The Hong Kong government plans to amend a draft bill for the city’s new domestic security law to tighten measures against “absconders,” after lawmakers said the existing proposal was “too lenient.” ...
Hong Kong stocks rise 3% to lead gains in Asia; Nikkei extends slide
Japan's corporate inflation rate for February rose to 0.6%, beating the 0.5% expected by economists polled by Reuters and climbing from January's figure of 0.2%.
HSBC Life tops Hong Kong’s insurance industry in Q32023
HSBC Life premiums amongst the biggest market share contributors. The Insurance Authority released the Q32023 provisional statistics of the Hong Kong insurance industry. According to data, HSBC Life ...
Hong Kong stocks jump more than 3%
Hong Kong stocks rallied more than 3 percent on Tuesday thanks to heavy buying in tech giants. The Hang Seng Index surged 3.1 percent, or 505 points, to 17,093. The Shanghai Composite Index shed 0.4 ...
Alibaba’s media arm to invest HK$5 billion in Hong Kong’s entertainment sector over 5 years
Chinese multinational technology giant Alibaba has pledged to inject HK$5 billion into Hong Kong’s entertainment sector to finance promotion to an international audience. Hong Kong-made television ...
20-60% compensation expected for HK-tied ELS losses
Financial authorities expect the majority of individuals who suffered from soured investments in equity-linked securities (ELS) tied to the Hong Kong stock market index to be compensated for 20 to 60 ...
DDB Group Hong Kong and Hang Seng Bank edit Cantopop songs to combat cybercrime
Hang Seng Bank has launched a campaign in an effort to help customers identify increasingly sophisticated financial scams. Created by DDB Group Hong Kong, the campaign uses familiar Cantopop songs ...
Hong Kong stocks rise ahead of US inflation data
Hong Kong stocks opened slightly higher on Tuesday morning thanks to fresh gains for tech giants and ahead of the release of key US inflation data ...
How China’s crackdown hurt Hong Kong’s economic ambitions
The Chinese city is set to widen a Beijing-imposed security law that could cause more multinationals to flee. Is Hong Kong's role as a gateway to China over?
Banking Federation Chief Prioritizes Internal Controls Reform Amid HK-tied ELS Controversy
C ho Yong-byoung, the head of the Korea Federation of Banks (KFB), expressed regret over recent controversies surrounding massive consumer losses linked to equity-linked securitie ...
How Xi’s crackdown hurt Hong Kong’s economic ambitions
Is Hong Kong's role as a gateway to China over or morphing to appeal to the new economic hard hitters? COVID, the pro-democracy crackdown and China's trade war with the United States have dealt a ...
Banking federation chief emphasizes efforts on internal controls reform over HK-tied ELS controversy
Cho Yong-byoung, expressed regret over the recent controversies linked to the massive consumer losses involving equity-linked securities (ELS), which were tied to the performance of the Hang Seng ...
Intel-Backed Horizon Picks Banks for $500 Million Hong Kong IPO
Horizon Robotics, a Chinese provider of autonomous driving computing solutions, has picked banks to help arrange its Hong Kong initial public offering this year that may raise about $500 million, ...
China’s Alibaba Commits $640 Million to Hong Kong Film, TV Development
During FilMart, China’s Alibaba commits $640 million to development of Hong Kong's film and TV industry development.