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Posted on 06/09/2023

CFO of Hong Kong company ‘duped out of over HK$15 million’ in online investment scam that used bogus mainland China stock trading app

Source familiar with case says 60-year-old man was paid HK$160,000 in profit from initial trades as bait to encourage further investment.

Posted on 06/09/2023

Hong Kong stocks lose ground for second day after tepid corporate earnings as Nomura pares forecast for Chinese equities

Hong Kong stocks dropped for a second day as traders dialled back bets after a disappointing corporate earnings season. Nomura turned less bullish on the outlook for Chinese equities. The Hang Seng ...

Posted on 06/09/2023

Hong Kong’s HKEx opens new London office against dismal China backdrop

HKEx chief executive Nicolas Aguzin opened the group’s latest new office in London on Wednesday. His aim: to get more global firms to IPO in Hong Kong and convince investors to put money to work there.

Posted on 06/09/2023

China Property Stocks Soar In Hong Kong On Stimulus Hopes

Shares in battered developers rocketed in Hong Kong on Wednesday on investor bets that Beijing will follow up recent pledges to boost the real estate sector with more measures.

Posted on 06/09/2023

Hong Kong’s financial task force to meet today to find ways to boost stock market turnover and fundraising activities, sources say

The task force, set up by Financial Secretary Paul Chan Mo-po, would recommend a set of policy options to Chief Executive John Lee Ka-chiu before Hong Kong's top official delivers his second policy ...

Posted on 06/09/2023

Hong Kong Office Woes Mount as Most Tenants Shun Expansion

Hong Kong office tenants from financial institutions to manufacturers are cautious about expanding their existing space, according to a survey, reflecting another headwind for the city’s troubled commercial real estate market. In banking, finance and ...

Posted on 06/09/2023

Hong Kong film star Brigitte Lin takes on new role as ambassador for dementia project

Film star Brigitte Lin, 68, shares her secrets for retaining a sharp mind as she becomes ambassador for dementia prevention project.

Posted on 06/09/2023

Hong Kong’s old buildings are crumbling, but flat owners balk at repair fees, prompting calls for government action on ‘ticking time bombs’

Experts call for better enforcement as 2,700 buildings fail to do mandatory inspections by deadline, with one issued order almost a decade ago.

Posted on 06/09/2023

Chinese Property Stocks Jump Amid Hopes for More Stimulus

Chinese property stocks jumped early in Hong Kong amid hopes of more property-market stimulus ahead and a state-owned media report saying Beijing might roll out new measures to shore up the sector, in ...

Posted on 06/09/2023

Hong Kong LGBTQ Ruling Avoids Beijing Rewrite, Top Adviser Says

A top adviser to Hong Kong’s leader praised a landmark ruling backing same-sex unions by the city’s highest court, saying it showed “judicial independence” and protected against any overrule by Beijing. Regina Ip, convener of Chief Executive John ...

Posted on 06/09/2023

“Airwallex for Startups” Launches in Hong Kong to Help Local Businesses Streamline Operations

HONG KONG, September 06, 2023--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, today announced the launch of "Airwallex for Startups," a business ...

Posted on 06/09/2023

Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say

Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by greenhouse gas emissions reduction projects in the region, ...

Posted on 06/09/2023

Green Finance: two newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say

Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by greenhouse gas emissions reduction projects in the region, ...

Posted on 06/09/2023

Over a fifth of Hong Kong’s office tenants likely to reduce office space, with many relocating to mainland China and Singapore, study finds

In a poll of 321 companies, the first since Hong Kong and mainland China scrapped all coronavirus pandemic curbs, 21 per cent or 69 of the respondents said they were likely to trim their operations, ...

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