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Posted on 18/10/2023

Hong Kong’s affluent become millionaires at an average age of 33, HSBC Premier survey suggests

A study by HSBC suggests that about six per cent of respondents have already hit the HK$10 million mark by the age of 45. The bank’s wealth management services can help individuals meet their ...

Posted on 18/10/2023

Hong Kong’s Market Is Withering. China is the Problem.

As Hong Kong’s shriveling stock market continues to shed billions in liquidity and trading volumes fall, even the bears are wondering if things have hit bottom. Until recently, the city’s exchange had ...

Posted on 18/10/2023

Hong Kong court backs same-sex couples on equal housing rights

A Hong Kong court has dismissed a government bid to deny same-sex married couples the right to rent and own public housing, saying that it was “discriminatory in nature” and a complete denial of such ...

Posted on 18/10/2023

Hong Kong’s attitude toward crypto sours after JPEX saga: Survey

Fewer Hong Kongers want to hold cryptocurrencies after JPEX collapsed on liquidity issues and fraud allegations, a two-phase survey by The Hong Kong University of Science and Technology suggests.

Posted on 18/10/2023

UBS Launches Digital Platform for Structured Products in Asia

UBS Global Wealth Management has gone live with a digital platform for structured products in Singapore and Hong Kong, providing customers in the two locations with access to a wide selection of ...

Posted on 18/10/2023

Hong Kong court backs same-sex married couples on equal housing rights

A Hong Kong court has dismissed a government bid to deny same-sex married couples the right to rent and own public housing, saying that it was “discriminatory in nature” and a complete denial of such ...

Posted on 18/10/2023

Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65 per cent as interest rates, economy weigh on sentiment

The investment market will remain subdued for the rest of the year, property consultancy says Latest forecast of HK$26 billion in total investment follows a prediction of HK$35 billion Colliers made ...

Posted on 18/10/2023

Hong Kong Shares May Open In The Red

The Hong Kong stock market on Tuesday wrote a finish to the two-day losing streak in which it had tumbled almost 800 points or 4 ...

Posted on 18/10/2023

Until there is a better option, Hong Kong’s US dollar peg is here to stay

As the city's currency marks 40 years of the peg many question its future, but it has braved the storms and continues to give the financial centre stability The 40th anniversary this week of the Hong Kong dollar peg to the US dollar has revived questions about its future,

Posted on 18/10/2023

BC Technology denies it is selling OSL crypto exchange as stock plummets amid challenges for Hong Kong licensing

BC Technology has rejected a report that it is looking to sell OSL, one of two licensed Hong Kong crypto exchanges and the firm’s main revenue source.

Posted on 18/10/2023

Hong Kong open for investment, Chief Executive John Lee tells belt and road entrepreneurs at high-powered Beijing conference

John Lee tells entrepreneurs from around the globe at Beijing conference to set up in city to tap into the belt and road international trade strategy.

Posted on 18/10/2023

Survey: HK Affluent Class People Become Millionaires at Age of 33 on Average

According to a survey conducted by HSBC, affluent class people in Hong Kong become millionaires at the age of 33 on average, and they are also confident that they can earn $10 million at the age of 62 ...

Posted on 18/10/2023

Hong Kong court upholds same-sex couples’ eligibility for housing benefits

Hong Kong's Court of Appeal ruled Tuesday in favor of extending eligibility for subsidized housing benefits to same-sex couples, upholding two previous rulings.

Posted on 18/10/2023

Hong Kong courts rule in same-sex couples’ favor

H ong Kong’s Court of Appeals ruled in favor of two same-sex couples in separate cases involving their rights to own and rent public housing. Same-sex marriage is not legal in the city. The rulings ...

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