Hong Kong's push towards Blockchain enabled Fintech and Web3 innovation received strong tailwind through a new fund that CMCC Global launched this week. CMCC Global, one of Asia's earliest venture ...
Mid-Week In China: A Tough Export Climate & More Property Woes Sink Hong Kong Stocks
Fears of an increasingly tough climate for Chinese exporters and more malaise in the property market sent Hong Kong shares trading lower Wednesday. After trying to rise higher in the morning, the Hang ...
HSBC Buys back Nearly 4.79M Shrs for $292M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7894 million shares of the company at HKD292 million yesterday (25th) in the UK and HK markets.Among which, 2.27... HSBC HOLDINGS ...
HSBC, Dubai Econ & Tourism Dept. Ink MoU to Propel Financial Connectivity
HSBC announced that it has inked a memorandum of understanding (MoU) for cooperation with the Dubai Department of Economy and Tourism. The collaboration aims to promote business and investment ...
Clara Chan, once called ‘goddess’ for her role in Cathay Pacific rescue, is the new boss of Hong Kong’s version of Temasek
Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ...
US startup investors sever ties with China
After venture capital giant Sequoia, GGV has now announced a separation of its Asian business. Escalating tensions between the USA and China are forcing investors to reconsider their strategies.
Hong Kong to get US$3.8 billion in foreign investment from 30 ‘strategic’ firms: Financial Secretary Paul Chan
The 30 companies in ‘strategic’ areas are set to create about 10,000 jobs in the city, Financial Secretary Paul Chan said on Wednesday.
Here’s A List Of The Top 10 Hong Kong Companies Buying Back Their Shares In September
As Hong Kong markets have sold off hard over the past few months, corporate stock repurchases have surged to an all-time high.
Finance chief says Hong Kong already Asia’s green finance hub
HONG KONG, Oct. 4 (Xinhua) -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region government, said on Wednesday that Hong Kong is well developed in green finance and the city ...
Fukushima waste water: no room for Hong Kong to ease ban on Japanese seafood, environment chief says before second round of discharge
Secretary for Environment and Ecology Tse Chin-wan says ‘ball is in their court’, over whether Tokyo will stop discharge or provide clarity on matter.
Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong
Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.
How BOCHK empowers entrepreneurs with customised business banking solutions
Bank of China (Hong Kong) (BOCHK) is committed to helping small and medium-sized enterprises (SMEs) navigate the ever-changing business environment and market landscape. In this story, five ...
Bank of China Hong Kong kicks off pilot for e-HKD use for prepaid services
BOCHK hopes to create a new business model for retail SMEs. Bank of China (Hong Kong) (BOCHK) has begun a pilot for the use of a hypothetical e-HKD to examine the use of e-HKD for prepaid services.
Hong Kong government to sell only 1 plot this quarter, putting revenue target of US$10.8 billion from land sale out of reach
The Hong Kong government will tender only a single parcel of land in the current quarter, as sales have been scaled down because of poor response and prevailing market conditions.