Hong Kong's de-facto central bank bought HK$2.975 billion ($378.99 million) from the market in New York trading hours to stop the local currency from weakening and breaking its peg to the U.S. dollar. ( read original story ...)
Hong Kong’s Intelligent Living stock jumps 42% after rallying 64% in prior session
Shares of lockset maker Intelligent Living Application Group (ILAG) rallied for the second straight session amid renewed investor interest in Chinese stocks ... ( read original story ...)
Hong Kong online brokerage TOP Financial sees stock soar 97%
Hong Kong-based online brokerage TOP Financial Group (TOP) saw its shares soar 97% Monday. TOP shares opened at $10.52, hitting a high of $23 mid-morning ... ( read original story ...)
Hong Kong Quarantine Reduction Met With Calls to Go Even Further
Hong Kong took a much anticipated step to reduce mandatory hotel quarantine for international travelers as the city seeks to restore its position as a financial hub and revive its economy. ( read original story ...)
Hong Kong retail, catering sectors see boost from second phase of consumption voucher
Hong Kong’s retail sector has seen a slight boost in business as most residents received HK$2,000 in electronic vouchers under the consumption voucher scheme. But many refrained from buying expensive ... ( read original story ...)
HSBC HK bands together stars from MIRROR, ERROR and COLLAR
HSBC and Wunderman Thompson Hong Kong have joined hands in creating a “SUMMERverse” experience for this year’s HSBC Red Hot Festival. The partnership aims to break boundaries with a holistic marketing ... ( read original story ...)
HSBC Names Patrick Boumalham New Global Head of Wealth Sales
HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a ... ( read original story ...)
HSBC seeks to placate Hong Kong investors after rejecting break-up call
HSBC's bosses met retail investors in Hong Kong on Tuesday, urging them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top shareholder Ping An ... ( read original story ...)
HSBC’s headquarters should be in Hong Kong instead of the UK, says Hong Kong district councilor
Christine Fong, a councilor for Hong Kong's Sai Kung district, says that's important for risk management in the face of the Russia-Ukraine war and inflation. ( read original story ...)
Hong Kong Cuts Hotel Quarantine for Incoming Travelers to 3 Days
Hong Kong will shorten the Covid-19 hotel quarantine period for all arrivals to three days from the earlier seven days. ( read original story ...)
Biocytogen Pharmaceuticals Refiles for Hong Kong IPO
The Beijing-based company filed an updated draft prospectus to the Hong Kong bourse late Sunday, saying that it plans to use the proceeds from an offering to research and develop drugs to treat ... ( read original story ...)
Hong Kong cuts COVID quarantine stay for incoming travellers
Hong Kong will shorten the COVID-19 hotel quarantine period for all arrivals to three days from seven, taking another step to gradually unwind stringent pandemic rules that have isolated the Asian ... ( read original story ...)
Hong Kong’s ZA Bank launches investment fund service
All subscription fees are waived until 31 December 2022. Hong Kong’s virtual bank ZA Bank has officially launched its investment fund service. Until 31 December, all subscription fees to the service ... ( read original story ...)
Covid-19: Hong Kong cuts quarantine time for incoming travellers
"We need to balance between people's livelihood and the competitiveness of Hong Kong to give the community maximum momentum and economic vitality," Lee said. People in quarantine will be issued a red ... ( read original story ...)