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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 ...

Posted on 09/04/2024

Hong Kong seizes over $10 million worth of gold disguised as machine parts in record smuggling bust

Hong Kong authorities have made the city's largest ever gold smuggling bust, seizing $10.7 million worth of the precious metal that was disguised as machine parts.

Posted on 09/04/2024

Hong Kong Stock Market Needs More Steps to Boost Performance, John Lee Has Plans

Hong Kong’s leader John Lee announced on Monday that authorities were exploring additional measures to support the securities market in the Asian financial hub, which has been impacted by China’s ...

Posted on 09/04/2024

Fintech Adyen and PayMe by HSBC to Expand Businesses’ Client Reach in Hong Kong

Adyen, the global financial technology platform of choice for leading enterprise businesses, announced its partnership with PayMe by HSBC.

Posted on 09/04/2024

BOC Hong Kong (Holdings) Earning Potential Bolstered by Strong Loan Growth and Superior Asset Quality

DBS analyst Manyi Lu reiterated a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report) on March 31 and set a price target of HK$29.70. Manyi Lu has given his Buy rating due to a ...

Posted on 09/04/2024

Freedom’s Man in Hong Kong

Jimmy Lai’s trial is exposing the myth that the local protests were foreign-directed.

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