The bank is sitting on £978 million of savings owed to tens of thousands living in the UK after they escaped a crackdown on pro-democracy activists by China.
Hong Kong budget: can Paul Chan make needed cuts without angering the public?
The Post examines the difficulties the government faces should it cut expenditure in major spending areas, such as the HK$2 transport subsidy, public healthcare and civil servant salaries ...
Show me the money: unveiling Hong Kong’s 10 biggest spenders in government
As finance chief urges tightening of purse strings ahead of next budget, the Post looks at which government agencies have the highest bill As Hong Kong grapples with an estimated budget deficit of ...
China’s largest bubble tea chain Mixue aims to raise $443 million in Hong Kong IPO
China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.
Bubble-Tea Giant Mixue Seeks $444 Million in Hong Kong IPO
Mixue Group, operator of China’s largest bubble-tea chain, plans to raise HK$3.45 billion ($444 million) in a Hong Kong initial public offering to help it fend off competition in the fast-growing ...
Mixue aims to raise US$444 million in Hong Kong IPO as its juices, iced drinks take off
China's largest fresh-drink company Mixue Group aims to raise HK$3.45 billion (US$444 million) in a Hong Kong initial public offering (IPO) to expand its business amid heightened competition. The ...
Hong Kong homes lost US$61.7 billion in value after removal of curbs: Centaline
Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing ...
Hong Kong underwriting flexibility rises amidst competition: Aon
Despite limited new business opportunities, the market continues to attract capacity. Hong Kong's insurance market remains well-capitalised with stable demand, but lower-than-expected economic growth ...
Budget 2025: is raising taxes the answer to Hong Kong’s ‘structural deficit’?
The Post breaks down whether Hong Kong is facing a structural deficit and whether taxing top earners can help get the city back on track Hong Kong's ballooning deficit has prompted authorities to ...
Chinese Bubble Tea Chain Mixue Aims to Raise $443 Million in Hong Kong IPO
(Reuters) - China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, according to a regulatory filing made ...
Hong Kong homes lost US$61.7 billion of value after removal of curbs: Centaline
Total value of residential properties in Hong Kong stood at HK$8.99 trillion (US$1.15 trillion) in January compared with HK$9.5 trillion before the easing The removal of property curbs a year ago has ...
February Global Regulatory Brief: Green finance
The financial sector continues to face new rules and government expectations as part of the broader effort to aid the green transition.
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
Hong Kong Shares End Lower, Weighed by Tech Stocks
Hong Kong shares ended lower, potentially due to profit-taking to lock in recent gains as focus returns to macroeconomic risks.