in a month is sign of ‘strong confidence’ from the wealthy: government

InvestHK says it received 1,600 inquiries since its launch on March 1, with 70 per cent coming from professional service providers Authorities are expecting up to 4,000 people to join the scheme ...

Posted on 09/04/2024

L’Occitane shares halted in Hong Kong as Blackstone said to prepare funds for privatisation bid

L’Occitane’s billionaire owner Reinold Geiger and Blackstone are nearing a deal to take the US$5.6 billion skincare company private, people familiar said. The stock is halted in Hong Kong pending an ...

Posted on 09/04/2024

Opinion: Financial scammers have a new weapon to steal your money: AI

Recently a group of scammers orchestrated a sophisticated heist that netted them $25 million. Utilizing deepfake technology and AI voice cloning, they created eerily convincing digital replicas of ...

Posted on 09/04/2024

Hong Kong’s John Lee urges businesses to be bold, creative amid changing spending habits

Hong Kong's leader brushes off concerns over lacklustre Easter ... the "Art March" campaign last month had drawn more than 4 million attendees, as he urged business operators to explore new ways to ...

Posted on 09/04/2024

Multi-strategy hedge funds in Hong Kong and Singapore are booming. Here’s why they’re tapping the Middle East to get to the next level.

New launches and long-time players in Singapore and Hong Kong are looking westward as they expand.

Posted on 09/04/2024

Mainland Chinese Buyers Flock Back to Hong Kong Luxury Properties in Early 2024

Mainland Chinese buyers are observed to have accounted for around 70% of recent primary sales of luxury residential properties worth HKD 30 million or above, rebounding from less than 50% before the ...

Posted on 09/04/2024

China’s property crisis hits small regional banks harder than big players

In terms of the scale of bad property debts, some institutions saw even larger increases. At the top of the list is Bank of Qingdao, headquartered in Shandong province, near Liaoning, which suffered a ...

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