Data suggests Hong Kong is starting to recover, with tourism, service exports and population numbers coming back up But challenges remain, the worst of which is probably the eagerness of many in the ...
Hong Kong Finance Minister cautions against overreliance on tax reduction for stock market survival
Hong Kong’s Finance Minister, Paul Chan Mo-po, cautioned that reducing the tax on securities trading might not necessarily revive the city’s sluggish stock market. This warning comes as discussions ...
Hong Kong police smash HK$320 million money-laundering operation and arrest 19, but origins of most of cash still mystery
Police say syndicate, which began operating around June last year, also scammed at least 25 victims, with biggest single loss involving around HK$1 million.
HSBC launches 3rd Business Excellence Awards
Business enterprises and entrepreneurs can nominate themselves in eight categories by filling in a simple nomination form. The categories of 3rd HSBC Business Excellence Awards ar ...
HSBC launches third Business Excellence Awards
Organisations concerned can apply in eight categories till 1 October. The institutions selected through the jury board will be awarded by November.
Lowering Hong Kong’s stamp duty on securities trading not silver bullet for sluggish stock market, finance chief warns
Financial secretary chimes in for first time on rife talk over matter in wake of the setting up of a 13-member task force last week He cites statistics in showing move will not resolve structural woes ...
Mainland Chinese flock to Hong Kong for higher interest rates, financial security, amid growing economic woes
After a journey of hundreds of miles from Henan province in north-central China, Wong arrived at a Tsim Sha Tsui branch of the Bank of China Hong Kong (BOCHK) at 5.30 am. She managed to secure first ...
Hong Kong lowers typhoon warning to weakest T1 alert after Tropical Storm Saola departs
The Hong Kong Observatory warned that weather would worsen rapidly on Friday as Super Typhoon Saola edged closer to the city with its “well-defined eyewall”, saying it would evaluate the situation in ...
Typhoon Saola leaves debris as it batters Hong Kong
STORY: Typhoon Saola left a trail of destruction in Hong Kong, as it battered the financial hub Friday into Saturday.A glass panel fell from an office building, water gushed from broken pipes, and ...
Typhoon Saola makes landfall in Guangdong after slamming Hong Kong, Macau
Typhoon Saola made landfall in the southern Chinese province of Guangdong early on Saturday as violent winds lashed nearby Shenzhen, Hong Kong and Macau, leaving at least one dead and a trail of ...
Hong Kong’s ZA Bank Becomes HashKey Exchange’s Settlement Bank to Provide Fiat Deposit, Withdrawal Services
ZA Bank has reportedly become the first settlement bank for HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange.
China EV maker Hozon Auto appoints banks for $1 bln Hong Kong IPO -sources
Chinese electric vehicle (EV) maker Hozon Auto has appointed China International Capital Corporation (CICC) and Morgan Stanley to work on a Hong Kong initial public offering (IPO) that could ...
Kirkland, Freshfields, A&O Act on Hong Kong’s First Ever De-SPAC Deal
Together with its merger partner, Aquila has now also entered into a private investment in public equity agreement (PIPE) with 10 PIPE investors, ...
Hong Kong, other parts of south China grind to near-halt as Typhoon Saola approaches
Most of Hong Kong and other parts of southern China ground to a near-standstill Friday, canceling classes and flights as Typhoon Saola approached.