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Posted on 18/09/2023

7 in 10 Hongkongers expect to work after retirement, as savings will not suffice to provide quality of life: HSBC survey

Hong Kong people believe they need US$1.1 million to retire comfortably, but they face a shortfall of US$815,000, HSBC survey says Yet Hongkongers are less likely than their peers in other places ...

Posted on 18/09/2023

TWF Urges Breaking Gender Zero-sum Thinking Promote Gender Equality to Sustain HK’s Competitiveness

As we move into the post-pandemic era, the world is facing new challenges and competition for talent across industries. To maintain its competitiveness, Hong Kong must prioritise and showcase its ...

Posted on 18/09/2023

Hong Kong home prices seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are expected to fall by up to 5 per cent by the end of this year, analysts say, after seven major lenders said they will raise their mortgage rates as early as Monday. HSBC, ...

Posted on 18/09/2023

JPEX-Crypto Platform to suspend trades on Monday amid investigation in Hong Kong

Police have received at least 83 complaints related to platform, involving virtual assets worth about HK$34 million.

Posted on 18/09/2023

Hong Kong Warns Crypto Firms Against Using Banking Terms

The Hong Kong Monetary Authority (HKMA) has warned the public about cryptocurrency companies that pose as banks and use banking terminology.

Posted on 18/09/2023

272 companies expanded to Hong Kong as foreign capitals regain confidence in the city, secretary for commerce has said

The Hong Kong government has attracted 272 companies to develop business in Hong Kong this year, the city’s commerce secretary has said. Speaking on a Commercial Radio show on Saturday, Secretary for ...

Posted on 18/09/2023

Hong Kong parents slam Rosaryhill Secondary School over decision to close, demand letting pupils finish studies

Teacher Association chairman Baljinder Singh says decision to close has disrupted staff morale, students' routine and lives of their families Drastic reduction in enrolment numbers and financial ...

Posted on 18/09/2023

Hang Seng names new head of commercial banking

Hang Seng Bank appointed Regina Lee as head of commercial banking and a member of the Executive Committee, effective 14 October.  Regina will take over from Donald Lam, the current Head of Commercial ...

Posted on 18/09/2023

StanChart HK inks MOU to promote business, dev’t between HK and Dubai

This include promoting the growth of family offices, fintechs, and virtual asset industries. Standard Chartered Bank Hong Kong has inked a memorandum of understanding (MOU) with the Dubai Department ...

Posted on 18/09/2023

Hong Kong’s Temple Street on a comeback? Cuisine, cultural experience urged for forgotten tourist spot under nightlife boost

The government on Thursday announced a raft of activities under a months-long citywide campaign to attract residents to stay out longer and boost the night economy. These include waterfront bazaars, evening programmes at theme parks and museums, free entry to the Happy Valley Racecourse, film screenings and expanded pedestrian areas.

Posted on 18/09/2023

Meet the typical Hong Kong millennial: They’re supporting their parents, can’t afford to buy homes, and have zero interest in moving to mainland China

Over 80% of millennials in Hong Kong live with their parents.  The 2019-2020 protests had an impact on their mindset. Hong Kong's millennials differ from their elders by being more vocal, expressive, ...

Posted on 18/09/2023

Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

SYDNEY (Reuters) - Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched on Monday. Beijing ...

Posted on 18/09/2023

Woman fighting for life after Hong Kong bus slams into back of stationary crane truck, leaving more than 40 injured

A woman bus passenger was fighting for her life in Hong Kong on Sunday night after a double-decker slammed into the back of a stationary crane truck, leaving more than 40 others injured. The injured ...

Posted on 18/09/2023

Cross-border healthcare services can ease burden on Hong Kong’s public hospitals, but payment matters must be addressed, ex-finance chief Antony Leung says

Shenzhen United Family Hospital is interested in serving Hong Kong patients to reduce waiting times in city, former financial secretary Antony Leung says But Leung says issues such as who should pay ...

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