Warburg Pincus is among those buying hotels in the Asian hub to convert into upscale shared digs for millennials. Given a 99% drop in visitors in the past three years and a belief that won’t reverse ... ( read original story ...)
Hong Kong’s Hang Seng index jumps 3%, leading gains as Asia-Pacific stocks rise
Shares in Asia-Pacific were higher on Tuesday. Hong Kong's Hang Seng index closed 3.27% higher on Tuesday as Chinese tech stocks surged. The Reserve Bank of Australia could further increase interest ... ( read original story ...)
Hong Kong government revamp to cost taxpayers extra HK$95 million a year, but incoming leader vows better results
Overhaul calls for new roles of deputy secretary for justice, deputy financial secretary and deputy chief secretary for administration Chief Executive-elect John Lee says he suggested three deputy ... ( read original story ...)
42 per cent of Hong Kong kindergartens applied to raise tuition fees
Hong Kong schools have lost at least 4,050 teachers this academic ... to understand their situation and needs and provide appropriate support to minimise their financial difficulties due to the impact ... ( read original story ...)
Hong Kong IPO candidate Tianqi Lithium gets Shenzhen bourse query over losses incurred from US$159 million option-linked contracts with Morgan Stanley
Shenzhen exchange asks Tianqi to 'clarify the reason and justification for the losses incurred by your hedging business over the past three years' The Sichuan province-based lithium miner applied to ... ( read original story ...)
Opinion: The Hong Kong Dollar Is The Best Stablecoin. Sorry, Terra And Luna
The celestial algorithm that keeps the moon in its orbit around the earth clearly works a lot better than the one that governed Luna and Terra. ( read original story ...)
Syfe Accelerates Asia Expansion Plan, Launches In Hong Kong
Syfe, a digital investment platform headquartered in Singapore and licensed by the Monetary Authority of Singapore (MAS), today announces its entry into Hong Kong. Syfe has secured its licence from ... ( read original story ...)
Taishin banker resigns ahead of move to HK
Stanley Chiang, a relationship manager at Taishin International Commercial Bank’s Singapore office, has resigned ahead of his move to Hong Kong next month, GlobalCapital Asia understands. He will wrap ... ( read original story ...)
HSBC Buys back Over 1.67M Shrs in HK, London Ytd for Over $81.11M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 1.6793 million shares in London and Hong Kong yesterday (16th), involving a total of approximately HKD81.1122 million. HSBC ... ( read original story ...)
Why HSBC’s ‘pivot’ to Asia rings false
Readers discuss HSBC's inability to forge a new strategy for growth, the UK's interest in Hong Kong and Taiwan, why Hong Kong must bring back TikTok, and how anti-touting measures at government sports ... ( read original story ...)
Leading Hong Kong tycoons turn their backs on jet leasing
Hong Kong tycoons Li Ka-shing and Henry Cheng are both retreating from aircraft leasing, a business into which they had steered their wide-ranging conglomerates over the past decade to diversify risk ... ( read original story ...)
NetEase, JD.com lead Hong Kong stocks higher as JPMorgan turns positive on Chinese tech shares
the mainland's financial capital, plans to reopen in phases starting next month Hong Kong stocks rose to their highest level in almost two weeks after JPMorgan Chase upgraded its recommendation on ... ( read original story ...)
HKMA buys HK$5.9 billion from market as currency hits weak end of trading band
Hong Kong's de-facto central bank bought HK$5.888 billion ($750 million) from the market to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong Kong dollar is pegged to ... ( read original story ...)
Business must utilise potential of women in Hong Kong
Christina Ong, HSBC head of Hong Kong business banking, rightly says small and medium-sized businesses will continue to be the bedrock on which economies and local communities are built, and there is ... ( read original story ...)