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Tag: business

Posted on 02/11/2024

Hong Kong’s hairy crab shops bemoan sales drop but can still count on diehard fans

said he had slightly reduced his inventory this season and expected a 3 per cent drop in business. “Mainland sales may be slower due to the economy, but this won’t significantly affect supplies to ...

Posted on 02/11/2024

Before US sanctions violations arrest, Russian businessman faced charges in Hong Kong

Behind the man accused of exporting drone parts to Russia is an international saga involving Hong Kong companies, a U.S. startup and Florida real estate ...

Posted on 01/11/2024

Hong Kong property: busiest month since May as DBS, HSBC bosses pick up luxury homes

Total transactions in Hong Kong’s property market could end the year with the highest volume since 2021, Centaline forecasts.

Posted on 01/11/2024

Unregistered trading through Hong Kong firms lands B.C. man $125K fine, ban

Two men from North Vancouver and Revelstoke who brokered unregistered sales of securities trough Hong Kong firms face sanctions from the B.C. Securities Commission ...

Posted on 01/11/2024

Rush for greener offices in Asia is leaving Hong Kong behind

A lack of green offices is posing a fresh risk to Hong Kong’s beleaguered property sector amid a slump that’s already wiped billions of dollars from real estate values.

Posted on 01/11/2024

‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express

Victims of 'Hong Kong's FTX' take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo.

Posted on 31/10/2024

Ex-Baidu AI Scientist Becomes A Billionaire After Shares Of His Self-Driving Tech Startup Jump 16%

Yu Kai, the 47-year-old chairman and CEO of Horizon Robotics, enters the billionaire ranks less than a week after his Beijing-based company went public in Hong Kong.

Posted on 31/10/2024

AIA posts record third-quarter new business value on China, Hong Kong growth

(Reuters) -Hong Kong-based insurer AIA Group reported a record value of new business (VONB) for the third quarter on Thursday, driven by strong demand for products in its key markets, China and Hong ...

Posted on 31/10/2024

AIA Group posts record third-quarter new business value

Hong Kong-based insurer AIA Group reported a record value of new business (VONB) in the third quarter on Thursday, driven by strong growth across major operations.The insurer's VONB, which gauges ...

Posted on 31/10/2024

StanChart to double down on wealth business, trim retail as it lifts outlook

Standard Chartered upgraded key performance targets as its quarterly profit topped market estimates, and said it will double down on its wealth business while slashing back retail banking in a bid to ...

Posted on 30/10/2024

Ex-Baidu AI Scientist Becomes A Billionaire After Shares Of His Self-Driving Tech Startup Jumps 16%

Yu Kai, the 47-year-old chairman and CEO of Horizon Robotics, enters the billionaire ranks less than a week after his Beijing-based company went public in Hong Kong.

Posted on 30/10/2024

Singapore stocks end lower despite Hongkong Land’s rally; STI declines 0.9%

Property group Hongkong Land puts up strong showing with 10.8% jump; parent Jardine Matheson gains 5.1% Read more at straitstimes.com.

Posted on 30/10/2024

China and Hong Kong stocks drop as US election risks loom

China and Hong Kong stocks dipped on Wednesday, with investors cautious ahead of the U.S. election, while also awaiting China's economic data and a top leadership meeting next week that could reveal ...

Posted on 30/10/2024

China is reshaping, not choking, private business

Is China choking off its private companies? After more than a decade of increasingly centralised rule under President Xi Jinping, the answer seems clear. The private sector is on the wane due to ...

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