HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.184 million shares in London and Hong Kong last Friday (10th), involving a total of approximately HKD157 million. HSBC ... ( read original story ...)
Chamber chief: end quarantine to bolster business
A business leader says that, if Hong Kong really does have a high degree of autonomy, it needs to shift away from Beijing's Covid strategy and allow ... ( read original story ...)
China’s Xi Calls for ‘Closer Emotional Bond’ With Hong Kong
President Xi Jinping said people in Hong Kong and on the mainland should develop “a closer emotional bond,” comments that come before the Chinese leader’s potential visit to the city. ( read original story ...)
Data on asylum seekers detained in Hong Kong should be disclosed more proactively, legal expert says
Legal scholar Surabhi Chopra says research efforts showed public information on immigration detainees was harder to find than data for prisoners. ( read original story ...)
Hong Kong’s Livi Bank bets on ‘buy now, pay later’ services
In an increasingly competitive online banking market, Hong Kong's Livi Bank is making its presence felt through deferred services that feature quick borrower screening and collaboration with ... ( read original story ...)
Hong Kong stocks sharply down at open
Hong Kong stocks plunged at the open Monday after data showing a forecast-busting jump in US inflation last month fanned bets on a sharper pace of ... ( read original story ...)
Two-thirds of couples in Hong Kong lack financial plans for the future – DBS-Manulife survey
ManuGlobal Saveris designed to help people achieve financial freedom and reach their wealth goals,. A survey commissioned by DBS and Manulife finds that only 32 percent of Hong Kong couples have ... ( read original story ...)
Photographer withdraws photo donated to FCC, saying Hong Kong press club failed to stand up for press freedom
Photographer Steven Knipp has withdrawn a photo donated to Hong Kong’s Foreign Correspondents’ Club (FCC), saying the club has failed to stand up for press freedom. In an email seen by HKFP last week, ... ( read original story ...)
Hong Kong Stock Market Predicted To Open In The Red
The Hong Kong stock market has moved lower in two straight sessions, sinking more than 200 points or 0.9 percent along the way. The Hang Seng Index now rests just above the 21,800-point plateau and it ... ( read original story ...)
25th Anniversary of the Return | Stable and counter-cyclical property prices can reduce spicy? HKMA: This move will not help citizens get on the bus
In addition to the talent issue, when it comes to the long-term high property prices in Hong Kong, the HKMA reiterates that counter-cyclical measures can only be adjusted when the cycle changes, and ... ( read original story ...)
HSBC Could Unlock $26.5 Billion in Asia Spin-Off, Report Says
Two other scenarios that could benefit shareholders are for HSBC to spin off the Asian business or just its Hong Kong retail operations into partial initial public offerings, Toto Consultancy Ltd. ( read original story ...)
Global capital flows and geopolitical risks are Hong Kong’s biggest challenges for the next few years, city’s de facto central banker says
The HKMA sits on the world's seventh-largest foreign-currency reserves, a financial war chest that quintupled over 25 years to US$460 billion at the end of May The stock market's value grew eightfold ... ( read original story ...)
Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Up 111.9% in May
Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY – Get Rating) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 99,400 shares, a ... ( read original story ...)
Splitting HSBC ‘could net investors a £22bn windfall’
A report from Hong Kong consultancy In Toto claims splitting off the Asian arm and selling it could fetch up to £21.5billion. ( read original story ...)