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Posted on 30/10/2023

Over 3,000 Hong Kong civil servants disciplined for misconduct in past 5 years, with number dismissed in 2022 almost double yearly average

Civil service chief Ingrid Yeung also rules calls for flexible working hours and childcare leave for staff 'We are actually more generous than those in private organisations regarding the holidays that civil servants can enjoy and the maximum number of leaves,

Posted on 30/10/2023

Hong Kong students jailed for ‘glorifying’ attack on police

Four former student leaders of a Hong Kong university were jailed for two years Monday for inciting others to wound police after they "glorified" a knife attack on an officer, said a judge.Several days later,

Posted on 30/10/2023

HSBC launches $3 billion buyback, profit disappoints on rising costs

HSBC on Monday reported a fresh $3 billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts as spending on technology and operations grew and inflation ...

Posted on 30/10/2023

HSBC plans US$3 billion share buyback, CEO touts capital strength

I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...

Posted on 30/10/2023

Why Hong Kong’s housing market is hurting but will dodge a full-blown crisis

Hong Kong's real estate market has endured five years of steady upheaval and shocks, with domestic and global factors adding to the strain Even so, the outlook is not all doom and gloom as risks to ...

Posted on 30/10/2023

China’s Hot-and-Sour Noodle Chain Picks Banks for Hong Kong IPO

Chinese hot-and-sour noodle chain Maliuji has selected banks for a potential initial public offering in Hong Kong that could take place as soon as next year, according to people familiar with the matter.

Posted on 30/10/2023

Hong Kong opposition hopefuls face uphill task securing nominations to run in district council election under new rules

Time running out for opposition figures who have failed to get district council poll backing from three district committees.

Posted on 30/10/2023

Chinese Online Insurer Shouhui Considers Hong Kong IPO in 2024

Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.

Posted on 30/10/2023

HSBC Q3 profit misses estimates, to buy back $3 bln of shares

HSBC Holdings reported a 240% increase in third-quarter pre-tax profit on Monday as higher interest rates boosted profitability, although it missed market estimates.

Posted on 30/10/2023

60 Hong Kong civil servants removed from office last financial year, almost double the average

A total of 60 Hong Kong civil servants were removed from service in the financial year of 2022-23, around double the yearly average recorded in the previous five years, the city’s civil service chief ...

Posted on 30/10/2023

Hong Kong stocks slip as HSBC, Bank of China pace losses before earnings reports, worries about credit exposure to property market

Stocks weaken before HSBC, Bank of China and BYD report their quarterly earnings this week. Caution prevailed amid concerns about credit losses in mainland China’s property sector.

Posted on 30/10/2023

Standard Chartered-backed firm Zodia Custody expands Institutional crypto services to Hong Kong

Zodia Custody, owned by British financial powerhouse Standard Chartered, has announced its entry into the Hong Kong market. This move comes as part of the company’s deliberate foray into the ...

Posted on 30/10/2023

Brinc and Hatcher+ Team Up to Supercharge Climate Tech Startups

Brinc, a leading global venture accelerator, and Hatcher+, an award-winning, data-driven VC, have announced their intention to identify, invest in, and support the growth of 300 new climate tech ...

Posted on 30/10/2023

China Evergrande winding-up hearing adjourned to Dec. 4 by Hong Kong court

A Hong Kong court has adjourned a winding up hearing for property developer China Evergrande Group’s until Dec. 4 ...

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