Investors who have exploited Hong Kong's cheap interest rates all year to fund other trades globally are finding that the window is closing as local cash conditions tighten and the city's lenders come ... ( read original story ...)
How a small Hong Kong firm saw its shares soar
A little-known Hong Kong company has seen its stock market value soar in recent days, for no apparent reason.AMTD Digital made its New York debut two weeks ago, priced at $7.80 a share.This week, the ... ( read original story ...)
What a Rugby Tournament Says About Hong Kong’s Fate as a Financial Center
The iconic sporting event resumes on Nov. 4-6, but Hong Kong more to do to regain its status as a global business hub ... ( read original story ...)
Meme stock traders have a new favorite: Hong Kong’s AMTD Digital
The company's market capitalization surged above $450 billion in a 244% jump on Tuesday, reminding investors of the meme stock mania last year that drove record rallies in shares of companies ... ( read original story ...)
Salesforce shutters Hong Kong office, leans on Alibaba in China
Salesforce is repositioning itself in China as it looks to expand the reach of its customer relationship management software in the country. The company is “accelerating” its strategic partnership ... ( read original story ...)
Hong Kong’s Jumbo Floating Restaurant upside down and trapped on a reef as investigation continues
Vessel not a danger to sea traffic in area, according to duty officer at Hainan Maritime Safety Administration No word on when investigation will be completed or whether authorities will help recover ... ( read original story ...)
Hong Kong, mainland Chinese cities among worst performers in Savills index tracking home rent growth this year
Upmarket home rents in Hong Kong and Shenzhen declined in the year’s first half, bucking the global trend of increases among 30 cities tracked by property consultancy Savills. ( read original story ...)
Four eco-friendly Hong Kong businesses that will keep you cool all summer
From craft beer brewed from stale bread to coffee served in edible cups, Hong Kong businesses are doing their bit to reduce the impact of climate change. ( read original story ...)
Hong Kong prime rate increase could hit this month, some analysts say, as costly defence of US-dollar peg continues
Six out of 10 analysts surveyed by the South China Morning Post believe the Hong Kong prime rate will increase by 12.5 to 25 basis points Most analysts surveyed expect a rate increase to come in ... ( read original story ...)
HSBC Leaders Try to Placate Restive Hong Kong Shareholders
Leaders seek to convince small investors that splitting off the Asian business wouldn’t benefit them. ( read original story ...)
Hong Kong Stocks Hammered by Sino-U.S. Tensions, Weak GDP Data
The bank is struggling to convince shareholders to vote against a potential proposal to spin off its Hong Kong business into a separate entity. The move has been bought up by Chinese insurer Ping An ... ( read original story ...)
HSBC aims to soothe Hong Kong investors after rejecting break-up call from Ping An
HSBC's bosses will meet retail investors on Tuesday in Hong Kong, the biggest market for Europe's largest lender, seeking to convince them their strategy to operate as a global bank is vital to ... ( read original story ...)
Hong Kong economy tips into technical recession
Hong Kong has tipped back into a technical recession, new government figures showed Monday, weighed down by mounting interest rates, weakened global trade and the city's continued adherence to ... ( read original story ...)
Asian shares advance, Hong Kong sags on weak factory data
Shares are mostly higher in Asia after a strong close on Wall Street last week, though the latest manufacturing surveys showed weakening factory activity in the region's biggest economies ... ( read original story ...)