Development minister Bernadette Linn says past experience suggests developers more interested in smaller plots of land during economic downturn Linn says another way to boost interest is to provide ...
Lianlian applies to revive its Hong Kong IPO as Ant Group’s rival takes a second stab at raising funds
Hong Kong, the world’s top IPO destination in seven of the past 15 years, fell to 8th place last year, a miserable year at a two-decade trough, as 68 companies raised US$5.9 billion, according to ...
US sanctions Hong Kong, UAE firms over ‘financial support’ to Houthi rebels
of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to the Yemen-backed group. According to a ...
Bank of East Asia targets wealth management and fintech in Greater Bay Area from newly opened Qianhai tower
The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the ...
US sanctions Hong Kong, UAE firms over Houthi support
Washington announced fresh sanctions on two companies based in Hong Kong and the United Arab Emirates, aiming to curb the financial support to Iranian ...
Hong Kong considering tuition fee hike for public universities after over 20 years of no increases: minister
Secretary for Education Christine Choi says her bureau will review tuition fees under user-pays principle, after finance chief eyes increasing public service charges.
Hong Kong a cautionary tale as China looms over Taiwan’s election
As Taiwan heads to the polls this weekend in an election bound to shape its relationship with China, voters are being called to think of Hong Kong.
BOC Hong Kong (Holdings): A Buy Rating on Strong NII, Dividend Appeal, and Positive 2024 Outlook
In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), ...
Exclusive: China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say
Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business ...
Hang Seng Bank launches investment and life insurance plan
Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. Hang Seng Bank has launched 'LegendPower', a life insurance plan designed to help accumulate ...
Hong Kong stocks advance for a second day on China rate-cut bets as deflation deepens
Hong Kong stocks jumped for a second day as investors bet China’s central bank will cut key lending rates as early as next week to boost growth amid deepening deflation in the economy. The Hang Seng ...
HSBC HK unveils debit, supplementary card waiving foreign currency fees
HSBC Hong Kong has launched a new debit card and supplementary debit card for its global private banking customers. Powered by Mastercard, the new cards are expected to provide customers with a ...
Hong Kong Bitcoin ETF FOMO, Thailand approves $14B airdrop: Asia Express
Hong Kong has experienced the biggest financial scams in its history last year with the collapse of unlicensed crypto exchanges JPEX and Hounax. In a separate interview on January 10, Livio Weng, COO ...
Hong Kong proposes stablecoin licensing and regulatory regime
The government plans to introduce a licensing and regulatory regime for issuers of stablecoins that reference fiat currencies ...