Hong Kong insurer FWD Group Holdings, controlled by tycoon Richard Li, has revived a bid for an IPO on its home bourse after shelving plans for a U.S. listing last year. Documents filed with the Hong ... ( read original story ...)
How Hong Kong aims to build on its leadership position as Asia’s asset and wealth management hub
Building on its proven reputation as a global finance centre, Hong Kong is also Asia’s leading asset and wealth management hub. The free flow of capital has long been fundamental to the metropolis ... ( read original story ...)
AXA, HSBC introduce cover for Hong Kong domestic helpers
AXA Hong Kong and HSBC have partnered to introduce HelperShield Insurance, a product that provides protection to both employers and their domestic helpers. According to AXA and HSBC, the partnership ... ( read original story ...)
Jobless man jailed for sedition after sharing social media posts that attacked Beijing and Hong Kong government
Man, 53, jailed for four months after he admits sharing seditious social media posts on Telegram channel A 53-year-old man was on Thursday jailed for four months under a colonial-era sedition law ... ( read original story ...)
Office vacancies double in Hong Kong
The data add to warnings that Hong Kong’s shine as a business hub has been dulled by political unrest and a subsequent crackdown. Pandemic curbs have also kept the territory internationally isolated ... ( read original story ...)
PCAOB Arrives In Hong Kong, EU Regulation Sends Solar Stocks Lower
Asian equities were mixed but mostly lower overnight as uncertainty surrounding US interest rates continues to pervade global markets. ( read original story ...)
Confirmed: Tencent Music to go public in Hong Kong without raising new funds
Tencent Music Entertainment has confirmed that it is launching a secondary listing in Hong Kong by way of introduction, meaning that the company will not raise new funds or issue new shares unlike in ... ( read original story ...)
HSBC, Standard Chartered, Citigroup and BlackRock are all expected to send top executives to Hong Kong’s financial summit. Here is why
The in-person meeting will be the biggest gathering of financial executives in the city since the Covid-19 pandemic was first reported in 2020 All attendees will need to quarantine under the current ... ( read original story ...)
Hong Kong’s Consumer Council receives 330 complaints about credit card offers in first 8 months of 2022, double last year’s number
Complaints include welcome gifts delayed and not being entitled to the expected benefits for online purchases. ( read original story ...)
Hong Kong actor apologises for praising British queen
A veteran Hong Kong opera star apologised and declared his patriotism on Thursday after his praise for Britain's late Queen Elizabeth II sparked a backlash among nationalists in China. Instagram is ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Stock Price Crosses Below 50 Day Moving Average of $16.17
Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.17 and traded as low ... ( read original story ...)
Hong Kong facing wave of restaurant closures, with 8,000 businesses chased over unpaid rent after end of government protection scheme
Industry leader says economy has not recovered as well as expected, and city is 'like an isolated island' with border still closed Closure of bakery chain Crostini, which owes millions in unpaid wages ... ( read original story ...)
At 25th anniversary of return, Hong Kong’s future looks bright
The Hong Kong Economic and Trade Office in San Francisco held an exuberant gala to celebrate the 25th anniversary of Hong Kong's return to the motherland, with high confidence in its economic ... ( read original story ...)
Wave of catering closures feared as Hong Kong bakery chain Crostini crumbles
The demise of Hong Kong bakery chain Crostini has sparked fears of a wave of catering industry closures after a Covid-related rent deferral scheme expired, with one representative saying around 2,000 ... ( read original story ...)