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Posted on 06/08/2025

HSBC creates global CMO role amid efforts to improve agility

John McDonald joins from UBS to lead marketing and brand across the four HSBC primary businesses. HSBC has named a new CMO to oversee global functions in its bid to become “a more simple, agile and ...

Posted on 06/08/2025

Hong Kong asks insurers to return investing roles from Singapore, sources say

The push started in early 2024 and is focusing on companies including AIA Group, the sources said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/08/2025

80-year-old Hong Kong taxi driver arrested after tourist fatally struck by vehicle

An 80-year-old taxi driver has been arrested after he lost control of his vehicle, killing a tourist from the Philippines, according to the HK police.

Posted on 06/08/2025

Record-breaking Hong Kong deluge shuts down schools, hospital wards

Blackened skies unleashed torrential rains on Hong Kong on Tuesday (August 5), shutting hospitals, schools and law courts, and turning the Asian financial center's many staircases into waterfalls.

Posted on 06/08/2025

Mainland China, Hong Kong stocks edge higher on hopes for Sino-US trade deal

SHANGHAI/SINGORE, - Mainland China and Hong Kong stocks edged higher on Wednesday, underpinned by market hopes for an extended trade truce between the United States and China to reach a final deal.

Posted on 06/08/2025

Hong Kong police on hunt for man who used fake bills in Patek Philippe, Richard Mille deal

Owners of Patek Philippe and Richard Mille timepieces discover they were given counterfeit banknotes about 30 minutes after suspect flees.

Posted on 06/08/2025

Fintechs to Expand Operations in Hong Kong As Applications Open for Stablecoin Issuer Licenses

Hong Kong is emerging as a global hub for fintechs, driven by the steady adoption of cryptocurrencies and blockchain technology.

Posted on 06/08/2025

China Market Update: Massive Inflow Into Hong Kong Stocks From Mainland China Overnight

Asian equities had a strong day, led by Australia, South Korea, Taiwan, Thailand, and Vietnam, while India underperformed, as the US dollar weakened overnight.

Posted on 06/08/2025

Hong Kong Asks Insurers to Return Investing Roles From Singapore

Life insurers have become the latest target in Hong Kong’s efforts to compete with Singapore in retaining talent and capital.

Posted on 06/08/2025

Hong Kong Engineering Firm KWF Group Files for IPO

KWF is a civil-engineering subcontractor in Hong Kong that was founded in 2014. It is incorporated in the Cayman Islands. KWF logged $12.5 million in revenue in the fiscal year ended Feb. 28, 2025.

Posted on 06/08/2025

Bank of China Hong Kong tests 1,500 e-HKD transactions as CBDC project advances

BOCHK completed 1,500 e-HKD test transactions as Hong Kong’s stablecoin rules took effect on August 1, boosting digital currency adoption.

Posted on 06/08/2025

Record-breaking deluge in Hong Kong wreaks havoc with 11-hour black rainstorm signal

Record-breaking torrential downpours hit Hong Kong on Tuesday and brought the city to a standstill with its second-longest black rainstorm warning in effect for more than 11 hours, as authorities ...

Posted on 05/08/2025

Hong Kong’s Housing Market Stuck in Stalemate as Bulls and Bears Face Off

Hong Kong's residential property market remains caught in a tug-of-war, with bullish momentum stymied by a host of bearish fundamentals, according to the latest market outlook from JLL.

Posted on 05/08/2025

Sunwoda Taps Hong Kong IPO for Funding to Survive China’s Brutal EV Battery Price War

One such player hoping to survive the shakeout is Sunwoda Electronic Co. Ltd., which aims to tap global investors for cash with a planned IPO. Last week the company filed a preliminary prospectus for ...

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