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Posted on 01/11/2023

Hong Kong stocks slip as ICBC leads slump among Chinese banks amid earnings, credit risks in property market

Hong Kong stocks fell, led by losses in mainland China’s biigest lenders including Bank of China and Industrial and Commercial Bank of China (ICBC) amid concerns about their loan exposure to the ...

Posted on 01/11/2023

Beijing’s crackdown fails to dim Hong Kong’s luster, as talent scheme lures mainland Chinese

The exodus of tens of thousands of professionals from Hong Kong, triggered by Beijing’s crackdown on its civil liberties, is being offset by new arrivals: mainland Chinese keen to move to the former B ...

Posted on 01/11/2023

ZA Bank opens operating account for OKX Hong Kong, In collaborative effort to support Hong Kong’s Web3 development

ZA Bank, Hong Kong's No.1 virtual bank[1], and OKX, a leading global virtual asset exchange and Web3 technology company, today announced that the bank has opened an operating account for OKX Hong Kong ...

Posted on 01/11/2023

DBS Rents Hong Kong Retail Space at 18% Lower Than Asking Price

DBS Group Holdings Ltd. clinched a deal to rent retail space in Central’s New World Tower for 18% less than the asking price, according to a person familiar with the matter.

Posted on 01/11/2023

Kurt Tong Critiques US Perception of Hong Kong, Warns of Threats to Information Flow

Kurt Tong, former US consul general to Hong Kong, delivered a stinging critique of American perception of Hong Kong, bemoaning the thin awareness and understanding that persists in the US. Speaking at ...

Posted on 01/11/2023

Hong Kong Bourse May Reclaim Tuesday’s Losses

The Hong Kong stock market on Tuesday halted the two-day winning streak in which it had advanced more than 350 points or 2 percent.

Posted on 01/11/2023

Hong Kong: over-the-top punishment for 2019 democracy protesters, report finds

More than 10,000 arrests and nearly 3,000 prosecutions, with 82% given jail including ‘extraordinary high’ proportion of children ...

Posted on 01/11/2023

Hong Kong’s 5 ‘finance bro’ types and how to identify them by their outfits

From the client-facing hedge fund guys with their expensive suits and designer shoes to tech bros in polo shirts and sneakers, here’s how to identify Hong Kong’s finance bros by their outfits.

Posted on 01/11/2023

Hong Kong to set up logistics data platform connecting transport hubs to enable information sharing, improve cargo flow

Transport minister says ‘all essential data’ will also be shared on daily basis with stakeholders across the border.

Posted on 01/11/2023

Hong Kong leader John Lee will miss an APEC meeting in San Francisco due to ‘scheduling issues’

Hong Kong leader John Lee will not attend an upcoming economic conference in the U.S. due to “scheduling issues” despite an earlier appeal to be invited as per convention, ...

Posted on 31/10/2023

Alibaba, HSBC, BYD lead stock slump in Hong Kong on surprise drop in Chinese manufacturing

The city’s stock benchmark completed a third month of losses. A surprise drop in manufacturing in October means it’s too early to call the bottom in the Chinese economic slowdown, Nomura says.

Posted on 31/10/2023

Xi says China’s women must start ‘new trend of family’

HONG KONG (Reuters) - Chinese President Xi Jinping said women have a critical role and must establish a "new trend of family", as the nation grapples with an ageing population and record decline in ...

Posted on 31/10/2023

Americans have ‘thin’ awareness of situation in Hong Kong, former consul general says

US media focusing on national security trials and political changes with very little reporting about other aspects of society and economy, Kurt Tong says ...

Posted on 31/10/2023

Hong Kong Economic Growth Improves To 4.1% In Q3

Hong Kong's economy grew at a stronger pace in the third quarter, boosted by tourism and spending, though the rate of expansion was ...

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