The need to reduce cost amid a cooler economic outlook poses challenges for banks in 2023 HONG KONG SAR - Media OutReach - 13 January 2023 - The reopening of the border and ...
HKSAR gov’t strongly opposes Britain’s so-called six-monthly report on Hong Kong
China's Hong Kong Special Administrative Region (HKSAR) government has vehemently refuted the slandering remarks and ill-intentioned political attacks on the HKSAR under the successful application of ...
Hong Kong stocks set for 3rd week of gain as slower US inflation boosts risk appetite, Fed rate outlook
Stocks are on course for a third week of rally as slower US inflation fuels optimism the Federal Reserve will temper its hawkishness this year and avoid tipping the economy into a recession.
Deal Digest: Hong Kong and Japan See Year-End Growth Momentum, With PRC Firms Tapping US and European Capital Markets For Growth
Law firms in Asia have seen a glimpse of hope amid a regional IPO slump in the past month, with Hong Kong experiencing a boosted IPO pipeline following the removal of COVID restrictions, and Japan ...
Hong Kong can play key role as Asia catches up on transition to cleaner energy, former UN climate chief says
Companies in Asia have much catching up to do when it comes to their climate transition performance, and this could create opportunities for Hong Kong as a financial hub, according to participants at ...
BOC Aviation sells 18 aircraft
Singapore-based, Hong Kong SAR-listed aircraft leasing company BOC Aviation executed 82 transactions in the fourth quarter of 2022 and a total of 298 in 2022. These included commitments in the fourth ...
HSBC wins appeal against $36 mln Euribor cartel fine
HSBC has won an appeal against a decision by European antitrust regulators to fine Europe's second-largest bank 33.6 million euros ($36 million) over its role in a cartel to manipulate benchmark ...
Hong Kong lawyer duped out of HK$5.7mil by phone scammers pretending to be mainland Chinese police, telecoms worker
Woman, 31, first received phone call in November from ‘telecoms worker’ who said she was involved in deception case. Victim then had a video call with another scammer posing as a mainland public ...
Hong Kong accountant swindled out of HK$2.2 million after man with ‘insider information’ lures him into setting up account on fake stock trading app
Scammer in WhatsApp group convinced accountant, 51, to transfer money into five designated bank accounts to invest in mainland stocks Bogus app showed fake transactions and returns to trick people ...
Hong Kong lawyer duped out of HK$5.7 million by phone scammers pretending to be mainland Chinese police, telecoms worker
A Hong Kong lawyer has become the latest victim of a phone scam after a swindler impersonating a mainland Chinese police officer duped her out of nearly HK$5.7 million (US$730,769) over two months.
Hong Kong’s IPO Market Is Poised For A Return To Form
After a bleak first half of 2022, Hong Kong’s IPO market regained momentum in the second half of the year. Refinitiv data show that 75 listings raised US$12.69 billion. To be sure, it was a weaker ...
2023 will be a ‘much better’ year for Hong Kong’s economy than 2022, says finance secretary
Paul Chan, Hong Kong's finance secretary, discusses the city's economic outlook in the context of factors such as mainland China's reopening.
Financial stability a priority for Hong Kong: finance secretary
Chan expects more support from mainland China as the latter’s economy recovers. Hong Kong places priority in maintaining its financial stability amidst ongoing challenges in the external environment, ...
Goldman Sachs lays off 16 private banking staff across Hong Kong, Singapore and China offices: Source
NEW YORK/LONDON/HONG KONG - Goldman Sachs began laying off staff on Wednesday (Jan 11) in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and ...