A company controlled by one of China’s better-known billionaires has purchased a German private bank, adding to his international business footprint. Hauck & Aufhäuser, a subsidiary of ... ( read original story ...)
Hong Kong’s older, single emigrants not letting age stand in way of new life in Britain
Simon Cheng Man-kit, founder of Hongkongers in Britain, which helps arrivals from the city settle into their new life, said there were only a few middle-aged singles among the 200 ... ( read original story ...)
Could Beijing’s ‘common prosperity’ model work for Hong Kong?
Hong Kong, a cosmopolitan metropolis with one of the world's most dynamic economies, brands itself as "Asia's world city". It is demoralising to witness how the poverty rate in this renowned global ... ( read original story ...)
Hong Kong welcomes OECD’s announcement of BEPS 2.0 implementation plan
The government of the Hong Kong Special Administrative Region on Saturday welcomed the Organization for Economic Cooperation and D ... ( read original story ...)
Chinese chip firm Horizon Robotics mulls moving US IPO to Hong Kong
Chinese artificial intelligence chip maker Horizon Robotics is considering moving a US listing plan to Hong Kong as Beijing deepens crackdown on overseas listings, Bloomberg reported on Friday. The ... ( read original story ...)
Hong Kong will be ‘more competitive’ after tax deal
The SAR government said on Saturday that the SAR would become a more competitive place to do business thanks to a new global tax deal announced by ... ( read original story ...)
Hong Kong raises storm warning as typhoon Lionrock lashes South China Sea
Hong Kong authorities issued its third highest storm signal early Saturday, shutting down transport networks, schools and offices as Tropical Storm Lionrock lashed the northern South China Sea. ( read original story ...)
Bank of England warns over threat of sharp market fall amid economic jitters
The central bank cautions over a so-called correction, which is defined as a drop of at least 10% in the price of a share from its most recent peak, as optimism of a bounce back falters over inflation ... ( read original story ...)
Use of mobile banking, digital services rose during Covid-19 pandemic, Visa survey finds
Covid-19 has accelerated the use of digital banking services in Hong Kong over the past year. A survey conducted by global payments giant Visa found that every four in 10 consumers in the city had ... ( read original story ...)
Rising inflation could trigger global sell-off that would harm UK, says Bank
Risky asset prices in several markets are at historically high levels and could be primed for sharp fall, it adds ... ( read original story ...)
Abbisko seals Hong Kong IPO at top end
Chinese biopharmaceutical firm Abbisko pocketed HK$1.75bn this week by pricing its IPO at the top of the marketed range, helped by a large group of cornerstone investors, according to a source close ... ( read original story ...)
Hong Kong Stock Market May Crack 25,000-Point Barrier
The Hong Kong stock market has finished higher in two of three trading days since the end of the two-day slide in which it had plummeted more than 620 points or 2.6 percent. The Hang Seng Index now ... ( read original story ...)
Nearly 2 in 5 HK adults will have virtual bank accounts by 2026
A total of 2,051,387 adults is projected to be virtual bank owners in five years. The number of adults in Hong Kong with virtual bank accounts will rise to more than two million (32%) within a ... ( read original story ...)
Numbers of overseas, mainland companies in Hong Kong reach record high
One of the surveys revealed that the number of business operations in Hong Kong with parent companies overseas and in the Chine ... ( read original story ...)